Chalice Mining Limited

OTCPK:CGML.F Stock Report

Market Cap: US$351.4m

Chalice Mining Valuation

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

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

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CGML.F?

Key metric: As CGML.F 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 CGML.F. This is calculated by dividing CGML.F's market cap by their current book value.
What is CGML.F's PB Ratio?
PB Ratio3.3x
BookAU$162.79m
Market CapAU$540.75m

Price to Book Ratio vs Peers

How does CGML.F's PB Ratio compare to its peers?

The above table shows the PB ratio for CGML.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average16.8x
EUBG Entrepreneur Universe Bright Group
42.9xn/aUS$362.2m
LZM Lifezone Metals
15.8x101.0%US$544.3m
CMP Compass Minerals International
1.8x60.7%US$612.2m
REEM.F Rare Element Resources
6.7xn/aUS$188.4m
CGML.F Chalice Mining
3.3x8.5%US$540.7m

Price-To-Book vs Peers: CGML.F is good value based on its Price-To-Book Ratio (3.3x) compared to the peer average (16.8x).

Price to Book Ratio vs Industry

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

8 CompaniesPrice / BookEstimated GrowthMarket Cap
NEVD.Q Nevada Copper
0.1xn/aUS$26.02m
VITF.F Victoria Gold
0.06xn/aUS$23.43m
BMXI Brookmount Explorations
0.1xn/aUS$6.20m
LITM Snow Lake Resources
0.2xn/aUS$3.58m
CGML.F 3.3xIndustry Avg. 1.8xNo. of Companies14PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: CGML.F is expensive based on its Price-To-Book Ratio (3.3x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is CGML.F'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.

CGML.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CGML.F'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 CGML.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.90
US$1.58
+75.7%
62.5%US$3.45US$0.54n/a5
Nov ’25US$1.26
US$1.58
+25.3%
62.5%US$3.45US$0.54n/a5
Oct ’25US$1.10
US$1.62
+47.6%
63.4%US$3.56US$0.55n/a5
Sep ’25n/a
US$1.60
0%
63.4%US$3.50US$0.54n/a5
Aug ’25US$0.70
US$1.58
+126.4%
63.4%US$3.47US$0.54n/a5
Jul ’25US$1.02
US$1.55
+51.8%
61.3%US$3.31US$0.53n/a5
Jun ’25US$1.16
US$1.60
+37.7%
65.9%US$3.58US$0.53n/a5
May ’25US$0.75
US$1.55
+105.9%
66.5%US$3.51US$0.52n/a5
Apr ’25US$0.66
US$1.52
+130.1%
63.3%US$3.50US$0.58n/a7
Mar ’25US$0.76
US$1.52
+99.2%
63.3%US$3.50US$0.58n/a7
Feb ’25US$0.71
US$1.73
+145.0%
52.7%US$3.55US$0.59n/a7
Jan ’25US$1.08
US$1.94
+79.5%
40.4%US$3.57US$0.99n/a7
Dec ’24US$0.94
US$1.89
+101.6%
39.7%US$3.44US$0.96n/a7
Nov ’24US$1.25
US$2.13
+70.7%
49.0%US$4.49US$0.95US$1.267
Oct ’24US$1.46
US$2.17
+48.3%
48.5%US$4.54US$0.96US$1.107
Sep ’24US$2.20
US$4.23
+92.4%
25.0%US$5.93US$2.22n/a7
Aug ’24US$3.99
US$5.07
+27.1%
20.7%US$6.70US$4.02US$0.706
Jul ’24US$4.15
US$5.32
+28.2%
26.4%US$8.01US$4.01US$1.026
Jun ’24US$4.65
US$5.53
+18.9%
26.5%US$7.95US$3.98US$1.165
May ’24US$5.14
US$5.53
+7.6%
26.5%US$7.95US$3.98US$0.755
Apr ’24US$4.91
US$5.03
+2.4%
27.6%US$7.40US$3.33US$0.665
Mar ’24US$4.20
US$5.64
+34.3%
27.3%US$7.90US$3.56US$0.764
Feb ’24US$4.54
US$5.64
+24.2%
27.3%US$7.90US$3.56US$0.714
Jan ’24US$4.20
US$5.62
+33.8%
21.0%US$7.60US$4.52US$1.084
Dec ’23US$3.80
US$5.12
+34.7%
22.8%US$7.10US$4.16US$0.944
Nov ’23US$2.72
US$5.12
+88.5%
22.8%US$7.10US$4.16US$1.254

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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