New CMA Valuation by Goldminerpulse Goldminerpulse has CMA figures available…. Highlights below:
(Note the 41.5 million ounces of silver estimate equals 830,000 gold equiv ounces – using 50 to 1 ratio)
Silver Mining Company Comparisons on the basis of Ore Value per tonne
The following chart shows the market capitalization per ounce of silver equivalent versus the ore value per tonne for each company on the silver list using spot metal market prices, stock prices and company reserves and resources. The effective date was 2012-Aug-22, after the close of Canadian markets. Each silver stock's position on the chart is represented by its Canadian stock trading symbol.
US$1.66 was the average market capitalization per ounce of silver equivalent for the silver mining companies in the Silver List on 2012-Aug-22. The average ore value per tonne was US$87.22 per tonne.
All calcuations are based on the company NI 43-101 complaint reserve and resource disclosures which are documented in per company GoldMinerPulse metal valuation reports. Each company's stock trading symbol is linked to its GoldMinerPusle metal valuation report. A trailing * after the trading symbol denotes recent production.
The percentage break down of NI 43-101 proven+probable reserves and measured + indicated and inferrred resources making up the market capitalization and grade calcuations are show in the table below the chart.
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CMA
Mrkt Cap/Oz = $.21
In Situ Ag = 41.5 million ounces
Avg Ag Grade = 251 g/t
Ore Value = $329.37 per tonne
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Legend
- *: A silver stock's trading symbol has a * suffix if the mining company has recent production
- Ag: Silver
- Eq: Equivalent
- M oz: million ounces
- B oz: billion ounces
- In Situ: In ground contained metal. GoldMinerPulse always uses Most Optimistic Resource Estimate for In Situ.
- Mrkt Cap/Oz: Market capitalization per ounce of gold equivalent
- Avg Au Grade: Average gold ore grade in g/t (grams per tonne), from all deposits and all NI 43-101 classifications
- Ore Value: Average value of one tonne of ore in US$, from all deposits, all NI 43-101 classifications, all contained metals from the MORE
- PP%: Percentage of NI 43-101 Proven and Proble reserves making up the Market Capitalization per equivalent ounce
- MI%: Percentage of NI 43-101 Measured and Indicated resource making up the Market Capitalization per equivalent ounce
- I%: Percentage of NI 43-101 Inferred resource making up the Market Capitalization per equivalent ounce
- Sym: Canadian stock trading symbol for the company listed. The symbol is linked to a GoldMinerPulse metal valuation report on the company. The company's metal valuation report contains the full details on the MORE calculation and provides links back to the latest available NI 43-101 compliant disclosures.
https://www.goldminerpulse.com/silver-chart-ore-value.php