Professional
Added to YB: 2026-07-15
Pitch date: 2026-07-14
XAU.TO [neutral]
Goldmoney Inc.
Author Info
Halvio Capital is an investment firm that seeks to compound capital at high rates of return while taking limited risk of capital impairment through separately managed accounts. The firm’s goal is to outperform the broader indices over a long time frame. Sign up for the newsletter.
Company Info
Goldmoney Inc., through its subsidiaries, engages in precious metals and real asset businesses in the British Virgin Islands.
Market Cap
CAD 183.0M
Pitch Price
N/A
Price Target
29.20 (+101%)
Dividend
N/A
EV/EBITDA
3.37
P/E
2.98
EV/Sales
0.85
Sector
Specialty Retail
Category
value
Halvio Capital Portfolio Holding: Goldmoney Inc.
XAU.TO (holding update): Post-2023 pivot: sold metals, exited Schiff Gold into UK real estate. $188M mkt cap ($15, 12.5M shs); EV $130M vs $140M net RE, so free capital-lite storage/trading biz that did $49M EBIT FY26 (AUM $4.5B). Also 36% Mene stake ($13M). RE gains (£27M Clarendon Oxford redev, GDV £300M+ potential). Trades at fraction of Sprott/Brink's 10x+ EV/EBIT; 50-100%+ upside. Retired 17% shares in 5yrs.
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