Added to YB: 2024-06-26
Pitch date: 2024-06-18
XAU.TO [bullish]
Goldmoney Inc.
+108.91%
current return
Author Info
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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
CAD 6.62
Price Target
25.90 (+87%)
Dividend
N/A
EV/EBITDA
3.37
P/E
2.98
EV/Sales
0.85
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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