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G Mining Ventures (TSX:GMIN) Scaled Net Operating Assets : 0.51 (As of Mar. 2024)


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What is G Mining Ventures Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

G Mining Ventures's operating assets for the quarter that ended in Mar. 2024 was C$802.58 Mil. G Mining Ventures's operating liabilities for the quarter that ended in Mar. 2024 was C$401.84 Mil. G Mining Ventures's Total Assets for the quarter that ended in Dec. 2023 was C$788.47 Mil. Therefore, G Mining Ventures's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.51.


G Mining Ventures Scaled Net Operating Assets Historical Data

The historical data trend for G Mining Ventures'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.

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G Mining Ventures Scaled Net Operating Assets Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
Scaled Net Operating Assets
0.28 0.85 0.29 141.64 0.94

G Mining Ventures Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets 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 0.56 0.38 0.31 0.44 0.51

Competitive Comparison of G Mining Ventures's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, G Mining Ventures'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.


G Mining Ventures's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G Mining Ventures's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where G Mining Ventures's Scaled Net Operating Assets falls into.



G Mining Ventures Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

G Mining Ventures's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(718.168-391.758)/348.588
=0.94

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=788.465 - 70.297
=718.168

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=435.572 - 33.633 - 10.181
=391.758

G Mining Ventures's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(802.579-401.84)/788.465
=0.51

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=830.742 - 28.163
=802.579

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=503.748 - 89.941 - 11.967
=401.84

* 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.


G Mining Ventures Scaled Net Operating Assets Related Terms

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G Mining Ventures (TSX:GMIN) Business Description

Traded in Other Exchanges
Address
7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.
Executives
Julie-anais Debreil Senior Officer

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