Xanadu Mines EV/EBIT
What is the EV/EBIT of Xanadu Mines?
The EV/EBIT of Xanadu Mines Limited is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Materials sector on TSX compared to Xanadu Mines
What does Xanadu Mines do?
Xanadu Mines Limited engages in the exploration and development of various mineral projects in Mongolia. The company primarily explores for copper and gold deposits. Its flagship project is the Kharmagtai copper-gold project located in Omnogovi province to the southeast of Ulaanbaatar. The company also holds interest in the Red Mountain copper-gold project located in the Dornogovi Province of southern Mongolia. Xanadu Mines Limited has a strategic partnership with Zijin Mining Group Co., Ltd to progress the Kharmagtai copper-gold project through its next phase of project evaluation and decision on future development. The company was incorporated in 2005 and is headquartered in Sydney, Australia.
Companies with ev/ebit similar to Xanadu Mines
- American Pacific Mining has EV/EBIT of N/A
- Mimedia Inc has EV/EBIT of N/A
- Shri Dinesh Mills has EV/EBIT of N/A
- Endurance Capital has EV/EBIT of N/A
- Apogee Minerals Ltd has EV/EBIT of N/A
- Karyopharm Therapeutics Inc has EV/EBIT of N/A
- Xanadu Mines has EV/EBIT of N/A
- Relay Therapeutics has EV/EBIT of N/A
- Poseida Therapeutics has EV/EBIT of N/A
- Pantera Minerals Ltd has EV/EBIT of N/A
- Zagg Inc has EV/EBIT of N/A
- Shirpur Gold Refinery has EV/EBIT of N/A
- Blue Rhino Capital has EV/EBIT of N/A