Heritage Mining (XCNQ:HML) Price-to-Tangible-Book : 15.00 (As of May. 25, 2024)

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What is Heritage Mining Price-to-Tangible-Book?

As of today (2024-05-25), Heritage Mining's share price is C$0.06. Heritage Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.00. Hence, Heritage Mining's Price to Tangible Book Ratio of today is 15.00.

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

During the past 3 years, Heritage Mining's highest Price to Tangible Book Ratio was 15.00. The lowest was 1.48. And the median was 6.37.

XCNQ:HML's Price-to-Tangible-Book is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.38
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Heritage Mining's share price is C$0.06. Heritage Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.00. Hence, Heritage Mining's P/B Ratio of today is 15.00.

Heritage Mining Price-to-Tangible-Book Historical Data

The historical data trend for Heritage Mining'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.

Heritage Mining Price-to-Tangible-Book Chart

Heritage Mining Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.48

11.25

Heritage Mining Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.48	2.63	2.43	4.23	11.25

Competitive Comparison of Heritage Mining's Price-to-Tangible-Book

For the Other Precious Metals & Mining subindustry, Heritage Mining'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.

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

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

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

Heritage Mining Price-to-Tangible-Book Calculation

Heritage Mining's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.06	/	0.004
	=	15.00

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Heritage Mining Price-to-Tangible-Book Related Terms

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

Heritage Mining (XCNQ:HML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heritage Mining Ltd (XCNQ:HML) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9

Website

Heritage Mining Ltd is engaged in the business of exploration for gold and other metals across Canada. The company's principal objectives are to explore and develop the Drayton - Black Lake Property and to identify other properties worthy of investment and exploration. The Drayton - Black Lake Project consists of 720 mining claims located in the Patricia Mining Division totaling approximately 14,921.18 hectares.

Executives

Peter Schloo

Director, Senior Officer

Heritage Mining (XCNQ:HML) Headlines

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