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Harfang Exploration (TSXV:HAR) Tangible Book per Share : C$0.22 (As of Oct. 2024)


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What is Harfang Exploration Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Harfang Exploration's tangible book value per share for the quarter that ended in Oct. 2024 was C$0.22.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Harfang Exploration Tangible Book per Share Historical Data

The historical data trend for Harfang Exploration's Tangible Book per Share 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.

Harfang Exploration Tangible Book per Share Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.30 0.25 0.29 0.25

Harfang Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Tangible Book per Share 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 0.26 0.25 0.24 0.23 0.22

Competitive Comparison of Harfang Exploration's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Harfang Exploration's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Harfang Exploration's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harfang Exploration's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Harfang Exploration's Price-to-Tangible-Book falls into.



Harfang Exploration Tangible Book per Share Calculation

Harfang Exploration's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(15.87-0-0)/64.166
=0.25

Harfang Exploration's Tangible Book Value Per Share for the quarter that ended in Oct. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(14.325-0-0)/64.6767
=0.22

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Harfang Exploration  (TSXV:HAR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Harfang Exploration Tangible Book per Share Related Terms

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Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.
Executives
Ian James Campbell Director
Marc Pothier Senior Officer
François Goulet Director
Pierre Labbé Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
André Gaumond Director

Harfang Exploration Headlines

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