XAU : Goldmoney Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Goldmoney Inc trades with the ticker XAU on the TSX and is in the Capital Markets industry.

Overview
Goldmoney Inc. engages in the precious metals sales, and coin retailing and lending worldwide. The company operates through two segments: Goldmoney.com and Schiff Gold. It operates through Goldmoney.com, an online platform that provides clients with access to their holding to purchase and sell physical precious metals, and arrange for their custody and storage; and deals in precious metals that offers to its clients the purchase and sale of physical precious metals in the form of bars, coins, and wafers with direct-to-client delivery. The company was formerly known as BitGold Inc. and changed its name to Goldmoney Inc. in July 2015. Goldmoney Inc. was founded in 2001 and is headquartered in Toronto, Canada.
 

Looking to invest in Goldmoney Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

XAU.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $102.323MM

PE Ratio: 14.241

Price: 119.99 (Updated: 3/12/2024 0:47:16)



Goldmoney Inc (XAU) vs Competitors in Capital Markets

Lets see how XAU.TO stacks up against others in the Capital Markets asset management industry. We have identified its main peers as:

Canaccord Genuity Group Inc, Currency Exchange International, Corp, FAX Capital Corp, GMP Capital Inc, Pinetree Capital Ltd

.

Capital Markets Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Canaccord Genuity Group Inc (CF) $823.643 N/A 3.393 4.2%
Currency Exchange International, Corp (CXI) $157.863 11.951 2.957 N/A%
FAX Capital Corp (FXC) $219.835 N/A 14.43 0.0%
GMP Capital Inc (GMP) $284.973 11.353 76.31 7.7%
Pinetree Capital Ltd (PNP) $47.686 8.328 0.0 N/A%

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 Capital Markets

  • Goldmoney Inc (XAU) vs Canaccord Genuity Group Inc (CF)
    • XAU has higher EPS (0.54 vs -0.3). CF provides dividends, while XAU does not. CF has a P/E under 0, indicating XAU (P/E 14.241) is in a better position.
  • Goldmoney Inc (XAU) vs Currency Exchange International, Corp (CXI)
    • CXI has higher EPS (2.05 vs 0.54). XAU has a higher P/E ratio (14.241 vs 11.951) indicating it’s more expensive.
  • Goldmoney Inc (XAU) vs FAX Capital Corp (FXC)
    • XAU has higher EPS (0.54 vs -0.07). FXC provides dividends, while XAU does not. FXC has a P/E under 0, indicating XAU (P/E 14.241) is in a better position.
  • Goldmoney Inc (XAU) vs GMP Capital Inc (GMP)
    • XAU has higher EPS (0.54 vs -0.374). GMP provides dividends, while XAU does not. XAU has a higher P/E ratio (14.241 vs 11.353) indicating it’s more expensive.
  • Goldmoney Inc (XAU) vs Pinetree Capital Ltd (PNP)
    • PNP has higher EPS (0.61 vs 0.54). XAU has a higher P/E ratio (14.241 vs 8.328) indicating it’s more expensive.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (13.96) than the industry average (15.86), indicating attractive valuation.
 

How to Buy XAU stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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