Company Valuation: Athena Gold Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 11.98 9.963 4.432 6.769 15.96
Change - -16.82% -55.51% 52.7% 135.72%
Enterprise Value (EV) 1 11.9 10.05 4.43 6.254 10.95
Change - -15.55% -55.94% 41.18% 75.1%
P/E ratio -8.09x -13.7x 6.33x -9.6x -50.5x
PBR 3x 2.01x 0.7x 1.1x 1.92x
PEG -0.2x 0.2x -0x 0x 0.7x
Capitalization / Revenue - - - - -
EV / Revenue - - - - -
EV / EBITDA - - - - -
EV / EBIT -15.8x -7.74x -5.65x -10.2x -8.32x
EV / FCF -24.2x -21.5x -13.4x -15.4x -18.8x
FCF Yield -4.13% -4.66% -7.45% -6.48% -5.33%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -0.1548 -0.053 0.0415 -0.0358 -0.009999
Distribution rate - - - - -
Net sales - - - - -
EBITDA - - - - -
EBIT 1 -0.7525 -1.3 -0.7836 -0.6121 -1.316
Net income 1 -1.03 -0.6837 0.6127 -0.6365 -0.1352
Net Debt 1 -0.0728 0.0911 -0.002808 -0.515 -5.005
Reference price 2 1.2517 0.7247 0.2625 0.3440 0.5054
Nbr of stocks (in thousands) 7,561 13,747 16,883 19,677 31,568
Announcement Date 3/31/22 3/15/23 3/29/24 4/9/25 4/10/26
1USD in Million2USD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16.79x3.97x7.1x3.54% 215B
13.01x3.13x6.69x4.5% 184B
13.8x4.22x7.25x3.71% 93.45B
14.4x0.45x6.35x2.56% 92.06B
23.14x6.71x15.55x0.05% 68.23B
31.77x3.17x8.24x1.69% 58.49B
14.35x5.16x7.45x3.64% 37.19B
18.09x3.32x7.14x0.58% 31.98B
19.9x6.73x12.42x3.26% 27.89B
Average 18.36x 4.10x 8.69x 2.62% 89.84B
Weighted average by Cap. 16.98x 3.70x 7.94x 3.12%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  3. ATHA Stock
  4. ATHA Stock
  5. Valuation Athena Gold Corporation