Thunder Mountain Gold (THMG) Asset Utilization Ratio (2013 - 2023)
Thunder Mountain Gold (THMG) posted quarterly Asset Utilization Ratio of 0.05 for Q3 2023, down 64.45% year-over-year from 0.15 in Q3 2022, and down 48.39% quarter-over-quarter from 0.1 in Q2 2023.
Thunder Mountain Gold (THMG) Asset Utilization Ratio (2013 - 2023) Analysis & Trends
Thunder Mountain Gold's Asset Utilization Ratio history runs 7 years deep, the most recent figure standing at 0.05 for Q3 2023.
- In Q3 2023, Asset Utilization Ratio fell 64.45% year-over-year to 0.05; the TTM figure through Sep 2023 stood at 0.05 (down 64.45% YoY), while the FY2022 annual figure was 0.13, down 47.52% from the prior year.
- Asset Utilization Ratio for Q3 2023 stood at 0.05, down from 0.1 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.08 in Q1 2020, with the low at 0.05 in Q3 2023.
- The 5-year median for Asset Utilization Ratio is 0.23 (2021), against an average of 0.37.
- The sharpest annual moves came in 2019 and 2020: Asset Utilization Ratio surged 12282.79% in 2019, then tumbled 83.66% in 2020.
- Thunder Mountain Gold's Asset Utilization Ratio stood at 0.9 in 2019, then sank by 83.66% to 0.15 in 2020, then soared by 78.99% to 0.26 in 2021, then tumbled by 35.96% to 0.17 in 2022, then sank by 68.09% to 0.05 in 2023.
- Business Quant data shows THMG's Asset Utilization Ratio at 0.05 in Q3 2023, 0.1 in Q2 2023, and 0.14 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.96 Bn | 13.48 Bn | 332.52 Mn | 0.49 |
| 2 | Buenaventura Mining | 8.67 Bn | 7.66 Bn | - | 0.50 |
| 3 | Triple Flag Precious Metals | 6.87 Bn | 6.85 Bn | 88.25 Mn | 0.19 |
| 4 | Perpetua Resources | 3.14 Bn | 3.14 Bn | - | - |
| 5 | Elemental Royalty | 1.40 Bn | 1.34 Bn | 15.71 Mn | 0.06 |
| 6 | Solaris Resources | 1.36 Bn | 1.30 Bn | - | - |
| 7 | McEwen | 1.22 Bn | 1.13 Bn | 20.08 Mn | 0.18 |
| 8 | Versamet Royalties | 1.13 Bn | 1.13 Bn | 13.99 Mn | 0.08 |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | - |
| 10 | Thunder Mountain Gold | 54.77 Mn | 53.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.26 |
| Mar 31, 2021 | 0.23 |
| Dec 31, 2020 | 0.15 |
| Sep 30, 2020 | 0.24 |
| Jun 30, 2020 | 0.26 |
| Mar 31, 2020 | 1.08 |
| Dec 31, 2019 | 0.90 |
| Sep 30, 2019 | 0.75 |
| Jun 30, 2019 | 1.01 |
| Jun 30, 2018 | 0.01 |
| Dec 31, 2013 | 0.10 |