Mayfair Gold Corp. (MINE) AI Stock Analysis
MINE AI stock analysis summary
AI ResearchMayfair Gold Corp. is a Canadian gold exploration company advancing its flagship Fenn-Gib project in Ontario. Over the trailing twelve months, the company generated $1.7M in revenue with an EPS of -$0.22. As of July 31, 2026, the company held $23.0M in cash and short-term investments with a current ratio of 8.90.
- Market cap
- $165.8M
- Revenue (TTM)
- $1.7M
- P/E
- —
- 1Y return
- 51.7% S&P 500 16.8%
- Avg. target
- —
Bull case
- The stock posted a 1-year return of 51.7%, outperforming the S&P 500 return of 16.8%.
- Mayfair Gold holds a liquid balance sheet with $23.0M in cash and short-term investments alongside a current ratio of 8.90.
- The company's price-to-sales multiple of 0.7x trades below the US-listed Basic Materials peer median of 1.8x.
Bear case
- Quarterly revenue declined 73.5% year-over-year in the period ended July 31, 2026.
- The company remains unprofitable, reporting trailing twelve-month EPS of -$0.22 and a return on equity of -69.4%.
- Shareholders have experienced dilution, as the 5-year share count increased by 59.1%.
What Mayfair Gold does
Mayfair Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Canada, primarily exploring for gold deposits. Its flagship project is the 100%-owned Fenn-Gib gold project, which comprises 21 fee simple patented properties, 145 unpatented mining claims, and six mining lease properties covering an area of 1,877.8 hectares located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario. Mayfair Gold Corp. was incorporated in 2019 and is headquartered in Matheson, Canada.
Growth and profitability
Mayfair Gold recorded annual revenue of $2.4M in FY2014, $2.5M in FY2015, and $621,534 in FY2016, representing a two-year revenue CAGR of -49.1%. Gross margin shifted from 32.0% in FY2014 to 6.9% in FY2015 and 8.6% in FY2016. Operating margin stood at -15.5% in FY2014 before deteriorating to -136.4% in FY2015 and -385.8% in FY2016, with net income declining to -$5.1M. Over the trailing twelve months ended July 31, 2026, revenue was $1.7M with an operating margin of 0.0% and EPS of -$0.22. Quarterly revenue fell 73.5% year-over-year.
Balance sheet and cash flow
As of July 31, 2026, Mayfair Gold Corp. reported $23.0M in cash and short-term investments, with total assets of $42.3M and shareholders' equity of $39.5M. The company maintains liquidity with a current ratio of 8.90. In FY2016, operating cash flow stood at -$788,678. For FY2025, capital expenditures were $8,302. In addition, the company's share count increased 59.1% over a 5-year period.
Valuation and performance
Mayfair Gold Corp. carries a market cap of $165.8M and an enterprise value of $173.2M. The stock trades at a price-to-sales ratio of 0.7x, below the 1.8x median of its US-listed Basic Materials peers. It also trades at a price-to-book ratio of 6.8x and an EV-to-revenue multiple of 323.3x. Over the past year, the stock returned 51.7%, outperforming the S&P 500 return of 16.8%. However, its year-to-date return is -29.5%, and the stock trades 20.2% below its 200-day moving average.
What analysts expect
Consensus estimates project revenue of $0 for the fiscal year ending December 31, 2026, and $0 for the following fiscal year, representing 0.0% projected revenue growth. The company is scheduled to report its next earnings on November 11, 2026.
Key risks and what to watch
- Analyst projections forecast $0 in revenue for both the current and next fiscal years.
- The stock has experienced negative medium-term momentum, trading 20.2% below its 200-day moving average.
- Asset productivity remains weak, evidenced by a trailing return on assets of -42.5%.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this MINE AI stock analysis
This page is an AI-written research summary of Mayfair Gold Corp. (MINE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: MINE income statement, MINE balance sheet, MINE key metrics, MINE analyst forecast, MINE chart. See the MINE stock overview for the latest quote and news.
MINE AI stock analysis FAQ
What is Mayfair Gold Corp.'s primary gold project?
Mayfair Gold Corp.'s flagship asset is the 100%-owned Fenn-Gib gold project, which spans 1,877.8 hectares across northeast Ontario.
How much cash does Mayfair Gold Corp. hold?
As of July 31, 2026, Mayfair Gold Corp. had $23.0M in cash and short-term investments, contributing to a current ratio of 8.90.
Does Mayfair Gold Corp. pay a dividend?
Mayfair Gold Corp. does not pay a dividend.
What are analysts forecasting for Mayfair Gold Corp.'s upcoming revenue?
Analysts estimate $0 in revenue for the current fiscal year ending December 31, 2026, and $0 for the next fiscal year.
When is Mayfair Gold Corp.'s next earnings date?
The company's next earnings date is November 11, 2026.