ONYX GOLD CORP (ONYX.CA) Stock Fundamental Analysis

TSX-V:ONYX • CA68339G1037

1.94 CAD
+0.1 (+5.43%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

2

Overall ONYX gets a fundamental rating of 2 out of 10. We evaluated ONYX against 816 industry peers in the Metals & Mining industry. The financial health of ONYX is average, but there are quite some concerns on its profitability. ONYX does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year ONYX has reported negative net income.
  • In the past year ONYX has reported a negative cash flow from operations.
ONYX.CA Yearly Net Income VS EBIT VS OCF VS FCFONYX.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2023 2024 2025 -2M -4M -6M

1.2 Ratios

  • ONYX has a better Return On Assets (-3.68%) than 75.65% of its industry peers.
  • The Return On Equity of ONYX (-3.96%) is better than 77.63% of its industry peers.
Industry RankSector Rank
ROA -3.68%
ROE -3.96%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ONYX.CA Yearly ROA, ROE, ROICONYX.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2023 2024 2025 -1 -2 -3 -4 -5

1.3 Margins

  • ONYX does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ONYX.CA Yearly Profit, Operating, Gross MarginsONYX.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2023 2024 2025

5

2. Health

2.1 Basic Checks

  • ONYX has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, ONYX has a worse debt to assets ratio.
ONYX.CA Yearly Shares OutstandingONYX.CA Yearly Shares OutstandingYearly Shares Outstanding 2024 2025 10M 20M 30M 40M 50M
ONYX.CA Yearly Total Debt VS Total AssetsONYX.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2024 2025 5M 10M 15M 20M 25M

2.2 Solvency

  • ONYX has an Altman-Z score of 33.56. This indicates that ONYX is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of ONYX (33.56) is better than 75.28% of its industry peers.
  • A Debt/Equity ratio of 0.00 indicates that ONYX is not too dependend on debt financing.
  • ONYX has a Debt to Equity ratio of 0.00. This is comparable to the rest of the industry: ONYX outperforms 54.26% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 33.56
ROIC/WACCN/A
WACCN/A
ONYX.CA Yearly LT Debt VS Equity VS FCFONYX.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2024 2025 0 10M 20M

2.3 Liquidity

  • ONYX has a Current Ratio of 5.15. This indicates that ONYX is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 5.15, ONYX is in the better half of the industry, outperforming 72.56% of the companies in the same industry.
  • ONYX has a Quick Ratio of 5.15. This indicates that ONYX is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 5.15, ONYX is in the better half of the industry, outperforming 72.81% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 5.15
Quick Ratio 5.15
ONYX.CA Yearly Current Assets VS Current LiabilitesONYX.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2024 2025 1M 2M 3M 4M

0

3. Growth

3.1 Past

  • ONYX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.22%, which is quite impressive.
EPS 1Y (TTM)27.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-14.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • The Earnings Per Share is expected to decrease by -15.85% on average over the next years. This is quite bad
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-0.66%
EPS Next 2Y-15.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ONYX.CA Yearly EPS VS EstimatesONYX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2026 2027 -0.01 -0.02 -0.03

0

4. Valuation

4.1 Price/Earnings Ratio

  • ONYX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year ONYX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ONYX.CA Price Earnings VS Forward Price EarningsONYX.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 -40 60 -60

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ONYX.CA Per share dataONYX.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 0.2 0.3 0.4

4.3 Compensation for Growth

  • A cheap valuation may be justified as ONYX's earnings are expected to decrease with -15.85% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.85%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for ONYX!.
Industry RankSector Rank
Dividend Yield 0%

ONYX GOLD CORP

TSX-V:ONYX (2/27/2026, 7:00:00 PM)

1.94

+0.1 (+5.43%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners16.36%
Inst Owner ChangeN/A
Ins Owners2.71%
Ins Owner ChangeN/A
Market Cap165.73M
Revenue(TTM)N/A
Net Income(TTM)-1.54M
Analysts80
Price Target2.88 (48.45%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 4.27
P/tB 4.27
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)-0.04
Fwd EYN/A
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0
BVpS0.45
TBVpS0.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.68%
ROE -3.96%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 23727.5%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.15
Quick Ratio 5.15
Altman-Z 33.56
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.22%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-14.67%
EPS Next Y-0.66%
EPS Next 2Y-15.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-93.2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y41.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.83%
OCF growth 3YN/A
OCF growth 5YN/A

ONYX GOLD CORP / ONYX.CA FAQ

What is the fundamental rating for ONYX stock?

ChartMill assigns a fundamental rating of 2 / 10 to ONYX.CA.


What is the valuation status for ONYX stock?

ChartMill assigns a valuation rating of 0 / 10 to ONYX GOLD CORP (ONYX.CA). This can be considered as Overvalued.


How profitable is ONYX GOLD CORP (ONYX.CA) stock?

ONYX GOLD CORP (ONYX.CA) has a profitability rating of 1 / 10.


How financially healthy is ONYX GOLD CORP?

The financial health rating of ONYX GOLD CORP (ONYX.CA) is 5 / 10.