Monument Mining Limited (MMY) Fair Value & Analysis
Basic Materials · CA · Market cap C$298M
Fair value as of: Aug 13, 2026
From 24 valuation models · updated yesterday
Share price +18.7% over the past month.
A solid business, but screening 64% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (C$0.4000). The favourable scenario is already priced in.
- Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (C$0.2100 to C$0.4000) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range C$0.0590 – C$1.50 · fair‑value band C$0.2100 – C$0.4000 · the C$0.8900 price screens above the C$0.3200 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Monument Mining Limited (MMY) currently trades at C$0.8900, while our model-based Fair Value estimate is C$0.3200, implying the stock looks roughly 64.0% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Monument Mining Limited generated revenue of C$168M at a net margin of 44.1%. Revenue grew 137.0% year over year. It earns a return on equity of 43.0%. The balance sheet holds a net cash position of C$10.4M. Fundamentals as of Aug 13, 2026
Our scenario range runs from C$0.2100 (bear case) to C$0.4000 (bull case); at C$0.8900, 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 43% below its 52-week high and 138% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 1% fair-value upside, at -64%, MMY screens richer 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.
All 24 models by family
Widest divergence: Growth Earnings (C$0.8000) versus Asset-Based (C$0.2300). Highest evidence: Growth DCF (80).
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Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 64 · Market factors (momentum, volatility) 49
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
Monument Mining Limited engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia. The company primarily explores for gold assets.
Full company description
Monument Mining Limited engages in the production, exploration, and development of precious metals in Canada, Australia, and Malaysia. The company primarily explores for gold assets. It holds 100% interest in the Selinsing gold mine, which covers an area of 150.3 square kilometers in the Pahang State, Malaysia, and the Murchison gold that covers 232.6 square kilometers in the Murchison area, Western Australia. The company is headquartered in Vancouver, Canada.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2020 – FY2024 · reported fiscal years
Monument Mining Limited reported revenue of C$51.4M in FY2024 versus C$29.5M in FY2020, a compound +14.9%/yr. Reported net income was C$6.4M in FY2024.
MMY screens 64% overvalued. Compare with Newmont Corporation →
Peer Group
Gold · 248 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.
Valuation Multiples vs Gold median · lower = cheaper
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 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.
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 Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEMCL | $112.00 | $112.82 | +1% |
| Zijin Mining Group 601899 | ¥32.21 | ¥39.42 | +22% |
| Agnico Eagle Mines Limited AEM | C$257.82 | C$154.33 | -40% |
| Barrick Mining Corporation B | $41.23 | $50.66 | +23% |
| Wheaton Precious Metals Corp WPM | C$187.84 | C$52.47 | -72% |
| Franco-Nevada Corporation FNV | C$334.84 | C$97.76 | -71% |
| AngloGold Ashanti plc AU | $97.92 | $88.63 | -9% |
| Gold Fields Limited GFI | $40.73 | $59.06 | +45% |
| Zijin Gold International Company 2259 | HK$135.60 | HK$96.81 | -29% |
| Kinross Gold Corporation KGC | $27.48 | $34.62 | +26% |
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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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