Red Lake Gold (XCNQ:RGLD) 3-Year Book Growth Rate : -7.50% (As of Feb. 2024)

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What is Red Lake Gold 3-Year Book Growth Rate?

Red Lake Gold's Book Value per Share for the quarter that ended in Feb. 2024 was C$0.06.

During the past 12 months, Red Lake Gold's average Book Value per Share Growth Rate was -14.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -7.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of Red Lake Gold was 76.90% per year. The lowest was -7.50% per year. And the median was 2.10% per year.

Competitive Comparison of Red Lake Gold's 3-Year Book Growth Rate

For the Gold subindustry, Red Lake Gold's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Red Lake Gold's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Red Lake Gold's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Red Lake Gold's 3-Year Book Growth Rate falls into.

Red Lake Gold 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Red Lake Gold (XCNQ:RGLD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Red Lake Gold 3-Year Book Growth Rate Related Terms

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Red Lake Gold (XCNQ:RGLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Lake Gold Inc (XCNQ:RGLD) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

P11A:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.redlakegold.ca

Red Lake Gold Inc is focused on a high-impact gold exploration through its Whirlwind Jack Gold Project which is a district-scale gold exploration project located near Red Lake, Ontario. The LP Fault structure interpreted in this project is situated within a deep magnetic low. The company projects also include Fenelon North Gold Project, Preston District Uranium Project.