Mining EV Per Ounce or Pound Calculator
Compare company value with its attributable reported resource.
1. Enter your figures
Where do I find these numbers?
Use an equity market value and balance-sheet figures on a consistent date basis, plus a dated resource report. Record the metal, category and attributable ownership. Keep other material assets and claims in view.
Example units: Fictional single-project gold company. Money inputs are CAD millions; the reported attributable resource is 2 million ounces in one resource category.
2. Understand the result
Enter all 4 figures, or try the example.
3. Keep your research
Complete the figures above to save a calculation.
Saves in this browser. Sign in from the account menu to sync research across devices.How the calculation works
Simplified enterprise value = equity market value + debt and relevant claims − cash. Divide by attributable resource units.
Worked example
Fictional single-project gold company. Money inputs are CAD millions; the reported attributable resource is 2 million ounces in one resource category.
- Simplified enterprise value
- 35 million
- Enterprise value per resource unit
- 17.5 currency units/oz or lb
Simplified enterprise value is CAD 35 million, or CAD 17.50 per reported resource ounce. This ratio is a comparison aid, not the value of recoverable metal or a project valuation.
Where to find your figures
Use an equity market value and balance-sheet figures on a consistent date basis, plus a dated resource report. Record the metal, category and attributable ownership. Keep other material assets and claims in view.
Inputs are supplied by you. These calculations support research; they do not estimate a guaranteed return or recommend a trade.