Moneta Porcupine Mines Inc trades with the ticker ME on the TSX and is in the Gold industry.
Overview
Moneta Gold Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for gold deposits. The company’s flagship project is the Tower gold project, which is located in the Timmins region of Northeastern Ontario. The company was formerly known as Moneta Porcupine Mines Inc. and changed its name to Moneta Gold Inc. in August 2021. Moneta Gold Inc. was incorporated in 1910 and is headquartered in Timmins, Canada.
Looking to invest in Moneta Porcupine Mines Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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ME.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $50.902MM
PE Ratio:
Price: 0.54 (Updated: 3/12/2024 0:47:16)
Moneta Porcupine Mines Inc (ME) vs Competitors in Gold
Lets see how ME.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Barrick Gold Corporation (ABX) | $37,376.086 | 21.948 | 7.456 | 2.6% |
| Agnico Eagle Mines Limited (AEM) | $37,307.372 | 14.049 | 9.752 | 2.9% |
| Alamos Gold Inc (AGI) | $7,157.749 | 25.408 | 14.058 | 0.8% |
| Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
| Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Gold
- Moneta Porcupine Mines Inc (ME) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (0.97 vs -0.34). ABX provides dividends, while ME does not. ME has a P/E under 0, indicating ABX (P/E 21.948) is in a better position.
- Moneta Porcupine Mines Inc (ME) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs -0.34). AEM provides dividends, while ME does not. ME has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.
- Moneta Porcupine Mines Inc (ME) vs Alamos Gold Inc (AGI)
- AGI has higher EPS (0.71 vs -0.34). AGI provides dividends, while ME does not. ME has a P/E under 0, indicating AGI (P/E 25.408) is in a better position.
- Moneta Porcupine Mines Inc (ME) vs Galiano Gold Inc (AKG)
- AKG has higher EPS (-0.003 vs -0.34). AKG provides dividends, while ME does not. AKG and ME both have P/E’s under 0.
- Moneta Porcupine Mines Inc (ME) vs Alio Gold Inc (ALO)
- ALO has higher EPS (-0.274 vs -0.34). ALO provides dividends, while ME does not. ALO and ME both have P/E’s under 0.
Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-3.41) than the industry average (-2.10), indicating attractive valuation.
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