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Zinco Mining (TSXV:ZIM.H) Net Cash per Share : C$-0.03 (As of Jun. 2017)


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What is Zinco Mining 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). Zinco Mining's Net Cash per Share for the quarter that ended in Jun. 2017 was C$-0.03.

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

TSXV:ZIM.H's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.6
* Ranked among companies with meaningful Price-to-Net-Cash only.

Zinco Mining Net Cash per Share Historical Data

The historical data trend for Zinco Mining'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.

Zinco Mining Net Cash per Share Chart

Zinco Mining Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.02 -0.02 -0.03

Zinco Mining Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.03 -0.02 -0.03 -0.03

Competitive Comparison of Zinco Mining's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Zinco Mining'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.


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

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

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



Zinco Mining 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.

Zinco Mining's Net Cash per Share for the fiscal year that ended in Sep. 2016 is calculated as

Net Cash per Share (A: Sep. 2016 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.003-1.04-0)/41.1287
=-0.03

Zinco Mining's Net Cash per Share for the quarter that ended in Jun. 2017 is calculated as

Net Cash per Share (Q: Jun. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.014-1.108-0)/41.1287
=-0.03

* 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.


Zinco Mining  (TSXV:ZIM.H) 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.


Zinco Mining Net Cash per Share Related Terms

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Zinco Mining (TSXV:ZIM.H) Business Description

Traded in Other Exchanges
N/A
Address
16055 Fraser Highway, Suite 825, 205, Surrey, BC, CAN, V4N 0G2
Zinco Mining Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, and development of its mineral interests. The firm is in the process of exploring its exploration and evaluation assets. It is engaged in the discovery and development of volcanogenic massive sulfide (VMS) deposits in Mexico. The firm, through its subsidiary, Minera Croesus S.A. de C.V., owns approximately seven mining concessions that define the VMS Project.

Zinco Mining (TSXV:ZIM.H) Headlines

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