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Added to YB: 2025-06-16

Pitch date: 2025-06-12

ONYX.V [bullish]

Onyx Gold Corp.

+39.45%

current return

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

Onyx Gold Corp. engages in gold exploration business in Canada. Onyx Gold Corp. was incorporated in 2023 and is based in Vancouver, Canada.

Market Cap

CAD 129.3M

Pitch Price

CAD 1.09

Price Target

1.45 (-4%)

Dividend

N/A

EV/EBITDA

-46.28

P/E

-62.58

EV/Sales

N/A

Sector

Metals and Mining

Category

growth

Show full summary:
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.

Read full article (4 min)