Lavras Gold (TSXV:LGC) Net Cash per Share : C$0.06 (As of Sep. 2024)

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What is Lavras Gold 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). Lavras Gold's Net Cash per Share for the quarter that ended in Sep. 2024 was C$0.06.

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

TSXV:LGC' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.8 Med: 7.28 Max: 42.5
Current: 41.67

During the past 3 years, the highest Price-to-Net-Cash Ratio of Lavras Gold was 42.50. The lowest was 1.80. And the median was 7.28.

TSXV:LGC's Price-to-Net-Cash is ranked worse than
94.45% of 757 companies
in the Metals & Mining industry
Industry Median: 5.37 vs TSXV:LGC: 41.67

Lavras Gold Net Cash per Share Historical Data

The historical data trend for Lavras Gold'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.

Lavras Gold Net Cash per Share Chart

Lavras Gold Annual Data

Trend

Dec21

Dec22

Dec23

Net Cash per Share

0.09

0.20

Lavras Gold Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Net Cash per Share	Get a 7-Day Free Trial									0.24	0.20	0.16	0.11	0.06

Competitive Comparison of Lavras Gold's Net Cash per Share

For the Gold subindustry, Lavras Gold'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.

Lavras Gold's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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

Lavras Gold 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.

Lavras Gold's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.053	-	0.774	-	0)	/	51.353
=	0.20

Lavras Gold's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

	Net Cash per Share (Q: Sep. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.2	-	1.146	-	0)	/	51.3643
=	0.06

Lavras Gold (TSXV:LGC) 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.

Lavras Gold Net Cash per Share Related Terms

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Lavras Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lavras Gold Corp (TSXV:LGC) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

LGCFF:USA

Address

82 Richmond Street East, Suite 201, Toronto, ON, CAN, M5C 1P1

Website

https://www.lavrasgold.com

Lavras Gold Corp is a exploration company engaged in the exploration and development of the Lavras do Sul gold project located in the state of Rio Grande do Sul, Brazil. The Lavras do Sul gold project is an advanced exploration stage property that is approximately 190 square km in size and comprised of more than 23 prospects centered on historic gold workings. The Company's Current projects include Butia Gold Prospect and the LDS project in Brazil.

Executives

2176423 Ontario Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
Rostislav Christov Raykov	Director
Lawrence Lepard	Director
Rowland Wallace Uloth	Director, Senior Officer
Alexander David Birkett	Director
Michael Christopher Durose	Director, Senior Officer
Jonathan Victor Hill	Director
Baccarat Trade Investments Ltd.	10% Security Holder