Monument Mining Future Growth

Future criteria checks 1/6

Monument Mining is forecast to grow revenue at 7.9% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	18.6%
Revenue growth rate	7.9%
Future return on equity	n/a
Analyst coverage	Low
Last updated	07 Mar 2026

Recent future growth 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

Earnings and Revenue Growth Forecasts

TSXV:MMY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	166	N/A	N/A	81	1
6/30/2026	175	N/A	N/A	81	1
12/31/2025	141	56	60	71	N/A
9/30/2025	112	45	45	58	N/A
6/30/2025	99	38	35	49	N/A
3/31/2025	78	23	21	35	N/A
12/31/2024	73	19	18	30	N/A
9/30/2024	64	10	13	24	N/A
6/30/2024	51	6	4	14	N/A
3/31/2024	36	-2	-3	5	N/A
12/31/2023	24	-3	-8	0	N/A
9/30/2023	19	-6	-12	1	N/A
6/30/2023	12	-6	-15	0	N/A
3/31/2023	10	-4	-16	1	N/A
12/31/2022	14	-6	-15	2	N/A
9/30/2022	13	-6	-19	-5	N/A
6/30/2022	14	-6	-18	-5	N/A
3/31/2022	20	-9	-12	0	N/A
12/31/2021	18	-103	-13	-4	N/A
9/30/2021	20	-101	-6	1	N/A
6/30/2021	23	-99	-3	2	N/A
3/31/2021	23	-98	-4	0	N/A
12/31/2020	30	1	3	7	N/A
9/30/2020	30	0	1	6	N/A
6/30/2020	30	0	1	6	N/A
3/31/2020	30	0	-1	5	N/A
12/31/2019	23	-4	-6	1	N/A
9/30/2019	22	-1	N/A	3	N/A
6/30/2019	21	0	N/A	2	N/A
3/31/2019	19	1	N/A	-3	N/A
12/31/2018	21	0	N/A	0	N/A
9/30/2018	20	-2	N/A	0	N/A
6/30/2018	19	-5	N/A	1	N/A
3/31/2018	20	-9	N/A	8	N/A
12/31/2017	17	-9	N/A	4	N/A
9/30/2017	17	-7	N/A	4	N/A
6/30/2017	16	-7	N/A	0	N/A
3/31/2017	17	-3	N/A	-2	N/A
12/31/2016	17	1	N/A	0	N/A
9/30/2016	18	-3	N/A	-1	N/A
6/30/2016	24	-2	N/A	0	N/A
3/31/2016	29	1	N/A	4	N/A
12/31/2015	37	2	N/A	13	N/A
9/30/2015	45	10	N/A	22	N/A
6/30/2015	45	11	N/A	24	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MMY's forecast earnings growth is above the savings rate (3%).

Earnings vs Market: Insufficient data to determine if MMY's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if MMY's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MMY's revenue (7.9% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: MMY's revenue (7.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MMY's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/07 06:06
End of Day Share Price	2026/05/07 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analyst	Institution
Siddharth Rajeev	Fundamental Research Corp.

Monument Mining Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 15% to CA$0.68

Monument Mining Limited Announces Selinsing Gold Mine in Malaysia Resumes Production

Recent updates

Investor sentiment improves as stock rises 19%

Second quarter 2026 earnings released: EPS: US$0.058 (vs US$0.027 in 2Q 2025)

Investor sentiment improves as stock rises 16%

Monument Mining Limited Announces Additional Assay Results from the Buffalo Reef/Felda Areas of Selinsing Gold Mine

Investor sentiment improves as stock rises 24%

Investor sentiment improves as stock rises 17%

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

Monument Mining Limited Declares Special Cash Dividend, Payable on January 19, 2026

Monument Announces First 16 Drill Hole Results of Selinsing Mine Expansion Drilling Program

First quarter 2026 earnings released: EPS: US$0.031 (vs US$0.009 in 1Q 2025)

Investor sentiment improves as stock rises 18%

Monument Mining Limited, Annual General Meeting, Dec 08, 2025

Full year 2025 earnings released: EPS: US$0.11 (vs US$0.02 in FY 2024)

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

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

Monument Mining Limited Announces Commencement of Expansion Drilling Program at Selinsing Gold Mine

New minor risk - Market cap size

Third quarter 2025 earnings released: EPS: US$0.015 (vs US$0.003 in 3Q 2024)

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

Price target increased by 15% to CA$0.68

Second quarter 2025 earnings released: EPS: US$0.027 (vs US$0.002 loss in 2Q 2024)

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

First quarter 2025 earnings released: EPS: US$0.009 (vs US$0 in 1Q 2024)

Monument Mining Limited, Annual General Meeting, Nov 19, 2024

Full year 2024 earnings released: EPS: US$0.02 (vs US$0.019 loss in FY 2023)

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

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

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

Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.003 loss in 3Q 2023)

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

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

Second quarter 2024 earnings released: US$0.002 loss per share (vs US$0.01 loss in 2Q 2023)

Insufficient new directors

Monument Mining Limited Announces Update At the Selinsing Gold Mine in Malaysia

First quarter 2024 earnings released: EPS: US$0 (vs US$0.001 loss in 1Q 2023)

New major risk - Financial position

Monument Mining Limited Achieves Commercial Production At Selinsing Gold Mine

Monument Mining Limited, Annual General Meeting, Nov 22, 2023

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

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

Third quarter 2023 earnings released: US$0.003 loss per share (vs US$0.009 loss in 3Q 2022)

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

Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.008 loss in 2Q 2022)

First quarter 2023 earnings released: US$0.001 loss per share (vs US$0.004 loss in 1Q 2022)

Monument Mining Limited, Annual General Meeting, Nov 22, 2022

Full year 2022 earnings released: US$0.02 loss per share (vs US$0.31 loss in FY 2021)

Monument Completes Phase 2 Drilling Program

Third quarter 2022 earnings released: US$0.009 loss per share (vs US$0.30 loss in 3Q 2021)

Monument Mining Limited Announces Results from the Reverse Circulation Drilling of the Phase 2 Exploration Program at Burnakura

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Monument Announces Burnakura Phase 1 Assay Results Including High-Grade Gold At Junction Target

Monument Commences Phase 2 Drilling Program At the Murchison Gold Project

Monument Mining Limited Announces Drill Results at Peranggih Gold Prospect in Malaysia

Monument Mining Limited Announces Completion of Upscaled Phase 1 Drilling in the Field at the Murchison Gold Project

Monument Mining Limited Announces Selinsing Gold Mine in Malaysia Resumes Production

Monument Mining Limited Commences Exploration at the Murchison Gold Project

Third quarter 2021 earnings released: US$0.30 loss per share (vs US$0.006 profit in 3Q 2020)

Monument Mining Limited Provides Covid-19 Update at Selinsing Gold Mine in Malaysia

Monument Mining Limited Announces Visible Gold at Odyssey/Monument Tuckanarra JV Project Reinforce Exploration Targeting at Murchison Gold Project

Monument Mining Limited Commences Flotation Plant Work At Selinsing

Second quarter 2021 earnings released: US$0.002 loss per share (vs US$0.003 loss in 2Q 2020)

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

Monument Mining Limited Announces the Retirement of Robert Baldock as Chairman of Board of Directors

Fortress Minerals Limited (Catalist:OAJ) entered into a conditional sale and purchase agreement to acquire Monument Mengapur Sdn. Bhd. from Monument Mining Limited (TSXV:MMY) for $30 million.

Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia

Monument Mining Limited Appoints Dato' Sia Hok Kiang as Member of its Board of Directors