Resolute Mining (Resolute Mining) Price-to-Tangible-Book

: 1.09 (As of Today)

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As of today (2024-04-23), Resolute Mining's share price is $0.3027. Resolute Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.28. Hence, Resolute Mining's Price to Tangible Book Ratio of today is 1.09.

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

RMGGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 0.95 Max: 2.16
Current: 1.08

During the past 13 years, Resolute Mining's highest Price to Tangible Book Ratio was 2.16. The lowest was 0.53. And the median was 0.95.

RMGGF's Price-to-Tangible-Book is ranked better than
59.07% of 2238 companies
in the Metals & Mining industry
Industry Median: 1.32 vs RMGGF: 1.08

A closely related ratio is called PB Ratio. As of today, Resolute Mining's share price is $0.3027. Resolute Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.28. Hence, Resolute Mining's P/B Ratio of today is 1.09.

Resolute Mining Price-to-Tangible-Book Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.40

0.88

0.65

0.55

1.13

Resolute Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.65	0.43	0.55	0.84	1.13

Competitive Comparison

For the Gold subindustry, Resolute Mining'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.

Resolute Mining Price-to-Tangible-Book Distribution

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

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

Resolute Mining Price-to-Tangible-Book Calculation

Resolute Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.3027	/	0.277
	=	1.09

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.

Resolute Mining Price-to-Tangible-Book Related Terms

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

Resolute Mining (Resolute Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resolute Mining Ltd (OTCPK:RMGGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RSG:UK RSM:Germany RSG:Australia

Address

152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.