Home > Boards > Canadian > Mining/Resources > PALLADON VENTURES LTD (PLL.V)
Followed By 0
Posts 282
Boards Moderated 0
Alias Born 01/06/2006

Monday, August 25, 2008 8:03:12 AM

Re: None

Post# of 12
rapport reuter



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


Valuation Ratios

Price/Book 7.94 $

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

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.


FEATURED Goldshore Resources Announces Public (NSERC & MITACS) and Educational (Lakehead University) Tri-Party Institutional Partnership with Alliance Grant May 25, 2022 8:20 AM

OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Agrees Terms With an Acquisition Delivering Upwards of $100 Million in Annual Revenue ILUS May 25, 2022 11:52 AM

Branded Legacy, Inc. To Introduce New Delta 9 blend THC-0/Delta-8 Blend Gummies Sell Out Again BLEG May 25, 2022 8:30 AM

Ultrack Systems Fully Acquires California Trucking Company M-Loan Inc. MJLB May 24, 2022 9:30 AM

SciSparc and Clearmind Medicine Inc. Collaboration Yields Positive Results for its Psychedelic Combination Treatment CMND May 24, 2022 8:36 AM

PSYC Teams Up with The Spore Group to Bring Industry-Leading, Psychedelic-Focused Events to Communities Across North America PSYC May 24, 2022 8:30 AM

Splash Beverage Group Broadens Reach through Agreement with Maryland's Buck Distributing SBEV May 24, 2022 8:12 AM

Electromedical Technologies Announces Financial and Operational Highlights for the Three Months Ended March 31, 2022 EMED May 24, 2022 6:00 AM


A.I.S. Resources Identifies Prospective Drill Targets at Reliance Reef and Provides Bright Gold Project Update AIS May 20, 2022 8:00 AM

Lomiko Announces Commencement of Exploration Drilling for its La Loutre Graphite Project LMR May 19, 2022 10:56 AM

PTOP Announces MOBICARD ™ 2.0 Development Contract has been executed PTOP May 19, 2022 10:00 AM

Edison Lithium Spin-Out of Cobalt Assets EDDYF May 19, 2022 8:00 AM

Goldshore Resources Announces Innovative Technology Application for Moss Lake Project Exploration and Closing of Non-Brokered Financing GSHRF May 19, 2022 8:00 AM

Demand Brands kicks off cultivation at Corralitos Farms DMAN May 18, 2022 2:00 PM