U.S. GoldMining Inc. (NASDAQ: USGO)

Sector: Basic Materials Industry: Other Industrial Metals & Mining CIK: 0001947244
Market Cap 137.67 Mn
P/B 35.75
P/E -20.54
P/S 0.00
ROIC (Qtr) -177.82
Div Yield % 0.00
Rev 1y % (Qtr) 0.00
Total Debt (Qtr) 94,024.00
Debt/Equity (Qtr) 0.02

About

Price action

Investment thesis

Bull case

  • Healthy cash reserves of 3.33M provide 115x coverage of short-term debt 28980, demonstrating strong liquidity position and minimal refinancing risk.
  • Strong tangible asset base of 4.71M provides 50.11x coverage of total debt 94024, indicating robust asset backing and low credit risk.
  • Tangible assets of 4.71M provide robust 14.22x coverage of other current liabilities 331252, indicating strong asset backing.
  • Strong cash position of 3.33M provides 10.06x coverage of other current liabilities 331252, indicating excellent liquidity.
  • Cash reserves of 3.33M provide solid 15.55x coverage of other non-current liabilities 214386, indicating strong liquidity.

Bear case

  • Investment activities of (1) provide weak support for R&D spending of 3.09M, which is -0x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • The company's operating cash flow of (5.81M) shows concerning coverage of stock compensation expenses of 501886, with a -11.57 ratio indicating potential earnings quality issues.
  • Operating cash flow of (5.81M) provides minimal -1395.01x coverage of tax expenses of 4164, suggesting potential tax planning inefficiencies or unsustainable tax positions.
  • Operating earnings of (6.70M) show weak coverage of depreciation charges of 193540, with a -34.61 ratio indicating high capital intensity and potential reinvestment needs.
  • Free cash flow of (5.81M) provides weak coverage of capital expenditures of 1, with a -5808818 ratio suggesting additional external financing needs for growth initiatives.

Peer comparison

Companies in the Other Industrial Metals & Mining
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 BHP BHP Group Ltd 162.30 Bn 17.99 3.17 -
2 TECK Teck Resources Ltd 24.54 Bn 27.27 3.23 3.67 Bn
3 MP MP Materials Corp. / DE 10.73 Bn -91.17 46.08 1.00 Bn
4 SKE Skeena Resources Ltd 3.07 Bn -36.58 0.00 0.04 Bn
5 MTRN MATERION Corp 2.85 Bn 87.35 2.45 0.53 Bn
6 VZLA Vizsla Silver Corp. 2.28 Bn -205.10 0.00 0.00 Bn
7 SGML Sigma Lithium Corp 1.76 Bn -65.03 15.16 0.12 Bn
8 ALM Almonty Industries Inc. 1.65 Bn -145.44 82.20 0.14 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 28.55 3.13
EV to Cash from Ops. EV/CFO -23.16 -51.74
EV to Debt EV to Debt 1,430.55 863.55
EV to EBIT EV/EBIT -20.08 -27.66
EV to EBITDA EV/EBITDA -20.27 566.13
EV to Free Cash Flow [EV/FCF] EV/FCF -23.16 -24.46
EV to Market Cap EV to Market Cap 0.98 0.59
EV to Revenue EV to Revenue 0.00 42.69
Price to Book Value [P/B] P/B 35.75 10.60
Price to Earnings [P/E] P/E -20.54 -35.19
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -16.20
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 3.46
Dividend per Basic Share Div per Share (Qtr) 0.00 0.08
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 -0.53
Interest Coverage Interest Coverage 0.00 51.59
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) 0.00 -444.92
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -25.77 3,116.99
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -0.80
EBIAT Growth (1y) % EBIAT 1y % (Qtr) 0.00 -69.51
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 20.12
EBIT Growth (1y) % EBIT 1y % (Qtr) 0.00 -24.32
EBT Growth (1y) % EBT 1y % (Qtr) 0.00 -92.39
EPS Growth (1y) % EPS 1y % (Qtr) 0.00 -31.76
FCF Growth (1y) % FCF 1y % (Qtr) 0.00 -5,473.04
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 0.00 9.09
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.00 0.13
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.01
Cash Ratio Cash Ratio (Qtr) 5.73 5.35
Current Ratio Curr Ratio (Qtr) 6.55 6.87
Debt to Equity Ratio Debt/Equity (Qtr) 0.02 0.74
Interest Cover Ratio Interest Cover Ratio 0.00 51.59
Times Interest Earned Times Interest Earned 0.00 51.59
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % 0.00 -684.18
EBIT Margin % EBIT Margin % 0.00 -696.12
EBT Margin % EBT Margin % 0.00 -788.27
Gross Margin % Gross Margin % 0.00 11.29
Net Profit Margin % Net Profit Margin % 0.00 -790.78