GoGold Resources Inc
TSX:GGD

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GoGold Resources Inc
TSX:GGD
Watchlist
Price: 2.3 CAD 4.55% Market Closed
Market Cap: 761.2m CAD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one GGD stock under the Base Case scenario is 1.8 CAD. Compared to the current market price of 2.3 CAD, GoGold Resources Inc is Overvalued by 22%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

GGD Relative Value
Base Case
1.8 CAD
Overvaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

9.7
P/S
P/S
Price to Sales
9.7
vs History
61
vs Industry
35
Median 3Y
9.6
Median 5Y
10.7
Industry
1.8
Forward
8.5
More Details
162
P/E
P/E
Price to Earnings
162
vs History
19
vs Industry
0
Median 3Y
-69.5
Median 5Y
6.7
Industry
16.6
Forward
57.7
More Details
56
P/OCF
P/OCF
Price to OCF
56
vs History
19
vs Industry
0
Median 3Y
-47.2
Median 5Y
-29.5
Industry
9.8
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-16.7
Median 5Y
-19.4
Industry
16.4
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
41
vs Industry
41
Median 3Y
1.3
Median 5Y
1.7
Industry
1.7
More Details
8.4
EV/S
EV/S
Enterprise Value to Sales
8.4
vs History
52
vs Industry
35
Median 3Y
7.4
Median 5Y
8.3
Industry
2.2
Forward
7.3
More Details
26.5
EV/GP
EV/GP
Enterprise Value to Gross Profit
26.5
vs History
87
vs Industry
13
Median 3Y
34.7
Median 5Y
32.3
Industry
7.6
More Details
35.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
35.6
vs History
53
vs Industry
7
Median 3Y
56.9
Median 5Y
42.5
Industry
10.8
Forward
25.6
More Details
51
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
51
vs History
33
vs Industry
6
Median 3Y
-49.5
Median 5Y
11
Industry
13.8
Forward
44.2
More Details
48.2
EV/OCF
EV/OCF
Enterprise Value to OCF
48.2
vs History
22
vs Industry
0
Median 3Y
-36.2
Median 5Y
-22.8
Industry
11.2
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-13.3
Median 5Y
-17.3
Industry
15
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
46
vs Industry
37
Median 3Y
1.4
Median 5Y
1.9
Industry
1.5
More Details

Multiples Across Competitors

GGD Competitors Multiples
GoGold Resources Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
GoGold Resources Inc
TSX:GGD
761.2m CAD 9.7 162 35.6 51
CA
Pan American Silver Corp
TSX:PAAS
14.9B CAD 3.7 35.1 9.6 19.4
US
Hecla Mining Co
NYSE:HL
4B USD 4 57.1 13 26.8
CA
MAG Silver Corp
TSX:MAG
3.1B CAD 27.8 25 31.3 31.6
CA
Fortuna Silver Mines Inc
TSX:FVI
2.9B CAD 1.9 13.3 3.9 7.2
CA
First Majestic Silver Corp
TSX:FR
2.3B CAD 3 -12.6 19.6 -51.4
CA
Endeavour Silver Corp
TSX:EDR
2B CAD 6.8 -23.6 37.8 170.2
CA
Aya Gold & Silver Inc
TSX:AYA
1.8B CAD 19.7 -110 -54.3 -43
US
Gatos Silver Inc
TSX:GATO
1.5B CAD 0 32.5 -29.3 -29.3
CA
Silvercorp Metals Inc
TSX:SVM
1.4B CAD 3.5 17.8 5.7 7.5
CA
Andean Precious Metals Corp
XTSX:APM
484.1m CAD 1.5 6.4 4.2 5.4
P/E Multiple
Earnings Growth PEG
CA
GoGold Resources Inc
TSX:GGD
Average P/E: 43.7
162
136%
1.2
CA
Pan American Silver Corp
TSX:PAAS
35.1
70%
0.5
US
Hecla Mining Co
NYSE:HL
57.1
75%
0.8
CA
MAG Silver Corp
TSX:MAG
25
-2%
N/A
CA
Fortuna Silver Mines Inc
TSX:FVI
13.3
16%
0.8
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -12.6 N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
Negative Multiple: -23.6 N/A N/A
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -110 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
32.5
55%
0.6
CA
Silvercorp Metals Inc
TSX:SVM
17.8
50%
0.4
CA
A
Andean Precious Metals Corp
XTSX:APM
6.4
29%
0.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
GoGold Resources Inc
TSX:GGD
Average EV/EBITDA: 17.9
35.6
196%
0.2
CA
Pan American Silver Corp
TSX:PAAS
9.6
24%
0.4
US
Hecla Mining Co
NYSE:HL
13
8%
1.6
CA
MAG Silver Corp
TSX:MAG
31.3
4%
7.8
CA
Fortuna Silver Mines Inc
TSX:FVI
3.9
-3%
N/A
CA
First Majestic Silver Corp
TSX:FR
19.6
N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
37.8
84%
0.5
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -54.3 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.3 N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
5.7
38%
0.2
CA
A
Andean Precious Metals Corp
XTSX:APM
4.2
108%
0
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
GoGold Resources Inc
TSX:GGD
Average EV/EBIT: 39.9
51
N/A N/A
CA
Pan American Silver Corp
TSX:PAAS
19.4
41%
0.5
US
Hecla Mining Co
NYSE:HL
26.8
30%
0.9
CA
MAG Silver Corp
TSX:MAG
31.6
N/A N/A
CA
Fortuna Silver Mines Inc
TSX:FVI
7.2
N/A N/A
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -51.4 N/A N/A
CA
Endeavour Silver Corp
TSX:EDR
170.2
106%
1.6
CA
Aya Gold & Silver Inc
TSX:AYA
Negative Multiple: -43 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.3 N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
7.5
55%
0.1
CA
A
Andean Precious Metals Corp
XTSX:APM
5.4
116%
0

See Also

Summary
GGD intrinsic value, competitors valuation, and company profile.
DCF Valuation
GGD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
GGD stock valuation using valuation multiples.
Wall Street Estimates
GGD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
GGD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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