Verdict
Undervalued
What is Cambria Gold Mines Inc. (CAMB.V) worth?
Currently $0.83 — 21% discount to Dolphy’s fair value · ● live
Asset / NAV
low confidence in the point estimate
— for this profile, read the range & what the price implies, not the single number
● live · as of 2026-07-28 06:08 · Market cap $309.6M
As of 2026-07-28, Cambria Gold Mines Inc. (CAMB.V) looks undervalued. Dolphy estimates a fair value of $1.05 versus a current price of $0.83 — a 21% discount to fair value.
Executive summary
Cambria Gold Mines (formerly Ascot Resources, renamed January 2026) owns 100% of the Premier Gold Project, a built gold mine and mill in northwest British Columbia that failed to reach planned output under the prior management and was heavily impaired in 2025. Through late 2025 and early 2026 the company recapitalized — raising roughly C$190M of equity, repaying debt, and expanding the share count from ~46M to ~373M — leaving ~C$132M cash and net cash of roughly C$52M as of March 2026.
There is no revenue and the company burns cash; standard earnings multiples are meaningless. This is an asset/NAV story: the value is a risked estimate of what the restarted Premier mine is worth at today's elevated gold prices, less further funding needs, weighed against the demonstrated risk of another operational shortfall. Our risked NAV base case is ~C$1.02/share and the scenario-weighted expected value is ~C$1.05-1.09. Confidence is low by design — the payoff distribution is wide and execution-dependent, and public disclosure is thin (no EDGAR filings, no earnings transcript).
How we value it
Risked NAV / SOTP with probability-weighted scenarios
Every figure is computed from SEC filings by the analyst’s calculator tools and fact-checked by a second, independent model.
Investment thesis
About Cambria Gold Mines Inc.
Cambria Gold Mines Inc. engages in the exploration, evaluation, and development of mineral properties in the United States and Canada. The company explores for gold, silver, copper, porphyry copper, and molybdenum deposits. Its principal property is the 100% owned Premier Gold project covering an area of approximately 25 km located on the northwest of the town of Stewart, British Columbia. The company was formerly known as Ascot Resources Ltd. and changed its name to Cambria Gold Mines Inc. in January 2026. The company was incorporated in 1986 and is headquartered in Vancouver, Canada.
Frequently asked questions
Is CAMB.V a buy?
As of 2026-07-28, Cambria Gold Mines Inc. (CAMB.V) looks undervalued. Dolphy estimates a fair value of $1.05 versus a current price of $0.83 — a 21% discount to fair value.
What is CAMB.V's fair value?
Dolphy's estimated fair value for Cambria Gold Mines Inc. (CAMB.V) is $1.05, versus a current market price of $0.83.
Is CAMB.V overvalued or undervalued?
Cambria Gold Mines Inc. (CAMB.V) currently looks undervalued — trading at a 21% discount to Dolphy's estimated fair value of $1.05.
Other companies covered
AI-generated research by Dolphy for educational and informational purposes only — not investment advice. Figures are computed from public sources and may contain errors.