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Chibougamau Independent Mines Inc (CBG) Fair Value & Analysis

Basic Materials · CA · Market cap C$18.8M (≈ $13.6M) · ISIN CA1671012039

What is Chibougamau Independent Mines Inc really worth?

CI Chibougamau Independent Mines Inc CBG · V
PriceC$0.3000
Fair ValueC$0.0800
Upside−73.3%
Quality51/100

A solid business, but trading 275% above our fair value of C$0.0800.

As of Aug 23, 2026, the fair value of Chibougamau Independent Mines Inc is C$0.0800 per share against a price of C$0.3000, so the fair value sits 73% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Highly profitable · 180.1% net margin

Risks

!Weak Growth (revenue 3y +0.0 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (5/10)
!Narrow moat 30/100
!Evidence only low, so the estimate is less certain
!The models disagree: range C$0.0600 to C$0.2700
Evidence: Low Range C$0.0600 – C$0.2700

Fair value as of: Aug 23, 2026

From 8 valuation models · updated 14 days ago

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (C$0.2700). The favourable scenario is already priced in.
  • The model range is unusually wide (C$0.0600 to C$0.2700). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

C$0.3700 C$0.0850 Fair Value C$0.0800 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

60‑month range C$0.0850 – C$0.3700 · fair‑value band C$0.0600 – C$0.2700 · the C$0.3000 price screens above the C$0.0800 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 23, 2026.

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Analysis

Chibougamau Independent Mines Inc (CBG) currently trades at C$0.3000, while our model-based Fair Value estimate is C$0.0800, implying the stock looks roughly 275.0% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Basic Materials sector. Bull case: the Growth Earnings group reads highest at a median of C$0.2100 per share, and 0 of the 8 models we run sit above the C$0.3000 price. Bear case: the Asset-Based group reads lowest at C$0.0100, and 8 of the 8 models stay below the price. Evidence for this calculation is low.

It earns a return on equity of 66.6%. The stock trades on a trailing P/E of 30.0. Fundamentals as of Aug 23, 2026

Our scenario range runs from C$0.0600 (bear case) to C$0.2700 (bull case); at C$0.3000, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 13% below its 52-week high and 114% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −50% fair-value upside, at −73%, CBG screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly C$0.0068 per share, which is 8.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
P/E Multiple C$0.0600 C$0.0800 C$0.1000 63
Growth-Adj P/E C$0.1500 C$0.2100 C$0.2700 63
Graham-Dodd C$0.0300 C$0.2300 C$0.3200 59
All 8 models by family
Earnings-Based
Graham-Dodd C$0.0300 C$0.2300 C$0.3200 59
Lynch FV C$0.1200 C$0.1700 C$0.2200 57
PEG = 1.0 C$0.1200 C$0.1700 C$0.2200 53
Multiples
P/E Multiple C$0.0600 C$0.0800 C$0.1000 63
P/B Multiple C$0.0400 C$0.0500 C$0.0600 55
Asset-Based
NCAV (Graham) C$0.0100 C$0.0100 C$0.0200 52
Economic Profit
Residual Income C$0.0300 C$0.0400 C$0.1900 53
Growth Earnings
Growth-Adj P/E C$0.1500 C$0.2100 C$0.2700 63

Widest divergence: Growth Earnings (C$0.2100) versus Asset-Based (C$0.0100). Highest evidence: P/E Multiple (63).

