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Galane Gold Ltd
XTSX:GG

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Galane Gold Ltd
XTSX:GG
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Price: 2.51 CAD 2.45% Market Closed
Market Cap: CA$179.2m

P/B

3.5
Current
626%
More Expensive
vs 3-y average of 0.5

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
3.5
=
Market Cap
CA$258.6m
/
Total Equity
$37.3m

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
3.5
=
Market Cap
CA$258.6m
/
Total Equity
$37.3m

Valuation Scenarios

Galane Gold Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (0.5), the stock would be worth CA$0.35 (86% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-86%
Maximum Upside
+19%
Average Downside
43%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.5 CA$2.51
0%
3-Year Average 0.5 CA$0.35
-86%
5-Year Average 0.6 CA$0.44
-82%
Industry Average 4.2 CA$3
+19%
Country Average 2.7 CA$1.89
-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 Cap P/B P/E
CA
Galane Gold Ltd
XTSX:GG
180.3m CAD 3.5 18
RU
Polyus PJSC
LSE:PLZL
70.4T USD 13 054 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
677.1B ZAR 4.9 11.6
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
172.5B ZAR 3.3 10.6
CN
Zijin Mining Group Co Ltd
SSE:601899
892.4B CNY 4.8 14.5
US
Newmont Corporation
NYSE:NEM
126.4B USD 3.7 17.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.7B CAD 4 22.1
CA
Barrick Gold Corp
TSX:ABX
94.1B CAD 2.6 13.6
CA
Barrick Mining Corp
F:ABR0
57.7B EUR 2.6 13.6
CA
Wheaton Precious Metals Corp
TSX:WPM
86.5B CAD 7 41.6
HK
Zijin Gold International Co Ltd
HKEX:2259
422.9B HKD 6.5 33.8

Market Distribution

In line with most companies in Canada
Percentile
60th
Based on 3 061 companies
60th percentile
3.5
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

Galane Gold Ltd
Glance View

Market Cap
179.2m CAD
Industry
Metals & Mining

Galane Gold Ltd. engages in the exploration and development of gold mining properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2008-07-10. The firm operates through exploration, development, and operation of gold mining properties segments. The Mupane gold mine is located in Northeastern Botswana approximately 30-kilometer (km) South East of Francistown. The Galaxy gold mine is located approximately 8 km west of the town of Barberton and approximately 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The Galaxy Gold Mine covers approximately 58.6 square kilometer, which is a part of Barberton Greenstone Belt.

GG Intrinsic Value
1.4 CAD
Overvaluation 44%
Intrinsic Value
Price CA$2.51
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