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Dryden Gold (TSXV:DRY) Price-to-Tangible-Book : 1.69 (As of Jun. 07, 2024)


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What is Dryden Gold Price-to-Tangible-Book?

As of today (2024-06-07), Dryden Gold's share price is C$0.14. Dryden Gold's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.08. Hence, Dryden Gold's Price to Tangible Book Ratio of today is 1.69.

The historical rank and industry rank for Dryden Gold's Price-to-Tangible-Book or its related term are showing as below:

TSXV:DRY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.69   Med: 1.69   Max: 1.75
Current: 1.75

During the past 2 years, Dryden Gold's highest Price to Tangible Book Ratio was 1.75. The lowest was 1.69. And the median was 1.69.

TSXV:DRY's Price-to-Tangible-Book is ranked worse than
59.46% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.34 vs TSXV:DRY: 1.75

A closely related ratio is called PB Ratio. As of today, Dryden Gold's share price is C$0.14. Dryden Gold's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.08. Hence, Dryden Gold's P/B Ratio of today is 1.69.


Dryden Gold Price-to-Tangible-Book Historical Data

The historical data trend for Dryden Gold's Price-to-Tangible-Book 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.

Dryden Gold Price-to-Tangible-Book Chart

Dryden Gold Annual Data
Trend Dec22 Dec23
Price-to-Tangible-Book
- -

Dryden Gold Quarterly Data
Dec22 Mar23 Dec23 Mar24
Price-to-Tangible-Book - - - 1.69

Competitive Comparison of Dryden Gold's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Dryden Gold'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.


Dryden Gold's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Dryden Gold Price-to-Tangible-Book Calculation

Dryden Gold's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.14/0.083
=1.69

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Dryden Gold Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dryden Gold's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Dryden Gold (TSXV:DRY) Business Description

Comparable Companies
Traded in Other Exchanges
Address
25th Floor, 700 West Georgia Street, Vancouver, BC, CAN, V7Y 1K8
Dryden Gold Corp is a a junior exploration company focused on high-grade gold mineralization in Northwestern Ontario, Canada. The company has three projects which are Gold Rock Project, Lower Manitou Project and Tremblay Project.
Executives
Clarence Franklin Wasser Director, Senior Officer

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