Gander Gold (XCNQ:GAND) Price-to-Tangible-Book : 0.38 (As of May. 23, 2024)

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

As of today (2024-05-23), Gander Gold's share price is C$0.045. Gander Gold's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.12. Hence, Gander Gold's Price to Tangible Book Ratio of today is 0.38.

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

XCNQ:GAND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 1.34 Max: 2.34
Current: 0.38

During the past 3 years, Gander Gold's highest Price to Tangible Book Ratio was 2.34. The lowest was 0.33. And the median was 1.34.

XCNQ:GAND's Price-to-Tangible-Book is ranked better than
91.81% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs XCNQ:GAND: 0.38

A closely related ratio is called PB Ratio. As of today, Gander Gold's share price is C$0.045. Gander Gold's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.12. Hence, Gander Gold's P/B Ratio of today is 0.38.

Gander Gold Price-to-Tangible-Book Historical Data

The historical data trend for Gander 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.

Gander Gold Price-to-Tangible-Book Chart

Gander Gold Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

1.72

1.09

Gander Gold Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.59	0.91	1.09	0.70	0.51

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

For the Gold subindustry, Gander 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.

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

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

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

Gander Gold Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.045	/	0.118
	=	0.38

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.

Gander Gold Price-to-Tangible-Book Related Terms

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

Gander Gold (XCNQ:GAND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gander Gold Corp (XCNQ:GAND) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GANDF:USA

Address

1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6

Website

https://www.gandergold.com

Gander Gold Corp is an exploration stage resource company engaged in the identification, acquisition, and exploration of precious and base metals projects in Canada. Its focus is the prospective ground in the Central Newfoundland Gold Belt, on Canada's Atlantic coast. The company's projects in Newfoundland include Gander North, Mt. Peyton, Cape Ray II, BLT, Carmanville Gander South, Hermitage, and Little River.

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