Monument Mining (MMY) AI Stock Analysis

• Market Cap: C$128.08M
• Dividend Yield: N/A
• Average Volume (3M): 392.57K
• Price to Earnings (P/E): 4.9
• Beta (1Y): 0.82
• Revenue Growth: 210.78%
• EPS Growth: N/A
• Country: CA
• Employees: 254
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Mining
• EPS (TTM): 0.08
• Shares Outstanding: 328,421,570
• 10 Day Avg. Volume: 374,417
• 30 Day Avg. Volume: 392,574
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 1.17
• Price to Cash Flow (P/CF): 2.50
• P/FCF Ratio: 4.10
• 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$0.59
• Price Target Upside: 55.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Monument Mining's stock is well-positioned due to its strong financial performance and strategic corporate developments. The company's robust revenue and profit growth, coupled with its low valuation, present an attractive investment opportunity. Technical indicators support a generally positive trend, though short-term momentum is mixed. Overall, the company's strategic initiatives and financial stability make it a strong contender in the mining industry.

Monument Mining Business Overview & Revenue Model

Company Description

Monument Mining (MMY) is a Canadian gold mining production and exploration company. It primarily operates in the mining sector, focusing on the acquisition, exploration, and development of precious metals properties. The company's core operations are centered around its gold mining projects in Malaysia and Western Australia, where it engages in both mining and exploration activities to expand its resource base and optimize production.

How the Company Makes Money

Monument Mining makes money primarily through the extraction and sale of gold from its mining operations. The company's revenue model is driven by the production and sale of gold, which is extracted from its mines and sold on the global commodities market. Additionally, the company may earn revenue from the sale of by-products such as silver. Key factors contributing to its earnings include the global price of gold, production efficiency, and the successful expansion of its resource base through exploration and acquisition. Monument Mining also seeks to enhance its profitability through strategic partnerships, operational cost management, and the continuous development of its mining assets.

Monument Mining Financial Statement Overview

Summary

Monument Mining demonstrates a strong turnaround with significant growth in revenue, profitability, and cash flow. The company's effective cost management and operational efficiency are evident in its high gross and net profit margins. Additionally, its low leverage and high equity ratio provide a stable financial foundation, although consistent profitability and cash flow management remain critical.

Income Statement

Monument Mining's income statement shows a strong recovery with robust growth across key metrics. The TTM (Trailing-Twelve-Months) results reflect a significant revenue increase, with a notable improvement in gross profit margin at 55.3% and a net profit margin at 26.1%. Revenue growth year-over-year is substantial, highlighting a positive trend in financial performance. EBIT and EBITDA margins are healthy, indicating effective cost management and operational efficiency. However, past volatility in net income suggests the need for continued focus on consistent profitability.

Balance Sheet

The balance sheet of Monument Mining is solid, with a very low debt-to-equity ratio of 0.001, indicating minimal leverage and financial risk. The equity ratio stands at 83.7%, reflecting a strong equity base relative to total assets. Return on Equity (ROE) is impressive at 14.3% for the TTM period, underscoring effective use of equity. The company's stability is reinforced by a substantial cash reserve, though the historical consistency of equity growth could be improved.

Cash Flow

Monument Mining exhibits strong cash flow performance with substantial growth in free cash flow, increasing from negative values in earlier years to a positive $18.2 million in the TTM period. The operating cash flow to net income ratio is 1.6, indicating efficient cash generation from operations. The free cash flow to net income ratio of 0.96 further supports strong cash conversion. Historical fluctuations in free cash flow highlight the importance of maintaining consistent cash flow management.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
72.68M	51.42M	12.39M	14.44M	23.24M	29.97M
	Gross Profit
40.20M	24.83M	1.75M	629.00K	8.10M	12.94M
	EBIT
10.92M	13.68M	-3.50M	-5.10M	1.77M	4.72M
	EBITDA
37.96M	20.26M	-1.81M	-2.52M	5.62M	9.91M
	Net Income Common Stockholders
18.96M	6.44M	-6.27M	-6.50M	-99.32M	-275.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
22.77M	10.86M	5.67M	20.74M	38.31M	9.82M
	Total Assets
158.87M	142.01M	133.12M	134.03M	141.78M	247.58M
	Total Debt
130.00K	168.00K	298.00K	299.00K	90.00K	107.00K
	Net Debt
-22.64M	-10.39M	-5.37M	-20.44M	-38.22M	-9.71M
	Total Liabilities
25.86M	20.87M	18.94M	13.59M	14.90M	21.16M
	Stockholders Equity
133.01M	121.14M	114.19M	120.44M	126.88M	226.42M
Cash Flow		Free Cash Flow
18.20M	4.33M	-15.00M	-17.54M	-3.30M	803.00K
	Operating Cash Flow
30.35M	14.38M	118.00K	-4.55M	1.65M	6.27M
	Investing Cash Flow
-12.01M	-9.37M	-15.12M	-12.99M	26.87M	-5.47M
	Financing Cash Flow
-95.00K	-117.00K	-79.00K	-43.00K	-25.00K	-19.00K

Monument Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MMY, the sentiment is Positive. The current price of 0.38 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.35, and above the 200-day MA of 0.24, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.88 is Neutral, neither overbought nor oversold. The STOCH value of 93.61 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MMY.

Monument Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	78 Outperform	C$2.77B	26.55	20.56%	―	64.92%	185.22%
MMY	77 Outperform	C$128.08M	4.89	15.35%	―	210.78%	―
NGD	66 Neutral	C$3.78B	27.17	11.14%	―	18.32%	―
BTO	54 Neutral	$6.18B	―	-18.54%	4.97%	-4.17%	-318.18%
Sector *	47 Neutral	$2.67B	-4.14	-28.49%	3.28%	2.49%	-29.25%

Monument Mining Corporate Events

Monument Mining Reports Strong Q2 FY 2025 Results with Increased Revenue and Profit

Monument Mining Limited reported strong financial results for the second quarter of fiscal 2025, with a gross revenue of $19.80 million and a net profit of $8.84 million. The company increased its cash reserves and working capital significantly, driven by stable gold production and sales at record prices. The Selinsing Gold Mine continues to be a key asset, and plans are underway to extend its mine life through drilling programs. Additionally, the Murchison Project is being assessed for a potential production restart, which could provide a second source of cash flow as gold prices rise.