GORIF (Golden Ridge Resources) 3-Year Book Growth Rate : -37.50% (As of Mar. 2024)

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What is Golden Ridge Resources 3-Year Book Growth Rate?

Golden Ridge Resources's Book Value per Share for the quarter that ended in Mar. 2024 was $0.08.

During the past 12 months, Golden Ridge Resources's average Book Value per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -37.50% per year. During the past 5 years, the average Book Value per Share Growth Rate was -26.50% 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 13 years, the highest 3-Year average Book Value per Share Growth Rate of Golden Ridge Resources was 57.20% per year. The lowest was -72.90% per year. And the median was -34.80% per year.

Competitive Comparison of Golden Ridge Resources's 3-Year Book Growth Rate

For the Other Precious Metals & Mining subindustry, Golden Ridge Resources'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.

Golden Ridge Resources's 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Ridge Resources's 3-Year Book Growth Rate falls into.

Golden Ridge Resources 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.

Golden Ridge Resources (OTCPK:GORIF) 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.

Golden Ridge Resources 3-Year Book Growth Rate Related Terms

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Golden Ridge Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Ridge Resources Ltd (OTCPK:GORIF) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

44GG:Germany GLDN:Canada

Address

335 - 1632 Dickson Avenue, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.goldenridgeresources.com

Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Royalle Au-Ag Project, and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.

Golden Ridge Resources Headlines

From GuruFocus

CORRECTING and REPLACING -- Golden Ridge Resources Begins Drill Program at Hank

By GlobeNewswire GlobeNewswire • 07-03-2018