Mayfair Gold Corp. (MFGCF) Stock Analysis
DELISTED 2026
What happened to Mayfair Gold Corp. (MFGCF) stock?
Mayfair Gold Corp. (MFGCF) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.
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. (MFGCF) trades at $3.38. Mayfair Gold Corp. is an exploration-stage company focused on acquiring and developing mineral properties, primarily the Fenn-Gib gold project in northeast Ontario, Canada. Market cap: $192M, Sector: Basic materials.
Last analyzed: Mar 17, 2026Analyst Coverage for MFGCF: MFGCF 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 MFGCF against Basic Materials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
Mayfair Gold Corp. (MFGCF) Materials & Commodity Exposure
Mayfair Gold Corp., established in 2019, is a Canadian exploration company focused on its 100% interest in the Fenn-Gib gold project, a substantial land package in Ontario; the company operates in the competitive gold exploration sector, seeking to define and develop its resource base.
What Is the Investment Thesis for MFGCF?
Mayfair Gold Corp. presents an investment opportunity in the gold exploration sector, primarily driven by its 100% ownership of the Fenn-Gib gold project. The company's success hinges on the continued exploration and development of this project, with potential for significant resource expansion. Key value drivers include successful drilling results, updated resource estimates, and the eventual progression towards mine development. However, the company faces risks associated with exploration, financing, and permitting, typical of junior mining companies. The current market capitalization is $0.19 billion, and the company's P/E ratio is -29.00, reflecting its exploration-stage status.
Based on FMP financials and quantitative analysis
MFGCF Key Highlights
Mayfair Gold Corp. holds a 100% interest in the Fenn-Gib gold project, providing complete control over its development.
- The Fenn-Gib project covers a substantial area of 4,800 hectares in a historically productive gold region of Ontario, Canada.
- The company is focused on exploration and resource definition, aiming to increase the value of the Fenn-Gib project.
- Mayfair Gold Corp. is an exploration-stage company, indicating potential for high growth but also higher risk compared to producing mining companies.
- The company's stock trades on the OTC market, which may present liquidity challenges compared to major exchanges.
Who Are MFGCF's Competitors?
MFGCF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AUMBF 1911 Gold Corporation | $0.58 | +10.52% | $180M | 48 |
| GSHRF Gold X2 Mining Inc. | $6.39 | -3.33% | $646M | 48 |
| KFFLF KEFI Gold and Copper Plc | $0.01 | -25.00% | $207M | 45 |
| LONCF Loncor Gold Inc. | $1.01 | +0.50% | $184M | 44 |
| GGAZF Goldgroup Mining Inc. | $2.58 | -39.29% | $194M | 59 |
| WMWWF West Wits Mining Limited | $0.55 | +0.00% | $239M | 60 |
| MMTMF Monument Mining Limited | $0.69 | +5.50% | $239M | 59 |
| ERRSF EURO Ressources S.A. | $3.30 | +8.20% | $251M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are MFGCF's Key Strengths?
100% ownership of the Fenn-Gib gold project.
- Strategic location in a proven gold mining district.
- Significant exploration potential to expand the resource base.
- Experienced management team.
What Are MFGCF's Weaknesses?
Exploration-stage company with no current revenue generation.
- Reliance on equity financing to fund exploration activities.
- Exposure to fluctuations in gold prices.
- OTC market listing may limit liquidity.
What Could Drive MFGCF Stock Higher?
Release of updated resource estimate for the Fenn-Gib project.
- Commencement of a feasibility study for the Fenn-Gib project.
- Continued exploration drilling at the Fenn-Gib project.
- Securing strategic partnerships or joint ventures.
- Favorable changes in gold prices.
What Are the Key Risks for MFGCF?
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.
- Unsuccessful exploration results and failure to expand the gold resource.
- Inability to secure financing for development activities.
- Decline in gold prices.
- Changes in environmental regulations and permitting requirements.
- Operational risks associated with mining and exploration activities.
What Are the Growth Opportunities for MFGCF?
