Mayfair Gold (TSXV:MFG) - Stock Price, News & Analysis

MFG Stock Overview

An exploration-stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties. More details

MFG fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 28.8% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

Mayfair Gold Corp. Competitors

Dynacor Group

TSX:DNG

CA$204.0m

Integra Resources

TSXV:ITR

CA$219.1m

Ascot Resources

TSX:AOT

CA$235.5m

Thor Explorations

TSXV:THX

CA$196.8m

Price History & Performance

Summary of all time highs, changes and price drops for Mayfair Gold
Historical stock prices
Current Share Price	CA$1.94
52 Week High	CA$2.74
52 Week Low	CA$1.51
Beta	0.12
11 Month Change	-4.43%
3 Month Change	10.23%
1 Year Change	-13.78%
33 Year Change	145.57%
5 Year Change	n/a
Change since IPO	-8.49%

Recent updates

Shareholder Returns

	MFG	CA Metals and Mining	CA Market
7D	1.0%	6.6%	2.2%
1Y	-13.8%	32.2%	23.4%

Return vs Industry: MFG underperformed the Canadian Metals and Mining industry which returned 32.2% over the past year.

Return vs Market: MFG underperformed the Canadian Market which returned 23.4% over the past year.

Price Volatility

Is MFG's price volatile compared to industry and market?
MFG volatility
MFG Average Weekly Movement	5.9%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: MFG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MFG's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2019	n/a	Darren McLean	www.mayfairgold.ca

Mayfair Gold Corp., an exploration-stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties. It holds 100% interests in the Fenn-Gib gold project with 21 fee simple patented properties, 153 patented leasehold mining claims, and 144 unpatented mining claims covering an area of approximately 4,800 hectares located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, Canada. The company was incorporated in 2019 and is headquartered in Matheson, Canada.

Mayfair Gold Corp. Fundamentals Summary

How do Mayfair Gold's earnings and revenue compare to its market cap?
MFG fundamental statistics
Market cap	CA$211.94m
Earnings (TTM)	-CA$15.49m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-13.7x

P/E Ratio

Is MFG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFG income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$15.49m
Earnings	-CA$15.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did MFG perform over the long term?

See historical performance and comparison

MFG Stock Overview

Risk Analysis

Mayfair Gold Corp. Competitors

TSX:DNG

CA$204.0m

TSXV:ITR

CA$219.1m

TSX:AOT

CA$235.5m

TSXV:THX

CA$196.8m

Price History & Performance

Recent News & Updates

Mayfair Gold Corp. announced that it has received CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. announced that it expects to receive CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. Reports Mineral Resource Estimate At Fenn-Gib Gold Project

Mayfair Gold Corp. Announces Board Changes

Mayfair Gold Corp. Announces CFO Changes

Vice President of Exploration recently sold CA$223k worth of stock

Recent updates

Mayfair Gold Corp. announced that it has received CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. announced that it expects to receive CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. Reports Mineral Resource Estimate At Fenn-Gib Gold Project

Mayfair Gold Corp. Announces Board Changes

Mayfair Gold Corp. Announces CFO Changes

Vice President of Exploration recently sold CA$223k worth of stock

Mayfair Gold Corp. Approves Management Appointments

Mayfair Gold Corp. Defeats Muddy Waters Capital LLC's Meritless Lawsuit

President exercised options to buy CA$2.9m worth of stock.

Vice President of Exploration recently sold CA$127k worth of stock

Insufficient new directors

Mayfair Gold Corp. Obtains Ex Parte Order by Muddy Waters Capital LLC in the Supreme Court of British Columbia

Vice President of Exploration recently sold CA$69k worth of stock

Mayfair Gold Corp. Provides Update on Fenn-Gib Gold Project

Vice President of Exploration recently sold CA$112k worth of stock

Vice President of Exploration exercised options to buy CA$347k worth of stock.

