Laurion Mineral Exploration (TSXV:LME) Cash per Share : C$0.03 (As of Dec. 2023)

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What is Laurion Mineral Exploration Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Laurion Mineral Exploration's Cash per Share for the quarter that ended in Dec. 2023 was C$0.03.

Laurion Mineral Exploration Cash per Share Historical Data

The historical data trend for Laurion Mineral Exploration's 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.

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Laurion Mineral Exploration Cash per Share Chart

Laurion Mineral Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.01

0.03

Laurion Mineral Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash per Share	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Laurion Mineral Exploration Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Laurion Mineral Exploration's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	6.506	/	263.35
	=	0.02

Laurion Mineral Exploration's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	6.506	/	263.35
	=	0.02

Laurion Mineral Exploration (TSXV:LME) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Laurion Mineral Exploration Cash per Share Related Terms

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Laurion Mineral Exploration (TSXV:LME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Laurion Mineral Exploration Inc (TSXV:LME) » Definitions » Cash per Share

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LMEFF:USA

Address

40 King Street West, Suite 5800, Scotia Plaza, Toronto, ON, CAN, M5H 3S1

Website

http://www.laurion.ca

Laurion Mineral Exploration Inc is a Canadian based exploration company. It is engaged in the acquisition, exploration and development of mineral resource properties. The company has key interests in prospective mining properties of the Ishkoday gold project and the Midlothian and Doon property.

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