Nevada Canyon Gold (NGLD) Asset Utilization Ratio (2017)

Nevada Canyon Gold (NGLD) posted Asset Utilization Ratio of 0.02 for Q3 2017, down 91.06% quarter-over-quarter from 0.2 in Q2 2017.

Nevada Canyon Gold (NGLD) Asset Utilization Ratio (2017) Analysis & Trends

Nevada Canyon Gold (NGLD) has reported Asset Utilization Ratio for 1 consecutive years, with 0.02 the latest figure, recorded in Q3 2017.

  • Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.02 in Q3 2017, while the trailing twelve-month figure through Sep 2017 was 0.02 (changed N/A YoY) and the FY2015 annual result came in at 0.04, changed N/A from the prior year.
  • Asset Utilization Ratio came in at 0.02 for Q3 2017 at Nevada Canyon Gold, down from 0.2 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.2 in Q2 2017, with the low at 0.02 in Q3 2017.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 0.26
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 0.66
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 0.43
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn -
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 0.09
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 0.25
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 0.63
10 Nevada Canyon Gold 12.55 Mn 12.55 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2017 0.02
Jun 30, 2017 0.20