Low Price-To-Book Ratios Suggest These Gold Stocks Are Undervalued

  • Market Cap: $435 million CAD
  • Total Revenue (LTM): $187 million CAD
  • Debt to Equity (FY0): 0.7%
  • Price To Book Value: 0.59

4. Metanor Resources Inc. (TSXV: MTO) (MEAOF) – $0.06 Canadian
Gold

Metanor Resources Inc. is engaged in the acquisition, exploration and development of mining properties, as well as the commercial production of the ore reserves of its Bachelor Lake and Hewfran properties. The Company operates through three segments: the mining site (Bachelor mine), exploration and corporate. The Bachelor Mine is located approximately 90 kilometers northeast of the city of Lebel-sur-Quevillon, Quebec, Canada. The Bachelor property consists of approximately 240 claims and over two mining concessions covering an area of approximately 7,566.73 hectares.

  • Market Cap: $26 million CAD
  • Total Revenue (LTM): $50 million CAD
  • Debt to Equity (FY0): 15.5%
  • Price To Book Value: 0.47

5. St Augustine Gold and Copper Ltd. (TSX: SAU) (RTLGF) – $0.05
Gold

St. Augustine Gold and Copper Limited is focused on the acquisition, development and exploration of mineral properties. The Company is engaged in the business of mineral property exploration and its only activity is the development of the King-king copper-gold property (King-king, or the Project). The King-king copper-gold property is a copper-gold mineral reserve located at Sitio Gumayan, Barangay King-king, Municipality of Pantukan, Province of Compostela Valley, on Mindanao Island, Philippines. The Company is in the process of earning approximately 60% economic interest in the Project from Nationwide Development Corporation (NADECOR).

  • Market Cap: $36 million
  • Total Revenue (LTM): 0
  • Debt to Equity (FY0): 0.0%
  • Price To Book Value: 0.25
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