Minas Metals (XCNQ:MINA) Price-to-Tangible-Book : 0.31 (As of Jun. 09, 2024)

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What is Minas Metals Price-to-Tangible-Book?

As of today (2024-06-09), Minas Metals's share price is C$0.015. Minas Metals's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was C$0.05. Hence, Minas Metals's Price to Tangible Book Ratio of today is 0.31.

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

XCNQ:MINA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 2.69 Max: 6.13
Current: 0.3

During the past 2 years, Minas Metals's highest Price to Tangible Book Ratio was 6.13. The lowest was 0.30. And the median was 2.69.

XCNQ:MINA's Price-to-Tangible-Book is ranked better than
99.91% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.355 vs XCNQ:MINA: 0.30

A closely related ratio is called PB Ratio. As of today, Minas Metals's share price is C$0.015. Minas Metals's Book Value per Sharefor the quarter that ended in Oct. 2023 was C$0.05. Hence, Minas Metals's P/B Ratio of today is 0.31.

Minas Metals Price-to-Tangible-Book Historical Data

The historical data trend for Minas Metals'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.

Minas Metals Price-to-Tangible-Book Chart

Minas Metals Annual Data

Trend

Jan22

Jan23

Price-to-Tangible-Book

6.13

Minas Metals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.67	6.13	1.67	2.35	4.08

Competitive Comparison of Minas Metals's Price-to-Tangible-Book

For the Gold subindustry, Minas Metals'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.

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

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

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

Minas Metals Price-to-Tangible-Book Calculation

Minas Metals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.015	/	0.049
	=	0.31

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.

Minas Metals Price-to-Tangible-Book Related Terms

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

Minas Metals (XCNQ:MINA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

1J1:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.minasmetals.ca

Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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