Mackay Gold & Silver (TSXV:MACK) EV-to-OCF: -37,830.11 (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:MACK Mackay Gold & Silver Corp TSXV:MACK
17 GF Score
Price C$2.90
! 1 Warning Sign
View Full Analysis

What is Mackay Gold & Silver EV-to-OCF?

Mackay Gold & Silver TSXV:MACK -1.02% 17 EV-to-OCF is -37,830.11 as of Sep. 20, 2026. GuruFocus rates TSXV:MACK with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,676 Metals & Mining companies, Mackay Gold & Silver ranks better than 90.1% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Mackay Gold & Silver's Enterprise Value is C$248.28 Mil. Mackay Gold & Silver's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.01 Mil. Therefore, Mackay Gold & Silver's EV-to-OCF for today is -37,830.11.

The historical rank and industry rank for Mackay Gold & Silver's EV-to-OCF or its related term are showing as below:

TSXV:MACK' s EV-to-OCF Range Over the Past 10 Years
Min: -66.3   Med: 0   Max: -66.3
Current: -66.3

During the past 7 years, the highest EV-to-OCF of Mackay Gold & Silver was -66.30. The lowest was -66.30. And the median was .

TSXV:MACK's EV-to-OCF is ranked better than
90.1% of 2676 companies
in the Metals & Mining industry
Industry Median: -8.48 vs TSXV:MACK: -66.30

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.

As of today (2026-09-20), Mackay Gold & Silver's stock price is C$2.90. Mackay Gold & Silver's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.034. Therefore, Mackay Gold & Silver's PE Ratio (TTM) for today is At Loss.


Mackay Gold & Silver  (TSXV:MACK) EV-to-OCF Explanation

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.

Mackay Gold & Silver's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.90/-0.034
=At Loss

Mackay Gold & Silver's share price for today is C$2.90.
Mackay Gold & Silver's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.034.

* 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.


Mackay Gold & Silver EV-to-OCF Related Terms


Mackay Gold & Silver EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Mackay Gold & Silver'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.

Mackay Gold & Silver EV-to-OCF Chart

Mackay Gold & Silver Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial -7.19 -0.35 0.62 0.19 -0.78

Mackay Gold & Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.61 -0.78 -1.04 19.85 -10.91

TSXV:MACK vs NEM, AU: EV-to-OCF Comparison

For the Gold subindustry, Mackay Gold & Silver'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.


Mackay Gold & Silver EV-to-OCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mackay Gold & Silver's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Mackay Gold & Silver's EV-to-OCF falls into.


TSXV:MACK
17GF Score
Mackay Gold & Silver Corp TSXV:MACK
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mackay Gold & Silver EV-to-OCF Calculation

Mackay Gold & Silver's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=248.279/-0.006563
=-37,830.11

Mackay Gold & Silver's current Enterprise Value is C$248.28 Mil.
Mackay Gold & Silver's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of -37,830.11 mean?
Mackay Gold & Silver (TSXV:MACK) has a EV-to-OCF of -37,830.11 as of Sep. 20, 2026. According to the industry distribution chart, Mackay Gold & Silver ranks #265 out of 2676 companies in the Metals & Mining industry, placing it in the top 9.9%.
Is Mackay Gold & Silver's EV-to-OCF too high?
Mackay Gold & Silver's current EV-to-OCF is -37,830.11. Based on the distribution chart, Mackay Gold & Silver ranks #265 out of 2676 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mackay Gold & Silver has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mackay Gold & Silver's EV-to-OCF compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mackay Gold & Silver ranks #265 out of 2676 companies for EV-to-OCF. This places Mackay Gold & Silver in the top 10% 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. Mackay Gold & Silver's current EV-to-OCF is -37,830.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mackay Gold & Silver stock overvalued right now?
Mackay Gold & Silver (TSXV:MACK) has a current EV-to-OCF of -37,830.11. The current EV-to-OCF is -37,830.11. Mackay Gold & Silver's overall GF Score™ is 17/100 with 1 warning sign 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 Mackay Gold & Silver (TSXV:MACK), the current EV-to-OCF is -37,830.11 as of Sep. 20, 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.

Mackay Gold & Silver Business Description

Other Exchanges MKGSF:USA
Address 375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Mackay Gold & Silver Corp is an exploration company operating in Nevada's historic Comstock District, a globally recognized gold-silver mining region. The Company controls a large, continuous land package prospective for high-grade epithermal gold and silver deposits and leverages modern geological modelling, structural interpretation, and targeted drilling to advance discoveries. The group is focused on generating long-term value through disciplined exploration in a Tier-1 mining jurisdiction. It operates in Comstock Gold & Silver Project.
17GF Score

Get the complete analysis for TSXV:MACK

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.90
Price