Monument Mining (MMY) AI Stock Analysis

• Market Cap: C$410.92M
• Dividend Yield: N/A
• Average Volume (3M): 542.26K
• Price to Earnings (P/E): 6.3
• Beta (1Y): 1.23
• Revenue Growth: 78.96%
• EPS Growth: 376.52%
• Country: CA
• Employees: 255
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.03
• Shares Outstanding: 345,315,030
• 10 Day Avg. Volume: 1,008,580
• 30 Day Avg. Volume: 542,265
• PEG Ratio: -0.03
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.68
• P/FCF Ratio: 8.01
• 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$1.50
• Price Target Upside: 26.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: C$0.50 ▼(-57.98% Downside)

Monument Mining's strong financial performance and positive corporate events are the main contributors to the stock's score. While the valuation suggests the stock is undervalued, mixed technical indicators present some caution. The company's strategic initiatives and robust financial health position it well for future growth, despite the need for consistent performance.

Positive Factors

Expansion Drilling Program

The expansion drilling program at Selinsing Gold Mine aims to extend the mine's life and discover new resources, potentially enhancing market position and operational longevity.

Record Gold Production

Achieving record gold production indicates operational efficiency and strengthens revenue potential, supporting long-term financial stability and growth.

Strong Financial Performance

Strong profit margins reflect effective cost management and operational efficiency, enhancing the company's ability to generate sustainable profits over time.

Negative Factors

Historical Volatility

Volatility in income and cash flow suggests potential instability, requiring consistent performance to ensure long-term financial health and investor confidence.

Delayed Shipment Impact

Delays in shipment can disrupt cash flow and operational timelines, potentially affecting revenue recognition and financial planning.

Need for Consistent Profitability

Inconsistent profitability can undermine investor confidence and limit the company's ability to invest in growth opportunities, impacting long-term success.

Monument Mining Business Overview & Revenue Model

Company Description

Monument Mining Limited operates as a gold producer and mining asset developer in Canada, Australia, and Malaysia. The company holds 100% interest in the Selinsing gold mine, including the Selinsing, Buffalo Reef, Felda Land, Peranggih, and Famehub projects that are located in Pahang State within the Central Gold Belt of Western Malaysia; and the Murchison gold project portfolio comprising the Burnakura, Tuckanarra, and Gabanintha projects, which are located in the Murchison region of Western Australia. The company is headquartered in Vancouver, Canada.

How the Company Makes Money

Monument Mining makes money through the extraction and sale of gold from its mining operations. The company generates revenue by mining gold ore, processing it to extract gold, and selling the refined product on the open market. Key revenue streams include the production and sale of gold bullion, with prices influenced by market demand and global gold prices. Additionally, the company may engage in strategic partnerships and joint ventures to enhance its exploration and production capabilities, thereby contributing to its earnings potential. Monument Mining's profitability is closely tied to its operational efficiency, gold production levels, and the prevailing market price of gold.

Monument Mining Financial Statement Overview

Summary

Monument Mining shows robust financial performance with strong revenue and profit growth. Key highlights include a high gross profit margin of 55.3% and a net profit margin of 26.1%. The balance sheet is solid with low leverage, and cash flow has improved significantly, underscoring effective cash generation and financial management. However, historical volatility in income and cash flow suggests a need for consistent performance.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	72.04M	51.42M	12.39M	14.19M	23.24M	29.54M
Gross Profit	46.48M	24.83M	1.75M	629.00K	8.10M	7.11M
EBITDA	40.51M	20.27M	-3.00K	-2.33M	6.28M	9.95M
Net Income	24.20M	6.44M	-6.27M	-6.50M	-99.32M	-275.00K
Balance Sheet
Total Assets	191.85M	142.01M	133.12M	134.03M	141.78M	247.58M
Cash, Cash Equivalents and Short-Term Investments	62.46M	10.86M	5.67M	21.07M	38.62M	10.13M
Total Debt	115.00K	168.00K	298.00K	299.00K	90.00K	107.00K
Total Liabilities	22.55M	20.87M	18.94M	13.59M	14.90M	21.16M
Stockholders Equity	169.30M	121.14M	114.19M	120.44M	126.88M	226.42M
Cash Flow
Free Cash Flow	29.15M	4.33M	-15.00M	-17.54M	-3.30M	803.00K
Operating Cash Flow	39.23M	14.38M	118.00K	-4.55M	1.65M	6.18M
Investing Cash Flow	-10.63M	-9.37M	-15.12M	-12.99M	26.87M	-5.47M
Financing Cash Flow	-45.00K	-117.00K	-79.00K	-42.27K	-25.00K	-19.00K

Monument Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.19
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 1.19 is above the 20-day moving average (MA) of 1.16, above the 50-day MA of 1.06, and above the 200-day MA of 0.64, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 55.01 is Neutral, neither overbought nor oversold. The STOCH value of 47.50 is Neutral, 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
MMY	78 Outperform	C$410.92M	6.31	31.06%	―	78.96%	376.52%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RDS	54 Neutral	C$397.74M	-195.74	-2.79%	―	―	-74.07%
SIG	53 Neutral	C$377.61M	-64.24	-10.44%	―	―	-69.66%
WRLG	50 Neutral	$412.17M	-2.84	-143.63%	―	―	―
GOLD	49 Neutral	C$385.99M	-23.62	-10.17%	―	―	37.78%
BYN	44 Neutral	C$463.84M	-102.75	-5.60%	―	―	-445.00%

Monument Mining Corporate Events

Monument Mining Declares Special Dividend Amid Strong Performance

Monument Mining Limited has announced a special cash dividend of two cents per common share, payable on January 19, 2026, to shareholders of record as of January 5, 2026. This decision reflects the company’s strong performance and commitment to shareholders, as stated by CEO Cathy Zhai, and underscores Monument’s strategic execution and future growth ambitions.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Monument Mining Reports Successful AGM Results and Landmark Year Achievements

Monument Mining Limited announced the successful results of its Annual General Meeting, with record participation and all proposed resolutions passed, including the appointment of board members and auditors. The company emphasized 2025 as a landmark year with significant shareholder value appreciation and operational achievements, and it remains focused on expanding its mineral assets to enhance value for stakeholders.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Monument Mining Reports Promising Drill Results for Selinsing Mine Expansion

Monument Mining Limited has announced the results of the first 16 drill holes from its Selinsing Mine expansion drilling program. The program aims to increase gold resources and potentially extend the life of the mine. The drilling has shown promising high gold assay results, which could support the expansion of the Buffalo Reef/Felda pit. With a budget of USD $2.5 million, the company plans to complete the expansion drilling by June 2026, potentially developing a large-scale open pit, which may impact future operations and stakeholder interests.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Monument Mining Reports Strong Q1 FY2026 Results with Increased Gold Production

Monument Mining Limited reported a strong financial performance for the first quarter of fiscal year 2026, with a gross revenue of $32.4 million and a significant increase in net income to $10.5 million. The company saw a substantial rise in gold production at the Selinsing Gold Mine, producing 13,092 ounces of gold, and increased its cash reserves to $62.84 million, enhancing its liquidity for future growth. The ongoing exploration at Selinsing and the economic assessment at the Murchison Gold Project indicate potential for future expansion and increased mineral resources.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Monument Mining Achieves Strong Financial Growth in FY 2025

Monument Mining Limited reported significant financial growth for Fiscal Year 2025, with gross revenue reaching $98.64 million and net earnings increasing to $37.54 million. The company’s financial position improved with a substantial rise in cash flow and working capital. The Selinsing Gold Mine maintained strong production, while development at the Murchison Gold Project progressed, indicating potential for future cash flow diversification. These results highlight Monument’s strengthened market position and operational efficiency, benefiting stakeholders through increased profitability and strategic development.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.

Monument Mining Reports Strong Fiscal 2025 Results with Increased Revenue and Earnings

Monument Mining Limited reported strong financial results for fiscal year 2025, with a significant increase in gross revenue to $98.64 million and net earnings rising to $37.54 million. The company achieved notable improvements in cash flow, cash on hand, and working capital, driven by sustained gold production at the Selinsing Gold Mine and development progress at the Murchison Gold Project. The company also reported successful commissioning of a new filter press at Selinsing, enhancing production performance, and initiated mineral resource drilling programs to extend mine life.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.50 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.