Faircourt Gld Incm A (TSE:FGX)
NEO-L:FGX
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FGX Stock Chart & Stats
C$2.48
-C$0.46(-15.33%)
At close: 4:00 PM EST
C$2.48
-C$0.46(-15.33%)
Day’s Range― - ―
52-Week RangeC$2.51 - C$2.60
Previous CloseN/A
Volume19.70K
Average Volume (3M)2.50K
Market Cap
C$6.33M
Enterprise ValueC$17.92M
Total Cash (Recent Filing)C$17.99M
Total Debt (Recent Filing)C$1.44M
Price to Earnings (P/E)1.8
BetaN/A
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield4.89%
Share Statistics
EPS (TTM)3.65
Shares Outstanding2,549,311
10 Day Avg. Volume2,500
30 Day Avg. Volume2,500
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.99
Price to Sales (P/S)5.38
P/FCF Ratio229.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetModest debt-to-equity (~0.16–0.19) and meaningful asset and equity growth to 2025 (assets ~18.0M; equity ~16.3M) give the fund financial flexibility. This reduces solvency risk and supports ability to fund distributions or withstand drawdowns over the next several months.
2025 Earnings ReboundA sharp revenue and net income recovery in 2025 improves the fund’s capacity to generate distributable returns and rebuild retained equity. If sustained, this earnings improvement can support higher option-writing capacity and portfolio reweighting over a 2–6 month horizon.
Income-generating StrategyThe dual income model—dividends/capital gains plus option-premium income from covered-writing—creates recurring cash inflows. Structurally, option premiums can provide steady distributable income regardless of small market moves, supporting yield-focused objectives across months.
Bears Say
Poor Cash ConversionA ~93% drop in free cash flow to ~0.07M while reporting strong net income indicates earnings are not translating into cash. This undermines the sustainability of distributions and limits internal funding for portfolio activity or option collateral over the medium term.
Volatile Profitability HistoryMulti-year swings in revenue and periodic losses (notably 2021–2024) show the fund’s earnings are cyclical or event-driven. That volatility makes future distributable income and NAV stability less predictable and raises the risk of distribution cuts or capital adjustments within months.
Concentration In Gold SectorHeavy exposure to gold equities and reliance on option-premia ties returns tightly to gold price cycles and volatility. Structural dependence on a single commodity sector increases sensitivity to prolonged metal-price moves and premium availability, pressuring income and NAV durability.
Faircourt Gold Income A News
FGX FAQ
What was Faircourt Gld Incm A’s price range in the past 12 months?
Faircourt Gld Incm A lowest stock price was C$2.51 and its highest was C$2.60 in the past 12 months.
What is Faircourt Gld Incm A’s market cap?
Faircourt Gld Incm A’s market cap is C$6.33M.
When is Faircourt Gld Incm A’s upcoming earnings report date?
Faircourt Gld Incm A’s upcoming earnings report date is Sep 02, 2026 which is in 80 days.
How were Faircourt Gld Incm A’s earnings last quarter?
Faircourt Gld Incm A released its earnings results on Mar 26, 2026. The company reported C$3.007 earnings per share for the quarter, beating the consensus estimate of N/A by C$3.007.
Is Faircourt Gld Incm A overvalued?
According to Wall Street analysts Faircourt Gld Incm A’s price is currently Overvalued.
Does Faircourt Gld Incm A pay dividends?
Faircourt Gld Incm A pays a Monthly dividend of C$0.034 which represents an annual dividend yield of 4.89%. See more information on Faircourt Gld Incm A dividends here
What is Faircourt Gld Incm A’s EPS estimate?
Faircourt Gld Incm A’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Faircourt Gld Incm A have?
Faircourt Gld Incm A has 2,549,311 shares outstanding.
What happened to Faircourt Gld Incm A’s price movement after its last earnings report?
Faircourt Gld Incm A reported an EPS of C$3.007 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Faircourt Gld Incm A?
Currently, no hedge funds are holding shares in TSE:FGX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Faircourt Gld Incm A
Faircourt Gold Income Corp., a closed-end equity fund managed by Faircourt Asset Management Inc., primarily invests in publicly traded Canadian companies. The fund specifically targets businesses within the precious metals sector, with a strong focus on gold mining and exploration enterprises. Its portfolio predominantly comprises shares of established and intermediate gold producers that are components of the S&P/TSX Global Gold Index, which also serves as the benchmark for its performance. This Canadian-domiciled corporation was founded on November 16, 2007.
Technical Analysis
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