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Golden Lake Exploration (XCNQ:GLM) Price-to-Tangible-Book : 0.30 (As of Jun. 21, 2024)


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What is Golden Lake Exploration Price-to-Tangible-Book?

As of today (2024-06-21), Golden Lake Exploration's share price is C$0.045. Golden Lake Exploration's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was C$0.15. Hence, Golden Lake Exploration's Price to Tangible Book Ratio of today is 0.30.

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

XCNQ:GLM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3   Med: 1.02   Max: 140
Current: 0.3

During the past 6 years, Golden Lake Exploration's highest Price to Tangible Book Ratio was 140.00. The lowest was 0.30. And the median was 1.02.

XCNQ:GLM's Price-to-Tangible-Book is ranked better than
93.92% of 2219 companies
in the Metals & Mining industry
Industry Median: 1.27 vs XCNQ:GLM: 0.30

A closely related ratio is called PB Ratio. As of today, Golden Lake Exploration's share price is C$0.045. Golden Lake Exploration's Book Value per Sharefor the quarter that ended in Feb. 2024 was C$0.15. Hence, Golden Lake Exploration's P/B Ratio of today is 0.30.


Golden Lake Exploration Price-to-Tangible-Book Historical Data

The historical data trend for Golden Lake Exploration'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.

Golden Lake Exploration Price-to-Tangible-Book Chart

Golden Lake Exploration Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 140.00 2.27 0.81 0.45 0.50

Golden Lake Exploration Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.67 0.59 0.50 0.50 0.34

Competitive Comparison of Golden Lake Exploration's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Golden Lake Exploration'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.


Golden Lake Exploration's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Lake Exploration's Price-to-Tangible-Book falls into.



Golden Lake Exploration Price-to-Tangible-Book Calculation

Golden Lake Exploration's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=0.045/0.148
=0.30

* 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.


Golden Lake Exploration Price-to-Tangible-Book Related Terms

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


Golden Lake Exploration (XCNQ:GLM) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Golden Lake Exploration Inc is a Canada-based company engaged in the acquisition and exploration of mineral property assets. It holds interests in the projects of Jewel Ridge Project, Copperview Project, and Conglin Creek Copper Project, among others.
Executives
Michael Bruno John Franz England Director, Senior Officer

Golden Lake Exploration (XCNQ:GLM) Headlines

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