Monument Mining is showing strong performance Hey guys! Monument Mining is showing strong performance as gold prices soar, yet it remains heavily undervalued at just 1.2x forward EBITDA—an 81% discount to the sector.
In FY2024, MMY posted record revenue, positive EPS, and a 335% YoY production increase, with reduced cash costs. With 700K oz still available at the Selinsing mine, analysts see potential for up to 14 more years of production. MMY’s strong cash position, no debt, and planned exploration at the Murchison project only add to the upside.