Lode Gold Resources (Lode Gold Resources) Price-to-Tangible-Book : 0.64 (As of Jun. 15, 2024)

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What is Lode Gold Resources Price-to-Tangible-Book?

As of today (2024-06-15), Lode Gold Resources's share price is $0.0302. Lode Gold Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.05. Hence, Lode Gold Resources's Price to Tangible Book Ratio of today is 0.64.

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

SBMIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 1.21 Max: 180
Current: 0.6

During the past 13 years, Lode Gold Resources's highest Price to Tangible Book Ratio was 180.00. The lowest was 0.32. And the median was 1.21.

SBMIF's Price-to-Tangible-Book is ranked better than
79.21% of 2217 companies
in the Metals & Mining industry
Industry Median: 1.3 vs SBMIF: 0.60

A closely related ratio is called PB Ratio. As of today, Lode Gold Resources's share price is $0.0302. Lode Gold Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.05. Hence, Lode Gold Resources's P/B Ratio of today is 0.64.

Lode Gold Resources Price-to-Tangible-Book Historical Data

The historical data trend for Lode Gold 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.

Lode Gold Resources Price-to-Tangible-Book Chart

Lode Gold Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.15

0.72

0.44

0.33

Lode Gold Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.59	0.38	0.26	0.33	0.62

Competitive Comparison of Lode Gold Resources's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Lode Gold 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.

Lode Gold Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Lode Gold Resources Price-to-Tangible-Book Calculation

Lode Gold Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.0302	/	0.047
	=	0.64

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.

Lode Gold Resources Price-to-Tangible-Book Related Terms

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

Lode Gold Resources (Lode Gold Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lode Gold Resources Inc (OTCPK:SBMIF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LOD:Canada

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.stratabound.com

Lode Gold Resources Inc formerly Stratabound Minerals Corp is a mineral exploration and development company with its advanced-stage Fremont Gold Project in the Mother Lode Gold Belt of California. The Project features an NI 43-101 Mineral Resource estimate of 1.16M ounces at an average grade of 1.90 g/t Au in the Indicated plus 2.02M ounces at an average grade of 2.22 g/t Au in the Inferred Mineral Resource classifications encompassing two historic high-grade U/G gold mines. Also, Fremont hosts three other undeveloped gold occurrences across 4 km of strike along the prolific Mother Lode Gold Belt. The company is also advancing its other early-stage gold projects: Golden Culvert, YT, McIntyre Brook, NB, and Dingman, ON gold projects.

Lode Gold Resources (Lode Gold Resources) Headlines

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