Westward Gold Valuation

Is IM50 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 IM50 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate IM50's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate IM50's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for IM50?

Key metric: As IM50 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 IM50. This is calculated by dividing IM50's market cap by their current book value.
What is IM50's PB Ratio?
PB Ratio1x
BookCA$9.54m
Market CapCA$9.36m

Price to Book Ratio vs Peers

How does IM50's PB Ratio compare to its peers?

The above table shows the PB ratio for IM50 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average16.4x
02P Pearl Gold
0.9xn/a€10.8m
BIG1 Bio-Gate
2.8xn/a€6.5m
W2C IberAmerican Lithium
27.7xn/a€2.0m
PNX Pasinex Resources
34.3xn/a€1.5m
IM50 Westward Gold
1xn/a€9.4m

Price-To-Book vs Peers: IM50 is good value based on its Price-To-Book Ratio (1x) compared to the peer average (16.4x).


Price to Book Ratio vs Industry

How does IM50's PB Ratio compare vs other companies in the European Metals and Mining Industry?

23 CompaniesPrice / BookEstimated GrowthMarket Cap
IM50 1.0xIndustry Avg. 0.9xNo. of Companies28PB00.61.21.82.43+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: IM50 is expensive based on its Price-To-Book Ratio (1x) compared to the European Metals and Mining industry average (0.9x).


Price to Book Ratio vs Fair Ratio

What is IM50'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.

IM50 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate IM50'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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