Patriot Gold (PGOL) Asset Utilization Ratio (2019 - 2024)

Patriot Gold (PGOL) reported Asset Utilization Ratio of 0.29 for Q4 2024, down 46.93% on a YoY basis from 0.54 in Q1 2024, and down 26.49% quarter-over-quarter from 0.39 in Q3 2024.

Patriot Gold (PGOL) Asset Utilization Ratio (2019 - 2024) Analysis & Trends

Patriot Gold has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.29 in Q4 2024.

  • For the quarter ending Q4 2024, Asset Utilization Ratio fell 46.93% year-over-year to 0.29; the trailing twelve-month figure through Dec 2024 stood at 0.29 (down 46.93% YoY), and the FY2023 full-year result was 0.51, up 14.89% from the prior year.
  • Asset Utilization Ratio for Q4 2024 stood at 0.29, down from 0.39 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.05 in Q2 2020, with the low at 0.29 in Q4 2024.
  • Historically, Asset Utilization Ratio has averaged 0.59 across 5 years, with a median of 0.5 in 2023.
  • Annual changes were most pronounced in 2020 — Asset Utilization Ratio soared 180.67% — and 2024, when it plunged 46.93%.
  • Patriot Gold's Asset Utilization Ratio stood at 0.81 in 2020, then slumped by 42.87% to 0.46 in 2021, then dropped by 5.14% to 0.44 in 2022, then gained by 22.45% to 0.54 in 2023, then slumped by 46.93% to 0.29 in 2024.
  • The last three Asset Utilization Ratio figures came in at 0.29 (Q4 2024), 0.39 (Q3 2024), and 0.51 (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 0.26
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 0.24
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 0.32
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 0.63
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 0.43
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 0.73
10 Patriot Gold - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 0.29
Sep 30, 2024 0.39
Jun 30, 2024 0.51
Mar 31, 2024 0.57
Dec 31, 2023 0.54
Sep 30, 2023 0.50
Jun 30, 2023 0.50
Mar 31, 2023 0.47
Dec 31, 2022 0.44
Sep 30, 2022 0.46
Jun 30, 2022 0.43
Mar 31, 2022 0.44
Dec 31, 2021 0.46
Sep 30, 2021 0.56
Jun 30, 2021 0.69
Mar 31, 2021 0.70
Dec 31, 2020 0.81
Sep 30, 2020 0.98
Jun 30, 2020 1.05
Mar 31, 2020 1.00