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QMC Quantum Minerals (QMC Quantum Minerals) Net Cash per Share : $-0.02 (As of Feb. 2024)


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What is QMC Quantum Minerals 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). QMC Quantum Minerals's Net Cash per Share for the quarter that ended in Feb. 2024 was $-0.02.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of QMC Quantum Minerals was 57.00. The lowest was 26.50. And the median was 41.75.

QMCQF'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.

QMC Quantum Minerals Net Cash per Share Historical Data

The historical data trend for QMC Quantum Minerals'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.

QMC Quantum Minerals Net Cash per Share Chart

QMC Quantum Minerals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.03 -0.01 -0.02 -0.02

QMC Quantum Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.02 -0.02 -0.02 -0.02 -0.02

Competitive Comparison of QMC Quantum Minerals's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, QMC Quantum Minerals'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.


QMC Quantum Minerals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where QMC Quantum Minerals's Price-to-Net-Cash falls into.



QMC Quantum Minerals 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.

QMC Quantum Minerals's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.194-2.12-0)/91.7108
=-0.02

QMC Quantum Minerals's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.215-2.169-0)/96.1108
=-0.02

* 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.


QMC Quantum Minerals  (OTCPK:QMCQF) 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.


QMC Quantum Minerals Net Cash per Share Related Terms

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QMC Quantum Minerals (QMC Quantum Minerals) Business Description

Traded in Other Exchanges
Address
755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6
QMC Quantum Minerals Corp is a company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company's precious, base, rare metal resource properties of merit. The company's properties include the Irgon Lithium Mine Project, the Rocky Lake property, Rocky-Namew and Namew Lake properties.

QMC Quantum Minerals (QMC Quantum Minerals) Headlines

From GuruFocus

QMC Hires SGS Canada for Resource Estimate

By PRNewswire PRNewswire 05-23-2018

QMC Doubles Strike Length of Irgon Dike to 800 Metres

By Marketwired Marketwired 10-30-2018

QMC Reports Historic Assays to 2.3% Li2O Over 7.3 Feet

By PRNewswire PRNewswire 05-09-2018

QMC 7.5 Million Share Financing Fully Subscribed

By PRNewswire PRNewswire 02-22-2021

QMC Completes Private Placement

By PRNewswire PRNewswire 10-20-2020

QMC Completes 3D Modeling for the Irgon Lithium Mine

By PRNewswire PRNewswire 03-28-2018

QMC Identifies 1,000 PPM Li In Significant Soil Anomaly

By PRNewswire PRNewswire 05-04-2021