Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
HighGold Mining Inc., an exploration company, engages in the exploration and development of gold projects in North America. It also explores for copper, zinc, silver, and lead, as well as other base metals. The company's flagship asset is the 20,942 acres Johnson Tract gold property located in Southcentral Alaska, the United States. The company also holds 100% interest in Munro-Croesus property covering an area of 7,875 acres located in Matheson, Ontario, Canada; Golden Mile property comprising of 32 claims and covering an area of 20,942 acres; and Golden Perimeter property covering an area of 30,344 acres located in Timmins, Ontario, Canada. HighGold Mining Inc. was incorporated in 2019 and is headquartered in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.