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Maple Gold Mines Ltd
(MGM)
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Rating:50Neutral
Price Target:
C$3.00
▲(3.45% Upside)
Action:Reiterated
Date:09/22/26
The score is held back primarily by weak financial performance (no revenue, widening losses, and substantial ongoing cash burn implying financing/dilution risk). This is partially offset by supportive technical momentum (price above key moving averages with positive MACD) while valuation provides limited support due to negative earnings and no stated dividend yield.
Positive Factors
Low Leverage
Very low leverage reduces solvency pressure and leaves the company less exposed to interest costs than a highly indebted explorer. This provides some financial flexibility while Maple Gold Mines advances its projects, although future funding needs remain important.
Negative Factors
No Revenue Base
With no operating revenue, Maple Gold Mines does not currently generate sales to fund exploration or corporate costs. Its financial performance therefore depends on project progress and access to capital, making the business more exposed to funding conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Very low leverage reduces solvency pressure and leaves the company less exposed to interest costs than a highly indebted explorer. This provides some financial flexibility while Maple Gold Mines advances its projects, although future funding needs remain important.
Read all positive factors
Maple Gold Mines Ltd (MGM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$209.34M
Dividend YieldN/A
Average Volume (3M)74.36K
Price to Earnings (P/E)―
Beta (1Y)1.12
Revenue GrowthN/A
EPS Growth-208.22%
CountryCA
Employees13
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.34
Shares Outstanding74,232,574
10 Day Avg. Volume67,664
30 Day Avg. Volume74,356
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)5.32
Price to Sales (P/S)0.00
P/FCF Ratio-7.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.27
Revenue Forecast (FY)N/A
Maple Gold Mines Ltd Business Overview & Revenue Model
Company Description
Maple Gold Mines Ltd. is a Canadian enterprise dedicated to gold exploration. The company's portfolio includes significant interests in two key ventures within Quebec. The Douay gold project, situated in northern Quebec's Abitibi Greenstone Belt w...
Maple Gold Mines Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
56
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.37M | -127.07K | -187.07K | -219.00K | -189.00K | -186.00K |
| EBITDA | -20.32M | -7.97M | -4.22M | -7.56M | -9.96M | -5.53M |
| Net Income | -19.74M | -8.19M | -4.44M | -7.03M | -10.28M | -5.93M |
Balance Sheet | ||||||
| Total Assets | 26.16M | 16.50M | 9.09M | 4.56M | 11.20M | 22.34M |
| Cash, Cash Equivalents and Short-Term Investments | 23.45M | 14.72M | 7.87M | 3.41M | 9.76M | 21.91M |
| Total Debt | 770.17K | 236.96K | 288.84K | 316.42K | 477.09K | 234.99K |
| Total Liabilities | 5.80M | 1.38M | 3.88M | 1.53M | 1.89M | 4.44M |
| Stockholders Equity | 20.36M | 15.12M | 5.21M | 3.03M | 9.30M | 17.90M |
Cash Flow | ||||||
| Free Cash Flow | -17.78M | -10.41M | -4.27M | -6.16M | -12.09M | -4.32M |
| Operating Cash Flow | -17.78M | -10.40M | -4.25M | -6.15K | -12.04M | -4.25M |
| Investing Cash Flow | 0.00 | -2.70K | 61.91K | -57.80K | -46.49K | -27.45K |
| Financing Cash Flow | 37.99M | 17.26M | 8.72M | -221.87K | -58.05K | 6.16M |
Maple Gold Mines Ltd Technical Analysis
Negative
2.90
Price Trends
2.88
Negative
2.85
Negative
2.72
Positive
Market Momentum
<0.01
Positive
45.03
Neutral
16.31
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MGM, the sentiment is Negative. The current price of 2.9 is below the 20-day moving average (MA) of 2.96, above the 50-day MA of 2.88, and above the 200-day MA of 2.72, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 45.03 is Neutral, neither overbought nor oversold. The STOCH value of 16.31 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MGM.
Maple Gold Mines Ltd Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | C$68.76M | 6.06 | 4.84% | ― | 40.76% | ― | |
50 Neutral | C$209.34M | -8.40 | -120.80% | ― | ― | -208.22% | |
44 Neutral | C$127.73M | -10.73 | -28.32% | 22.39% | ― | 32.99% | |
44 Neutral | C$65.47M | -6.94 | 216.13% | ― | ― | -1700.00% | |
40 Underperform | C$81.22M | -3.27 | 1459.01% | ― | 702525.37% | -10.56% |
* General Sector Average
TSE:MGM
Maple Gold Mines Ltd
2.83
1.49
111.19%
TSE:ABI
Abcourt Mines
0.07
-0.03
-31.58%
TSE:PPP
Prospector Metals
0.79
-0.21
-20.84%
TSE:ESM
Euro Sun Mining
0.15
-0.06
-27.50%
TSE:LIO
Lion One Metals
0.16
-0.13
-44.83%
Maple Gold Mines Ltd Corporate Events
Business Operations and Strategy
Maple Gold Joins European Investor Roadshow to Spotlight Douay/Joutel Project
Positive
Sep 18, 2026
Maple Gold Mines, a Canadian gold explorer, is concentrating on advancing its wholly owned Douay/Joutel project in Québec’s Abitibi gold belt, a large, well‑serviced land package with established gold resources and room for furthe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.