Silver North Resources (TSXV:SNAG) Price-to-Tangible-Book : 0.75 (As of Apr. 29, 2024)

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What is Silver North Resources Price-to-Tangible-Book?

As of today (2024-04-29), Silver North Resources's share price is C$0.16. Silver North Resources's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was C$0.21. Hence, Silver North Resources's Price to Tangible Book Ratio of today is 0.75.

The historical rank and industry rank for Silver North Resources's Price-to-Tangible-Book or its related term are showing as below:

TSXV:SNAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71 Med: 1.16 Max: 3.33
Current: 0.8

During the past 13 years, Silver North Resources's highest Price to Tangible Book Ratio was 3.33. The lowest was 0.71. And the median was 1.16.

TSXV:SNAG's Price-to-Tangible-Book is ranked better than
69.12% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:SNAG: 0.80

A closely related ratio is called PB Ratio. As of today, Silver North Resources's share price is C$0.16. Silver North Resources's Book Value per Sharefor the quarter that ended in Mar. 2023 was C$0.21. Hence, Silver North Resources's P/B Ratio of today is 0.75.

Silver North Resources Price-to-Tangible-Book Historical Data

The historical data trend for Silver North Resources'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.

Silver North Resources Price-to-Tangible-Book Chart

Silver North Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.41

3.33

1.32

0.91

1.07

Silver North Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.91	0.81	0.59	1.07

Competitive Comparison of Silver North Resources's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Silver North Resources'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.

Silver North Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver North Resources's Price-to-Tangible-Book falls into.

Silver North Resources Price-to-Tangible-Book Calculation

Silver North Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	0.16	/	0.213
	=	0.75

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Silver North Resources Price-to-Tangible-Book Related Terms

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

Silver North Resources (TSXV:SNAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver North Resources Ltd (TSXV:SNAG) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

TARSF:USA

Address

325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.alianzaminerals.com

Silver North Resources Ltd has made new silver discoveries in the Keno Hill Silver District of the Yukon at its Haldane Project, where high-grade silver has been identified in drilling at three target areas. The Company also holds the Tim silver property in southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 km from the Silvertip mine. Silver is a critical component in today's economy due to its myriad of industrial uses. This is only expected to continue, driving long-term growth and the demand for silver. Silver North is ideally positioned to further prove out and expand upon its discoveries, at the stage of the mining development curve traditionally associated with the value increases for shareholders.

Executives

Mark Thomas Brown

Director

Silver North Resources (TSXV:SNAG) Headlines

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