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Lahontan Gold (TSXV:LG) Price-to-Tangible-Book : 0.53 (As of Jun. 24, 2024)


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What is Lahontan Gold Price-to-Tangible-Book?

As of today (2024-06-24), Lahontan Gold's share price is C$0.08. Lahontan Gold's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.15. Hence, Lahontan Gold's Price to Tangible Book Ratio of today is 0.53.

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

TSXV:LG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29   Med: 0.43   Max: 1.33
Current: 0.53

During the past 4 years, Lahontan Gold's highest Price to Tangible Book Ratio was 1.33. The lowest was 0.29. And the median was 0.43.

TSXV:LG's Price-to-Tangible-Book is ranked better than
80.16% of 2218 companies
in the Metals & Mining industry
Industry Median: 1.28 vs TSXV:LG: 0.53

A closely related ratio is called PB Ratio. As of today, Lahontan Gold's share price is C$0.08. Lahontan Gold's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.15. Hence, Lahontan Gold's P/B Ratio of today is 0.53.


Lahontan Gold Price-to-Tangible-Book Historical Data

The historical data trend for Lahontan Gold'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.

Lahontan Gold Price-to-Tangible-Book Chart

Lahontan Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 0.29 0.43

Lahontan Gold Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 1.33 0.39 0.43 0.40

Competitive Comparison of Lahontan Gold's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Lahontan Gold'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.


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

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

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



Lahontan Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.08/0.15
=0.53

* 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.


Lahontan Gold Price-to-Tangible-Book Related Terms

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


Lahontan Gold (TSXV:LG) Business Description

Traded in Other Exchanges
Address
890 West Pender Street, Suite 600, Toronto, ON, CAN, V6C 1J9
Lahontan Gold Corp is engaged in the exploration of gold and silver. The Company is an exploration stage junior mining company engaged in the identification, acquisition, evaluation and exploration of mineral properties in Nevada, USA. The projects of the company include Santa Fe, Moho, and Redlich located in Nevada.
Executives
John Darin Mcneice Senior Officer

Lahontan Gold (TSXV:LG) Headlines

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