SolGold Plc

OTCPK:SLGG.F Stock Report

Market Cap: US$297.5m

SolGold Valuation

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

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

Key Valuation Metric

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

Key metric: As SLGG.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 SLGG.F. This is calculated by dividing SLGG.F's market cap by their current book value.
What is SLGG.F's PB Ratio?
PB Ratio1.2x
BookUS$247.02m
Market CapUS$297.53m

Price to Book Ratio vs Peers

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

The above table shows the PB ratio for SLGG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average15.1x
MTAL Metals Acquisition
2.2x76.7%US$973.6m
NEVD.Q Nevada Copper
0.1xn/aUS$26.0m
MSB Mesabi Trust
15.3xn/aUS$337.7m
EUBG Entrepreneur Universe Bright Group
42.9xn/aUS$362.2m
SLGG.F SolGold
1.2x48.9%US$234.7m

Price-To-Book vs Peers: SLGG.F is good value based on its Price-To-Book Ratio (1.2x) compared to the peer average (15.1x).

Price to Book Ratio vs Industry

How does SLGG.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
GORO Gold Resource
0.2xn/aUS$14.19m
BMXI Brookmount Explorations
0.1xn/aUS$5.46m
SLGG.F 1.2xIndustry Avg. 1.7xNo. of Companies13PB012345+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: SLGG.F is good value based on its Price-To-Book Ratio (1.2x) compared to the US Metals and Mining industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is SLGG.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.

SLGG.F PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SLGG.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 SLGG.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.10
US$0.62
+498.1%
28.6%US$0.80US$0.44n/a2
Nov ’25US$0.12
US$0.65
+439.5%
28.6%US$0.83US$0.46n/a2
Oct ’25US$0.13
US$0.65
+385.9%
28.6%US$0.83US$0.46n/a2
Sep ’25US$0.13
US$0.63
+374.4%
28.6%US$0.81US$0.45n/a2
Aug ’25US$0.14
US$0.64
+353.9%
28.6%US$0.82US$0.45n/a2
Jul ’25US$0.12
US$0.66
+472.7%
22.3%US$0.81US$0.51n/a2
Jun ’25US$0.13
US$0.66
+416.3%
22.3%US$0.81US$0.51n/a2
May ’25US$0.12
US$0.66
+472.5%
22.3%US$0.81US$0.51n/a2
Apr ’25US$0.14
US$0.66
+370.2%
22.3%US$0.81US$0.51n/a2
Mar ’25US$0.11
US$0.65
+491.1%
22.3%US$0.80US$0.50n/a2
Feb ’25US$0.09
US$0.63
+598.1%
22.3%US$0.77US$0.49n/a2
Jan ’25US$0.11
US$0.63
+454.6%
22.3%US$0.77US$0.49n/a2
Dec ’24US$0.12
US$0.63
+422.5%
22.3%US$0.77US$0.49n/a2
Nov ’24US$0.10
US$0.63
+498.4%
22.3%US$0.77US$0.49US$0.122
Oct ’24US$0.15
US$0.63
+323.4%
22.3%US$0.77US$0.49US$0.132
Sep ’24US$0.19
US$0.62
+225.3%
21.5%US$0.81US$0.51US$0.133
Aug ’24US$0.19
US$0.52
+173.5%
2.4%US$0.54US$0.51US$0.142
Jun ’24US$0.20
US$0.82
+321.6%
25.2%US$1.05US$0.50US$0.134
May ’24US$0.23
US$0.90
+299.3%
11.4%US$1.05US$0.81US$0.124
Apr ’24US$0.23
US$0.90
+282.3%
11.4%US$1.05US$0.81US$0.144
Mar ’24US$0.20
US$0.90
+354.7%
11.4%US$1.05US$0.81US$0.114
Feb ’24US$0.20
US$0.90
+357.6%
11.4%US$1.05US$0.81US$0.094
Jan ’24US$0.19
US$0.82
+342.8%
20.4%US$1.04US$0.54US$0.115
Dec ’23US$0.26
US$0.82
+216.0%
20.1%US$1.03US$0.53US$0.125
Nov ’23US$0.20
US$0.75
+275.6%
20.1%US$0.94US$0.49US$0.105

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

Trinseo

US$117.5m

Operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally.

TSE

US$3.32

7D

-8.3%

1Y

-48.8%

CMOC Group

HK$167.3b

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

CMCL.F

HK$0.76

7D

0%

1Y

37.8%

Chemtrade Logistics Income Fund

CA$1.4b

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

CGIF.F

CA$8.30

7D

5.2%

1Y

31.5%