Steppe Gold Ltd trades with the ticker STGO on the TSX and is in the Gold industry.
Overview
Steppe Gold Ltd. acquires, explores for, develops, and operates precious metals in Mongolia. Its principal projects are the Altan Tsagaan Ovoo gold and silver project comprising one mining license covering an area of approximately 5,492.63 hectares located in the territory of Tsagaan Ovoo soum, Dornod province of Eastern Mongolia; and the Uudam Khundii gold project comprising one exploration license covering an area of approximately 14,400 hectares located in Ulaanbaatar, Bayankhongor Province. The company was incorporated in 2016 and is headquartered in Ulaanbaatar, Mongolia.
Looking to invest in Steppe Gold Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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STGO.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $76.308MM
PE Ratio: 3.042
Price: 0.79 (Updated: 3/12/2024 0:47:16)
Steppe Gold Ltd (STGO) vs Competitors in Gold
Lets see how STGO.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($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
- Steppe Gold Ltd (STGO) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (0.97 vs 0.24). ABX provides dividends, while STGO does not. ABX has a higher P/E ratio (21.948 vs 3.042) indicating it’s more expensive.
- Steppe Gold Ltd (STGO) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs 0.24). AEM provides dividends, while STGO does not. AEM has a higher P/E ratio (14.049 vs 3.042) indicating it’s more expensive.
- Steppe Gold Ltd (STGO) vs Alamos Gold Inc (AGI)
- AGI has higher EPS (0.71 vs 0.24). AGI provides dividends, while STGO does not. AGI has a higher P/E ratio (25.408 vs 3.042) indicating it’s more expensive.
- Steppe Gold Ltd (STGO) vs Galiano Gold Inc (AKG)
- STGO has higher EPS (0.24 vs -0.003). AKG provides dividends, while STGO does not. AKG has a P/E under 0, indicating STGO (P/E 3.042) is in a better position.
- Steppe Gold Ltd (STGO) vs Alio Gold Inc (ALO)
- STGO has higher EPS (0.24 vs -0.274). ALO provides dividends, while STGO does not. ALO has a P/E under 0, indicating STGO (P/E 3.042) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (3.04) than the industry average (14.17), indicating potential undervaluation.
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