- Expansion of Fenn-Gib Resource: Mayfair Gold has the opportunity to significantly expand the known gold resource at the Fenn-Gib project through continued exploration drilling. Successful drilling campaigns could lead to a substantial increase in the resource estimate, enhancing the project's economic viability and attracting potential partners or acquirers. The timeline for resource expansion is ongoing, with continuous drilling programs planned. The market size is tied to the value of in-ground gold, which fluctuates with gold prices.
- Advancement to Feasibility Study: Progressing the Fenn-Gib project from exploration to a feasibility study represents a major growth opportunity. A positive feasibility study would demonstrate the economic viability of mining the deposit and pave the way for securing financing for mine construction. The timeline for completing a feasibility study is estimated at 2-3 years. The market size is linked to the potential revenue from future gold production.
- Strategic Partnerships and Joint Ventures: Mayfair Gold could pursue strategic partnerships or joint ventures with larger mining companies to accelerate the development of the Fenn-Gib project. Partnering with a major miner would provide access to capital, technical expertise, and operational experience, de-risking the project and potentially expediting its development. The timeline for securing a partnership is uncertain but could occur within the next 1-2 years. The market size is related to the value of the project and the terms of the partnership agreement.
- Acquisition of Additional Mineral Properties: Mayfair Gold could expand its portfolio by acquiring additional mineral properties in the Timmins-Porcupine mining camp or other prospective gold regions. Acquiring new properties would diversify the company's asset base and provide additional growth opportunities. The timeline for acquisitions is opportunistic and depends on market conditions. The market size is determined by the value of the acquired properties and their exploration potential.
- Improved Gold Market Conditions: A sustained increase in gold prices would significantly benefit Mayfair Gold by increasing the economic viability of the Fenn-Gib project and attracting investor interest. Higher gold prices would also make it easier for the company to raise capital for exploration and development. The timeline for improved gold market conditions is uncertain but is influenced by macroeconomic factors and investor sentiment. The market size is directly correlated to the price of gold.
What Are MFGCF's Competitive Advantages?
- 100% ownership of the Fenn-Gib gold project.
- Strategic land position in the Timmins-Porcupine mining camp.
- Potential for significant resource expansion at the Fenn-Gib project.
- Experienced management team with expertise in gold exploration and development.
What Does MFGCF Do?
Mayfair Gold Corp. was incorporated in 2019 and is an exploration-stage company dedicated to the acquisition, exploration, evaluation, and development of mineral properties. Its primary asset is the Fenn-Gib gold project, which spans 4,800 hectares in northeast Ontario, Canada. The Fenn-Gib project comprises 21 fee simple patented properties, 153 unpatented mining claims, and 144 patented leasehold mining claims across the Guibord, Munro, Michaud, and McCool Townships. The company's focus is on advancing the Fenn-Gib project through exploration and resource definition to potentially become a producing gold mine. Headquartered in Matheson, Canada, Mayfair Gold is committed to creating value through strategic exploration and development of its gold assets.
What Products and Services Does MFGCF Offer?
- Acquires mineral properties with gold exploration potential.
- Explores acquired properties to identify gold deposits.
- Evaluates the economic viability of identified gold deposits.
- Develops mineral properties into potential mining operations.
- Focuses primarily on its Fenn-Gib gold project in Ontario, Canada.
- Conducts drilling programs to expand the known gold resource.
- Works towards advancing the Fenn-Gib project to feasibility study stage.
How Does MFGCF Make Money?
- Acquire and explore mineral properties.
- Increase the value of properties through exploration and resource definition.
- Potentially develop properties into producing mines or sell them to larger mining companies.
- Raise capital through equity financing to fund exploration and development activities.
What Industry Does MFGCF Operate In?
Mayfair Gold Corp. operates within the gold exploration industry, a segment characterized by high risk and high reward. The industry is influenced by gold prices, geopolitical stability, and environmental regulations. Companies like Mayfair Gold compete with other junior explorers and major mining companies for resources and capital. The demand for gold as a safe-haven asset and a hedge against inflation drives exploration activities. The company's success depends on its ability to discover and develop economically viable gold deposits, navigating a complex regulatory and competitive landscape.
