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Canamex Gold (STU:CX61) Net Cash per Share : €-0.11 (As of Sep. 2019)


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What is Canamex 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). Canamex Gold's Net Cash per Share for the quarter that ended in Sep. 2019 was €-0.11.

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

STU:CX61's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Canamex Gold Net Cash per Share Historical Data

The historical data trend for Canamex 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.

Canamex Gold Net Cash per Share Chart

Canamex Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.05 -0.04 -0.04 -0.09

Canamex Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.09 -0.09 -0.10 -0.11

Competitive Comparison of Canamex Gold's Net Cash per Share

For the Gold subindustry, Canamex 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.


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

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

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



Canamex 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.

Canamex Gold's Net Cash per Share for the fiscal year that ended in Dec. 2018 is calculated as

Net Cash per Share (A: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.039-5.547-0)/61.4961
=-0.09

Canamex Gold's Net Cash per Share for the quarter that ended in Sep. 2019 is calculated as

Net Cash per Share (Q: Sep. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.05-6.82-0)/61.4961
=-0.11

* 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.


Canamex Gold  (STU:CX61) 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.


Canamex Gold Net Cash per Share Related Terms

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Canamex Gold (STU:CX61) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7
Canamex Gold Corp is a mineral exploration company. The projects of the company are the bruner gold development project in Nevada and silverton gold project which is also located in Nevada.

Canamex Gold (STU:CX61) Headlines

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