GoldON Resources Ltd
XTSX:GLD
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (3.4), the stock would be worth CA$0.05 (47% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.3 | CA$0.09 |
0%
|
| 3-Year Average | 3.4 | CA$0.05 |
-47%
|
| 5-Year Average | 2.2 | CA$0.03 |
-65%
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| Industry Average | 4.2 | CA$0.06 |
-33%
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| Country Average | 2.7 | CA$0.04 |
-58%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
GoldON Resources Ltd
XTSX:GLD
|
5.7m CAD | 6.3 | -18.2 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 13 054 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
653.6B ZAR | 4.7 | 11.2 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
171.1B ZAR | 3.3 | 10.5 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
912.3B CNY | 4.9 | 14.7 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
131.4B USD | 3.9 | 18.6 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
136.2B CAD | 4 | 22.4 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
92.2B CAD | 2.6 | 13.8 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
57.1B EUR | 2.6 | 13.8 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
88.1B CAD | 7.2 | 42.5 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
422.6B HKD | 6.5 | 33.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
GoldON Resources Ltd
Glance View
GoldON Resources Ltd. engages in the exploration and development of mineral properties. The company is headquartered in Victoria, British Columbia. The Company’s project portfolio includes approximately seven properties, including West Madsen, Red Lake North, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Slate Falls. The West Madsen Project comprises over two contiguous claim blocks in Ontario’s Red Lake gold camp. The Red Lake North Property is located approximately 65 kilometers (km)north of Red Lake, Ontario. The Pipestone Bay Project is located within the Red Lake Greenstone Belt over 32 km west of the town of Red Lake. The Pakwash North Project is located approximately 36 km southeast of Red Lake, Ontario. The McInnes Lake Property is located over 117 km north of Red Lake, Ontario. The McDonough Project is located approximately 15 km north of the town of Red Lake. The Slate Falls Property lies between the Red Lake and Pickle Lake gold camps in the southwestern extension of the Meen-Dempster Greenstone Belt.
