How does TNGL's pb Ratio compare to its peers?

TNGL has negative equity and a Price-To-Book Ratio (-0.4x) compared to the peer average (1.8x).

How does TNGL's pb Ratio compare vs other companies in the US Metals and Mining Industry?

TNGL has negative equity and a Price-To-Book Ratio (-0.4x) compared to the US Metals and Mining industry average (1.5x).

What is TNGL's pb Ratio compared to its Fair pb Ratio? This is the expected pb Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate TNGL's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of TNGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate TNGL's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Tonogold Resources (OTCPK:TNGL) - Stock Price, News & Analysis

TNGL Stock Overview

Engages in maintaining leases on gold mining related properties in Nevada. More details

TNGL fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap ($10M)

Makes less than USD$1m in revenue ($0)

Shareholders have been substantially diluted in the past year

Negative shareholders equity

+ 3 more risks

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Tonogold Resources, Inc. Competitors

Gungnir Resources

OTCPK:ASWR.F

US$2.6m

Atlas Lithium

NasdaqCM:ATLX

US$83.8m

ZK International Group

NasdaqCM:ZKIN

US$9.9m

Urano Energy

OTCPK:UECX.F

US$11.5m

Price History & Performance

Summary of share price highs, lows and changes for Tonogold Resources
Historical stock prices
Current Share Price	US$0.017
52 Week High	US$0.03
52 Week Low	US$0.0018
Beta	0.69
1 Month Change	18.21%
3 Month Change	66.83%
1 Year Change	493.72%
3 Year Change	-85.30%
5 Year Change	-96.18%
Change since IPO	-99.99%

Recent updates

Shareholder Returns

	TNGL	US Metals and Mining	US Market
7D	-0.6%	-3.0%	-2.2%
1Y	493.7%	10.3%	18.3%

Return vs Industry: TNGL exceeded the US Metals and Mining industry which returned 10.3% over the past year.

Return vs Market: TNGL exceeded the US Market which returned 18.3% over the past year.

Price Volatility

Is TNGL's price volatile compared to industry and market?
TNGL volatility
TNGL Average Weekly Movement	36.9%
Metals and Mining Industry Average Movement	8.0%
Market Average Movement	6.0%
10% most volatile stocks in US Market	17.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: TNGL's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: TNGL's weekly volatility (37%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Bill Hunter	tonogold.com

Tonogold Resources, Inc. engages in maintaining leases on gold mining related properties in Nevada. The company explores gold and silver deposits. It holds interest in the Comstock project located in the Storey County, Nevada.

Tonogold Resources, Inc. Fundamentals Summary

How do Tonogold Resources's earnings and revenue compare to its market cap?
TNGL fundamental statistics
Market cap	US$9.93m
Earnings (TTM)	-US$2.73m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.6x

P/E Ratio

Is TNGL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNGL income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$2.73m
Earnings	-US$2.73m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0047
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-45.7%

How did TNGL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/23 23:19
End of Day Share Price	2025/02/21 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tonogold Resources, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.