Golden Spike Resources (XCNQ:GLDS) FCF Yield % : -3.48 (As of Apr. 28, 2024)

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What is Golden Spike Resources FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Golden Spike Resources's Trailing 12-Month Free Cash Flow is C$-0.21 Mil, and Market Cap is C$6.09 Mil. Therefore, Golden Spike Resources's FCF Yield % for today is -3.48%.

The historical rank and industry rank for Golden Spike Resources's FCF Yield % or its related term are showing as below:

XCNQ:GLDS' s FCF Yield % Range Over the Past 10 Years
Min: -41.72 Med: 0 Max: 0
Current: -3.48

XCNQ:GLDS's FCF Yield % is ranked better than
74.02% of 2706 companies
in the Metals & Mining industry
Industry Median: -13.38 vs XCNQ:GLDS: -3.48

Golden Spike Resources's FCF Margin % for the quarter that ended in Feb. 2024 was 0.00%.

Golden Spike Resources FCF Yield % Historical Data

The historical data trend for Golden Spike Resources's FCF Yield % 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.

Golden Spike Resources FCF Yield % Chart

Golden Spike Resources Annual Data

Trend

Aug20

Aug21

Aug22

Aug23

FCF Yield %

-10.40

-14.90

Golden Spike Resources Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
FCF Yield %	Get a 7-Day Free Trial								-23.41	-14.91	-	-9.75	-20.54

Competitive Comparison of Golden Spike Resources's FCF Yield %

For the Other Precious Metals & Mining subindustry, Golden Spike Resources's FCF Yield %, along with its competitors' market caps and FCF Yield % 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.

Golden Spike Resources's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Spike Resources's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Golden Spike Resources's FCF Yield % falls into.

Golden Spike Resources FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Golden Spike Resources's FCF Yield % for the fiscal year that ended in Aug. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-0.807	/	5.415
	=	-14.90%

Golden Spike Resources's annualized FCF Yield % for the quarter that ended in Feb. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.146	*	4	/	2.842875
	=	-20.54%

Golden Spike Resources FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Golden Spike Resources FCF Yield % Related Terms

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Golden Spike Resources (XCNQ:GLDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Spike Resources Corp (XCNQ:GLDS) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

GSPRF:USA

Address

830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6

Website

https://www.goldenspikeresources.com

Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's property is the Camping Lake Project, consisting of five contiguous mineral claims covering an area of approximately 2,132.4 Ha northwest of Ear Falls in the Province of Ontario.

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