Tuesday , 3 October 2023

3 Canadian Junior Gold Mining Stocks Trading Below the Industry Median CAPE Ratio

The CAPE (cash adjusted PE) ratio shows what investors are really paying for a company’sgold panning earnings. It is calculated as price – net cash per share/earnings per share. Today we have identified 3 Canadian junior gold mining stocks trading below the industry median CAPE ratio of 28x.

(All figures in Canadian dollars)




1. Alio Gold Inc. (TSX: ALO)

Alio Gold Inc. is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Sonora, Veracruz and the Guerrero Gold Belt in Mexico.

  • Market Cap: $224,668,029
  • Net Cash Per Share: $1.04
  • CAPE (LTM): 4.4x




2. Teranga Gold Corp. (TSX: TGZ)

Teranga Gold Corp. is a Canada-based mining company focused on the exploration and development of Sabodala gold mine, which is located approximately 650 kilometers southeast of Dakar, the capital of Senegal.

  • Market Cap: $309,150,438
  • Net Cash Per Share: $1.19
  • CAPE (LTM): 4.9x




3. Argonaut Gold Inc. (TSX: AR)

Argonaut Gold Inc. is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America. In Mexico it owns the producing El Castillo mine 100 kilometers north of the city of Durango; the construction-stage San Agustin property 10 kilometers from the El Castillo Mine; the producing La Colorada mine 40 kilometers southeast of Hermosillo; the exploration-stage San Antonio property 40 kilometers southeast of La Paz in the State of Baja California Sur, Mexico. In Canada it owns the exploration-stage Magino property 40 kilometers northeast of Wawa, Ontario, Canada, and several other exploration-stage projects, which are located in North America.

  • Market Cap: $434,795,155
  • Net Cash Per Share: $0.32
  • CAPE (LTM): 14.6x

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

The comments above are edited ([ ]) and abridged (…) excerpts from an article by SmallCapPower.com

Scroll to very bottom of page & add your comments on this article. We want to share what you have to say!

Thanks for reading! If you want more articles like the one above visit our Facebook page (here) and “Like” any article so you can get future articles automatically delivered to your feed. You can also “Follow the munKNEE” on Twitter or register to receive our FREE tri-weekly newsletter (see sample here , sign up in top right hand corner).

Remember: munKNEE should be in everybody’s inbox and MONEY in everybody’s wallet!