Price to Ore Ratios

We created these metrics to assess how expensive a mining stock is relative to the quantity and type of its mineral assets.

The ratios take into account share price, debt, cash, all minerals, and differing degrees of confidence in resource estimates.

The ratios adjust daily as share prices and metals prices change.

Enterprise Value (EV): In our ratios we use EV (defined as market cap + debt - cash). Because EV includes the balance sheet, it is a more complete measure of valuation than market cap.

Rank Charts show how the company compares to companies of a similar size and stage of development and to all companies in our database.