U.S. GoldMining Inc.

NasdaqCM:USGO Stock Report

Market Cap: US$139.4m

U.S. GoldMining Valuation

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

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

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

Key Valuation Metric

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

Key metric: As USGO 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 USGO. This is calculated by dividing USGO's market cap by their current book value.
What is USGO's PB Ratio?
PB Ratio12.2x
BookUS$12.21m
Market CapUS$139.38m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for USGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.1x
IDR Idaho Strategic Resources
4.8x30.3%US$161.9m
USAU U.S. Gold
6.3xn/aUS$86.3m
REEM.F Rare Element Resources
6.4xn/aUS$202.1m
UAMY United States Antimony
3.2xn/aUS$75.9m
USGO U.S. GoldMining
12.2xn/aUS$139.4m

Price-To-Book vs Peers: USGO is expensive based on its Price-To-Book Ratio (12.2x) compared to the peer average (5.1x).

Price to Book Ratio vs Industry

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

9 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
GORO Gold Resource
0.2xn/aUS$14.96m
BMXI Brookmount Explorations
0.2xn/aUS$5.00m
USGO 12.2xIndustry Avg. 1.7xNo. of Companies15PB012345+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: USGO is expensive based on its Price-To-Book Ratio (12.2x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is USGO'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.

USGO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio12.2x
Fair PB Ration/a

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