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HighGold Mining (TSXV:HIGH) Enterprise Value : C$49.39 Mil (As of Jun. 10, 2024)


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What is HighGold Mining Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HighGold Mining's Enterprise Value is C$49.39 Mil. HighGold Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.15 Mil. Therefore, HighGold Mining's EV-to-EBIT ratio for today is -9.60.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, HighGold Mining's Enterprise Value is C$49.39 Mil. HighGold Mining's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$-5.15 Mil. Therefore, HighGold Mining's EV-to-EBITDA ratio for today is -9.60.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, HighGold Mining's Enterprise Value is C$49.39 Mil. HighGold Mining's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.00 Mil. Therefore, HighGold Mining's EV-to-Revenue ratio for today is .


HighGold Mining Enterprise Value Historical Data

The historical data trend for HighGold Mining's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HighGold Mining Enterprise Value Chart

HighGold Mining Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
39.64 103.44 71.77 42.67 24.74

HighGold Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.67 44.92 22.57 24.74 22.19

Competitive Comparison of HighGold Mining's Enterprise Value

For the Gold subindustry, HighGold Mining's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HighGold Mining's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, HighGold Mining's Enterprise Value distribution charts can be found below:

* The bar in red indicates where HighGold Mining's Enterprise Value falls into.



HighGold Mining Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

HighGold Mining's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

HighGold Mining's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HighGold Mining  (TSXV:HIGH) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

HighGold Mining's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=49.394/-5.146
=-9.60

HighGold Mining's current Enterprise Value is C$49.39 Mil.
HighGold Mining's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.15 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

HighGold Mining's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=49.394/-5.146
=-9.60

HighGold Mining's current Enterprise Value is C$49.39 Mil.
HighGold Mining's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.15 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

HighGold Mining's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=49.394/0
=

HighGold Mining's current Enterprise Value is C$49.39 Mil.
HighGold Mining's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HighGold Mining Enterprise Value Related Terms

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HighGold Mining (TSXV:HIGH) Business Description

Traded in Other Exchanges
Address
375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
HighGold Mining Inc is a mineral exploration company focused on high-grade gold projects located in North America. Its flagship asset is the high-grade Johnson Tract Gold (Zn-Cu) Project located in south-central Alaska, USA. The company also controls a portfolio of gold projects in the greater Timmins gold camp, Ontario, Canada that includes the Munro-Croesus Gold property, which is renowned for its highgrade mineralization, and the large Golden Mile and Golden Perimeter properties.
Executives
Darwin Green Director, Senior Officer

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