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Granite Creek Copper (TSXV:GCX) Net Cash per Share : C$-0.01 (As of Feb. 2024)


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What is Granite Creek Copper 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). Granite Creek Copper's Net Cash per Share for the quarter that ended in Feb. 2024 was C$-0.01.

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

During the past 12 years, the highest Price-to-Net-Cash Ratio of Granite Creek Copper was 27.00. The lowest was 8.00. And the median was 15.00.

TSXV:GCX's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.2
* Ranked among companies with meaningful Price-to-Net-Cash only.

Granite Creek Copper Net Cash per Share Historical Data

The historical data trend for Granite Creek Copper'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.

Granite Creek Copper Net Cash per Share Chart

Granite Creek Copper Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 May21 May22 May23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 - 0.01 -0.01 -0.01

Granite Creek Copper Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.02 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Granite Creek Copper's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Granite Creek Copper'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.


Granite Creek Copper's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Granite Creek Copper's Price-to-Net-Cash falls into.



Granite Creek Copper 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.

Granite Creek Copper's Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

Net Cash per Share (A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.887-2.343-0)/152.565
=-0.01

Granite Creek Copper's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.021-1.861-0)/160.768
=-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.


Granite Creek Copper  (TSXV:GCX) 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.


Granite Creek Copper Net Cash per Share Related Terms

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Granite Creek Copper (TSXV:GCX) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Granite Creek Copper Ltd is a Vancouver-based, public exploration company. It is in the business of acquiring and carrying out exploration on mineral properties, especially those with precious metals potential, to establish a mineable mineral resource. The company primarily explores gold and other mineral deposits. Granite Creek holds an interest in the Stu Copper-Gold Project located in the Minto Copper District of Canada's Yukon Territory.
Executives
Robert Sennott Director

Granite Creek Copper (TSXV:GCX) Headlines

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