MGM Stock Overview
Maple Gold Mines Ltd. operates as a gold exploration company in Canada.
Maple Gold Mines Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.17|
|52 Week High||CA$0.39|
|52 Week Low||CA$0.15|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||-40.68%|
|3 Year Change||84.21%|
|5 Year Change||-36.36%|
|Change since IPO||-75.00%|
Recent News & Updates
Here's Why We're Not Too Worried About Maple Gold Mines' (CVE:MGM) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|MGM||CA Metals and Mining||CA Market|
Return vs Industry: MGM underperformed the Canadian Metals and Mining industry which returned -5% over the past year.
Return vs Market: MGM underperformed the Canadian Market which returned -2.5% over the past year.
|MGM Average Weekly Movement||7.6%|
|Metals and Mining Industry Average Movement||11.9%|
|Market Average Movement||10.1%|
|10% most volatile stocks in CA Market||18.3%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: MGM is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: MGM's weekly volatility (8%) has been stable over the past year.
About the Company
Maple Gold Mines Ltd. operates as a gold exploration company in Canada. It holds interest in the Douay gold project with 691 mineral claims covering an area of approximately 369 square kilometers located in the Casa Berardi deformation zone in the Abitibi Greenstone Belt of northern Quebec; and the Joutel project covering an area of approximately 39 square kilometers located in Quebec, Canada. The company was formerly known as Aurvista Gold Corporation and changed its name to Maple Gold Mines Ltd.
Maple Gold Mines Fundamentals Summary
|MGM fundamental statistics|
Is MGM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MGM income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.023|
|Net Profit Margin||0.00%|
How did MGM perform over the long term?See historical performance and comparison
Is MGM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for MGM?
Other financial metrics that can be useful for relative valuation.
|What is MGM's n/a Ratio?|
Price to Book Ratio vs Peers
How does MGM's PB Ratio compare to its peers?
|MGM PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
RVG Revival Gold
WHN Westhaven Gold
IRV Irving Resources
MJS Majestic Gold
MGM Maple Gold Mines
Price-To-Book vs Peers: MGM is expensive based on its Price-To-Book Ratio (4x) compared to the peer average (1.8x).
Price to Earnings Ratio vs Industry
How does MGM's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Book vs Industry: MGM is expensive based on its Price-To-Book Ratio (4x) compared to the Canadian Metals and Mining industry average (1.6x)
Price to Book Ratio vs Fair Ratio
What is MGM's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||4x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate MGM's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MGM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MGM's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MGM's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
Discover undervalued companies
How is Maple Gold Mines forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MGM is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MGM is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MGM is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if MGM's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if MGM's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MGM's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Maple Gold Mines performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGM is currently unprofitable.
Growing Profit Margin: MGM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MGM is unprofitable, but has reduced losses over the past 5 years at a rate of 17.8% per year.
Accelerating Growth: Unable to compare MGM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MGM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7.3%).
Return on Equity
High ROE: MGM has a negative Return on Equity (-52.49%), as it is currently unprofitable.
Discover strong past performing companies
How is Maple Gold Mines's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MGM's short term assets (CA$17.7M) exceed its short term liabilities (CA$3.1M).
Long Term Liabilities: MGM's short term assets (CA$17.7M) exceed its long term liabilities (CA$72.7K).
Debt to Equity History and Analysis
Debt Level: MGM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MGM's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MGM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MGM has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 7% each year.
Discover healthy companies
What is Maple Gold Mines's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Maple Gold Mines Dividend Yield vs Market|
|Company (Maple Gold Mines)||n/a|
|Market Bottom 25% (CA)||1.9%|
|Market Top 25% (CA)||5.9%|
|Industry Average (Metals and Mining)||2.6%|
|Analyst forecast in 3 Years (Maple Gold Mines)||n/a|
Notable Dividend: Unable to evaluate MGM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MGM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MGM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MGM's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as MGM has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
B. Hornor (50 yo)
Mr. B. Matthew Hornor serves Executive Chairman and Chief Executive Officer of Nfluence Analytics, Inc. since June 13, 2017. He has been the President and Chief Executive Officer at Maple Gold Mines Ltd. s...
CEO Compensation Analysis
|B. Hornor's Compensation vs Maple Gold Mines Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||CA$585k||CA$328k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||CA$293k||CA$192k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||CA$240k||CA$240k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||CA$195k||CA$195k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||CA$1m||CA$145k|
Compensation vs Market: B.'s total compensation ($USD427.62K) is above average for companies of similar size in the Canadian market ($USD178.72K).
Compensation vs Earnings: B.'s compensation has increased whilst the company is unprofitable.
Experienced Management: MGM's management team is considered experienced (2.6 years average tenure).
Experienced Board: MGM's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|13 Apr 22||BuyCA$2,850||EBC Consulting Group Ltd||Company||10,000||CA$0.29|
|05 Apr 22||BuyCA$3,701||EBC Consulting Group Ltd||Company||11,750||CA$0.31|
|09 Dec 21||BuyCA$576,599||Agnico Eagle Mines Limited||Company||1,860,000||CA$0.31|
|01 Dec 21||BuyCA$3,050||Joness Lang||Individual||10,000||CA$0.31|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Maple Gold Mines Ltd.'s employee growth, exchange listings and data sources
- Name: Maple Gold Mines Ltd.
- Ticker: MGM
- Exchange: TSXV
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$58.830m
- Shares outstanding: 336.17m
- Website: https://www.maplegoldmines.com
- Maple Gold Mines Ltd.
- 1111 W Hastings St
- 6th Floor
- British Columbia
- V6E 2J3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MGM||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2011|
|MGML.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2011|
|M3G||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2011|
|0AJ1||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Aug 2011|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/05 00:00|
|End of Day Share Price||2022/10/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.