Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Goldmoney Inc. operates globally as a technology-driven financial services provider specializing in precious metals. Its core business involves the secure custody and storage of physical precious metals through its online platform, Goldmoney.com, which also facilitates coin retail and lending services. The company expands its reach by acting as a dealer for buying and selling various forms of physical precious metals, including bars, coins, and wafers, under the SchiffGold.com brand. Furthermore, Goldmoney Inc. is engaged in the design, manufacturing, and sales of gold and platinum jewelry, which it offers via Mene.com. Founded in 2001, the enterprise was formerly known as BitGold Inc., adopting its current name, Goldmoney Inc., in July 2015. It maintains its corporate headquarters in Toronto, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBIT