CLRMF (Clean Air Metals) Net Cash per Share: $-0.01 (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Clean Air Metals Net Cash per Share?

Clean Air Metals CLRMF Net Cash per Share is $-0.01 as of Apr. 2026. Among 1,060 Metals & Mining companies, Clean Air Metals ranks worse than 94339.53% on this metric.

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). Clean Air Metals's Net Cash per Share for the quarter that ended in Apr. 2026 was $-0.01.

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

During the past 8 years, the highest Price-to-Net-Cash Ratio of Clean Air Metals was 20.00. The lowest was 2.00. And the median was 6.00.

CLRMF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7.5
* Ranked among companies with meaningful Price-to-Net-Cash only.

Clean Air Metals  (OTCPK:CLRMF) 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.


Clean Air Metals Net Cash per Share Related Terms


Clean Air Metals Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Clean Air Metals'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.

Clean Air Metals Net Cash per Share Chart

Clean Air Metals Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Net Cash per Share
Get a 7-Day Free Trial -0.02 0.01 0.01 0.00 -0.01

Clean Air Metals Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 -0.01 -0.01 -0.01

CLRMF vs HL: Net Cash per Share Comparison

For the Other Precious Metals & Mining subindustry, Clean Air Metals'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.


Clean Air Metals Price-to-Net-Cash vs Metals & Mining Industry

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

* The bar in red indicates where Clean Air Metals's Price-to-Net-Cash falls into.



Clean Air Metals 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.

Clean Air Metals's Net Cash per Share for the fiscal year that ended in Jan. 2026 is calculated as

Net Cash per Share (A: Jan. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.823-2.63-0)/250.557
=-0.01

Clean Air Metals's Net Cash per Share for the quarter that ended in Apr. 2026 is calculated as

Net Cash per Share (Q: Apr. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.483-2.615-0)/250.557
=-0.01

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.01 mean?
Clean Air Metals (CLRMF) has a Net Cash per Share of $-0.01 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Clean Air Metals and its competitors. According to the industry distribution chart, Clean Air Metals ranks #999999 out of 1060 companies in the Metals & Mining industry.
Is Clean Air Metals' Net Cash per Share too high?
Clean Air Metals' current Net Cash per Share is $-0.01. Based on the distribution chart, Clean Air Metals ranks #999999 out of 1060 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Clean Air Metals' Net Cash per Share compare to HL?
According to the Metals & Mining industry distribution chart, Clean Air Metals ranks #999999 out of 1060 companies for Net Cash per Share. This places Clean Air Metals in the lower half of its industry. The industry median Net Cash per Share is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.50, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Clean Air Metals and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Air Metals's current Net Cash per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Air Metals stock overvalued right now?
Clean Air Metals (CLRMF) has a current Net Cash per Share of $-0.01. The current Net Cash per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Clean Air Metals (CLRMF), the current Net Cash per Share is $-0.01 as of Apr. 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.

Clean Air Metals Business Description

Other Exchanges CKU:GermanyAIR:Canada
Address 100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4
Clean Air Metals Inc is engaged in the exploration and evaluation of mineral properties in Canada. The Company's projects include the Thunder Bay North Property, located northeast of the city of Thunder Bay within the Thunder Bay Mining Division in northwest Ontario, Canada, and the Triple Flag Net Smelter Royalty project.