(MMY) Monument Mining - Ratings and Ratios

Monument Mining Limited is a gold producer with operations focused on the acquisition, exploration, and development of gold and other precious and base metal properties. The company holds a 100% interest in the Selinsing Gold Mine, which encompasses the Selinsing, Buffalo Reef, Felda Land, and Famehub projects located in Pahang State within the Central Gold Belt of Western Malaysia. Additionally, Monument owns the Murchison Gold Project portfolio, which includes the Burnakura, Tuckanarra, and Gabanintha projects in the Murchison region of Western Australia. The company is headquartered in Vancouver, Canada.

Monument Mining Limited operates in three key regions: Canada, Australia, and Malaysia. The Selinsing Gold Mine, located in Malaysia, is the companys flagship project and has been in production since 2010. The mine is situated in the Central Gold Belt, a region known for its significant gold deposits. The Murchison Gold Project in Western Australia further diversifies the companys portfolio, with multiple exploration and development projects in the resource-rich Murchison region. Monuments strategic focus is on advancing its projects through exploration and development to increase gold production and reserves.

From a technical perspective, Monument Mining Limiteds stock (Ticker: MMY) on the TSX Venture Exchange shows a last price of 0.47 CAD with a 20-day average volume of 366,400 shares. The stock is trading above its 20-day (0.42) and 50-day (0.39) simple moving averages, indicating short-term bullish momentum. However, it remains below its 200-day moving average (0.27), suggesting longer-term bearish trends. The Average True Range (ATR) of 0.02 reflects low volatility, indicating stable price movements.

Fundamentally, Monument Mining Limited has a market capitalization of 152.72 million CAD, with a price-to-earnings (P/E) ratio of 6.64, indicating undervaluation relative to its earnings. The price-to-book (P/B) ratio of 0.83 suggests that the stock is trading below its book value, potentially signaling undervaluation. The price-to-sales (P/S) ratio of 2.10 is moderate, while the return on equity (RoE) of 14.25% reflects strong profitability relative to shareholders equity.

3-Month Forecast: Based on the convergence of technical and fundamental data, Monument Mining Limiteds stock is expected to experience sideways to moderate upward movement. The stocks position above its 20-day and 50-day SMAs, coupled with a low ATR, suggests stability with potential for gradual price appreciation. The attractive P/B ratio and strong RoE further support a bullish outlook, though the lack of a forward P/E and higher P/S ratio may temper near-term upside. Investors should monitor production updates and regional exploration results for catalysts.