PALLADON VENTURES LTD (fka PLL.V)

[dany399]

rapport reuter



PLL PALLADON VENTURES












(TSX VENTURE EXCHANGE)

Date: 21 August 2008 Sector: Basic Materials Industry: Non-Metallic Mining



Data Source: Reuters Fundamentals



Business Summary


Palladon Ventures Ltd. is a Canada-based company engaged in the business of acquiring, exploring

and developing mineral resource properties. The Company holds interests in a copper development

property in Beaver County, Utah, and the Iron Mountain project in southwestern Utah. The Companys

Great Basin gold exploration portfolio consists of four Nevada properties (Caldera, Green

Springs, Tobin, and Windermere), and two Utah properties (Kings Canyon and New Butte), covering

a total of 5,450 acres. The Companys Argentine interests include the La Sarita property, in Salta

and the Taca Taca Alto (Tacalto) property, also in Salta province. The Company also holds a 51%

interest in a portfolio of gold exploration properties in the Deseado Massif region of Patagonia,

southern Argentina. This portfolio comprises Laguna Guadalosa, Tres Hermanas, Gran Bajo and

Rio Deseado, all held in a joint venture with Deseado LLC.


Share Performance

Price (CAD): 0.58 52 Week High: 1.10 Currency: CAD


Volume (millions): 0.0 52 Week Low: 0.13


Financial






Valuation Ratios


Price/Book 7.94 $


source http://ca.finance.yahoo.com/q/rr?s=PLL.V


source
Strategic Investing

Valuation Ratios: Price/Book Value
BOOK VALUE is a company's assets minus its liabilities. It's accounting jargon for what would be left over for shareholders if the company were sold and its debt retired. The price/book ratio measures what the market is paying for those net assets (also known as shareholder equity). The lower the number, the better.

Price/book was a lot more popular in the age of smokestacks and steel. That's because it works best with a company that has a lot of hard assets like factories or ore reserves. It's also good at reflecting the value of banks and insurance companies that have a lot of financial assets.

But in today's economy many of the hottest companies rely heavily on intellectual assets, such as patents, trademarks — even their employees' collective brains — that don't appear on the balance sheet. That's why high-tech outfits like Cisco Systems have relatively low book values, which give them artificially high price/book ratios. The other drawback to book value is that it often reflects what an asset was worth when it was bought, not the current market value. So it is an imprecise measure even in the best case.

But the price/book ratio does have its strengths. First of all, like the P/E ratio it is simple to compute and easy to understand, making it a good way to compare stocks across a broad array of old-line industries. It also gives you a quick look at how the market is valuing assets vs. earnings. Finally, because assets are assets in any country, book-value comparisons work around the world. That's not true of a P/E ratio since earnings are strongly affected by different sets of accounting rules.

http://www.smartmoney.com/university/strategicinvesting/stockpicking/index.cfm?story=pricebook