Added to YB: 2024-06-26
Pitch date: 2024-06-18
XAU.TO [bullish]
Goldmoney Inc.
+148.64%
current return
Author Info
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Company Info
Goldmoney Inc., through its subsidiaries, engages in the precious metals and real asset businesses worldwide.
Market Cap
CAD 220.2M
Pitch Price
CAD 6.62
Price Target
25.90 (+57%)
Dividend
N/A
EV/EBITDA
5.78
P/E
5.39
EV/Sales
1.39
Sector
Specialty Retail
Category
value
Gold is money, everything else is credit
XAU.TO: Gold custodian/dealer w/ $2.1B AUM. Q3 op income +53% YoY, adj net profit +73%. Sold Schiff Gold. $87M rev, $15M op profit FY23. 36% stake in Mene jewelry. UK real estate w/ $11M annual net rent. Insiders own 40%. 14% equity/share growth. PT $25.9 (+301%) in 3yrs. Fair P/E 16.2. Unknown, unpopular, undervalued.
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