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GBAR – Monarch Mining Corp

Compliant

★★★☆☆

Monarch Mining Corp is Shariah compliant. The company’s financials pass three standards and fail in two.

$42,698,551

Market cap

-

Revenue Growth

BUY

Analysts' Rating

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Recommendation Rating

2

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 1.11

Low: 0.99

High: 1.19

Total Analysts: 2

Company Profile

Monarch Mining Corporation is a Canada-based is an integrated mining company located in the prolific Abibiti mining camp. The Company owns four projects, such as the Beaufor, Croinor Gold, McKenzie Break and Swanson projects. The Company holds a 100% interest in the Beaufor Mine, which includes two mining leases, a mining concession and approximately 23 mining claims covering an area of 6.91 square kilometers (km2) Croinor Gold property consists of one mining lease for a total of approximately 337 claims over a 151.88 km2 area. The McKenzie Break property is located in an area with existing infrastructure and several mills. Swanson property hosts a gold deposit located approximately 65 kilometers (km) from the Beacon mill and 12 km northeast of Barraute, Quebec. The Company owns more than 295 km2 of mining assets in the prolific Abitibi mining camp, representing a combined portfolio of approximately 478,982 ounces of M&I gold resources, and 383,393 ounces of inferred resources.

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