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Conroy Gold and Natural Resources plc (CGNR) Fair Value & Analysis

Basic Materials · GB · Market cap 6.2M GBX

CG Conroy Gold and Natural Resources plc CGNR · LSE
Price£0.0800
Fair Value£0.1020
Upside+27.5%
Quality29/100
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Thin margins · 0.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/8)
Narrow moat 20/100
Evidence: Low Range £0.0816 – £0.1428 Share as image

Fair value as of: Jul 11, 2026

From 1 valuation models · updated 30 days ago

Share price −3.1% over the past month.

Below-average quality, screening 28% undervalued on our models.

What matters now

  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • Our model range runs from £0.0816 (bear) to £0.1428 (bull), base £0.1020. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 29/100 (below-average quality) with low evidence: read the verdict with care.
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Price vs Fair Value (5 years)

£0.4490 £0.0222 Fair Value £0.1020 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range £0.0222 – £0.4490 · fair‑value band £0.0816 – £0.1428 · the £0.0800 price screens below the £0.1020 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Conroy Gold and Natural Resources plc (CGNR) currently trades at £0.0800, while our model-based Fair Value estimate is £0.1020, implying the stock looks roughly 27.5% undervalued today. The Quality Score stands at 29/100 (below-average quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at £3.9K. It earns a return on equity of -0.5%. Fundamentals as of Jul 11, 2026

Our scenario range runs from £0.0816 (bear case) to £0.1428 (bull case); at £0.0800, the current price sits below 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. For context, the median of 10 Basic Materials peers we cover trades at 16% fair-value upside, at 28%, CGNR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
NCAV (Graham) £0.1100 £0.1500 £0.2200 50
All 1 models by family
Asset-Based
NCAV (Graham) £0.1100 £0.1500 £0.2200 50

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Key figures & financial health

Revenue (TTM) 3.9K GBX
Return on equity -0.5%
Free cash flow −33.7K GBX FY2025
Operating margin -21,804%
EPS growth (YoY) -97.8%
Net debt 118K GBX FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 29/100

Of which business quality 28 · Market factors (momentum, volatility) 27

Profitability 5
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 7
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 0
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.

About the company

Conroy Gold and Natural Resources plc engages in mineral exploration and development in Ireland and Finland. The company primarily explores for gold, lead, antimony, and zinc deposits. It focuses on the Longford-Down Massif region for its exploration activities.

Full company description

Conroy Gold and Natural Resources plc engages in mineral exploration and development in Ireland and Finland. The company primarily explores for gold, lead, antimony, and zinc deposits. It focuses on the Longford-Down Massif region for its exploration activities. The company was formerly known as Conroy Diamonds and Gold Plc and changed its name to Conroy Gold and Natural Resources plc in January 2011. Conroy Gold and Natural Resources plc was incorporated in 1995 and is headquartered in Shannon, Ireland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Conroy Gold and Natural Resources plc reported revenue of £0 in FY2025 versus £0 in FY2021. Reported net income was −£532K in FY2025.

Revenue
FY21 £0
FY22 £0
FY23 £0
FY24 £0
FY25 £0
Net income
FY21 £211K
FY22 £329K
FY23 −£315K
FY24 −£585
FY25 −£532K

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Cite: Fair Value Calculator (2026). "Conroy Gold and Natural Resources plc Fair Value". https://www.fairvalue-calculator.com/stock/CGNR

Peer Group

Gold · 259 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 28 · Bottom 25%
Fair Value upside +28% · Top 25%
Return on assets -1% · Below median
Net margin (TTM) 0% · Above median
Revenue growth 0% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Gold median · lower = cheaper

P/B 0.48× · Cheaper than 75% of peers

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.

VALUE 70 · sector 0
FUTURE 0 · sector 100
PAST 0 · sector 0
HEALTH 99 · sector 98
DIVIDEND 0 · sector 24

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Newmont Corporation NEMCL $112.00 $132.73 +19%
Zijin Mining Group 601899 ¥28.36 ¥30.58 +8%
Agnico Eagle Mines Limited AEM C$191.93 C$154.33 -20%
Barrick Mining Corporation B $34.93 $50.66 +45%
Wheaton Precious Metals Corp WPM C$152.57 C$52.47 -66%
Franco-Nevada Corporation FNV C$284.75 C$97.76 -66%
AngloGold Ashanti plc AU $76.35 $88.63 +16%
Gold Fields Limited GFI $33.33 $59.06 +77%
Kinross Gold Corporation KGC $22.57 $34.62 +53%
Northern Star Resources Limited NST A$20.48 A$15.98 -22%

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Frequently asked questions

Is Conroy Gold and Natural Resources plc (CGNR) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of £0.1020 versus a price of £0.0800, about +28% (undervalued).
What is the fair value of CGNR?
Our model-based fair value for Conroy Gold and Natural Resources plc is £0.1020 (as of Jul 11, 2026), built from audited fundamentals. The current price is £0.0800.
What is the quality score of CGNR?
Conroy Gold and Natural Resources plc has a Quality Score of 29/100. 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 revenue of Conroy Gold and Natural Resources plc (CGNR)?
Conroy Gold and Natural Resources plc reported trailing-twelve-month revenue of about £3.9K (latest available figure, as of Jul 11, 2026).
What is the net profit margin of CGNR?
The net profit margin of Conroy Gold and Natural Resources plc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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