Vantex Resources (TSXV:VAX) Cash per Share : C$0.25 (As of Oct. 2023)

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What is Vantex Resources Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Vantex Resources's Cash per Share for the quarter that ended in Oct. 2023 was C$0.25.

Vantex Resources Cash per Share Historical Data

The historical data trend for Vantex Resources's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vantex Resources Cash per Share Chart

Vantex Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash per Share

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0.01

0.33

0.26

0.25

Vantex Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash per Share	Get a 7-Day Free Trial															0.26	0.27	0.11	0.09	0.25

Vantex Resources Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Vantex Resources's Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.219	/	4.81
	=	0.25

Vantex Resources's Cash per Share for the quarter that ended in Oct. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.219	/	4.81
	=	0.25

Vantex Resources (TSXV:VAX) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Vantex Resources Cash per Share Related Terms

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Vantex Resources (TSXV:VAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vantex Resources Ltd (TSXV:VAX) » Definitions » Cash per Share

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VANTF:USA

Address

400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6

Website

https://www.vantexresources.com

Vantex Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and development of mining properties. The company owns an interest in the Galloway project which includes several properties Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III and Renault Bay among others.

Executives

Anthony Jackson

Director, Senior Officer

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