Added to YB: 2025-09-25
Pitch date: 2025-09-23
XAU.TO [bullish]
AuEx Ventures Inc
Author Info
Canadian Value Investors is a value investing blog looking for ten baggers and focused primarily on small caps. Sign up for the newsletter.
Company Info
AuEx Ventures, Inc. engages in the acquisition, exploration, and development of precious metal properties.
Market Cap
CAD 283.6M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-26.21
EV/Sales
N/A
Sector
Metals and Mining
Category
value
I love Goooooldmoney TSX:XAU – Turning gold into a pile of real estate on sale
XAU.TO: Gold storage biz + UK real estate portfolio (~$126MM mktcap). Storage earns % fees on precious metals (benefits from gold run-up). Real estate worth ~mktcap alone w/ $14MM NOI, 39% LTV, non-recourse debt. Significant buybacks (10% float). Strategy pivot from ventures to focus on core profitable ops + quality UK properties like Oxford's Clarendon Estate.
Read full article (11 min)