Professional
Added to YB: 2026-10-14
Pitch date: 2026-10-01
MFG.V [bullish]
Mayfair Gold Corp.
-11.03%
current return
Author Info
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Company Info
Mayfair Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Canada.
Market Cap
CAD 246.4M
Pitch Price
CAD 3.90
Price Target
8.25 (+138%)
Dividend
N/A
EV/EBITDA
-10.42
P/E
-11.42
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Mayfair Gold – Secures Two-Thirds of Project Capex in $310M Engagement
MFG.V (hold): Mayfair Gold’s proposed Macquarie package materially de-risks Fenn-Gib: a $300M facility would cover roughly two-thirds of $450M initial capex, with at least $280M for development, plus a $10M equity investment at a 10% premium and $25M early draw. Shares trade at 0.18x P/NAV, supporting an $8.25 target, though financing remains non-binding and permitting and the final investment decision are outstanding.
Read full article (5 min)