Monument Mining (MMY) AI Stock Analysis

• Market Cap: C$131.52M
• Dividend Yield: N/A
• Average Volume (3M): 213.97K
• Price to Earnings (P/E): 4.1
• Beta (1Y): 0.67
• Revenue Growth: 122.19%
• EPS Growth: N/A
• Country: CA
• Employees: 255
• Sector: Basic Materials
• Sector Strength: 55
• Industry: Gold
• EPS (TTM): 0.01
• Shares Outstanding: 328,798,220
• 10 Day Avg. Volume: 170,829
• 30 Day Avg. Volume: 213,966
• PEG Ratio: 0.05
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.27
• Enterprise Value/Market Cap: 0.56
• Enterprise Value/Revenue: 0.33
• Enterprise Value/Gross Profit: 1.82
• Enterprise Value/Ebitda: 0.76
• 1Y Price Target: C$0.84
• Price Target Upside: 110.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: C$0.50 ▲(25.00%Upside)

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.

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 health with strong revenue growth, impressive profit margins, and solid cash flow performance. Low leverage and high equity ratios further reinforce the company's stability. However, past volatility in net income and cash flow suggests the need for consistent financial management.

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	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	51.42M	12.39M	14.44M	23.24M	29.97M
Gross Profit	24.83M	1.75M	629.00K	8.10M	12.94M
EBITDA	20.26M	-1.81M	-2.52M	-93.03M	9.91M
Net Income	6.44M	-6.27M	-6.50M	-99.32M	-275.00K
Balance Sheet
Total Assets	142.01M	133.12M	134.03M	141.78M	247.58M
Cash, Cash Equivalents and Short-Term Investments	10.86M	5.67M	20.74M	38.31M	9.82M
Total Debt	168.00K	298.00K	299.00K	90.00K	107.00K
Total Liabilities	20.87M	18.94M	13.59M	14.90M	21.16M
Stockholders Equity	121.14M	114.19M	120.44M	126.88M	226.42M
Cash Flow
Free Cash Flow	4.33M	-15.00M	-17.54M	-3.30M	803.00K
Operating Cash Flow	14.38M	118.00K	-4.55M	1.65M	6.27M
Investing Cash Flow	-9.37M	-15.12M	-12.99M	26.87M	-5.47M
Financing Cash Flow	-117.00K	-79.00K	-43.00K	-25.00K	-19.00K

Monument Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MMY, the sentiment is Negative. The current price of 0.4 is below the 20-day moving average (MA) of 0.41, below the 50-day MA of 0.42, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 42.09 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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$131.52M	4.11	18.07%	―	122.19%	―
MJS	70 Neutral	C$145.97M	10.14	9.39%	―	36.47%	42.27%
Sector *	61 Neutral	$9.61B	7.85	-1.25%	3.14%	2.72%	-69.15%
STLR	51 Neutral	C$97.91M	―	-23.25%	―	―	26.82%
AU	50 Neutral	C$119.68M	―	-6.09%	―	―	34.61%
AMX	46 Neutral	C$210.55M	118.75	-1.27%	―	―	-169.35%
NCAU	38 Underperform	C$144.72M	―	-9.41%	―	―	-64.81%

Monument Mining Corporate Events

Monument Mining Launches Expansion Drilling at Selinsing Gold Mine

Monument Mining Limited has announced the commencement of an expansion drilling program at its Selinsing Gold Mine, aiming to extend the life of the mine and discover new mineral resources. With an initial investment of USD $2.5 million, the program is expected to be completed by March 2026 and includes aggressive exploration to convert resources to reserves, potentially enhancing the company’s market position and operational longevity.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.51 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 Q3 2025 Results with Record Gold Production

Monument Mining Limited reported strong financial results for the third quarter of fiscal 2025, with gross revenue of $19.85 million and a net profit of $4.86 million. The company achieved a record gold production of 9,543 ounces, aided by the successful commissioning of a new filter press at the Selinsing Gold Mine. Despite a delayed shipment due to a tariff war, cash reserves increased significantly to $29.54 million. The company also made progress at its Murchison project, advancing development plans and signing collaboration agreements with other gold exploration companies, which could enhance its processing capabilities and market positioning.

The most recent analyst rating on (TSE:MMY) stock is a Buy with a C$0.51 price target. To see the full list of analyst forecasts on Monument Mining stock, see the TSE:MMY Stock Forecast page.