Gold Stocks: Enterprise Value Over EBITDA

by: SA Editors

Data in table version:




$Enterprise
Ticker Company Value (NYSE:EV) $EBITDA EV/EBITDA
ABX BARRICK GOLD CP 22.43B 939.00M
23.9
AEM AGNICO EAGLE MINES 2.54B 88.40M
28.8
AGT APOLLO GOLD CORP CDA 71.61M -513.00K
-139.6
AU ANGLOGOLD ASHANTI LT 14.87B 572.86M
26.0
AUY YAMANA GOLD INC 1.44B 2.87M
501.2
BAA BANRO CORP 328.87M -4.03M
-81.7
BGO BEMA GOLD CP 1.95B -5.76M
-338.6
BMD BIRCH MTN RES LTD 486.95M -2.52M
-193.3
BVN COMPANIA MIN BUEN 2.89B 404.79M
7.1
CAU CANYON RESOURCE NEW 25.79M -15.63M
-1.7
CBJ CAMBIOR INC 825.66M 70.65M
11.7
CCJ CAMECO CP 11.92B 427.80M
27.9
CDY CARDERO RESOURCE COR 120.15M -2.81M
-42.7
CGR CLAUDE RESOURCES ORD 73.59M 3.76M
19.6
DEZ DESERT SUN MINING CO 490.73M -220.50K
N/A
DROOY DRDGOLD LIMITED 468.93M N/A
N/A
EGI ENTREE GOLD INC 103.39M -11.36M
-9.1
EGO ELDORADO GOLD CORP 1.14B -23.92M
-47.6
FCX FREEPORT MCMORAN B 11.20B 2.44B
4.6
FNX FNX MINING CO LTD 557.56M 21.55M
25.9
GBN GREAT BASIN GOLD LTD 156.45M N/A
N/A
GFI GOLD FIELDS LTD ADS 9.34B 157.71M
59.3
GG GOLDCORP INC 8.59B 554.40M
15.5
GLG GLAMIS GOLD LMT 3.63B 90.30M
40.2
GOLD RANDGOLD RES LTD 1.01B 60.96M
16.5
GRS GAMMON LAKE RES LTD 1.18B N/A
N/A
GRZ GOLD RESERVE INC 142.71M -8.86M
-16.1
GSS GOLDEN STAR RES LTD 411.82M 7.53M
54.7
HMY HARMONY GOLD MNG A 5.58B -328.14M
-17.0
IAG IAMGOLD CORPORATION 1.14B 47.49M
23.9
IMR IMA EXPLORATION INC 127.35M -3.20M
-39.8
IVN IVANHOE MINES LTD 2.27B -96.68M
-23.5
KGC KINROSS GOLD CP 3.38B 152.90M
22.1
KRY CRYSTALLEX INTL CP 660.22M 12.64M
52.2
LIHRY LIHIR GOLD LTD ADR 2.42B 98.00M
24.7
MDG MERIDIAN GOLD INC. 2.23B 82.90M
26.9
MGN MINES MGMT INC 96.19M -2.05M
-46.8
MNG MIRAMAR MINING CP 454.81M -13.22M
-34.4
NAK NORTHERN DYNASTY MNL 314.86M -36.23M
-8.7
NEM NEWMONT MIN CP (HLDG 21.64B 1.71B
12.7
NG NOVAGOLD RESOURCES I 916.84M -5.44M
-168.4
NSU NEVSUN RESOURCES LTD 187.55M -7.92M
-23.7
NXG NORTHGATE MINERALS L 429.64M 62.18M
6.9
OZN OREZONE RES INC 224.95M -1.60M
-140.4
PMU PACIFIC RIM MINING 51.04M 1.29M
39.6
QEE QUEENSTAKE RES LTD 139.99M -1.57M
-89.1
RBY RUBICON MINERALS COR 67.69M -1.03M
-65.9
RGLD ROYAL GOLD INC 564.99M 19.29M
29.3
RIC RICHMONT MINES 50.92M -114.75K
-443.7
RTP RIO TINTO PLC ADS 51.06B 8.50B
6.0
SA SEABRIDGE GOLD INC 239.21M -1.43M
-166.7
TGB TASEKO MINES LTD 196.03M 19.52M
10.0
TRE TANZANIAN ROYALTY EX 485.48M -1.32M
-367.0
VGZ VISTA GOLD NEW 94.43M -3.82M
-24.7

Data: Yahoo Finance

Enterprise Value = (Market Capitalization) + (Debt, Minority Interests & Preferred Stock) - (Cash & Cash Equivalents)

Why is this a useful valuation ratio? Enterprise Value is the market value of the company (accounting for its debt and cash), while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a 'purified' earnings value.