China Gold International Resources (CGG) AI Stock Analysis

• Market Cap: C$15.54B
• Dividend Yield: 0.24%
• Average Volume (3M): 56.15K
• Price to Earnings (P/E): 27.3
• Beta (1Y): 1.37
• Revenue Growth: 133.76%
• EPS Growth: N/A
• Country: US
• Employees: 2,121
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.49
• Shares Outstanding: 396,413,760
• 10 Day Avg. Volume: 61,930
• 30 Day Avg. Volume: 56,149
• PEG Ratio: -0.09
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 2.71
• P/FCF Ratio: 9.23
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$32.78
• Price Target Upside: 19.22% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: C$41.00 ▲(49.09% Upside)

The score is driven primarily by strong financial performance (improving profitability and strong cash flow with manageable leverage). Technicals support the uptrend but are tempered by overbought readings that raise near-term risk. Valuation is moderate on earnings (P/E 24.38) but supported by a very high dividend yield.

Positive Factors

Free cash flow growth

Sustained FCF growth (36.69%) improves the firm's ability to self-fund capital expenditures, service debt, and pursue projects without external financing. Strong cash conversion increases resilience across commodity cycles and supports long-term strategic flexibility.

Balance sheet strength

A moderate debt-to-equity ratio (0.36) and a healthy ROE (16.16%) point to prudent leverage and efficient use of equity. This durable financial structure supports investment capacity and cushions the company against prolonged commodity downturns.

Strategic asset base and parent backing

Being a China National Gold Group subsidiary with flagship assets (CSH, Jiama) provides operational scale, local expertise and potential access to state-linked resources. These structural advantages underpin steady production and long-term project development.

Negative Factors

Commodity price exposure

Revenue and margins are materially tied to gold and copper prices; prolonged price weakness would compress cash flow and profitability. This structural commodity cyclicality makes capital allocation and long-term planning vulnerable to multi-month market swings.

Geographic concentration risk

Heavy production concentration in Chinese regions, including Tibet, exposes the company to region-specific operational, regulatory and logistical risks. Any sustained local disruption or changes in permitting policy could disproportionately affect output and long-term growth.

Low dividend income

A very low dividend yield (0.25%) limits the company's appeal to income-focused investors. Over the medium term this reduces total shareholder cash returns unless retained earnings are consistently redeployed into higher-return projects.

China Gold International Resources Business Overview & Revenue Model

Company Description

China Gold International Resources Corp. Ltd. is a leading gold and copper mining company based in Canada, primarily engaged in the exploration, mining, and production of mineral resources. As a subsidiary of China National Gold Group, it operates various mining projects in China and abroad, focusing on the extraction and processing of gold and copper. The company aims to leverage its expertise in mining and resource management to ensure sustainable production and contribute to the growth of the mining sector.

How the Company Makes Money

China Gold International Resources generates revenue primarily through the sale of gold and copper produced from its mining operations. The company has established key revenue streams from its flagship mining projects, which include the CSH Gold Mine in Inner Mongolia and the Jiama Copper-Gold Mine in Tibet. The revenue model is driven by the extraction and processing of ore, which is then sold to various customers, including industrial buyers and wholesalers. Additionally, fluctuations in global commodity prices for gold and copper can significantly impact the company's earnings. Strategic partnerships with local and international entities also play a role in enhancing operational efficiency and expanding market reach, contributing to the overall revenue growth.

China Gold International Resources Financial Statement Overview

Summary

Strong overall financial health: improving gross and net margins with positive revenue growth (8.02%), robust EBIT/EBITDA margins, and strong cash generation (free cash flow growth 36.69% with cash conversion above 1). Balance sheet leverage is manageable (debt-to-equity 0.36) with solid ROE (16.16%), though debt should be monitored.

Income Statement

The income statement shows strong performance with a significant improvement in gross profit margin and net profit margin over the TTM period. Revenue growth is positive at 8.02%, indicating a healthy upward trajectory. EBIT and EBITDA margins are robust, reflecting efficient operations and cost management. Overall, the company demonstrates strong profitability and growth potential.

