XTG : Xtra-Gold Resources Corp Stock Profile

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

Xtra-Gold Resources Corp trades with the ticker XTG on the TSX and is in the Gold industry.

Overview
Xtra-Gold Resources Corp. engages in the exploration and development of gold properties in West Africa. Its flagship property is the Kibi Gold project located in the Republic of Ghana, West Africa. The company was formerly known as RetinaPharma International, Inc. and changed its name to Xtra-Gold Resources Corp. in December 2003. Xtra-Gold Resources Corp. was incorporated in 1998 and is based in Nassau, Bahamas. Xtra-Gold Resources Corp. is a subsidiary of Xtra-Gold Mining Limited.
 

Looking to invest in Xtra-Gold Resources Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

XTG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $50.448MM

PE Ratio: 27.25

Price: 1.11 (Updated: 3/12/2024 0:47:16)



Xtra-Gold Resources Corp (XTG) vs Competitors in Gold

Lets see how XTG.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

  • Xtra-Gold Resources Corp (XTG) vs Barrick Gold Corporation (ABX)
    • ABX has higher EPS (0.97 vs 0.04). ABX provides dividends, while XTG does not. XTG has a higher P/E ratio (27.25 vs 21.948) indicating it’s more expensive.
  • Xtra-Gold Resources Corp (XTG) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 0.04). AEM provides dividends, while XTG does not. XTG has a higher P/E ratio (27.25 vs 14.049) indicating it’s more expensive.
  • Xtra-Gold Resources Corp (XTG) vs Alamos Gold Inc (AGI)
    • AGI has higher EPS (0.71 vs 0.04). AGI provides dividends, while XTG does not. XTG has a higher P/E ratio (27.25 vs 25.408) indicating it’s more expensive.
  • Xtra-Gold Resources Corp (XTG) vs Galiano Gold Inc (AKG)
    • XTG has higher EPS (0.04 vs -0.003). AKG provides dividends, while XTG does not. AKG has a P/E under 0, indicating XTG (P/E 27.25) is in a better position.
  • Xtra-Gold Resources Corp (XTG) vs Alio Gold Inc (ALO)
    • XTG has higher EPS (0.04 vs -0.274). ALO provides dividends, while XTG does not. ALO has a P/E under 0, indicating XTG (P/E 27.25) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (-24.85) than the industry average (-2.10), indicating attractive valuation.
 

How to Buy XTG 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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