Magna Mining (TSXV:NICU) Price-to-Tangible-Book : 19.56 (As of May. 10, 2024)

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

As of today (2024-05-10), Magna Mining's share price is C$0.88. Magna Mining's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.05. Hence, Magna Mining's Price to Tangible Book Ratio of today is 19.56.

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

TSXV:NICU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.52 Med: 12.44 Max: 49.44
Current: 17.6

During the past 4 years, Magna Mining's highest Price to Tangible Book Ratio was 49.44. The lowest was 6.52. And the median was 12.44.

TSXV:NICU's Price-to-Tangible-Book is ranked worse than
98.03% of 2232 companies
in the Metals & Mining industry
Industry Median: 1.33 vs TSXV:NICU: 17.60

A closely related ratio is called PB Ratio. As of today, Magna Mining's share price is C$0.88. Magna Mining's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.05. Hence, Magna Mining's P/B Ratio of today is 19.56.

Magna Mining Price-to-Tangible-Book Historical Data

The historical data trend for Magna 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.

Magna Mining Price-to-Tangible-Book Chart

Magna Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

6.52

49.44

12.44

Magna Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial											49.44	12.75	8.57	9.45	12.44

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

For the Other Industrial Metals & Mining subindustry, Magna 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.

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

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

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

Magna Mining Price-to-Tangible-Book Calculation

Magna 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 )
	=	0.88	/	0.045
	=	19.56

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.

Magna Mining Price-to-Tangible-Book Related Terms

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

Magna Mining (TSXV:NICU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Mining Inc (TSXV:NICU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MGMNF:USA 8YD:Germany

Address

45 Oak Street, Box 103, Dowling, ON, CAN, P0M 1R0

Website

https://www.magnamining.com

Magna Mining Inc is a Sudbury-focused base metal exploration and development company. It is prospective for nickel, copper, and PGM discoveries. Its projects include the Shakespeare Project and the Shining Tree Project. It has one reportable operating segment, being the acquisition, exploration and development of mineral properties. The Company's assets are located in Canada.

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