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First Atlantic Nickel (TSXV:FAN) Price-to-Tangible-Book : 1.82 (As of Apr. 29, 2024)


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What is First Atlantic Nickel Price-to-Tangible-Book?

As of today (2024-04-29), First Atlantic Nickel's share price is C$0.12. First Atlantic Nickel's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.07. Hence, First Atlantic Nickel's Price to Tangible Book Ratio of today is 1.82.

The historical rank and industry rank for First Atlantic Nickel's Price-to-Tangible-Book or its related term are showing as below:

TSXV:FAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 2.03   Max: 36.36
Current: 1.71

During the past 12 years, First Atlantic Nickel's highest Price to Tangible Book Ratio was 36.36. The lowest was 0.40. And the median was 2.03.

TSXV:FAN's Price-to-Tangible-Book is ranked worse than
59.43% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:FAN: 1.71

A closely related ratio is called PB Ratio. As of today, First Atlantic Nickel's share price is C$0.12. First Atlantic Nickel's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.07. Hence, First Atlantic Nickel's P/B Ratio of today is 1.82.


First Atlantic Nickel Price-to-Tangible-Book Historical Data

The historical data trend for First Atlantic Nickel's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Atlantic Nickel Price-to-Tangible-Book Chart

First Atlantic Nickel Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.20 1.79 1.35

First Atlantic Nickel Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.35 2.63 1.09 1.14

Competitive Comparison of First Atlantic Nickel's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, First Atlantic Nickel's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


First Atlantic Nickel's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Atlantic Nickel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Atlantic Nickel's Price-to-Tangible-Book falls into.



First Atlantic Nickel Price-to-Tangible-Book Calculation

First Atlantic Nickel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=0.12/0.066
=1.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


First Atlantic Nickel Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of First Atlantic Nickel's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


First Atlantic Nickel (TSXV:FAN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Avante Mining Corp, formerly ArcPacific Resources Corp is a Canadian-based exploration company expanding its exploration initiative on multiple projects which include past-producing gold and silver-gold-copper mines in the Timmins gold camp, in Ontario, and in the Nicola mining division in Southern British Columbia. The company is focused on creating shareholder value through new discoveries and strategic development of its mineral properties. ArcPacific owns a stake in the LMSL Copper Gold & Silver Project in British Columbia, Canada, which is known for its copper and gold deposits. The company also has exploratory properties in Canada, including the Blackdome gold project, which has revealed continuous gold mineralization.

First Atlantic Nickel (TSXV:FAN) Headlines