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Cosa Resources (TSXV:COSA) Net Cash per Share : C$0.08 (As of Mar. 2024)


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What is Cosa 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). Cosa Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.08.

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

TSXV:COSA' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 3.33   Med: 5.84   Max: 10
Current: 3.81

During the past 2 years, the highest Price-to-Net-Cash Ratio of Cosa Resources was 10.00. The lowest was 3.33. And the median was 5.84.

TSXV:COSA's Price-to-Net-Cash is ranked better than
60.37% of 805 companies
in the Metals & Mining industry
Industry Median: 5.24 vs TSXV:COSA: 3.81

Cosa Resources Net Cash per Share Historical Data

The historical data trend for Cosa 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.

Cosa Resources Net Cash per Share Chart

Cosa Resources Annual Data
Trend Oct21 Oct22
Net Cash per Share
0.01 0.05

Cosa Resources Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Dec23 Mar24
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 0.04 0.04 0.09 0.06 0.08

Competitive Comparison of Cosa Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Cosa 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.


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

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

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



Cosa 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.

Cosa Resources's Net Cash per Share for the fiscal year that ended in Oct. 2022 is calculated as

Net Cash per Share (A: Oct. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.841-0.144-0)/33.7251
=0.05

Cosa Resources's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(7.119-2.722-0)/56.5141
=0.08

* 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.


Cosa Resources  (TSXV:COSA) 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.


Cosa Resources Net Cash per Share Related Terms

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Cosa Resources (TSXV:COSA) Business Description

Traded in Other Exchanges
Address
1295 Richards Street, Suite 801, Vancouver, BC, CAN, V6B 1B7
Cosa Resources Corp is a natural resource company engaged in the acquisition and exploration of mining properties. The company is focused on the Heron Property, located north of La Ronge, Saskatchewan, and the Athabasca Uranium Properties.
Executives
Andrew Cameron Carmichael Senior Officer

Cosa Resources (TSXV:COSA) Headlines

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