Moneta Gold (ME) Stock Price, News & Analysis

Company Overview

Moneta Gold Inc. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for gold deposits. The company's flagship project is the Tower gold project, which is located in the Timmins region of Northeastern Ontario. The company was formerly known as Moneta Porcupine Mines Inc. and changed its name to Moneta Gold Inc. in August 2021. Moneta Gold Inc. was incorporated in 1910 and is headquartered in Timmins, Canada.

Key Stats

• Today's Range: N/A
• 50-Day Range: C$0.63 to C$1.46
• 52-Week Range: N/A
• Volume: 75,640 shs
• Average Volume: 37,638 shs
• Market Capitalization: C$50.90 million
• P/E Ratio: N/A
• Dividend Yield: 0.60%
• Price Target: C$3.00
• Consensus Rating: Strong Buy

Moneta Gold Stock Analysis - MarketRank™

Moneta Gold scored higher than 12% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Moneta Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Moneta Gold is -1.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Moneta Gold is -1.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ME.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Moneta Gold has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Moneta Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ME.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Moneta Gold has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

Search Interest

Only 6 people have searched for ME on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Moneta Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.88% of the stock of Moneta Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 8.52% of the stock of Moneta Gold is held by institutions.

ME Stock Analysis - Frequently Asked Questions

How do I buy shares of Moneta Gold?

Shares of ME stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Moneta Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Moneta Gold investors own include Abercrombie & Fitch (ANF), Ecora Resources (ECOR), Southern Copper (SCCO), Alphamin Resources (AFM), Alamos Gold (AGI), Avino Silver & Gold Mines (ASM) and Avino Silver & Gold Mines (ASM).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Pharmaceutical Products
• Current Symbol: TSE:ME
• CUSIP: N/A
• CIK: N/A
• Web: www.monetaporcupine.com
• Phone: +1-705-2642296
• Fax: N/A
• Employees: 770
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$3.00
• High Stock Price Target: C$3.00
• Low Stock Price Target: C$3.00
• Potential Upside/Downside: +376.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-17,850,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -28.67%
• Return on Assets: -20.13%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 1.87
• Quick Ratio: 1.79

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.06 per share
• Price / Cash Flow: 11.21
• Book Value: C$0.52 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 80,800,000
• Free Float: N/A
• Market Cap: C$50.90 million
• Optionable: Not Optionable
• Beta: 1.47