Montage Gold Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '26 Mar 24, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	4,598	725	132	108	67	96
Market Cap Growth	459.58%	450.59%	22.37%	59.97%	-30.32%	-
Enterprise Value	4,377	532	121	101	54	91
Last Close Price	12.62	2.08	0.71	0.67	0.64	0.92
PB Ratio	27.43	3.53	2.97	2.16	3.01	2.16
P/TBV Ratio	27.44	3.53	2.97	2.16	3.01	2.16
Debt / Equity Ratio	0.00	0.00	0.00	-	-	-
Net Debt / Equity Ratio	-1.32	-0.80	-0.15	-0.17	-0.48	-0.74
Net Debt / EBITDA Ratio	3.17	2.41	0.36	1.01	0.46	3.32
Net Debt / FCF Ratio	0.51	1.79	0.37	0.38	0.47	3.51
Quick Ratio	6.29	4.05	5.40	4.01	9.73	15.58
Current Ratio	6.38	4.09	5.77	4.31	10.24	15.93
Return on Equity (ROE)	-47.16%	-54.27%	-51.88%	-27.13%	-70.24%	-30.35%
Return on Assets (ROA)	-8.64%	-20.76%	-31.91%	-14.61%	-41.93%	-18.38%
Return on Capital Employed (ROCE)	-9.60%	-21.00%	-56.10%	-17.70%	-105.40%	-22.60%
Earnings Yield	-2.09%	-9.34%	-18.56%	-9.10%	-34.94%	-10.77%
FCF Yield	-9.47%	-12.71%	-13.52%	-21.39%	-33.89%	-9.73%
Buyback Yield / Dilution	-53.56%	-50.96%	-59.09%	-6.65%	-32.27%	-123.70%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.