MRRDF (Meridian Mining) Net Cash per Share: $0.19 (As of Jun. 2026) — 98% Below Median

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.

MRRDF Meridian Mining PLC MRRDF
28 GF Score
Price $1.25
! 1 Warning Sign
View Full Analysis

What is Meridian Mining Net Cash per Share?

Meridian Mining MRRDF -1.46% 28 Net Cash per Share is $0.19 as of Jun. 2026, which is 98% below its 10-year median of 10.50. GuruFocus rates MRRDF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,061 Metals & Mining companies, Meridian Mining ranks better than 56.93% 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). Meridian Mining's Net Cash per Share for the quarter that ended in Jun. 2026 was $0.19.

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

MRRDF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.93   Med: 10.5   Max: 47
Current: 6.25

During the past 13 years, the highest Price-to-Net-Cash Ratio of Meridian Mining was 47.00. The lowest was 5.93. And the median was 10.50.

MRRDF's Price-to-Net-Cash is ranked better than
56.93% of 1061 companies
in the Metals & Mining industry
Industry Median: 7.5 vs MRRDF: 6.25

Meridian Mining  (OTCPK:MRRDF) 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.


Meridian Mining Net Cash per Share Related Terms


Meridian Mining Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Meridian Mining'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.

Meridian Mining Net Cash per Share Chart

Meridian Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.01 0.02 0.02 0.09

Meridian Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.03 0.10 0.09 0.16 0.19

Meridian Mining Net Cash per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Meridian Mining'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.


Meridian Mining Price-to-Net-Cash vs Metals & Mining Industry

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

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


MRRDF
28GF Score
Meridian Mining PLC MRRDF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meridian Mining 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.

Meridian Mining's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(41.709-3.195-0)/419.458
=0.09

Meridian Mining's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(95.975-2.746-0)/487.119
=0.19

* 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 $0.19 mean?
Meridian Mining (MRRDF) has a Net Cash per Share of $0.19 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Meridian Mining and its competitors. This is 98% below median its historical median of 10.50. Over the past decade, Meridian Mining's Net Cash per Share has ranged from 5.93 to 47.00. According to the industry distribution chart, Meridian Mining ranks #457 out of 1061 companies in the Metals & Mining industry, placing it in the top 43.1%.
Is Meridian Mining's Net Cash per Share too high?
Meridian Mining's current Net Cash per Share of $0.19 is 98% below median its 10-year median of 10.50. Over the past 10 years, this metric has ranged from a low of 5.93 to a high of 47.00. The Metals & Mining industry median Net Cash per Share is 7.50. Meridian Mining's value of $0.19 is 97.5% below this industry median. Based on the distribution chart, Meridian Mining ranks #457 out of 1061 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Meridian Mining has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Meridian Mining's Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Meridian Mining ranks #457 out of 1061 companies for Net Cash per Share. This puts Meridian Mining in the upper half of its industry. The industry median Net Cash per Share is 7.50. Meridian Mining's value of $0.19 is 97.5% below this benchmark. Historically, Meridian Mining's own Net Cash per Share has ranged from 5.93 to 47.00 over the past decade. While the company's 10-year median is 10.50 vs. the industry median of 7.50, Meridian Mining 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 7.50, based on 1,061 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. Meridian Mining's current Net Cash per Share of $0.19 is 97.5% 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 Meridian Mining 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. Meridian Mining's current Net Cash per Share is $0.19, which is 98% below median its own 10-year median of 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Mining stock overvalued right now?
Meridian Mining (MRRDF) has a current Net Cash per Share of $0.19. The current Net Cash per Share is $0.19, which is 98% below median its 10-year median of 10.50 and 97.5% below the Metals & Mining industry median of 7.50. Meridian Mining's overall GF Score™ is 28/100 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 Meridian Mining (MRRDF), the current Net Cash per Share is $0.19 as of Jun. 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.

Meridian Mining Business Description

Address 4 More London Riverside, 8th Floor, London, GBR, SE1 2AU
Meridian Mining PLC is engaged in the exploration and development of mineral deposits in Brazil. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Santa Helena and Espigao.
28GF Score

Get the complete analysis for MRRDF

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

$1.25
Price