Balance Sheet

The balance sheet is solid with a moderate debt-to-equity ratio of 0.36, indicating manageable leverage. Return on equity is strong at 16.16%, showcasing effective use of shareholder funds. The equity ratio is healthy, suggesting a stable financial structure. However, the company should monitor its debt levels to maintain financial flexibility.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 36.69%, indicating improved cash generation capabilities. The operating cash flow to net income ratio is above 1, suggesting efficient conversion of earnings into cash. The free cash flow to net income ratio is also strong, highlighting the company's ability to generate cash relative to its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.22B	756.65M	459.43M	1.10B	1.14B	864.03M
Gross Profit	590.11M	179.95M	72.71M	387.01M	399.47M	205.70M
EBITDA	761.35M	258.77M	124.19M	508.69M	518.08M	352.22M
Net Income	408.71M	62.73M	-25.50M	222.74M	267.36M	111.96M
Balance Sheet
Total Assets	3.27B	2.94B	2.83B	3.19B	3.26B	3.32B
Cash, Cash Equivalents and Short-Term Investments	912.77M	302.02M	97.24M	428.45M	208.13M	243.29M
Total Debt	585.29M	743.10M	767.95M	835.09M	973.27M	1.23B
Total Liabilities	1.48B	1.15B	1.11B	1.29B	1.42B	1.73B
Stockholders Equity	2.18B	1.76B	1.71B	1.88B	1.82B	1.58B
Cash Flow
Free Cash Flow	629.93M	222.26M	-59.90M	401.70M	263.20M	109.07M
Operating Cash Flow	737.32M	306.90M	1.57M	447.28M	417.27M	260.46M
Investing Cash Flow	-290.94M	-204.88M	-121.30M	-33.34M	-150.71M	-133.21M
Financing Cash Flow	-258.39M	-16.17M	-205.23M	-185.31M	-307.54M	-71.64M

China Gold International Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 27.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CGG, the sentiment is Positive. The current price of 27.5 is below the 20-day moving average (MA) of 31.44, below the 50-day MA of 28.92, and above the 200-day MA of 18.97, indicating a bullish trend. The MACD of 2.47 indicates Negative momentum. The RSI at 83.51 is Negative, neither overbought nor oversold. The STOCH value of 95.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:CGG.

China Gold International Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TFPM	78 Outperform	C$10.90B	37.43	11.27%	0.66%	43.27%	―
CGG	77 Outperform	C$15.54B	27.26	21.28%	0.24%	133.76%	―
GMIN	72 Outperform	C$11.33B	38.24	17.77%	―	1069.24%	4643.80%
ARIS	71 Outperform	C$5.62B	77.55	5.13%	―	62.92%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SLS	54 Neutral	C$2.23B	-26.91	―	―	―	7.47%
EDR	53 Neutral	C$5.69B	-40.91	-20.46%	―	50.37%	-191.85%

China Gold International Resources Corporate Events

China Gold International Clarifies Market Activity Amid Share Price Surge

China Gold International Resources has issued a clarification regarding recent market activity, stating that it is unaware of any undisclosed information that would explain the recent rise in its share price and trading volume. This announcement comes at the request of the Canadian Investment Regulatory Organization, indicating a proactive approach to maintain transparency and investor confidence. The company’s operations and strategic focus remain unchanged, with ongoing efforts to expand production and resource development.

The most recent analyst rating on (TSE:CGG) stock is a Hold with a C$32.00 price target. To see the full list of analyst forecasts on China Gold International Resources stock, see the TSE:CGG Stock Forecast page.

China Gold International Joins Hang Sang China-Affiliated Index

China Gold International Resources has been selected to join the Hang Sang China-Affiliated Corporations Index, a benchmark for ‘Red Chips’ that includes the 25 largest and most liquid Mainland-controlled companies listed in Hong Kong. This inclusion is expected to boost the company’s visibility among institutional investors, attracting passive and index-tracking funds, thereby enhancing market participation and awareness. The company’s leadership views this as a recognition of their competitiveness and a vote of confidence in their future growth prospects, which could lead to a broader investor base.

The most recent analyst rating on (TSE:CGG) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on China Gold International Resources stock, see the TSE:CGG Stock Forecast page.