Mayfair Gold Corp. (MFGCD) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Mayfair Gold Corp. (MFGCD) trades at $4.46. Mayfair Gold Corp. is a Canadian company focused on acquiring, exploring, and developing mineral properties, primarily the Fenn-Gib gold project in northeast Ontario. Market cap: $298M, Sector: Basic materials.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for MFGCD: MFGCD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MFGCD against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
MFGCD: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →Mayfair Gold Corp. (MFGCD) Materials & Commodity Exposure
Mayfair Gold Corp. is a Canadian gold exploration and development company focused on its Fenn-Gib project in Ontario, holding significant patented properties and mining claims. With a negative P/E ratio and no dividend, the company is positioned for potential growth through resource development in the basic materials sector.
What Is the Investment Thesis for MFGCD?
Mayfair Gold Corp. presents an investment opportunity based on its Fenn-Gib gold project. The company's focus on exploration and resource development in a historically productive gold region could drive value creation. Key value drivers include successful exploration results leading to increased resource estimates and the potential for future mine development. The company's market capitalization is $0.30 billion as of March 2026. A potential catalyst is the ongoing exploration programs at Fenn-Gib, which could yield positive results and attract further investment. However, the negative P/E ratio of -29.56 indicates that the company is currently not profitable, representing a risk factor. The company's beta of 0.16 suggests low volatility compared to the market.
Based on FMP financials and quantitative analysis
MFGCD Key Highlights
Mayfair Gold Corp. holds 100% interest in the Fenn-Gib gold project, a significant asset in northeast Ontario.
- The Fenn-Gib project comprises 21 fee simple patented properties, 153 patented leasehold mining claims, and 144 unpatented mining claims.
- The company's properties cover an area of approximately 4,800 hectares in the Guibord, Munro, Michaud, and McCool Townships.
- Mayfair Gold Corp. was incorporated in 2019 and is based in Matheson, Canada.
- The company's market capitalization is $0.30 billion as of March 2026.
Who Are MFGCD's Competitors?
MFGCD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ABMBF Abcourt Mines Inc. | $0.06 | -15.87% | $67.1M | 39 |
| AIRRF Aurion Resources Ltd. | $1.85 | -0.27% | $313M | 45 |
| BSAI BluSky AI, Inc. | $11.53 | -17.32% | $288M | — |
| MLMLF McFarlane Lake Mining Limited | $0.34 | +8.41% | $92.4M | 48 |
| SLMXF Slam Exploration Ltd. | $0.06 | -0.09% | $7.32M | 42 |
| ERRSF EURO Ressources S.A. | $3.30 | +8.20% | $251M | 59 |
| MMTMF Monument Mining Limited | $0.71 | +3.26% | $247M | 59 |
| WMWWF West Wits Mining Limited | $0.55 | +0.00% | $239M | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MFGCD's Key Strengths?
Strategic land position in a prolific gold mining region.
- 100% ownership of the Fenn-Gib gold project.
- Extensive patented properties and mining claims.
- Experienced management team.
What Are MFGCD's Weaknesses?
Negative P/E ratio indicates current lack of profitability.
- Reliance on a single project (Fenn-Gib).
- Limited operating history as a relatively new company.
- Dependence on raising capital to fund exploration and development activities.
What Could Drive MFGCD Stock Higher?
Exploration drilling results from the Fenn-Gib project.
- Completion of an updated resource estimate for Fenn-Gib.
- Announcement of a preliminary economic assessment (PEA) or feasibility study.
- Potential strategic partnerships or joint ventures.
- Improved gold market conditions.
What Are the Key Risks for MFGCD?
Negative return on equity (-36.9%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Fluctuations in gold prices.
- Uncertainty in exploration results.
- Environmental regulations and permitting requirements.
- Competition from other gold mining companies.
- Dependence on raising capital to fund operations.
What Are the Growth Opportunities for MFGCD?
- Expansion of Fenn-Gib Resource: Mayfair Gold has the opportunity to significantly expand the existing gold resource at the Fenn-Gib project through continued exploration and drilling programs. Successful exploration could lead to a substantial increase in the project's resource base, enhancing its economic viability and attracting further investment. The timeline for resource expansion is ongoing, with continuous drilling and geological studies planned. The market size for gold resources in the Abitibi Greenstone Belt is substantial, given its historical gold production and geological potential.
