GoGold Resources Inc
TSX:GGD

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GoGold Resources Inc
TSX:GGD
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Price: 2.755 CAD -4.67% Market Closed
Market Cap: CA$1B

EV/EBITDA

15.4
Current
47%
Cheaper
vs 3-y average of 29.2

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
15.4
=
Enterprise Value
CA$1.1B
/
EBITDA
$34.3m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
15.4
=
Enterprise Value
CA$1.1B
/
EBITDA
$34.3m

Valuation Scenarios

GoGold Resources Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (29.2), the stock would be worth CA$5.21 (89% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-37%
Maximum Upside
+189%
Average Upside
52%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 15.4 CA$2.76
0%
3-Year Average 29.2 CA$5.21
+89%
5-Year Average 44.5 CA$7.96
+189%
Industry Average 9.7 CA$1.72
-37%
Country Average 10.2 CA$1.82
-34%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
CA$1.1B
/
Jan 2026
$34.3m
=
15.4
Current
CA$1.1B
/
Sep 2026
$57m
=
18.4
Forward
CA$1.1B
/
Sep 2027
$79.8m
=
13.2
Forward
CA$1.1B
/
Sep 2028
$252.7m
=
4.2
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
CA
GoGold Resources Inc
TSX:GGD
1.1B CAD 15.4 25.2
CA
Pan American Silver Corp
TSX:PAAS
33.8B CAD 13.8 24
US
Hecla Mining Co
NYSE:HL
12.1B USD 17.4 37.8
CA
Fortuna Silver Mines Inc
TSX:FVI
4.5B CAD 5.1 10.9
CA
Endeavour Silver Corp
TSX:EDR
4.1B CAD 24.6 -23.3
CA
Silvercorp Metals Inc
TSX:SVM
3.7B CAD 11.6 -159.7
CA
MAG Silver Corp
TSX:MAG
3.6B CAD 23.1 25.1
CA
Aya Gold & Silver Inc
TSX:AYA
3.5B CAD 31.6 54.7
CA
First Majestic Silver Corp
TSX:FR
2.3B CAD 19.5 -12.6
US
Gatos Silver Inc
TSX:GATO
1.5B CAD -29.1 32.2
CA
Andean Precious Metals Corp
XTSX:APM
1.3B CAD 12.1 17.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
GoGold Resources Inc
TSX:GGD
Average EV/EBITDA: 17.4
15.4
126%
0.1
CA
Pan American Silver Corp
TSX:PAAS
13.8
18%
0.8
US
Hecla Mining Co
NYSE:HL
17.4
14%
1.2
CA
Fortuna Silver Mines Inc
TSX:FVI
5.1
22%
0.2
CA
Endeavour Silver Corp
TSX:EDR
24.6
81%
0.3
CA
Silvercorp Metals Inc
TSX:SVM
11.6
75%
0.2
CA
MAG Silver Corp
TSX:MAG
23.1
4%
5.8
CA
Aya Gold & Silver Inc
TSX:AYA
31.6
27%
1.2
CA
First Majestic Silver Corp
TSX:FR
19.5
N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
Negative Multiple: -29.1 N/A N/A
CA
A
Andean Precious Metals Corp
XTSX:APM
12.1
193%
0.1
P/E Multiple
Earnings Growth PEG
CA
GoGold Resources Inc
TSX:GGD
Average P/E: 28.4
25.2
100%
0.3
CA
Pan American Silver Corp
TSX:PAAS
24
21%
1.1
US
Hecla Mining Co
NYSE:HL
37.8
24%
1.6
CA
Fortuna Silver Mines Inc
TSX:FVI
10.9
41%
0.3
CA
Endeavour Silver Corp
TSX:EDR
Negative Multiple: -23.3 N/A N/A
CA
Silvercorp Metals Inc
TSX:SVM
Negative Multiple: -159.7
81%
N/A
CA
MAG Silver Corp
TSX:MAG
25.1
5%
5
CA
Aya Gold & Silver Inc
TSX:AYA
54.7
16%
3.4
CA
First Majestic Silver Corp
TSX:FR
Negative Multiple: -12.6 N/A N/A
US
G
Gatos Silver Inc
TSX:GATO
32.2
55%
0.6
CA
A
Andean Precious Metals Corp
XTSX:APM
17.2
194%
0.1

Market Distribution

Higher than 73% of companies in Canada
Percentile
73nd
Based on 2 002 companies
73nd percentile
15.4
Low
0 — 7
Typical Range
7 — 14.5
High
14.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 7
Median 10.2
70th Percentile 14.5
Max 13 731.1

GoGold Resources Inc
Glance View

Market Cap
1B CAD
Industry
Metals & Mining

Gogold Resources, Inc. engages in the exploration, development and production of gold and silver. The company is headquartered in Halifax, Nova Scotia. The company went IPO on 2010-02-12. The firm is engaged in the exploration, development and production of gold, silver and copper in Mexico. The Company’s properties include Parral tailings mine (the Parral Project), and Los Ricos Property. The Parral Project is located in the state of Chihuahua, Mexico. Its Los Ricos Property is located in Jalisco state, Mexico. The property is comprised of approximately 42 concessions, covering over 22,000 hectares. The Los Ricos Property comprises of two projects, the Los Ricos South project and the Los Ricos North project, which are approximately 25 kilometers apart.

GGD Intrinsic Value
5.644 CAD
Undervaluation 51%
Intrinsic Value
Price CA$2.755
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