Greatland Gold plc

OTCPK:GRLG.F Stock Report

Market Cap: US$922.8m

Greatland Gold Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: GRLG.F ($0.1) is trading below our estimate of fair value ($0.37)

Significantly Below Fair Value: GRLG.F is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As GRLG.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 GRLG.F. This is calculated by dividing GRLG.F's market cap by their current book value.
What is GRLG.F's PB Ratio?
PB Ratio17.8x
BookUK£40.96m
Market CapUK£728.71m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for GRLG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.6x
DRD DRDGOLD
2.2xn/aUS$820.1m
MUX McEwen Mining
0.9x-106.9%US$435.1m
CDE Coeur Mining
2.4x83.0%US$2.6b
BVN Compañía de Minas BuenaventuraA
0.9x-1.6%US$3.1b
GRLG.F Greatland Gold
17.8x39.3%US$728.7m

Price-To-Book vs Peers: GRLG.F is expensive based on its Price-To-Book Ratio (17.8x) compared to the peer average (1.6x).

Price to Book Ratio vs Industry

How does GRLG.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$6.03m
LITM Snow Lake Resources
0.2xn/aUS$4.01m
GRLG.F 17.8xIndustry Avg. 1.8xNo. of Companies14PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GRLG.F is expensive based on its Price-To-Book Ratio (17.8x) compared to the US Metals and Mining industry average (1.8x).

Price to Book Ratio vs Fair Ratio

What is GRLG.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.

GRLG.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio17.8x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GRLG.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 GRLG.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$0.16
0%
31.8%US$0.20US$0.089n/a3
Nov ’25US$0.086
US$0.16
+87.3%
36.5%US$0.21US$0.078n/a3
Oct ’25US$0.092
US$0.19
+102.1%
14.3%US$0.21US$0.16n/a2
Sep ’25US$0.09
US$0.20
+124.4%
20.4%US$0.25US$0.15n/a3
Aug ’25US$0.09
US$0.20
+124.4%
20.4%US$0.25US$0.15n/a3
Jul ’25n/a
US$0.20
0%
20.4%US$0.25US$0.15n/a3
Jun ’25n/a
US$0.20
0%
22.2%US$0.26US$0.15n/a3
May ’25US$0.072
US$0.19
+170.2%
22.2%US$0.25US$0.15n/a3
Apr ’25n/a
US$0.19
0%
22.2%US$0.25US$0.15n/a3
Mar ’25US$0.079
US$0.19
+146.2%
22.2%US$0.25US$0.15n/a3
Feb ’25US$0.094
US$0.19
+106.9%
22.2%US$0.25US$0.15n/a3
Jan ’25US$0.11
US$0.22
+102.7%
14.9%US$0.25US$0.18n/a3
Dec ’24n/a
US$0.23
0%
12.0%US$0.25US$0.19n/a3
Nov ’24US$0.10
US$0.22
+116.5%
12.0%US$0.24US$0.18US$0.0863
Oct ’24n/a
US$0.23
0%
12.0%US$0.26US$0.19US$0.0923
Sep ’24n/a
US$0.23
0%
12.0%US$0.26US$0.19US$0.093
Aug ’24n/a
US$0.23
0%
12.0%US$0.26US$0.19US$0.093
Jul ’24n/a
US$0.23
0%
12.9%US$0.25US$0.19n/a3
Jun ’24n/a
US$0.23
0%
12.9%US$0.25US$0.19n/a3
May ’24n/a
US$0.23
0%
12.9%US$0.25US$0.19US$0.0723
Apr ’24n/a
US$0.25
0%
18.9%US$0.32US$0.19n/a4
Mar ’24US$0.11
US$0.25
+124.4%
19.4%US$0.32US$0.19US$0.0794
Feb ’24US$0.10
US$0.25
+137.4%
19.4%US$0.32US$0.19US$0.0944
Jan ’24n/a
US$0.23
0%
20.0%US$0.30US$0.17US$0.114
Dec ’23US$0.08
US$0.23
+183.5%
20.0%US$0.30US$0.17n/a4
Nov ’23n/a
US$0.24
0%
21.9%US$0.30US$0.17US$0.104

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.

Discover undervalued companies

Ecora Resources

UK£163.3m

Operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally.

ECRA.F

UK£0.81

7D

-1.1%

1Y

-28.7%

Chemtrade Logistics Income Fund

CA$1.4b

Offers industrial chemicals and services in Canada, the United States, and South America.

CGIF.F

CA$8.16

7D

-0.5%

1Y

25.2%

CMOC Group

HK$156.5b

Engages in the mining, beneficiation, smelting, and refining of base and rare metals.

CMCL.F

HK$0.70

7D

-9.4%

1Y

27.9%