Mayfair Gold Corp. Common Shares (MINE)

FairStock Score: 16/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mayfair Gold is an early-stage gold story, not a proven business. It owns the Fenn-Gib project in Ontario, and that 100% ownership is the main tangible asset I can see in the facts. But Mr. Market is asking $209.6 million at the 2026-10-13 close of $2.46, and the operating record is not yet there: the company has only 0 years of filed annual results, so no Lynch category can even be assigned. The FairStock calculations show a negative P/E of -11.18, a P/B of 6.00, ROE of -69.37%, ROCE of -42.47%, and trailing free cash flow of -$21.6 million, a -10.3% FCF yield. A Piotroski score of 0/9 reinforces that the financial statements are not showing any positive momentum. The Altman Z-Score of 42.16 is high, which suggests the balance sheet is not immediately distressed on that measure, and the beta of 0.32 implies the shares have been less volatile than the market. Still, an explorer with no revenue, negative cash flow, and a rich price-to-book multiple offers no margin of safety in Graham's terms and no durable moat in Buffett's terms. The 52-week range of $2.16 to $4.88 shows the stock has already fallen sharply from its high. Until this becomes a producing mine with real cash earnings, it remains a speculative gold option rather than a compounding business.

In plain English: Mayfair Gold is a small Canadian company focused on a gold exploration project in Ontario. Based on the numbers provided, it currently has no meaningful revenue or profits, is burning cash, and looks financially weak. At $2.46, the price looks expensive relative to its accounting value and earnings, though it is well below its 52-week high.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer