Added to YB: 2024-07-18
Pitch date: 2024-07-18
XAU.TO [bullish]
AuEx Ventures Inc
Author Info
Clark Square Capital is a former equity analyst and now a full-time investor managing their own capital. Sign up for their 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
13.40
Dividend
N/A
EV/EBITDA
N/A
P/E
-26.21
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Quick Pitch #16
XAU.TO (new position): Trades $7.71 vs ~$8/sh hard assets (UK Class-A office RE at $6.90, cash/metals $1.17), giving zero credit to profitable Goldmoney.com gold storage biz (~$7-8m net income, levered to gold ATHs). AUM +20% to $2.6B since last report = earnings inflection. CEO owns 30%, buying. PT ~$13.40 (+70%), $14.20 w/ Mene. Risk: microcap, gold cyclicality.
Read full article (6 min)