Avidian Gold Corp. (AVG.V) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-16.4%

CA$0.10

vs CA$0.12 price

Levered DCF

CA$0.11

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

-1.52

Distress zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	0.79×	0.31×	-5.6×	-1.51×	-13.7×	-3.16×	-3.12×	-2.78×
P/B	0.32×	0.36×	8.92×	4.7×	2.17×	10.3×	68.9×	8.88×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-1.27×	0.18×	-5.72×	-1.91×	-0.67×	-2.64×	-2.63×	-1.1×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	53.14×	6.07×	0.1×	0.14×	2.58×	15.13×	6.25×	1.53×
Debt / equity	0×	0×	0.33×	0×	0×	0×	3.51×	0.68×
Interest coverage	0×	-30.38×	-740.04×	0×	0×	-19.24×	-18.31×	-30.29×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	40.1%	119.4%	-159.2%	-306.2%	-15.8%	-324.6%	-2222.8%	-321.6%
Return on invested capital	-4.6%	-22.7%	-128.8%	-210.8%	-299.1%	-90.6%	-266.3%	-375.2%
Return on assets	37.0%	111.3%	-32.6%	-134.9%	-14.4%	-99.9%	-242.4%	-105.3%
Free cash flow yield	-4.9%	-153.5%	-6.0%	-18.6%	-95.6%	-18.2%	-22.5%	-59.6%
Earnings yield	124.3%	331.3%	-17.8%	-65.2%	-7.3%	-31.5%	-32.3%	-36.2%
Enterprise value	CA$241.2K	CA$466.9K	CA$2M	CA$2.6M	CA$3.6M	CA$12.3M	CA$8M	CA$3.7M
Net debt / EBITDA	5.35×	-0.1×	-0×	0.04×	0.05×	1.12×	0.16×	0.13×
Cash conversion cycle (days)	0	0	0	-4,100	-981	-4,583	-2,308	-5,727