New Target Mining Corp.

TSXV:NEW.H Stock Report

Market Cap: CA$719.2k

New Target Mining Valuation

Is NEW.H undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NEW.H when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate NEW.H's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NEW.H's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NEW.H?

Key metric: As NEW.H is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for NEW.H. This is calculated by dividing NEW.H's market cap by their current book value.
What is NEW.H's PB Ratio?
PB Ratio-3.9x
Book-CA$183.04k
Market CapCA$719.18k

Price to Book Ratio vs Peers

How does NEW.H's PB Ratio compare to its peers?

The above table shows the PB ratio for NEW.H vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.8x
GIG XAU Resources
5.8xn/aCA$693.6k
GOE Goldeneye Resources
1.5xn/aCA$747.4k
AUEX Advanced Gold Exploration
2.2xn/aCA$785.0k
CLV Canoe Mining Ventures
5.6xn/aCA$844.9k
NEW.H New Target Mining
n/an/aCA$719.2k

Price-To-Book vs Peers: NEW.H has negative equity and a Price-To-Book Ratio (-3.9x) compared to the peer average (4.5x).


Price to Book Ratio vs Industry

How does NEW.H's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

80 CompaniesPrice / BookEstimated GrowthMarket Cap
WM Wallbridge Mining
0.2xn/aUS$50.91m
S Sherritt International
0.1xn/aUS$48.23m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$25.29m
NEW.H is unprofitableIndustry Avg. 1.4xNo. of Companies168PB01.22.43.64.86+
80 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: NEW.H has negative equity and a Price-To-Book Ratio (-3.9x) compared to the Canadian Metals and Mining industry average (1.4x).


Price to Book Ratio vs Fair Ratio

What is NEW.H'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.

NEW.H PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio-3.9x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NEW.H's Price-To-Book Fair Ratio 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: Insufficient data to show price forecast.


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