Which companies are Gold X2 Mining's closest peers?

The cockpit's peer set: Amex Gold Mining (AMX.V), Caledonia Mining (CMCL), International Tower Hill Mines (ITH.TO), Vista Gold (VGZ), Entree Resources (ETG.TO), Deccan Gold Mines (DECNGOLD.NS), San Lorenzo Gold (SLG.V), New Murchison Gold (NMG.AX).

Is Gold X2 Mining expensive compared with its peers?

On price / book it trades at 3.65× against a peer median of 2.88×, 9th most expensive of 19 in its peer set. The share price implies a return on equity of about 54.2%; Gold X2 Mining delivers -36.2%, so the price asks more than the business earns today.

How has Gold X2 Mining stock performed?

Over six months to 6 Nov 2026 the shares returned -32.1% against -5.6% for the median peer; over one year +78.0%.

← CockpitCompetitor Analysis › AUXX.V Gold X2 Mining Inc.Open in the cockpit ↗

Gold X2 Mining Inc.AUXX.VCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals

Momentum laggard 9

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$409M

US dollars, full cap

Free float

83%

of shares outstanding

$/day

$422,139

20-day average traded

P/B

3.65×

price to book

ROE

-36.2%

delivered

Implied ROE

54.2%

what the price asks

Next earnings

21 days

27 Nov 2026

Close · CADC$5.66

1D+7.8%

1W+8.0%

1M-14.5%

3M-35.3%

6M-32.1%

YTD+40.8%

1Y+78.0%

ATR %6.6%

52w lowhigh52.8% off high

What Gold X2 Mining does

Employees: 49

Gold X2 Mining at a glance

Size Gold X2 Mining (AUXX.V) is a Canada Materials company (Precious Metals) with a market value of $409M, the 369th largest of 420 Canada companies the cockpit tracks. Shares closed at C$5.66 on 6 Nov 2026.

Performance Over six months the shares fell 32.1%, against -5.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 4th lowest of 21 in its peer set.

Valuation It trades at 3.65× book value against a peer median of 2.88× (9th most expensive of 19).

Price implies The share price implies a return on equity of about 54.2%; Gold X2 Mining delivers -36.2%, so the price asks more than the business earns today.

Next results Next results expected around 27 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Gold X2 Mining against the median of its 20 peers (local-currency closes).

Gold X2 Mining financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2021
Revenue	C$0	C$0	C$0	C$0	C$0
Revenue growth	—	—	—	—	—
Gross profit	-C$166,487	-C$101,929	-C$72,485	-C$83,210	-C$67,305
EBITDA	-C$65.2M	-C$35.8M	-C$10.4M	-C$3.81M	-C$5.75M
Net income	-C$50.8M	-C$26.4M	-C$10.3M	-C$4.06M	-C$13.5M
Free cash flow	-C$51.0M	-C$29.5M	-C$7.67M	-C$1.71M	-C$3.79M
Capital expenditure	C$765,556	C$10.8M	C$476,453	C$4.17M	C$19.2M
Total debt	C$137,981	C$284,367	C$203,754	C$266,989	C$333,048

Quarterly statements and history in the cockpit →

Gold X2 Mining competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Gold X2 Mining is the large dot.

Fundamentals: return on equity against price-to-book

A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Gold X2 Mining is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. Gold X2 Mining is the large dot.

Gold X2 Mining competitors and peer comparison

How Gold X2 Mining compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Gold X2 Mining against its 20 peers (data as of 6 Nov 2026)
Measure	AUXX.V	Peer median	Rank in peer set
1-month return	-14.5%	-10.2%	5th lowest of 21
6-month return	-32.1%	-5.6%	4th lowest of 21
Return on equity	-36.2%	-3.7%	3rd lowest of 18
Price / book	3.65×	2.88×	9th most expensive of 19
ROE the price implies	54.2%	27.9%	4th most demanding of 19
ROE delivered	-36.2%	-3.2%	3rd lowest of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
Gold X2 Mining AUXX.V	Canada	$409M	-32%	n/a	-36%	3.65×	54.2%	-36.2%
Amex Gold Mining AMX.V	Canada	$407M	-26%	n/a	-5%	2.64×	40.4%	-4.9%
Caledonia Mining CMCL	United States	$412M	-11%	+35%	25%	1.40×	11.0%	24.6%
International Tower Hill Mines ITH.TO	Canada	$405M	-39%	n/a	-3%	2.42×	27.5%	-2.8%
Vista Gold VGZ	United States	$401M	+22%	n/a	-26%	7.91×	71.2%	-26.4%
Entree Resources ETG.TO	Canada	$391M	+6%	n/a	n/a	n/a	n/a	n/a
Deccan Gold Mines DECNGOLD.NS	India	$389M	+46%	+159%	-14%	6.94×	117.3%	n/a
San Lorenzo Gold SLG.V	Canada	$431M	+101%	n/a	-8%	19.32×	44.7%	-7.5%
New Murchison Gold NMG.AX	Australia	$433M	+19%	+1,594,866%	147%	2.97×	16.6%	146.8%
Aeris Resources AIS.AX	Australia	$385M	-20%	+22%	39%	0.74×	8.7%	38.9%
Sailfish Royalty FISH.V	Canada	$384M	+96%	+88%	130%	2.20×	7.8%	130.5%
Asante Gold ASE.V	Canada	$439M	-39%	+28%	n/a	4.45×	38.5%	n/a
ATEX Resources ATX.TO	Canada	$443M	-45%	n/a	-78%	3.70×	21.5%	-77.7%
Radisson Mining Resources RDS.V	Canada	$371M	-6%	n/a	-4%	4.30×	46.0%	-3.7%
Integra Resources ITR.V	Canada	$453M	-20%	+71%	5%	1.65×	18.2%	5.0%
Viridis Mining and Minerals VMM.AX	Australia	$366M	+29%	n/a	-14%	5.77×	46.0%	-13.6%
Rusoro Mining RML.V	Canada	$457M	-5%	n/a	n/a	n/a	n/a	n/a
Meteoric Resources MEI.AX	Australia	$464M	+12%	n/a	-110%	10.07×	83.0%	-109.8%
Aldebaran Resources ALDE.V	Canada	$359M	+3%	n/a	-7%	2.80×	28.2%	-7.3%
Thor Explorations THX.V	Canada	$466M	-26%	+29%	55%	1.00×	12.0%	54.9%
Focus Minerals FML.AX	Australia	$355M	-23%	+216%	36%	1.13×	13.6%	36.5%

Questions

Which companies are Gold X2 Mining's closest peers?: The cockpit's peer set: Amex Gold Mining (AMX.V), Caledonia Mining (CMCL), International Tower Hill Mines (ITH.TO), Vista Gold (VGZ), Entree Resources (ETG.TO), Deccan Gold Mines (DECNGOLD.NS), San Lorenzo Gold (SLG.V), New Murchison Gold (NMG.AX).
Is Gold X2 Mining expensive compared with its peers?: On price / book it trades at 3.65× against a peer median of 2.88×, 9th most expensive of 19 in its peer set. The share price implies a return on equity of about 54.2%; Gold X2 Mining delivers -36.2%, so the price asks more than the business earns today.
How has Gold X2 Mining stock performed?: Over six months to 6 Nov 2026 the shares returned -32.1% against -5.6% for the median peer; over one year +78.0%.