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Laurion Mineral Exploration (TSXV:LME) Scaled Net Operating Assets : 0.29 (As of Dec. 2023)


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What is Laurion Mineral Exploration 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.

Laurion Mineral Exploration's operating assets for the quarter that ended in Dec. 2023 was C$2.85 Mil. Laurion Mineral Exploration's operating liabilities for the quarter that ended in Dec. 2023 was C$0.49 Mil. Laurion Mineral Exploration's Total Assets for the quarter that ended in Sep. 2023 was C$8.16 Mil. Therefore, Laurion Mineral Exploration's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.29.


Laurion Mineral Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Laurion Mineral Exploration'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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Laurion Mineral Exploration Scaled Net Operating Assets Chart

Laurion Mineral Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 0.49 0.99 0.16 0.26

Laurion Mineral Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.17 0.15 0.12 0.12 0.29

Competitive Comparison of Laurion Mineral Exploration's Scaled Net Operating Assets

For the Gold subindustry, Laurion Mineral Exploration'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.


Laurion Mineral Exploration's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Laurion Mineral Exploration's Scaled Net Operating Assets falls into.



Laurion Mineral Exploration 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.

Laurion Mineral Exploration'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 )
=(2.853-0.487)/9.209
=0.26

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.359 - 6.506
=2.853

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.487 - 0 - 0
=0.487

Laurion Mineral Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(2.853-0.487)/8.164
=0.29

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.359 - 6.506
=2.853

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.487 - 0 - 0
=0.487

* 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.


Laurion Mineral Exploration Scaled Net Operating Assets Related Terms

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Laurion Mineral Exploration (TSXV:LME) Business Description

Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Scotia Plaza, Toronto, ON, CAN, M5H 3S1
Laurion Mineral Exploration Inc is a Canadian based exploration company. It is engaged in the acquisition, exploration and development of mineral resource properties. The company has key interests in prospective mining properties of the Ishkoday gold project and the Midlothian and Doon property.

Laurion Mineral Exploration (TSXV:LME) Headlines

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