Vice President of Exploration recently sold CA$107k worth of stock

Mayfair Gold Corp., Annual General Meeting, Jun 05, 2024

Here's Why We're Watching Mayfair Gold's (CVE:MFG) Cash Burn Situation

Mayfair Gold Corp. Announces Further Drill Results from the Higher-Grade Footwall Zone Located Approximately 100 Meters to the Northwest of the Fenn-Gib Gold Deposit

Muddy Waters Releases Letter to Shareholders of Mayfair Gold

Mayfair Gold Corp Receives a Notice from Muddy Waters Capital LLC

Mayfair Gold Corp. Announces Resignation of Sean Pi as Director

Mayfair Gold Drills 3.14 g/t Au Over 10.0m Including 15.94 g/t Au Over 1.0m at Fenn-Gib Footwall Zone

Mayfair Gold Corp. Announces Successful Completion of Fenn-Gib Geotechnical Study

Mayfair Gold Corp. announced that it expects to receive CAD 10.9977 million in funding

Mayfair Gold Corp. Announces Further Drill Results from the Higher-Grade Footwall Zone Located Approximately 100 Meters to the North of the Fenn-GIB Gold Deposit

Mayfair Gold Corp. Makes New Discovery At Fenn-Gib Gold Project

New major risk - Financial position

Mayfair Gold Corp. Reports Positive Results from Ongoing Metallurgical Testing

Mayfair Gold Corp. Completes Fenn-Gib Geotechnical and Hydrogeology Field Campaign

Mayfair Gold Corp. Fenn-Gib Project Maintains Carbon Neutrality for 2022

Mayfair Gold Corp. Increases Fenn-Gib Open-Pit Indicated Resource Estimate to 3.38M Ounces and Reports Inferred Resource of 0.16M Ounces

Mayfair Gold Corp. announced that it has received CAD 3.02575 million in funding from Muddy Waters Capital LLC and another investor

Mayfair Gold Corp. announced that it expects to receive CAD 3.02575 million in funding

Mayfair Gold Reports Positive Advanced Metallurgical Test Results for Fenn-Gib Deposit, Ontario

Mayfair Gold Corp. announced that it has received CAD 3.45 million in funding

Mayfair Gold Corp. Announces Resource Drilling Recommence At Its Fenn-Gib Gold Project

Mayfair Gold Drills 1.40 G/T Gold over 65.0M from Fenn-Gib Expansion Drill Program

Mayfair Gold Corp. Announces Ninth Set of Drill Results for 2022 from the Fenn-Gib Drill Program

Mayfair Gold Reports 1.10 G/T Gold over 366.7M from Near-Surface, Including 5.66 G/T Au over 16.0M from Fenn-Gib Drill Program

Mayfair Gold Corp. announced that it expects to receive CAD 7.97 million in funding

Mayfair Gold Corp. announced that it expects to receive CAD 7.97 million in funding

President recently bought CA$52k worth of stock

Mayfair Gold Corp. Reports High-Grade Results from Fenn-Gib Drill Program, Including Ultra High-Grade Gold Intercept of 225 G/T (7.2 oz/t) over 1.5M

High number of new and inexperienced directors

Mayfair Gold Increases Fenn-Gib Open Pit Indicated Resource by 47% to 3.06M Ounces and Inferred Resource by 315% to 0.31M Ounces

Mayfair Gold Corp. Announces the Sixth Set of Results for 2022 from the Fenn-Gib Drill Program

Companies Like Mayfair Gold (CVE:MFG) Could Be Quite Risky

President recently bought CA$65k worth of stock

Mayfair Gold Completes Fenn-Gib North Block Phase 1 Regional Drill Program

Mayfair Gold Corp. Announces Further Results from Fenn-Gib Expansion Drill Program

Mayfair Gold Corp. Announces Completion of the 80,000-Meter Phase 1/2 Infill and Expansion Drill Program at its 100%-Controlled Fenn-Gib Project

Mayfair Gold Corp. announced that it has received CAD 7.009 million in funding

Mayfair Gold Corp. Drills 6.53 G/T Gold over 17.5m Within 49.0m At 2.88 G/T Gold At Fenn-Gib Footwall Zone

Mayfair Gold Corp. announced that it expects to receive CAD 7.009 million in funding

Mayfair Gold Corp. Announces Further Results from the Fenn-Gib Expansion Drill Program

Mayfair Gold Corp. Completes Fenn-Gib South Block Phase 1 Drill Program

Mayfair Gold Corp. Announces 100% Controlled Fenn-Gib Project

Mayfair Gold Reports 1.31 g/t Gold over 78.3M Within 134.2M At 0.93 g/t Gold from Fenn-Gib Expansion Drill Program