Added to YB: 2025-06-16
Pitch date: 2025-06-12
ONYX.V [bullish]
Onyx Gold Corp.
+90.83%
current return
Author Info
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Company Info
Onyx Gold Corp. engages in gold exploration activities in Canada. The company holds interest in the Munro-Croesus Gold project, Golden Mile, and Timmins South properties located in Timmins, Ontario; and the Selwyn Basin in the eastern Yukon.
An Onyx day's work for higher profits
ONYX.V: New $260M debt facility provides $94M+ headroom beyond current $166M debt. At $378M valuation (36x EV/EBITDA), $321M is contracted assets (16x EBITDA) and $57M platform value. 110MW capacity generates est. $20M annual EBITDA. Facility could double capacity to $50M+ EBITDA, $25M net profit. Trading at 50% NAV discount with 33% upside potential.
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