GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pershing Gold Corp (NAS:PGLC) » Definitions » Net Cash per Share

Pershing Gold (Pershing Gold) Net Cash per Share : $-0.09 (As of Dec. 2018)


View and export this data going back to 2009. Start your Free Trial

What is Pershing 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). Pershing Gold's Net Cash per Share for the quarter that ended in Dec. 2018 was $-0.09.

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

PGLC's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Pershing Gold Net Cash per Share Historical Data

The historical data trend for Pershing 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.

Pershing Gold Net Cash per Share Chart

Pershing 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 0.69 0.09 0.31 0.31 -0.09

Pershing Gold Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.31 0.20 0.09 -0.02 -0.09

Competitive Comparison of Pershing Gold's Net Cash per Share

For the Gold subindustry, Pershing 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.


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

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

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



Pershing 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.

Pershing 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)
=(0.996-4.15-0)/33.6769
=-0.09

Pershing Gold's Net Cash per Share for the quarter that ended in Dec. 2018 is calculated as

Net Cash per Share (Q: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.996-4.15-0)/33.6769
=-0.09

* 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.


Pershing Gold  (NAS:PGLC) 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.


Pershing Gold Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Pershing Gold's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pershing Gold (Pershing Gold) Business Description

Traded in Other Exchanges
N/A
Address
1658 Cole Boulevard, Building 6, Suite 210, Lakewood, CO, USA, 80401
Pershing Gold Corp is a gold and precious metals exploration company. It pursues exploration, development and mining opportunities primarily in Nevada. The company currently focuses on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada. The Relief Canyon properties are located about 100 miles northeast of Reno, Nevada. It operates its business directly and also through its wholly-owned subsidiary, Gold Acquisition Corp. The company seek properties with known mineralization that are in an advanced stage of exploration and have previously undergone drilling but are under-explored.
Executives
Jeffrey G Clevenger director 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Barry C Honig 10 percent owner 215 SE SPANISH TRAIL, BOCA RATON FL 33432
Edward M Karr director RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Timothy Mark Janke officer: Chief Operating Officer 5625 PATRICIAN WAY, WINNEMUCCA NV 89445
Eric Alexander officer: VP Finance and Controller 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Douglass Scott Barr director 10901 WEST TOLLER DRIVE, SUITE 300 LITTLETON CO 80127-6312
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
David Rector director
Adam C Wasserman officer: Chief Financial Officer 1643 ROYAL GROVE WAY, WESTON FL 33327