Medgold Resources (TSXV:MED) Price-to-Tangible-Book : (As of Jun. 09, 2024)

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What is Medgold Resources Price-to-Tangible-Book?

As of today (2024-06-09), Medgold Resources's share price is C$0.08. Medgold Resources's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was C$-0.06. Hence, Medgold Resources's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Medgold Resources's highest Price to Tangible Book Ratio was 45.19. The lowest was 3.17. And the median was 7.02.

TSXV:MED's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.355
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Medgold Resources's share price is C$0.08. Medgold Resources's Book Value per Sharefor the quarter that ended in Sep. 2023 was C$-0.06. Hence, Medgold Resources's P/B Ratio of today is .

Medgold Resources Price-to-Tangible-Book Historical Data

The historical data trend for Medgold 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.

Medgold Resources Price-to-Tangible-Book Chart

Medgold Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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6.60

6.86

5.06

7.02

Medgold Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															40.00	-	-	-	-

Competitive Comparison of Medgold Resources's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Medgold 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.

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

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

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

Medgold Resources Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.08	/	-0.061
	=

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.

Medgold Resources Price-to-Tangible-Book Related Terms

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

Medgold Resources (TSXV:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Medgold Resources Corp (TSXV:MED) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6

Website

https://www.medgoldresources.com

Medgold Resources Corp is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of resource and precious base metal properties. The company's geographical segments include Canada, Serbia and Others. Its project consists of the Tlamino gold project which is located in the Serbo-Macedonian massif which is a north-south belt, extending southwards through Macedonia and Bulgaria and into Greece. The Tlamino project comprises two contiguous licenses namely Donje Lamino and Surlica-Dukat and Ljubata Project.