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Patagonia GoldHGLD 29 EV-to-OCF is -46.47 as of Aug. 05, 2026. GuruFocus rates HGLD with a GF Score™ of 29/100 and a GF Value™ of $0.03 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,670 Metals & Mining companies, Patagonia Gold ranks better than 86.48% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Patagonia Gold's Enterprise Value is $206.92 Mil.
Patagonia Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-4.45 Mil. Therefore, Patagonia Gold's EV-to-OCF for today is -46.47.
The historical rank and industry rank for Patagonia Gold's EV-to-OCF or its related term are showing as below:
HGLD'
s EV-to-OCF Range Over the Past 10 Years
Min: -235.25 Med: -7.51 Max: 409.19
Current: -46.47
During the past 13 years, the highest EV-to-OCF of Patagonia Gold was 409.19. The lowest was -235.25. And the median was -7.51.
HGLD's EV-to-OCF is ranked better than 86.48% of 2670
companies
in the Metals & Mining industry
Industry Median: -8.355
vs HGLD: -46.47
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Patagonia Gold's PE Ratio (TTM) for today is calculated as:
Patagonia Gold's share price for today is $0.30.
Patagonia Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.019.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Patagonia Gold EV-to-OCF Related Terms
Patagonia Gold EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Patagonia Gold's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Precious Metals & Mining subindustry, Patagonia Gold's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Patagonia Gold EV-to-OCF vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Patagonia Gold's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Patagonia Gold's EV-to-OCF falls into.
Patagonia Gold's current Enterprise Value is $206.92 Mil.
Patagonia Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.45 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Patagonia Gold (HGLD) has a EV-to-OCF of -46.47 as of Aug. 05, 2026. According to the industry distribution chart, Patagonia Gold ranks #361 out of 2670 companies in the Metals & Mining industry, placing it in the top 13.5%.
Is Patagonia Gold's EV-to-OCF too high?
Patagonia Gold's current EV-to-OCF is -46.47. Based on the distribution chart, Patagonia Gold ranks #361 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Patagonia Gold has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patagonia Gold's EV-to-OCF compare to HL?
According to the Metals & Mining industry distribution chart, Patagonia Gold ranks #361 out of 2670 companies for EV-to-OCF. This places Patagonia Gold in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Patagonia Gold's current EV-to-OCF is -46.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patagonia Gold stock overvalued right now?
Based on GuruFocus' analysis, Patagonia Gold (HGLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.30 — trading 900% above its estimated fair value. The current EV-to-OCF is -46.47. Patagonia Gold's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Patagonia Gold (HGLD), the current EV-to-OCF is -46.47 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Patagonia Gold (HGLD) Overvalued in 2026?
Based on GuruFocus' analysis, Patagonia Gold stock appears to be overvalued.
The current stock price of $0.30 is trading 900% above its estimated GF Value™ of $0.03.
GuruFocus considers Patagonia Gold to be Significantly Overvalued.
Key valuation signals for HGLD:
EV-to-OCF: -46.47
GF Value™: $0.03 vs. price of $0.30 (900% above fair value)
No single metric tells the full story. See the HGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina and Chile. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria and others.
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