Pinnacle Silver and Gold (TSXV:PINN) Scaled Net Operating Assets : -0.32 (As of Jan. 2024)

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What is Pinnacle Silver and Gold 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.

Pinnacle Silver and Gold's operating assets for the quarter that ended in Jan. 2024 was C$0.67 Mil. Pinnacle Silver and Gold's operating liabilities for the quarter that ended in Jan. 2024 was C$1.01 Mil. Pinnacle Silver and Gold's Total Assets for the quarter that ended in Oct. 2023 was C$1.10 Mil. Therefore, Pinnacle Silver and Gold's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was -0.32.

Pinnacle Silver and Gold Scaled Net Operating Assets Historical Data

The historical data trend for Pinnacle Silver and Gold'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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Pinnacle Silver and Gold Scaled Net Operating Assets Chart

Pinnacle Silver and Gold Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Scaled Net Operating Assets

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0.73

0.58

0.51

0.01

0.08

Pinnacle Silver and Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.30	0.13	-0.07	-0.60	-0.32

Competitive Comparison of Pinnacle Silver and Gold's Scaled Net Operating Assets

For the Gold subindustry, Pinnacle Silver and Gold'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.

Pinnacle Silver and Gold's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pinnacle Silver and Gold's Scaled Net Operating Assets falls into.

Pinnacle Silver and Gold 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.

Pinnacle Silver and Gold's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Apr. 2023 )
=	(Operating Assets (A: Apr. 2023 )	-	Operating Liabilities (A: Apr. 2023 ))	/	Total Assets (A: Apr. 2022 )
=	(0.797	-	0.702)	/	1.197
=	0.08

where

	Operating Assets		(A: Apr. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1.122	-	0.325
=	0.797

	Operating Liabilities		(A: Apr. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.742	-	0	-	0.04
=	0.702

Pinnacle Silver and Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(0.665	-	1.014)	/	1.095
=	-0.32

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.71	-	0.045
=	0.665

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.054	-	0.04	-	0
=	1.014

Pinnacle Silver and Gold Scaled Net Operating Assets Related Terms

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Pinnacle Silver and Gold (TSXV:PINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pinnacle Silver and Gold Corp (TSXV:PINN) » Definitions » Scaled Net Operating Assets

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NRGOF:USA

Address

750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 3B6

Website

https://www.newrangegold.com

Newrange Gold Corp has signed a binding Definitive Agreement for an RTO with ASX-listed Mithril Resources to create a new Americas-focused precious metals exploration & development company. The flagship project will be the high-grade gold-silver Copalquin Project in the Sierra Madre of Mexico. The Company will also continue to focus on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Both projects lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold.

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