Discovery Harbour Resources Corp
XTSX:DHR

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Discovery Harbour Resources Corp
XTSX:DHR
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Price: 0.08 CAD 6.67% Market Closed
Market Cap: CA$1.3m

P/B

1.8
Current
36%
Cheaper
vs 3-y average of 2.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
CA$1.6m
/
Total Equity
CA$702.4k

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.8
=
Market Cap
CA$1.6m
/
Total Equity
CA$702.4k

Valuation Scenarios

Discovery Harbour Resources Corp is trading below its 3-year average

If P/B returns to its 3-Year Average (2.9), the stock would be worth CA$0.13 (57% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+93%
Average Upside
58%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.8 CA$0.08
0%
3-Year Average 2.9 CA$0.13
+57%
5-Year Average 3.5 CA$0.15
+93%
Industry Average 2.5 CA$0.11
+36%
Country Average 2.7 CA$0.12
+45%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Canada
Percentile
35th
Based on 3 061 companies
35th percentile
1.8
Low
0 — 1.6
Typical Range
1.6 — 4.9
High
4.9 —
Distribution Statistics
Canada
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.9
Max 1 402.4

Discovery Harbour Resources Corp
Glance View

Discovery Harbour Resources Corp. engages in the exploration and development of mineral properties, which focuses on its Caldera project. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-07-05. The firm is focused on its Caldera Project, a low sulfidation epithermal gold project in Nevada. The Caldera Project is located approximately 33 kilometers from Kinross Gold’s Round Mountain Mine. The firm holds the early stage epithermal gold Fortuity 89 property, which covers approximately 34 square kilometers. The Fortuity 89 property is approximately four kilometers west of Discovery Harbour’s Caldera property. The Caldera Project and Fortuity 89 property are both located in a mineralized area of southwestern Nevada with various mines and deposits in the Walker Lane and Northhumberland Gold Trends. The firm's target areas include Adara, Barak, Calista, Darius, Electra, Faustus, Gemina and Harmonia. Each area contains from one to eight separate targets.

DHR Intrinsic Value
0.05 CAD
Overvaluation 33%
Intrinsic Value
Price CA$0.08
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