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Key figures & financial health

P/E ratio 30.0
EPS (TTM) C$0.0100 price ÷ EPS = P/E 30.0
Net margin 180% TTM
Return on equity 66.6% TTM
Return on assets (EBIT) −49.8% avg 5y
Operating margin 37.2% TTM
More key figures
Growth
EPS growth (YoY) +17.3%
Balance sheet & cash flow
Free cash flow −C$214K FY2025

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 56 · Market factors (momentum, volatility) 52

Profitability 60
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 99
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 16
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 86
Distance to the 52-week high (market factor)
Net Issuance 69
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Chibougamau Independent Mines Inc. engages in the reviving production in the Chibougamau gold-copper mining camp in Canada. The company explores for copper, gold, zinc, silver, iron, titanium, and vanadium deposits. The company was incorporated in 2010 and is headquartered in Rouyn-Noranda, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chibougamau Independent Mines Inc reported revenue of C$30.0K in FY2025 versus C$0 in FY2021. Reported net income was C$301K in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
C$30.0K
Latest YoY
−75.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. revenue growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−26.5%
EBIT margin (trend) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
40.9% (2016) → −456.3% (2025)
Value creation/yr We only publish this rate when it is defensible. Reason: no profitable base year
not computed
Revenue
FY21 C$0
FY22 C$30.0K
FY23 C$607K
FY24 C$123K
FY25 C$30.0K
Net income
FY21 −C$327K
FY22 −C$908K
FY23 −C$172K
FY24 −C$29.8K
FY25 C$301K

CBG screens 275% overvalued. Compare with PT Amman Mineral Internasional Tbk →

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Cite: Fair Value Calculator (2026). "Chibougamau Independent Mines Inc Fair Value". https://www.fairvalue-calculator.com/stock/CBG.V

Peer Group

Other Precious Metals & Mining · 103 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 51 · Above median
Fair Value upside −73% · Bottom 25%
Return on equity (TTM) 67% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 180% · Top 25%
Operating margin (TTM) 37% · Top 25%
Debt / equity 0.05× · Higher than median

Valuation Multiples vs Other Precious Metals & Mining median · lower = cheaper

P/E (TTM) 30.0× · Pricier than 75% of peers
P/B 13.70× · Pricier than 75% of peers
P/S (TTM) 38.94× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE0 · sector 94
PAST100 · sector 0
HEALTH97 · sector 99
DIVIDEND0 · sector 48

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Other Precious Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
PT Amman Mineral Internasional Tbk AMMN 4,480 IDR 1,021 IDR −77%
Hecla Mining Company HL $20.68 $8.14 −61%
Compañía de Minas Buenaventura S.A. BVN $35.12 $29.53 −16%
Sibanye Stillwater Limited SBSW $11.85 $19.35 +63%
China Gold International Resources Corp CGG C$46.69 C$25.63 −45%
Artemis Gold Inc ARTG C$43.62 C$21.85 −50%
Triple Flag Precious Metals Corp TFPM $32.25 $16.03 −50%
PT Merdeka Battery Materials Tbk. MBMA 545.00 IDR 82.43 IDR −85%
Perpetua Resources Corp PPTA C$34.90 C$5.80 −83%
Zhaojin International Gold Co 000506 ¥20.64 ¥2.84 −86%

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Frequently asked questions

Is Chibougamau Independent Mines Inc (CBG) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of C$0.0800 versus a price of C$0.3000, about −73% upside (overvalued).
What is the fair value of CBG?
Our model-based fair value for Chibougamau Independent Mines Inc is C$0.0800 (as of Aug 23, 2026), built from audited fundamentals. The current price: C$0.3000.
What is the quality score of CBG?
Chibougamau Independent Mines Inc has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Chibougamau Independent Mines Inc (CBG)?
Our model-based price target is the fair value of C$0.0800 (as of Aug 23, 2026) from 8 valuation models. Cautious scenario C$0.0600, optimistic scenario C$0.2700. It is a calculation from audited fundamentals, not an analyst target.
What is the Chibougamau Independent Mines Inc stock forecast for 2026?
Our models put fair value at C$0.0800, about −73% upside versus a price of C$0.3000 (overvalued). Cautious scenario C$0.0600, optimistic scenario C$0.2700. The calculation is refreshed regularly with new filings.
What is the net profit margin of CBG?
The net profit margin of Chibougamau Independent Mines Inc is about 180.1%, meaning it keeps roughly 180.1% of revenue as net income. Based on the latest reported figures.
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