Collective Mining Ltd. (CNL) vs i-80 Gold Corp. (IAUX)

Collective Mining Ltd. and i-80 Gold Corp. are both Gold companies. i-80 Gold Corp. is the larger, with a market value of $1.6B against $1.1B — 1.4× the size. Collective Mining Ltd. has the higher net margin (0.00% vs −198.8%) and the lower return on invested capital (−152.6% vs −38.1%). Across the 13 metrics below, Collective Mining Ltd. leads on 7 and i-80 Gold Corp. on 6.

Valuation

Metric CNL IAUX Gold median
P/E n/m n/m 23.34
P/S n/m 11.52 5.02
P/B 10.34 5.81 3.53
Price to free cash flow n/m n/m 16.73
EV/EBITDA n/m n/m 8.34
EV/Sales n/m 11.38 4.92
Earnings yield (4.95%) (17.24%) 1.44%
Free cash flow yield (5.12%) (12.40%) 0.75%

Profitability

Metric CNL IAUX Gold median
Gross margin — 26.42% 50.00%
Operating margin 0.00% (112.12%) 26.32%
Net margin 0.00% (198.82%) 12.30%
Free cash flow margin 0.00% (142.86%) 0.00%
Return on equity (60.81%) (71.66%) 6.36%
Return on assets (44.61%) (26.43%) 0.00%
Return on invested capital (152.61%) (38.09%) 0.52%

Growth

Metric CNL IAUX Gold median
Revenue growth (TTM) — 69.73% 68.15%
EPS growth (last fiscal year) (75.76%) 11.76% —
Revenue growth, 5-year CAGR — — 16.12%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric CNL IAUX Gold median
Debt to equity 0.01 1.73 0.10
Current ratio 3.99 8.63 3.08
Net debt to EBITDA 2.51 (0.92) 0.00

Dividend

Metric CNL IAUX Gold median
Dividend yield — — 1.49%
Payout ratio — — 0.00

Size

Metric CNL IAUX Gold median
Market cap 1.13b 1.55b 1.96b

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