- Advancement to Feasibility Study: Progressing the Fenn-Gib project to a feasibility study represents a significant growth opportunity for Mayfair Gold. A positive feasibility study would demonstrate the project's economic viability and technical feasibility, paving the way for potential mine development. The timeline for completing a feasibility study is estimated to be within the next 2-3 years, contingent on successful exploration results and permitting approvals. The market size for gold projects with feasibility studies is considerable, as they attract interest from larger mining companies and investors.
- Strategic Partnerships and Joint Ventures: Mayfair Gold could pursue strategic partnerships or joint ventures with other mining companies to accelerate the development of the Fenn-Gib project. Collaborating with a larger, more established company could provide access to additional capital, technical expertise, and operational support. The timeline for forming strategic partnerships is uncertain but could occur within the next 1-2 years. The market size for joint ventures in the gold mining sector is significant, with numerous examples of successful collaborations leading to mine development.
- Acquisition of Additional Properties: Mayfair Gold has the opportunity to acquire additional mineral properties in the Abitibi Greenstone Belt or other prospective gold mining regions. Expanding its portfolio of projects could diversify its asset base and increase its overall resource potential. The timeline for acquiring additional properties is opportunistic, depending on market conditions and available opportunities. The market size for mineral property acquisitions is substantial, with numerous properties available for acquisition or option.
- Improved Gold Market Conditions: A sustained increase in gold prices could significantly enhance the economics of the Fenn-Gib project and make it more attractive to investors. Higher gold prices would increase the potential revenue and profitability of a future mine, improving the project's net present value and internal rate of return. The timeline for improved gold market conditions is uncertain but dependent on macroeconomic factors and investor sentiment. The market size for gold is global, with prices influenced by supply and demand dynamics, inflation expectations, and geopolitical events.
What Are MFGCD's Competitive Advantages?
- Strategic land position in the Abitibi Greenstone Belt, a prolific gold mining region.
- 100% ownership of the Fenn-Gib gold project.
- Extensive patented properties and mining claims.
- Experienced management team with expertise in mineral exploration and development.
What Does MFGCD Do?
Mayfair Gold Corp., incorporated in 2019 and based in Matheson, Canada, is a mineral exploration and development company focused on acquiring and advancing gold projects. The company's primary asset is the Fenn-Gib gold project, located in the Guibord, Munro, Michaud, and McCool Townships in northeast Ontario, Canada. This project comprises 21 fee simple patented properties, 153 patented leasehold mining claims, and 144 unpatented mining claims, covering approximately 4,800 hectares. Mayfair Gold's strategy revolves around systematically exploring and evaluating the Fenn-Gib property to define and expand its gold resources. The company aims to unlock the project's potential through geological studies, drilling programs, and metallurgical testing. By focusing on the Fenn-Gib project, Mayfair Gold seeks to establish itself as a significant player in the Canadian gold mining sector. Since its inception, Mayfair Gold has concentrated its efforts on consolidating its land position and advancing the Fenn-Gib project towards potential development. The company operates exclusively in Canada, focusing on the prolific Abitibi Greenstone Belt, known for its rich gold deposits. Mayfair Gold's competitive positioning relies on its strategic landholding, experienced management team, and commitment to sustainable exploration practices.
What Products and Services Does MFGCD Offer?
- Acquires mineral properties with potential for gold deposits.
- Explores acquired properties through geological surveys and drilling programs.
- Evaluates mineral resources to determine economic viability.
- Develops mineral properties into potential mining operations.
- Focuses on the Fenn-Gib gold project in northeast Ontario, Canada.
- Manages patented properties and mining claims.
- Conducts metallurgical testing to optimize gold recovery.
How Does MFGCD Make Money?
- Acquire promising mineral properties.
- Explore and evaluate properties to define gold resources.
- Attract investment based on resource potential.
- Potentially develop a mining operation or sell/partner on the property.
What Industry Does MFGCD Operate In?
Mayfair Gold Corp. operates within the gold mining industry, a sector characterized by fluctuating gold prices and high capital intensity. The industry is influenced by macroeconomic factors, geopolitical events, and investor sentiment towards safe-haven assets. Companies like Mayfair Gold compete with larger, established gold producers and other exploration companies for capital and resources. The competitive landscape includes companies such as ABMBF (Allied Gold Corp), AIRRF (Aurelius Minerals Inc), BSAI (Basin Uranium Corp), MLMLF (Millennial Lithium Corp), and SLMXF (Silver Mountain Resources Inc).
Who Are MFGCD's Key Customers?
- Potential investors seeking exposure to gold exploration and development.
- Larger mining companies interested in acquiring or partnering on advanced-stage projects.
- Shareholders who benefit from increased asset value through successful exploration.
