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Monument Mining LimitedTSXV:MMY Stock Report

Market Cap CA$297.7m
Share Price
CA$0.86
CA$2.1
59.0% undervalued intrinsic discount
1Y81.1%
7D-1.1%
1D
Portfolio Value
​
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Monument Mining Limited

TSXV:MMY Stock Report

Market Cap: CA$297.7m

Monument Mining (MMY) Stock Overview

Engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia. More details

MMY fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends1/6

Rewards

Trading at 95.3% below our estimate of its fair value

Revenue is forecast to grow 7.93% per year

Earnings grew by 197.3% over the past year

Risk Analysis

No risks detected for MMY from our risk checks.

MMY Community Fair Values

Create Narrative

See what 31 others think this stock is worth. Follow their fair value or set your own to get alerts.

View all narratives

Monument Mining Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Monument Mining
Historical stock prices
Current Share PriceCA$0.86
52 Week HighCA$1.55
52 Week LowCA$0.38
Beta1.11
1 Month Change-2.27%
3 Month Change-34.35%
1 Year Change81.05%
3 Year Change805.26%
5 Year Change352.63%
Change since IPO22.86%

Recent News & Updates

Recent updates

Analysis Article • Dec 14

Monument Mining's (CVE:MMY) Promising Earnings May Rest On Soft Foundations

Despite announcing strong earnings, Monument Mining Limited's ( CVE:MMY ) stock was sluggish. Our analysis uncovered...
Analysis Article • Oct 16

Monument Mining Limited (CVE:MMY) Shares Fly 54% But Investors Aren't Buying For Growth

Despite an already strong run, Monument Mining Limited ( CVE:MMY ) shares have been powering on, with a gain of 54% in...
Analysis Article • Aug 29

Monument Mining Limited (CVE:MMY) Held Back By Insufficient Growth Even After Shares Climb 28%

Monument Mining Limited ( CVE:MMY ) shares have had a really impressive month, gaining 28% after a shaky period...
Analysis Article • Mar 30

There's No Escaping Monument Mining Limited's (CVE:MMY) Muted Revenues Despite A 28% Share Price Rise

Despite an already strong run, Monument Mining Limited ( CVE:MMY ) shares have been powering on, with a gain of 28% in...
Analysis Article • Jan 08

Monument Mining Limited's (CVE:MMY) Shares Bounce 31% But Its Business Still Trails The Industry

The Monument Mining Limited ( CVE:MMY ) share price has done very well over the last month, posting an excellent gain...
Analysis Article • Oct 01

Monument Mining Limited's (CVE:MMY) Shares Leap 36% Yet They're Still Not Telling The Full Story

Monument Mining Limited ( CVE:MMY ) shares have continued their recent momentum with a 36% gain in the last month...
Analysis Article • Aug 29

Companies Like Monument Mining (CVE:MMY) Can Afford To Invest In Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article • Jul 05

There's No Escaping Monument Mining Limited's (CVE:MMY) Muted Revenues

Monument Mining Limited's ( CVE:MMY ) price-to-sales (or "P/S") ratio of 1x might make it look like a strong buy right...
Analysis Article • May 11

We Think Monument Mining (CVE:MMY) Needs To Drive Business Growth Carefully

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article • Mar 03

There Is A Reason Monument Mining Limited's (CVE:MMY) Price Is Undemanding

With a price-to-sales (or "P/S") ratio of 1.5x Monument Mining Limited ( CVE:MMY ) may be sending bullish signals at...
Analysis Article • Aug 05

We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article • Jun 07

Monument Mining Limited's (CVE:MMY) Shareholders Might Be Looking For Exit

There wouldn't be many who think Monument Mining Limited's ( CVE:MMY ) price-to-sales (or "P/S") ratio of 2.2x is worth...
Analysis Article • Mar 17

We're A Little Worried About Monument Mining's (CVE:MMY) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article • Feb 19

How Is Monument Mining's (CVE:MMY) CEO Compensated?

This article will reflect on the compensation paid to Cathy Zhai who has served as CEO of Monument Mining Limited...

Shareholder Returns

MMYCA Metals and MiningCA Market
7D-1.1%-2.1%1.6%
1Y81.1%83.3%33.7%

Return vs Industry: MMY underperformed the Canadian Metals and Mining industry which returned 83.4% over the past year.

Return vs Market: MMY exceeded the Canadian Market which returned 33.7% over the past year.

Price Volatility

Is MMY's price volatile compared to industry and market?
MMY volatility
MMY Average Weekly Movement10.4%
Metals and Mining Industry Average Movement11.7%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market3.9%

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

Volatility Over Time: MMY's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a288Cathy Zhaimonumentmining.com

Monument Mining Limited engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia. The company primarily explores for gold assets. It holds 100% interest in the Selinsing gold mine, which covers an area of 150.3 square kilometers in the Pahang State, Malaysia, and the Murchison gold that covers 232.6 square kilometers in the Murchison area, Western Australia.

Monument Mining Limited Fundamentals Summary

How do Monument Mining's earnings and revenue compare to its market cap?
MMY fundamental statistics
Market capCA$297.75m
Earnings (TTM)CA$77.85m
Revenue (TTM)CA$194.93m
3.8x
P/E Ratio
1.5x
P/S Ratio

Is MMY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMY income statement (TTM)
RevenueUS$141.10m
Cost of RevenueUS$45.16m
Gross ProfitUS$95.94m
Other ExpensesUS$39.58m
EarningsUS$56.36m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.16
Gross Margin67.99%
Net Profit Margin39.94%
Debt/Equity Ratio0%

How did MMY perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 23:36
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Monument Mining Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth RajeevFundamental Research Corp.