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Teras Resources (TSXV:TRA) Net Cash per Share : C$0.00 (As of Feb. 2023)


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What is Teras 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). Teras Resources's Net Cash per Share for the quarter that ended in Feb. 2023 was C$0.00.

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

TSXV:TRA's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

Teras Resources Net Cash per Share Historical Data

The historical data trend for Teras 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.

Teras Resources Net Cash per Share Chart

Teras Resources Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Net Cash per Share
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Teras Resources Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Competitive Comparison of Teras Resources's Net Cash per Share

For the Gold subindustry, Teras 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.


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

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

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



Teras 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.

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

Net Cash per Share (A: May. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.618-0.798-0)/251.095
=-0.00

Teras Resources's Net Cash per Share for the quarter that ended in Feb. 2023 is calculated as

Net Cash per Share (Q: Feb. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.251-0.933-0)/251.095
=-0.00

* 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.


Teras Resources  (TSXV:TRA) 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.


Teras Resources Net Cash per Share Related Terms

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Teras Resources (TSXV:TRA) Business Description

Traded in Other Exchanges
Address
206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1
Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.
Executives
Joe Carrabba Director, Senior Officer

Teras Resources (TSXV:TRA) Headlines

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