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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt No Debt
CEF's Cash to Debt is ranked higher than
94% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: No Debt )
CEF' s 10-Year Cash to Debt Range
Min: No Debt   Max: No Debt
Current: No Debt

Equity to Asset 0.999
CEF's Equity to Asset is ranked higher than
100% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 0.999 )
CEF' s 10-Year Equity to Asset Range
Min: 1   Max: 1
Current: 1

Interest Coverage No Debt
CEF's Interest Coverage is ranked higher than
93% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: No Debt )
CEF' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt

F-Score: 3
Z-Score: 1110.66
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 110.50
CEF's Operating margin (%) is ranked higher than
100% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 110.50 )
CEF' s 10-Year Operating margin (%) Range
Min: 98   Max: 110.5
Current: 110.5

98
110.5
Net-margin (%) 110.5
CEF's Net-margin (%) is ranked higher than
100% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 110.5 )
CEF' s 10-Year Net-margin (%) Range
Min: 98   Max: 110.5
Current: 110.5

98
110.5
ROE (%) -3.2
CEF's ROE (%) is ranked higher than
52% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: -3.2 )
CEF' s 10-Year ROE (%) Range
Min: -29.3   Max: 30.6
Current: -3.2

-29.3
30.6
ROA (%) -3.2
CEF's ROA (%) is ranked higher than
51% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: -3.2 )
CEF' s 10-Year ROA (%) Range
Min: -29.2   Max: 30.5
Current: -3.2

-29.2
30.5
» CEF's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

CEF Guru Trades in Q2 2012

Chuck Royce 876,500 sh (unchged)
» More
Q3 2012

CEF Guru Trades in Q3 2012

Columbia Wanger 227,000 sh (New)
Chuck Royce 876,500 sh (unchged)
» More
Q4 2012

CEF Guru Trades in Q4 2012

Columbia Wanger 281,600 sh (+24.05%)
Chuck Royce 976,500 sh (+11.41%)
» More
Q1 2013

CEF Guru Trades in Q1 2013

Chuck Royce 1,130,300 sh (+15.75%)
Columbia Wanger Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CEF



No Insider Trades Found!
» Financial Charts

Peter Lynch Chart

Ratios

vs
industry
vs
history
P/B 0.70
CEF's P/B is ranked higher than
80% of the 1139 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.92 vs. CEF: 0.70 )
CEF' s 10-Year P/B Range
Min: 0.68   Max: 1.57
Current: 0.7

0.68
1.57
EV-to-EBIT 4.1
CEF's EV-to-EBIT is ranked higher than
87% of the 732 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 11.72 vs. CEF: 4.1 )
CEF' s 10-Year EV-to-EBIT Range
Min: 1.8   Max: 8.1
Current: 4.1

1.8
8.1
Shiller P/E 11.9
CEF's Shiller P/E is ranked lower than
100% of the Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: vs. CEF: 11.9 )
CEF' s 10-Year Shiller P/E Range
Min: 0   Max: 12
Current: 11.9

0
12

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.06
CEF's Dividend Yield is ranked higher than
79% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 0.06 )
CEF' s 10-Year Dividend Yield Range
Min: 0.04   Max: 0.16
Current: 0.06

0.04
0.16
Dividend growth (3y) -15.9
CEF's Dividend growth (3y) is ranked lower than
54% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: -15.9 )
CEF' s 10-Year Dividend growth (3y) Range
Min: -15.9   Max: 18.9
Current: -15.9

-15.9
18.9
Yield on cost (5-Year) 0.07
CEF's Yield on cost (5-Year) is ranked higher than
80% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 0.07 )
CEF' s 10-Year Yield on cost (5-Year) Range
Min: 0.03   Max: 0.11
Current: 0.07

0.03
0.11
Share Buyback Rate -9.8
CEF's Share Buyback Rate is ranked lower than
51% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: -9.8 )
CEF' s 10-Year Share Buyback Rate Range
Min: -9.8   Max: -18.6
Current: -9.8

Valuation & Return

vs
industry
vs
history
Price/Net Cash 81.7
CEF's Price/Net Cash is ranked higher than
50% of the 278 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 6.20 vs. CEF: 81.7 )
CEF' s 10-Year Price/Net Cash Range
Min: 26.5   Max: 116.3
Current: 81.7

26.5
116.3
Price/Tangible Book 0.7
CEF's Price/Tangible Book is ranked higher than
82% of the 1080 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 1.00 vs. CEF: 0.7 )
CEF' s 10-Year Price/Tangible Book Range
Min: 1   Max: 1
Current: 0.7

Price/DCF (Projected) 1.1
CEF's Price/DCF (Projected) is ranked higher than
83% of the 454 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 1.10 vs. CEF: 1.1 )
CEF' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 1.3
Current: 1.1

Earnings Yield (Greenblatt) 24.30
CEF's Earnings Yield (Greenblatt) is ranked higher than
97% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 24.30 )
CEF' s 10-Year Earnings Yield (Greenblatt) Range
Min: 12.3   Max: 56.9
Current: 24.3

12.3
56.9
Forward Rate of Return (Yacktman) 1.28
CEF's Forward Rate of Return (Yacktman) is ranked higher than
95% of the 2402 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: 0.00 vs. CEF: 1.28 )
CEF' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 8   Max: 43.9
Current: 1.28

8
43.9

Business Description

The Company is a specialized closed-end investment holding company. It provides an alternative for investors interested in holding marketable gold and silver related investments. The Company invests primarily in long-term holdings of unencumbered, allocated and segregated gold and silver bullion, on which insurance is carried, and not to actively speculate with regard to short-term changes in gold and silver prices, thereby providing retail and institutional investors with an ability to effectively hold gold and silver bullion without the associated high transaction and handling costs and inconvenience. Its investment policies, established by the Board of Directors, require it to hold at least 90% of its net assets in gold and silver bullion, of which at least 85% must be in physical form.
Company Website
Industry: Industrial Metals & Minerals
Compare:BHP, RIO, CLF, XSRAY, AAUKY
Traded in other countries:CEF.A.Canada
» More Articles for AMEX:CEF

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