Montage Gold Corp. (MAU) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Montage Gold Corp. (MAU) has a cash flow conversion efficiency ratio of -0.033x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-4.00 Million) by net assets (CA$120.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Montage Gold Corp. - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Montage Gold Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Montage Gold Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Montage Gold Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alfen N.V.
LSE:0AAO
|
-0.282x |
|
MOAR3F
SA:MOAR3F
|
N/A |
|
MTSA4F
SA:MTSA4F
|
N/A |
|
NextNav Inc. Warrant
NASDAQ:NNAVW
|
0.405x |
|
RSUL4F
SA:RSUL4F
|
N/A |
|
SANKYO
MU:SOK
|
N/A |
|
CFE SA
STU:C70
|
0.735x |
|
SAGE GRP - Dusseldorf Stock Exchang
DU:SGK1
|
N/A |
Annual Cash Flow Conversion Efficiency for Montage Gold Corp. (2018–2024)
The table below shows the annual cash flow conversion efficiency of Montage Gold Corp. from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$205.43 Million | CA$-45.77 Million | -0.223x | +43.25% |
| 2023-12-31 | CA$44.34 Million | CA$-17.41 Million | -0.393x | -146.58% |
| 2022-12-31 | CA$49.80 Million | CA$-7.93 Million | -0.159x | +84.29% |
| 2021-12-31 | CA$22.31 Million | CA$-22.62 Million | -1.014x | -382.44% |
| 2020-12-31 | CA$44.58 Million | CA$-9.37 Million | -0.210x | -17.57% |
| 2019-12-31 | CA$21.07 Million | CA$-3.77 Million | -0.179x | +76.71% |
| 2018-12-31 | CA$5.68 Million | CA$-4.36 Million | -0.767x | -- |
About Montage Gold Corp.
Montage Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Africa. Its flagship property is the 90% owned Koné Gold project covering an area of 1,679 square kilometers located in the Côte d'Ivoire, West Africa. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.