A Quick Guide to our Datapoints
These are our datapoints, organized in six sections as they appear in the
datagrid.
Price-to-Ore Ratios:
Enterprise Value / Value of Total (all Minerals)
This is our most powerful metric for evaluating a company's share price relative to its mineral resources, since it takes into account all minerals and all categories of estimates. It simply compares enterprise value to the gross in situ dollar value of all officially-estimated minerals, including low-stringency mineral estimates (which are discounted in all Ore Ratios to account for uncertainty). A lower value for this metric is better. Metric changes daily with stock price and metals prices. Useful for comparing companies with the same or different minerals.Enterprise Value / Value of Measured and Indicated Resources (all Minerals)
How expensive is the company, compared to the gross dollar value of all of its officially-estimated minerals? Uses medium-stringency mineral estimates. Lower is better. Changes daily with stock price and metals prices. Useful for comparing companies with the same or different minerals.Enterprise Value / Value of Proven and Probable Reserves (all Minerals)
How expensive is the company, compared to the gross dollar value of all of its officially-estimated minerals? Uses top-stringency mineral estimates. Lower is better. Changes daily with stock price and metals prices. Useful for comparing companies with the same or different minerals.Enterprise Value / Measured and Indicated Resources of Mineral 1
How expensive is the company, compared to the medium-stringency estimate (mass, not dollar value) of its most important mineral? Lower is better. Changes daily with stock price. Useful for comparing companies with the same mineral.Enterprise Value / Proven and Probable Reserves of Mineral 1
How expensive is the company, compared to the top-stringency estimate (mass, not dollar value) of its most important mineral? Lower is better. Changes daily with stock price. Useful for comparing companies with the same mineral.Enterprise Value / Total Resources (M&I + Inferred) of Mineral 1
How expensive is the company, compared to the estimated total (mass, not dollar value) of its most important mineral (including low-stringency estimates)? Lower is better. Changes daily with stock price. Useful for comparing companies with the same mineral.Gross Value of M&I Resources / Shareholders' Equity
Indicates relative value of mineral assets net to shareholders. Higher is better. Changes daily with metals prices. Useful for comparing companies with the same or different minerals.
