GLGDF (GoGold Resources) Net Cash per Share: $0.48 (As of Mar. 2026) — 94% Below Median

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GLGDF GoGold Resources Inc GLGDF
79 GF Score
Price $2.13
GF Value $2.47
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Net Cash per Share?

GoGold Resources GLGDF -0.93% 79 Net Cash per Share is $0.48 as of Mar. 2026, which is 94% below its 10-year median of 8.18. GuruFocus rates GLGDF with a GF Score™ of 79/100 and a GF Value™ of $2.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,049 Metals & Mining companies, GoGold Resources ranks better than 67.11% 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). GoGold Resources's Net Cash per Share for the quarter that ended in Mar. 2026 was $0.48.

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

GLGDF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.78   Med: 8.18   Max: 38.5
Current: 4.53

During the past 13 years, the highest Price-to-Net-Cash Ratio of GoGold Resources was 38.50. The lowest was 2.78. And the median was 8.18.

GLGDF's Price-to-Net-Cash is ranked better than
67.11% of 1049 companies
in the Metals & Mining industry
Industry Median: 6.75 vs GLGDF: 4.53

GoGold Resources  (OTCPK:GLGDF) 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.


GoGold Resources Net Cash per Share Related Terms


GoGold Resources Net Cash per Share Historical Data

* Premium members only.

The historical data trend for GoGold Resources'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.

GoGold Resources Net Cash per Share Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.17 0.23 0.13 0.27

GoGold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.14 0.28 0.27 0.46 0.48

GLGDF vs HL: Net Cash per Share Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources'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.


GoGold Resources Price-to-Net-Cash vs Metals & Mining Industry

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

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


GLGDF
79GF Score
GoGold Resources Inc GLGDF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources 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.

GoGold Resources's Net Cash per Share for the fiscal year that ended in Sep. 2025 is calculated as

Net Cash per Share (A: Sep. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(141.112-37.424-0)/378.444
=0.27

GoGold Resources's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(262.161-52.91-0)/433.451
=0.48

* 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 $0.48 mean?
GoGold Resources (GLGDF) has a Net Cash per Share of $0.48 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on GoGold Resources and its competitors. This is 94% below median its historical median of 8.18. Over the past decade, GoGold Resources' Net Cash per Share has ranged from 2.78 to 38.50. According to the industry distribution chart, GoGold Resources ranks #345 out of 1049 companies in the Metals & Mining industry, placing it in the top 32.9%.
Is GoGold Resources' Net Cash per Share too high?
GoGold Resources' current Net Cash per Share of $0.48 is 94% below median its 10-year median of 8.18. Over the past 10 years, this metric has ranged from a low of 2.78 to a high of 38.50. The Metals & Mining industry median Net Cash per Share is 6.75. GoGold Resources' value of $0.48 is 92.9% below this industry median. Based on the distribution chart, GoGold Resources ranks #345 out of 1049 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, GoGold Resources has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Net Cash per Share compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #345 out of 1049 companies for Net Cash per Share. This puts GoGold Resources in the upper half of its industry. The industry median Net Cash per Share is 6.75. GoGold Resources' value of $0.48 is 92.9% below this benchmark. Historically, GoGold Resources' own Net Cash per Share has ranged from 2.78 to 38.50 over the past decade. While the company's 10-year median is 8.18 vs. the industry median of 6.75, GoGold Resources has consistently been below 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 Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 6.75, based on 1,049 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. GoGold Resources's current Net Cash per Share of $0.48 is 92.9% below 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 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 GoGold Resources and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoGold Resources's current Net Cash per Share is $0.48, which is 94% below median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.47, compared to a current price of $2.13 — trading 13.8% below its estimated fair value. The current Net Cash per Share is $0.48, which is 94% below median its 10-year median of 8.18 and 92.9% below the Metals & Mining industry median of 6.75. GoGold Resources' overall GF Score™ is 79/100 with 1 warning sign to review. 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 GoGold Resources (GLGDF), the current Net Cash per Share is $0.48 as of Mar. 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.

Is GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.13 is trading 13.8% below its estimated GF Value™ of $2.47. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Net Cash per Share: $0.48 (94% below median its 10-year median of 8.18)
  • GF Value™: $2.47 vs. price of $2.13 (13.8% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 92.9% below the Metals & Mining median (#345 of 1049)

No single metric tells the full story. See the GLGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
79GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.13
Price
$2.47
GF Value