QcX Gold Valuation

Is QCXG.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 QCXG.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 QCXG.F's fair value for valuation analysis.

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


Key Valuation Metric

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

Key metric: As QCXG.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 QCXG.F. This is calculated by dividing QCXG.F's market cap by their current book value.
What is QCXG.F's PB Ratio?
PB Ratio0.4x
BookCA$4.05m
Market CapCA$1.52m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for QCXG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average9.5x
HZMM.F Horizonte Minerals
0.003xn/aUS$1.1m
ENRT Enertopia
36.7xn/aUS$1.1m
CFTN Clifton Mining
0.6xn/aUS$2.9m
SVBL Silver Bull Resources
0.8xn/aUS$4.5m
QCXG.F QcX Gold
0.4xn/aUS$1.5m

Price-To-Book vs Peers: QCXG.F is good value based on its Price-To-Book Ratio (0.4x) compared to the peer average (10.5x).


Price to Book Ratio vs Industry

How does QCXG.F'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$14.07m
BMXI Brookmount Explorations
0.1xn/aUS$6.54m
QCXG.F 0.4xIndustry Avg. 1.7xNo. of Companies14PB012345+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: QCXG.F is good value based on its Price-To-Book Ratio (0.4x) compared to the US Metals and Mining industry average (1.8x).


Price to Book Ratio vs Fair Ratio

What is QCXG.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.

QCXG.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate QCXG.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?

Analyst Forecast: Insufficient data to show price forecast.


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