Boreal Gold (XCNQ:BGLD) Enterprise Value: C$2.65 Mil (As of Aug. 19, 2026) ***

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XCNQ:BGLD Boreal Gold Inc XCNQ:BGLD
14 GF Score
Price C$0.19
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What is Boreal Gold Enterprise Value?

Boreal Gold XCNQ:BGLD -9.52% 14 Enterprise Value is C$2.65 Mil as of Aug. 19, 2026. GuruFocus rates XCNQ:BGLD with a GF Score™ of 14/100.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Boreal Gold's Enterprise Value is C$2.65 Mil. Boreal Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was C$-0.91 Mil. Therefore, Boreal Gold's EV-to-EBIT ratio for today is -2.93.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Boreal Gold's Enterprise Value is C$2.65 Mil. Boreal Gold's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was C$-0.88 Mil. Therefore, Boreal Gold's EV-to-EBITDA ratio for today is -3.00.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Boreal Gold's Enterprise Value is C$2.65 Mil. Boreal Gold's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was C$0.00 Mil. Therefore, Boreal Gold's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Boreal Gold's Enterprise Value is C$2.65 Mil. Boreal Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was C$-0.42 Mil. Therefore, Boreal Gold's EV-to-OCF ratio for today is -6.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Boreal Gold's Enterprise Value is C$2.65 Mil. Boreal Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was C$-0.42 Mil. Therefore, Boreal Gold's EV-to-FCF ratio for today is -6.33.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Boreal Gold  (XCNQ:BGLD) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Boreal Gold's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.653/-0.906
=-2.93

Boreal Gold's current Enterprise Value is C$2.65 Mil.
Boreal Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.91 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Boreal Gold's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2.653/-0.883
=-3.00

Boreal Gold's current Enterprise Value is C$2.65 Mil.
Boreal Gold's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.88 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Boreal Gold's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2.653/0
=

Boreal Gold's current Enterprise Value is C$2.65 Mil.
Boreal Gold's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Boreal Gold's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2.653/-0.419
=-6.33

Boreal Gold's current Enterprise Value is C$2.65 Mil.
Boreal Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.42 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Boreal Gold's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2.653/-0.419
=-6.33

Boreal Gold's current Enterprise Value is C$2.65 Mil.
Boreal Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.42 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.


Boreal Gold Enterprise Value Related Terms


Boreal Gold Enterprise Value Historical Data

* Premium members only.

The historical data trend for Boreal Gold's Enterprise Value 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.

Boreal Gold Enterprise Value Chart

Boreal Gold Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Enterprise Value
0.00 0.00 0.00 2.91

Boreal Gold Quarterly Data
Aug22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.56 3.16 2.91 3.30 6.76

XCNQ:BGLD vs NEM, AU: Enterprise Value Comparison

For the Gold subindustry, Boreal Gold's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Boreal Gold Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Boreal Gold's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Boreal Gold's Enterprise Value falls into.


XCNQ:BGLD
14GF Score
Boreal Gold Inc XCNQ:BGLD
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Boreal Gold Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Boreal Gold's Enterprise Value for the fiscal year that ended in Aug. 2025 is calculated as

Boreal Gold's Enterprise Value for the quarter that ended in Feb. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of C$2.65 Mil mean?
Boreal Gold (XCNQ:BGLD) has a Enterprise Value of C$2.65 Mil as of Aug. 19, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Boreal Gold and its competitors.
Is Boreal Gold's Enterprise Value too high?
Boreal Gold's current Enterprise Value is C$2.65 Mil. Overall, Boreal Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Boreal Gold's Enterprise Value compare to NEM and AU?
Boreal Gold's Enterprise Value of C$2.65 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Boreal Gold and its competitors. Boreal Gold's current Enterprise Value is C$2.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boreal Gold stock overvalued right now?
Boreal Gold (XCNQ:BGLD) has a current Enterprise Value of C$2.65 Mil. The current Enterprise Value is C$2.65 Mil. Boreal Gold's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Boreal Gold (XCNQ:BGLD), the current Enterprise Value is C$2.65 Mil as of Aug. 19, 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.

Boreal Gold Business Description

Address 12 Mitchell Road, Box 306, Flin Flon, Winnipeg, MB, CAN, R8A 1N1
Boreal Gold Inc is an exploration and development Company. The company is engaged in exploring and developing the copper-zinc gold deposits in Snow Lake Manitoba via two primary target areas, the Melgurd property, and the Fay Lake property. The company focuses on gold in the Flin Flon Mining Camp of Manitoba and Saskatchewan.
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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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