Monarch Gold Corporation engages in the acquisition, exploration, and development of mining properties in Canada. The company owns approximately 315 square kilometers of gold properties, including the Wasamac deposit; the Croinor Gold, the McKenzie Break, and the Swanson advanced projects; and the Beacon mills. The company was formerly known as Monarques Gold Corporation and changed its name to Monarch Gold Corporation in January 2019. Monarch Gold Corporation was incorporated in 2011 and is headquartered in Saint-Sauveur, Canada. As of January 21, 2021, Monarch Gold Corporation operates as a subsidiary of Yamana Gold Inc..
Research context
Monarch Gold Corporation appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Monarch Gold Corporation is currently in a long term uptrend where the price is trading 15.1% above its 200 day moving average.
From a valuation standpoint, the stock is 90.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 45.4.
Monarch Gold Corporation's total revenue sank by 100.0% to $0 since the same quarter in the previous year.
Its net income has dropped by 314.8% to $-3M since the same quarter in the previous year.
Finally, its free cash flow fell by 175.6% to $-3M since the same quarter in the previous year.
Based on the above factors, Monarch Gold Corporation gets an overall score of 2/5.