Undervalued!CXB is forecast to produce 400,000 oz in 2025 and 500,000 oz in 2026.
It's current market cap is C$1.54 billion.
Equinox Gold just paid US$ 995 million (C$1.36 billion) to acquire 40% of its Greenstone project which will add 160,000 oz/yr of production for first 5 years (144k oz/yr LOM). That is almost the entire CXB market cap. Valentine will produce more gold than the addition of 40% of Greenstone to Equinox's production total.