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Golden Metal Resources (LSE:GMET) Net Cash per Share : £0.00 (As of Dec. 2023)


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What is Golden Metal Resources 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). Golden Metal Resources's Net Cash per Share for the quarter that ended in Dec. 2023 was £0.00.

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

LSE:GMET' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9   Med: 9   Max: 22.6
Current: 21.5

During the past 2 years, the highest Price-to-Net-Cash Ratio of Golden Metal Resources was 22.60. The lowest was 9.00. And the median was 9.00.

LSE:GMET's Price-to-Net-Cash is ranked worse than
86.8% of 818 companies
in the Metals & Mining industry
Industry Median: 5.475 vs LSE:GMET: 21.50

Golden Metal Resources Net Cash per Share Historical Data

The historical data trend for Golden Metal 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.

* Premium members only.

Golden Metal Resources Net Cash per Share Chart

Golden Metal Resources Annual Data
Trend Jun22 Jun23
Net Cash per Share
- 0.01

Golden Metal Resources Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Net Cash per Share - - 0.01 -

Competitive Comparison of Golden Metal Resources's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Golden Metal 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.


Golden Metal Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Golden Metal 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.

Golden Metal Resources's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.086-0.328-0)/85.0003
=0.01

Golden Metal Resources's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.6-0.189-0)/85.6179
=0.00

* 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.


Golden Metal Resources  (LSE:GMET) 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.


Golden Metal Resources Net Cash per Share Related Terms

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Golden Metal Resources (LSE:GMET) Business Description

Traded in Other Exchanges
Address
201 Temple Chambers, 3-7 Temple Avenue, London, GBR, EC4Y 0DT
Golden Metal Resources PLC is a London-based precious and strategic metals exploration company which controls interests in four prospective projects in mining friendly Nevada. The company's primary project portfolio comprise Pilot Mountain Project, Golconda Summit Project, Kibby Basin Project, Garfield Project, and Stonewall Project.

Golden Metal Resources (LSE:GMET) Headlines