Added to YB: 2026-08-28
Pitch date: 2026-08-26
MAI.TO [bullish]
Mining Americas Inc.
+1.84%
current return
Author Info
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Company Info
Mining Americas Inc. engages in the acquisition, exploration, development, and operation of gold mining properties in North America.
Market Cap
CAD 517.8M
Pitch Price
CAD 6.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.19
P/E
-43.68
EV/Sales
5.03
Sector
Metals and Mining
Category
growth
The Debasement Trade: An Undervalued Junior With Serious Optionality – Part 2 - Mining Americas Inc.
MAI.TO: Mining Americas screens ~30% undervalued at spot gold under a DCF that cuts production to less than 50% of management's implied schedule, raises AISC ~25% and assigns no value to Cerro de Oro. Pan funds development while lower-cost Copperstone could add production from mid-2027; a Cerro de Oro permit could lift upside toward 90%, with gold above US$6,000 and strong execution supporting a 4-bagger. Key risks are declining Pan grades, Copperstone permitting and technical-report delays, and Cerro de Oro's stalled permit.
Read full article (11 min)