Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Fredonia Mining's operating assets for the quarter that ended in Mar. 2026 was $0.24 Mil. Fredonia Mining's operating liabilities for the quarter that ended in Mar. 2026 was $0.86 Mil. Fredonia Mining's Total Assets for the quarter that ended in Dec. 2025 was $0.24 Mil. Therefore, Fredonia Mining's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -2.55.
Fredonia Mining Scaled Net Operating Assets Related Terms
Fredonia Mining Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Fredonia Mining's Scaled Net Operating Assets 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.
FREDF vs HL: Scaled Net Operating Assets Comparison
For the Other Precious Metals & Mining subindustry, Fredonia Mining's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.
Fredonia Mining Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fredonia Mining's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Fredonia Mining's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of -2.55 mean?
Fredonia Mining (FREDF) has a Scaled Net Operating Assets of -2.55 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fredonia Mining and its competitors.
Is Fredonia Mining's Scaled Net Operating Assets too high?
Fredonia Mining's current Scaled Net Operating Assets is -2.55. Overall, Fredonia Mining has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fredonia Mining's Scaled Net Operating Assets compare to HL?
Fredonia Mining's Scaled Net Operating Assets of -2.55 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fredonia Mining and its competitors. Fredonia Mining's current Scaled Net Operating Assets is -2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fredonia Mining stock overvalued right now?
Fredonia Mining (FREDF) has a current Scaled Net Operating Assets of -2.55. The current Scaled Net Operating Assets is -2.55. Fredonia Mining's overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Fredonia Mining (FREDF), the current Scaled Net Operating Assets is -2.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with gold mineralization encountered in radial as well as ring structures.
28GF Score
Get the complete analysis for FREDF
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FREDF has been successfully added to your 
