Monument Mining (MMY) Stock Price, News & Analysis

Company Overview

Monument Mining Limited operates as a gold producer, engages in the acquisition, exploration, and development of gold, precious metals, and other base metal properties in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia. The company is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.90 to C$0.98
• 50-Day Range: C$0.42 to C$0.96
• 52-Week Range: C$0.25 to C$1.10
• Volume: 1.14 million shs
• Average Volume: 359,770 shs
• Market Capitalization: C$330.98 million
• P/E Ratio: 13.84
• Dividend Yield: 24.39%
• Price Target: C$0.68
• Consensus Rating: Buy

Monument Mining Stock Analysis - MarketRank™

Monument Mining scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Monument Mining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Downside Risk

Monument Mining has a consensus price target of C$0.68, representing about 29.2% downside from its current price of C$0.96.

Amount of Analyst Coverage

Monument Mining has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Monument Mining is 13.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 230.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Monument Mining is 13.84, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 156.51.

Price to Book Value per Share Ratio

Monument Mining has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MMY.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Monument Mining is a leading dividend payer. It pays a dividend yield of 24.39%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Monument Mining does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for MMY.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

Monument Mining has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Monument Mining this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Monument Mining to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Monument Mining insiders have not sold or bought any company stock.

Percentage Held by Insiders

18.37% of the stock of Monument Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.20% of the stock of Monument Mining is held by institutions.

MMY Stock Analysis - Frequently Asked Questions

How have MMY shares performed this year?

Monument Mining's stock was trading at C$0.29 at the start of the year. Since then, MMY shares have increased by 236.8% and is now trading at C$0.96.

How do I buy shares of Monument Mining?

Shares of MMY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Monument Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Monument Mining investors own include Birchcliff Energy (BIR), Danimer Scientific (DNMR), Clearside Biomedical (CLSD), CAE (CAE), Brainchip (BRCHF) and Applied Digital (APLD).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Business Services
• Current Symbol: CVE:MMY
• CIK: N/A
• Web: www.monumentmining.com
• Phone: +1-604-6381661
• Fax: N/A
• Employees: 39,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Monument Mining: C$0.68
• High Price Target: C$0.68
• Low Price Target: C$0.68
• Potential Upside/Downside: -29.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.07
• Trailing P/E Ratio: 13.84
• Forward P/E Ratio: 96.00
• P/E Growth: N/A
• Net Income: C$6.70 million
• Net Margins: 14.91%
• Pretax Margin: N/A
• Return on Equity: 8.04%
• Return on Assets: 6.37%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 2.70
• Quick Ratio: 2.36

Sales & Book Value

• Annual Sales: C$77.62 million
• Price / Sales: 4.07
• Cash Flow: C$0.67 per share
• Price / Cash Flow: 1.43
• Book Value: C$0.38 per share
• Price / Book: 2.54

Miscellaneous

• Outstanding Shares: 328,798,000
• Free Float: N/A
• Market Cap: C$315.65 million
• Optionable: Not Optionable
• Beta: 1.58