Forsys Metals Corp
OTC:FOSYF

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Forsys Metals Corp
OTC:FOSYF
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Price: 0.28 USD -4.14%
Market Cap: $54.6m

P/B

2.1
Current
52%
Cheaper
vs 3-y average of 4.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.1
=
Market Cap
$96.7m
/
Total Equity
CA$43.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.1
=
Market Cap
$96.7m
/
Total Equity
CA$43.5m

Valuation Scenarios

Forsys Metals Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (4.4), the stock would be worth $0.58 (107% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-23%
Maximum Upside
+141%
Average Upside
62%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.1 $0.28
0%
3-Year Average 4.4 $0.58
+107%
5-Year Average 5.1 $0.67
+141%
Industry Average 1.7 $0.22
-23%
Country Average 2.7 $0.35
+25%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 70% of companies in Canada
Percentile
30th
Based on 3 061 companies
30th percentile
1.6
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Forsys Metals Corp
Glance View

Market Cap
54.6m USD
Industry
Energy

Forsys Metals Corp. is an exploration stage company, which engages in the acquisition, exploration and development of mineral properties located in Namibia, Africa. The company is headquartered in Toronto, Ontario and currently employs 3 full-time employees. The firm is on advancing Norasa Uranium Project (Norasa). Norasa is the consolidation of the Valencia and Namibplaas Uranium Projects located in Namibia, Africa, mining-friendly jurisdiction. Norasa comprises deposits on Mining License, ML149 and at Namibplaas on Exclusive Prospecting License (EPL) 3638. Namibplaas project (EPL 3638) is located approximately 7.5 kilometers northeast of Valencia. Ondundu Gold Project EPL 3195 is the Company's non-uranium project. The Company’s subsidiaries include Namibian Metals Ltd., Dunefield Mining Company (Proprietary) Limited, Namibian Westport Ltd., and Westport Resources Namibia (Proprietary).

FOSYF Intrinsic Value
0.01 USD
Overvaluation 97%
Intrinsic Value
Price $0.28
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