Who Are MFGCF's Key Customers?
- Not applicable, as an exploration-stage company, Mayfair Gold does not have direct customers.
- Potential future customers would be gold refiners and manufacturers if the Fenn-Gib project becomes a producing mine.
- Investors who purchase shares in the company are considered stakeholders.
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.
Mayfair Gold Corp. (MFGCF) Valuation Context
Valued at $192M, MFGCF is classified as a micro-cap stock.
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. MFGCF has traded publicly since 2021.
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.
Forward Outlook
Wall Street analysts project Mayfair Gold Corp. revenue of about $0 for fiscal 2026, with EPS near $-0.40.
MFGCF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2024
Bull Case vs Bear Case
Bull Case
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Bear Case
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MFGCF Latest News
No recent news available for MFGCF.
Leadership: Nicholas Campbell
CEO
Nicholas Campbell serves as the CEO of Mayfair Gold Corp. His background includes extensive experience in the mining and exploration sector. He has held various leadership positions in junior mining companies, overseeing exploration programs, resource estimation, and project development. Campbell's expertise lies in identifying and advancing promising mineral properties. He has a strong understanding of capital markets and financing strategies for junior mining companies.
Track Record: Since becoming CEO of Mayfair Gold Corp., Nicholas Campbell has focused on advancing the Fenn-Gib gold project through aggressive exploration programs. He has overseen successful drilling campaigns that have expanded the known gold resource. Campbell has also been instrumental in securing financing to support the company's exploration activities. His leadership has been focused on increasing shareholder value through strategic exploration and development.
MFGCF 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 may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the potential for less transparency and liquidity.
- OTC Tier: OTC Other
- Limited financial disclosure due to OTC Other tier status.
- Lower trading volumes and liquidity compared to major exchanges.
- Potential for price volatility and wider bid-ask spreads.
- Higher risk of fraud or manipulation due to less regulatory oversight.
- Difficulty in obtaining accurate and timely information about the company.
- Verify the company's financial statements and disclosures, if available.
- Research the company's management team and their track record.
- Assess the company's exploration results and resource estimates for the Fenn-Gib project.
- Evaluate the company's financing strategy and ability to raise capital.
- Understand the regulatory environment and permitting requirements for the Fenn-Gib project.
- Monitor the company's news releases and public filings for updates.
- Consult with a financial advisor before investing.
- 100% ownership of the Fenn-Gib gold project.
- Focus on exploration and resource definition.
- Experienced management team.
- Presence in a known gold mining district.
- Ongoing exploration activities and drilling programs.
What Investors Ask About Mayfair Gold Corp. (MFGCF) — Basic Materials
What happened to Mayfair Gold Corp. (MFGCF) stock?
Mayfair Gold Corp. (MFGCF) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.
Can I still buy MFGCF shares?
No. MFGCF stopped trading on public markets in January 2026, so the shares are not available through a broker. Anything you see quoted for MFGCF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before MFGCF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Mayfair Gold Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Mayfair Gold Corp. do?
Mayfair Gold Corp. is an exploration-stage company focused on acquiring, exploring, evaluating, and developing gold mineral properties. Its primary asset is the Fenn-Gib gold project in northeast Ontario, Canada. The company conducts drilling programs to identify and expand the known gold resource, with the goal of advancing the project towards feasibility study and potential mine development.
What do analysts say about MFGCF stock?
As an OTC-listed, exploration-stage company, Mayfair Gold Corp. may not have extensive analyst coverage. Investors should conduct their own due diligence and consider the company's exploration results, financial position, and management team when evaluating the stock. Key valuation metrics include the potential value of the Fenn-Gib gold project and the company's ability to secure financing for development.
What are the main risks for MFGCF?
Mayfair Gold Corp. faces several risks inherent to the gold exploration industry. These include the risk of unsuccessful exploration results, which could negatively impact the company's valuation. The company is also reliant on securing financing to fund its exploration and development activities, and any inability to raise capital could hinder its progress.
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 available data and may be subject to change.
- OTC market data may be less reliable than major exchange data.