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South Atlantic Gold (TSXV:SAO) Price-to-Tangible-Book : 0.53 (As of May. 25, 2024)


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What is South Atlantic Gold Price-to-Tangible-Book?

As of today (2024-05-25), South Atlantic Gold's share price is C$0.02. South Atlantic Gold's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was C$0.04. Hence, South Atlantic Gold's Price to Tangible Book Ratio of today is 0.53.

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

TSXV:SAO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48   Med: 1.11   Max: 3.11
Current: 0.5

During the past 13 years, South Atlantic Gold's highest Price to Tangible Book Ratio was 3.11. The lowest was 0.48. And the median was 1.11.

TSXV:SAO's Price-to-Tangible-Book is ranked better than
85.28% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs TSXV:SAO: 0.50

A closely related ratio is called PB Ratio. As of today, South Atlantic Gold's share price is C$0.02. South Atlantic Gold's Book Value per Sharefor the quarter that ended in Nov. 2023 was C$0.04. Hence, South Atlantic Gold's P/B Ratio of today is 0.53.


South Atlantic Gold Price-to-Tangible-Book Historical Data

The historical data trend for South Atlantic 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.

South Atlantic Gold Price-to-Tangible-Book Chart

South Atlantic Gold Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 0.49 1.73 1.11 1.22

South Atlantic Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Price-to-Tangible-Book 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 0.70 1.22 1.13 1.38 0.66

Competitive Comparison of South Atlantic Gold's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, South Atlantic 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.


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

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

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



South Atlantic Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=0.02/0.038
=0.53

* 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.


South Atlantic Gold Price-to-Tangible-Book Related Terms

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


South Atlantic Gold (TSXV:SAO) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2
South Atlantic Gold Inc is an exploration stage company engaged in the acquisition of mineral properties in the Americas. Its project includes the Big Kidd project which is located in the Nicola Mining Division of British Columbia, Canada. The company holds interests in the Pedra Branca project.
Executives
William Richard Brown Director

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