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Lucky Minerals (Lucky Minerals) Net Cash per Share : $-0.01 (As of Jan. 2024)


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What is Lucky Minerals Net Cash per Share?

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). Lucky Minerals's Net Cash per Share for the quarter that ended in Jan. 2024 was $-0.01.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Lucky Minerals was 158.00. The lowest was 7.00. And the median was 16.84.

LKMNF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Lucky Minerals Net Cash per Share Historical Data

The historical data trend for Lucky Minerals'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.

* Premium members only.

Lucky Minerals Net Cash per Share Chart

Lucky Minerals Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Oct20 Oct21 Oct22 Oct23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.02 - - -0.01

Lucky Minerals Quarterly Data
Dec18 Mar19 Jun19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Lucky Minerals's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Lucky Minerals'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.


Lucky Minerals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Lucky Minerals 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.

Lucky Minerals's Net Cash per Share for the fiscal year that ended in Oct. 2023 is calculated as

Net Cash per Share (A: Oct. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.004-2.788-0)/202.254
=-0.01

Lucky Minerals's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.001-2.385-0)/202.254
=-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.


Lucky Minerals  (OTCPK:LKMNF) 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.


Lucky Minerals Net Cash per Share Related Terms

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Lucky Minerals (Lucky Minerals) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2
Lucky Minerals Inc is engaged in the business of acquiring and exploring large-scale mineral systems in some districts. It owns an interest in the Fortuna Project in Ecuador that is a royalty-free exploration property and has the potential for the discovery of epithermal gold and copper, moly, gold porphyry type mineralization, as others found in the Andean Cordillera.