Financial Health
Mayfair Gold Corp.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
MFGCD Valuation & Market Position
With a $298M market cap, Mayfair Gold Corp. sits in the micro-cap segment of the market.
Key Financial Metrics
Return on equity for Mayfair Gold Corp. stands at -36.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -32.6%, showing how much profit it generates from its asset base. Its free cash flow yield is -7.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 11.74 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -6.9%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
Mayfair Gold Corp. operates in the Gold industry within the Basic Materials sector. It is headquartered in Matheson, CA. The company is led by CEO Nicholas Campbell. MFGCD has traded publicly since 2021.
MFGCD Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
- Strategic land position in a prolific gold mining region.
- 100% ownership of the Fenn-Gib gold project.
- Extensive patented properties and mining claims.
- Experienced management team.
Bear Case
- Negative P/E ratio indicates current lack of profitability.
- Reliance on a single project (Fenn-Gib).
- Limited operating history as a relatively new company.
- Dependence on raising capital to fund exploration and development activities.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
MFGCD Latest News
No recent news available for MFGCD.
MFGCD Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MFGCD.
Price Targets
Wall Street price target analysis for MFGCD.
MFGCD MoonshotScore
What does this score mean?
The MoonshotScore rates MFGCD 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Nicholas Campbell
CEO
Nicholas Campbell is the CEO of Mayfair Gold Corp. His background includes extensive experience in the mining and resource sector, with a focus on exploration and project development. He has held various leadership positions in junior mining companies, overseeing exploration programs, resource estimation, and project feasibility studies. Campbell's expertise lies in identifying and advancing mineral projects with significant growth potential. He has a strong understanding of geological principles, mining operations, and capital markets.
Track Record: Under Nicholas Campbell's leadership, Mayfair Gold Corp. has focused on advancing the Fenn-Gib gold project through exploration and resource definition. Key milestones include consolidating the land position at Fenn-Gib, conducting drilling programs to expand the resource base, and initiating metallurgical testing to optimize gold recovery. Campbell has also been instrumental in raising capital to fund the company's exploration activities.
MFGCD OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Mayfair Gold Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may be subject to less regulatory oversight compared to companies listed on major exchanges like the NYSE or NASDAQ. Investing in OTC Other stocks carries higher risks due to the potential for limited information, price volatility, and liquidity constraints.
- OTC Tier: OTC Other
- Limited liquidity and potential for price volatility.
- Lack of regulatory oversight compared to major exchanges.
- Potential for limited financial disclosure.
- Higher risk of fraud or manipulation.
- Dependence on raising capital to fund operations.
- Verify the company's financial statements and disclosures.
- Research the management team and their track record.
- Assess the company's business model and competitive position.
- Evaluate the company's legal and regulatory compliance.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Confirm share structure and outstanding shares.
- Experienced management team with a track record in the mining industry.
- Strategic land position in a known gold-producing region.
- Ongoing exploration and resource development activities.
- Independent technical reports on the Fenn-Gib project.
- Active engagement with investors and stakeholders.
Mayfair Gold Corp. Basic Materials Stock: Key Questions Answered
What does Mayfair Gold Corp. do?
Mayfair Gold Corp. is a Canadian company focused on the acquisition, exploration, and development of gold properties, with its primary asset being the Fenn-Gib gold project in northeast Ontario. The company's business model involves acquiring promising mineral properties, conducting exploration activities to define gold resources, and attracting investment based on the resource potential.
What are the main risks for MFGCD?
Mayfair Gold Corp. faces several risks inherent to the gold exploration and development industry. These include fluctuations in gold prices, which can impact the economic viability of the Fenn-Gib project. Uncertainty in exploration results poses a risk, as there is no guarantee that exploration activities will lead to the discovery of commercially viable gold deposits.
What are the key factors to evaluate for MFGCD?
Evaluate MFGCD on fundamentals, analyst consensus, and risk factors. Mayfair Gold Corp. presents an investment opportunity based on its Fenn-Gib gold project. Not financial advice.
How frequently does MFGCD data refresh on this page?
MFGCD's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven MFGCD's recent stock price performance?
Mayfair Gold Corp. (MFGCD) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strategic land position in a prolific gold mining region. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider MFGCD overvalued or undervalued right now?
Mayfair Gold Corp. (MFGCD) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research MFGCD before investing?
Before investing in Mayfair Gold Corp. (MFGCD), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding MFGCD to a portfolio?
Key strength of Mayfair Gold Corp. (MFGCD): Strategic land position in a prolific gold mining region. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available sources and may be subject to change.
- AI analysis is pending and may provide additional insights.