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Red River Resources (ASX:RVR) Net Cash per Share : A$-0.05 (As of Jun. 2022)


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What is Red River Resources Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Red River Resources's Net Cash per Share for the quarter that ended in Jun. 2022 was A$-0.05.

The historical rank and industry rank for Red River Resources's Net Cash per Share or its related term are showing as below:

ASX:RVR's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

Red River Resources Net Cash per Share Historical Data

The historical data trend for Red River Resources's Net 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.

* Premium members only.

Red River Resources Net Cash per Share Chart

Red River Resources Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.06 -0.07 -0.05

Red River Resources Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.04 -0.07 -0.06 -0.05

Competitive Comparison of Red River Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Red River Resources's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red River Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Red River Resources's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Red River Resources's Price-to-Net-Cash falls into.



Red River Resources Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Red River Resources's Net Cash per Share for the fiscal year that ended in Jun. 2022 is calculated as

Net Cash per Share (A: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(11.988-40.127-0)/518.464
=-0.05

Red River Resources's Net Cash per Share for the quarter that ended in Jun. 2022 is calculated as

Net Cash per Share (Q: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(11.988-40.127-0)/518.464
=-0.05

* 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.


Red River Resources  (ASX:RVR) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Red River Resources Net Cash per Share Related Terms

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Red River Resources (ASX:RVR) Business Description

Traded in Other Exchanges
N/A
Address
18144 Flinders Highway, Thalanga Mine, Charters Towers, QLD, AUS, 4820
Red River Resources Ltd is seeking to build a multi-asset operating business focused on base and precious metals with the objective of delivering prosperity through lean and clever resource development. Its foundation asset is the Thalanga Base Metal Operation in Northern Queensland, where the company commenced copper, lead and zinc concentrate production in September 2017. It has acquired the high-grade Hillgrove Gold Project in New South Wales, which will enable the company to build a multi-asset operating business focused on base and precious metals. The company operates only in the industry of exploration for and development of minerals in Australia.

Red River Resources (ASX:RVR) Headlines