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Richmond Minerals (TSXV:RMD) Scaled Net Operating Assets : 0.81 (As of Nov. 2024)


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What is Richmond Minerals 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.

Richmond Minerals's operating assets for the quarter that ended in Nov. 2024 was C$2.27 Mil. Richmond Minerals's operating liabilities for the quarter that ended in Nov. 2024 was C$0.31 Mil. Richmond Minerals's Total Assets for the quarter that ended in Aug. 2024 was C$2.43 Mil. Therefore, Richmond Minerals's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.81.


Richmond Minerals Scaled Net Operating Assets Historical Data

The historical data trend for Richmond Minerals'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.

* Premium members only.

Richmond Minerals Scaled Net Operating Assets Chart

Richmond Minerals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.06 0.84 0.86 0.64

Richmond Minerals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.77 1.07 0.52 0.69 0.81

Competitive Comparison of Richmond Minerals's Scaled Net Operating Assets

For the Other Precious Metals & Mining subindustry, Richmond Minerals'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.


Richmond Minerals's Scaled Net Operating Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Richmond Minerals's Scaled Net Operating Assets falls into.



Richmond Minerals 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.

Richmond Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2024 )
=(Operating Assets (A: May. 2024 )-Operating Liabilities (A: May. 2024 ))/Total Assets (A: May. 2023 )
=(2.276-0.345)/3.007
=0.64

where

Operating Assets(A: May. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.809 - 0.533
=2.276

Operating Liabilities(A: May. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.645 - 0 - 0.3
=0.345

Richmond Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(2.27-0.309)/2.432
=0.81

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.373 - 0.103
=2.27

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.309 - 0 - 0
=0.309

* 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.


Richmond Minerals Scaled Net Operating Assets Related Terms

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Richmond Minerals Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment being Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.
Executives
Warren Hawkins Director, Senior Officer