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Luna Gold (Luna Gold) Net Cash per Share : $-2.43 (As of Sep. 2016)


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What is Luna Gold 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). Luna Gold's Net Cash per Share for the quarter that ended in Sep. 2016 was $-2.43.

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

LGCUF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.305
* Ranked among companies with meaningful Price-to-Net-Cash only.

Luna Gold Net Cash per Share Historical Data

The historical data trend for Luna Gold'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.

Luna Gold Net Cash per Share Chart

Luna Gold Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.23 -3.39 -6.32 -5.59 -1.66

Luna Gold Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -1.60 -1.66 -2.26 -2.84 -2.43

Competitive Comparison of Luna Gold's Net Cash per Share

For the Gold subindustry, Luna Gold'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.


Luna Gold's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Luna Gold's Price-to-Net-Cash falls into.



Luna Gold 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.

Luna Gold's Net Cash per Share for the fiscal year that ended in Dec. 2015 is calculated as

Net Cash per Share (A: Dec. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7.931-55.39-0)/28.5394
=-1.66

Luna Gold's Net Cash per Share for the quarter that ended in Sep. 2016 is calculated as

Net Cash per Share (Q: Sep. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(16.304-110.665-0)/38.879
=-2.43

* 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.


Luna Gold  (OTCPK:LGCUF) 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.


Luna Gold Net Cash per Share Related Terms

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Luna Gold (Luna Gold) Business Description

Traded in Other Exchanges
N/A
Address
Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The Company faces competition from a number of large established companies with substantial capabilities, and greater financial and technical resources than the Company. The exploration and development activities related to the mining operations are subject to various federal, provincial and local laws governing prospecting, development, production, taxes, labour standards and occupational health, mine safety, toxic substance and other matters.

Luna Gold (Luna Gold) Headlines

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