Snowline Gold Corp.

TSXV:SGD Stock Report

Market Cap: CA$825.9m

Snowline Gold Valuation

Is SGD 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 SGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SGD?

Key metric: As SGD 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 SGD. This is calculated by dividing SGD's market cap by their current book value.
What is SGD's PB Ratio?
PB Ratio12x
BookCA$68.55m
Market CapCA$825.87m

Price to Book Ratio vs Peers

How does SGD's PB Ratio compare to its peers?

The above table shows the PB ratio for SGD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.3x
MAU Montage Gold
3.5x107.1%CA$817.6m
RUP Rupert Resources
4.6xn/aCA$882.2m
PPTA Perpetua Resources
9x-27.0%CA$967.6m
AMRQ Amaroq Minerals
4.1x81.6%CA$504.6m
SGD Snowline Gold
12x-19.3%CA$825.9m

Price-To-Book vs Peers: SGD is expensive based on its Price-To-Book Ratio (12x) compared to the peer average (5.3x).

Price to Book Ratio vs Industry

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

89 CompaniesPrice / BookEstimated GrowthMarket Cap
S Sherritt International
0.1xn/aUS$48.32m
WM Wallbridge Mining
0.2xn/aUS$46.71m
NCU Nevada Copper
0.1xn/aUS$31.56m
ELR Eastern Platinum
0.3xn/aUS$25.33m
SGD 12.0xIndustry Avg. 1.4xNo. of Companies159PB01.22.43.64.86+
89 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: SGD is expensive based on its Price-To-Book Ratio (12x) compared to the Canadian Metals and Mining industry average (1.4x).

Price to Book Ratio vs Fair Ratio

What is SGD'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.

SGD PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio12x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SGD'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?

The above table shows the analyst SGD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCA$5.21
CA$11.91
+128.5%
27.7%CA$19.50CA$9.00n/a8
Nov ’25CA$5.70
CA$11.91
+108.9%
27.7%CA$19.50CA$9.00n/a8
Oct ’25CA$5.66
CA$11.38
+101.0%
23.9%CA$17.25CA$9.00n/a8
Sep ’25CA$5.15
CA$10.97
+113.0%
23.4%CA$17.25CA$9.00n/a8
Aug ’25CA$4.38
CA$10.97
+150.4%
23.4%CA$17.25CA$9.00n/a8
Jul ’25CA$5.30
CA$10.56
+99.2%
20.9%CA$16.50CA$9.00n/a9
Jun ’25CA$5.93
CA$10.50
+77.1%
24.0%CA$16.50CA$8.00n/a8
May ’25CA$5.65
CA$10.67
+88.8%
27.0%CA$16.50CA$8.00n/a6
Apr ’25CA$5.90
CA$10.17
+72.3%
24.2%CA$15.50CA$8.00n/a6
Mar ’25CA$5.45
CA$10.17
+86.5%
24.2%CA$15.50CA$8.00n/a6
Feb ’25CA$6.04
CA$10.08
+66.9%
24.9%CA$15.50CA$8.00n/a6
Jan ’25CA$4.95
CA$9.80
+98.0%
25.3%CA$14.50CA$7.50n/a5
Dec ’24CA$4.77
CA$10.38
+117.5%
23.7%CA$14.50CA$8.00n/a4
Nov ’24CA$4.25
CA$10.67
+151.0%
26.1%CA$14.50CA$8.00CA$5.703
Oct ’24CA$5.08
CA$10.67
+110.0%
26.1%CA$14.50CA$8.00CA$5.663
Sep ’24CA$4.97
CA$7.25
+45.9%
10.3%CA$8.00CA$6.50CA$5.152
Aug ’24CA$4.79
CA$6.25
+30.5%
4.0%CA$6.50CA$6.00CA$4.382
Jul ’24CA$3.71
CA$6.25
+68.5%
4.0%CA$6.50CA$6.00CA$5.302
Jun ’24CA$3.15
CA$5.80
+84.1%
12.1%CA$6.50CA$5.10CA$5.932
May ’24CA$2.85
CA$5.80
+103.5%
12.1%CA$6.50CA$5.10CA$5.652

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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