Bullish thesis on Monument Mining (MMY.V) citing a very low trailing P/E, low all-in sustaining costs, minimal debt, and potential re-rating as gold prices stay elevated.
MMY.V — LONG The author argues Monument Mining trades at a bafflingly low ~6x trailing P/E despite all-in sustaining costs of $853/oz for the three months ended June 2025 and $1037/oz for the quarter ended September 30, 2025, implying roughly 65-80% margins versus spot gold. He contends that even without EPS growth, a peer-reasonable P/E of 30 would put the stock at $5.70 on $0.19/share, and that $0.40/share earnings at a modest P/E of 20 would peg the stock at $8 as gold deliveries catch up to higher prices. He has been long since $0.40 and added 10,000 shares at $1.20 ahead of a further safe-haven leg up. The main stated risk is jurisdictional exposure to Malaysia, though he notes Canada-Malaysia relations are robust and the extraction technology is universally applicable.
A better attempt at sharing this particular gold stock which has a baffling low PE. Currently sitting at a 6x backwards PE.
This Reddit post, published January 19, 2026, features u/slundon81 discussing MMY.V. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/slundon81 · Tickers: MMY.V