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Monarca Minerals (TSXV:MMN) Net Cash per Share : C$-0.04 (As of May. 2024)


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What is Monarca Minerals 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). Monarca Minerals's Net Cash per Share for the quarter that ended in May. 2024 was C$-0.04.

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

TSXV:MMN'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.

Monarca Minerals Net Cash per Share Historical Data

The historical data trend for Monarca Minerals'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.

Monarca Minerals Net Cash per Share Chart

Monarca Minerals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.01 -0.02 -0.03 -0.03

Monarca Minerals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.03 -0.03 -0.04 -0.04

Competitive Comparison of Monarca Minerals's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Monarca Minerals'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.


Monarca Minerals's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Monarca Minerals 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.

Monarca Minerals's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Net Cash per Share (A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.008-4.277-0)/126.555
=-0.03

Monarca Minerals's Net Cash per Share for the quarter that ended in May. 2024 is calculated as

Net Cash per Share (Q: May. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.002-4.675-0)/126.555
=-0.04

* 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.


Monarca Minerals  (TSXV:MMN) 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.


Monarca Minerals Net Cash per Share Related Terms

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Monarca Minerals (TSXV:MMN) Business Description

Traded in Other Exchanges
Address
18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4
Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.
Executives
Carlos Enrique Espinosa Jove Director

Monarca Minerals (TSXV:MMN) Headlines

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