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Elevation Gold Mining (TSXV:ELVT) Price-to-Tangible-Book : 0.20 (As of May. 03, 2024)


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What is Elevation Gold Mining Price-to-Tangible-Book?

As of today (2024-05-03), Elevation Gold Mining's share price is C$0.08. Elevation Gold Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.41. Hence, Elevation Gold Mining's Price to Tangible Book Ratio of today is 0.20.

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

TSXV:ELVT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.18   Med: 1   Max: 1.5
Current: 0.2

During the past 13 years, Elevation Gold Mining's highest Price to Tangible Book Ratio was 1.50. The lowest was 0.18. And the median was 1.00.

TSXV:ELVT's Price-to-Tangible-Book is ranked better than
97.76% of 2233 companies
in the Metals & Mining industry
Industry Median: 1.3 vs TSXV:ELVT: 0.20

A closely related ratio is called PB Ratio. As of today, Elevation Gold Mining's share price is C$0.08. Elevation Gold Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.41. Hence, Elevation Gold Mining's P/B Ratio of today is 0.20.


Elevation Gold Mining Price-to-Tangible-Book Historical Data

The historical data trend for Elevation Gold 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.

Elevation Gold Mining Price-to-Tangible-Book Chart

Elevation Gold Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.22 0.46 0.18 0.26

Elevation Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.32 0.21 0.16 0.26

Competitive Comparison of Elevation Gold Mining's Price-to-Tangible-Book

For the Gold subindustry, Elevation Gold 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.


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

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

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



Elevation Gold Mining Price-to-Tangible-Book Calculation

Elevation Gold 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 )
=0.08/0.407
=0.20

* 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.

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

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.


Elevation Gold Mining Price-to-Tangible-Book Related Terms

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


Elevation Gold Mining (TSXV:ELVT) Business Description

Traded in Other Exchanges
Address
1188 West Georgia, Suite 1920, Vancouver, BC, CAN, V6E 4A2
Elevation Gold Mining Corp operates as a precious metals exploration and mining company. It acquires, explores for, and develops mineral properties in the United States and Canada. The firm is focused on the reactivation of its Moss Mine Project. The company operates through a single segment which is the acquisition, exploration, development and production of precious metals.. It generates revenue from the sale of gold and silver.