RGCCF (Relevant Gold) Piotroski F-Score: 3 (As of Jun. 26, 2026) — Near Median


RGCCF Relevant Gold Corp RGCCF
26 GF Score
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What is Relevant Gold Piotroski F-Score?

Relevant Gold RGCCF -3.37% 26 Piotroski F-Score is 3 as of Jun. 26, 2026, which is at its 10-year median of 3.00. GuruFocus rates RGCCF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 2,512 Metals & Mining companies, Relevant Gold ranks better than 59% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Relevant Gold has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Relevant Gold's Piotroski F-Score or its related term are showing as below:

RGCCF' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 3   Max: 3
Current: 3

During the past 5 years, the highest Piotroski F-Score of Relevant Gold was 3. The lowest was 1. And the median was 3.

Relevant Gold  (OTCPK:RGCCF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Relevant Gold Piotroski F-Score Related Terms


Relevant Gold Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Relevant Gold's Piotroski F-Score 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.

Relevant Gold Piotroski F-Score Chart

Relevant Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
N/A N/A 3.00 1.00 3.00

Relevant Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 3.00 2.00 3.00 3.00 3.00

RGCCF vs NEM, AU: Piotroski F-Score Comparison

For the Gold subindustry, Relevant Gold's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Relevant Gold Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Relevant Gold's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Relevant Gold's Piotroski F-Score falls into.


RGCCF
26GF Score
Relevant Gold Corp RGCCF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was -1.097 + -3.243 + -1.498 + -0.835 = $-6.67 Mil.
Cash Flow from Operations was -0.692 + -2.572 + -1.832 + -1.012 = $-6.11 Mil.
Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5.992 + 5.795 + 3.113 + 3.263 + 2.747) / 5 = $4.182 Mil.
Total Assets at the begining of this year (Mar25) was $5.99 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $2.41 Mil.
Total Current Liabilities was $0.24 Mil.
Net Income was -0.472 + -1.163 + -0.411 + -0.261 = $-2.31 Mil.

Revenue was 0 + 0 + 0 + 0 = $0.00 Mil.
Gross Profit was 0 + 0 + 0 + 0 = $0.00 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(0.66 + 1.352 + 1.052 + 0.35 + 5.992) / 5 = $1.8812 Mil.
Total Assets at the begining of last year (Mar24) was $0.66 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Current Assets was $5.87 Mil.
Total Current Liabilities was $0.18 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Relevant Gold's current Net Income (TTM) was -6.67. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Relevant Gold's current Cash Flow from Operations (TTM) was -6.11. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=-6.673/5.992
=-1.11365154

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-2.307/0.66
=-3.49545455

Relevant Gold's return on assets of this year was -1.11365154. Relevant Gold's return on assets of last year was -3.49545455. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Relevant Gold's current Net Income (TTM) was -6.67. Relevant Gold's current Cash Flow from Operations (TTM) was -6.11. ==> -6.11 > -6.67 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/4.182
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1.8812
=0

Relevant Gold's gearing of this year was 0. Relevant Gold's gearing of last year was 0. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=2.413/0.239
=10.09623431

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=5.874/0.177
=33.18644068

Relevant Gold's current ratio of this year was 10.09623431. Relevant Gold's current ratio of last year was 33.18644068. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Relevant Gold's number of shares in issue this year was 119.098. Relevant Gold's number of shares in issue last year was 81.315. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=0/0
=

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=0/0
=

Relevant Gold's gross margin of this year was . Relevant Gold's gross margin of last year was . ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=0/5.992
=0

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0/0.66
=0

Relevant Gold's asset turnover of this year was 0. Relevant Gold's asset turnover of last year was 0. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+0+1+1+1+0+0+0+0
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Relevant Gold has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Relevant Gold (RGCCF) has a Piotroski F-Score of 3 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Relevant Gold and its competitors. This is near median its historical median of 3.00. Over the past decade, Relevant Gold's Piotroski F-Score has ranged from 1.00 to 3.00. According to the industry distribution chart, Relevant Gold ranks #1030 out of 2512 companies in the Metals & Mining industry, placing it in the top 41%.
Is Relevant Gold's Piotroski F-Score too high?
Relevant Gold's current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 3.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Relevant Gold's value of 3 is 0% at this industry median. Based on the distribution chart, Relevant Gold ranks #1030 out of 2512 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Relevant Gold has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Relevant Gold's Piotroski F-Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Relevant Gold ranks #1030 out of 2512 companies for Piotroski F-Score. This puts Relevant Gold in the upper half of its industry. The industry median Piotroski F-Score is 3.00. Relevant Gold's value of 3 is 0% at this benchmark. Historically, Relevant Gold's own Piotroski F-Score has ranged from 1.00 to 3.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 3.00, Relevant Gold has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,512 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Relevant Gold's current Piotroski F-Score of 3 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Relevant Gold and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relevant Gold's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relevant Gold stock overvalued right now?
Relevant Gold (RGCCF) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 0% at the Metals & Mining industry median of 3.00. Relevant Gold's overall GF Score™ is 26/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Relevant Gold (RGCCF), the current Piotroski F-Score is 3 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Relevant Gold Business Description

Other Exchanges RGC:Canada
Address Bentall Four - 1055 Dunsmuir Street, Suite 3000, Vancouver, BC, CAN, V7X 1K8
Relevant Gold Corp is a North American gold exploration company. It is focused on the acquisition, exploration, discovery, and development of district Not for dissemination in or into the United States or through U.S. It is an early-stage gold explorer developing Abitibi-like potential in Wyoming, USA. Its projects include Bradley Peak, Lewiston, Golden Buffalo, Shield-Carissa, and Windy Flats.
26GF Score

Get the complete analysis for RGCCF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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