USREF (Tactical Resources) Net Cash per Share: $-0.73 (As of Apr. 2026)

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USREF Tactical Resources Corp USREF
34 GF Score
Price $5.12
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What is Tactical Resources Net Cash per Share?

Tactical Resources USREF +10.64% 34 Net Cash per Share is $-0.73 as of Apr. 2026. GuruFocus rates USREF with a GF Score™ of 34/100. Among 1,045 Metals & Mining companies, Tactical Resources ranks worse than 95693.68% on this metric.

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). Tactical Resources's Net Cash per Share for the quarter that ended in Apr. 2026 was $-0.73.

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

During the past 5 years, the highest Price-to-Net-Cash Ratio of Tactical Resources was 22.50. The lowest was 8.33. And the median was 12.09.

USREF's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 7
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tactical Resources  (OTCPK:USREF) 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.


Tactical Resources Net Cash per Share Related Terms


Tactical Resources Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Tactical 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.

Tactical Resources Net Cash per Share Chart

Tactical Resources Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
Net Cash per Share
0.82 0.28 0.07 -0.26 -0.78

Tactical Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.65 -0.78 -0.83 -0.70 -0.73

Tactical Resources Net Cash per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Tactical 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.


Tactical Resources Price-to-Net-Cash vs Metals & Mining Industry

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

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


USREF
34GF Score
Tactical Resources Corp USREF
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Tactical 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.

Tactical Resources's Net Cash per Share for the fiscal year that ended in Jul. 2025 is calculated as

Net Cash per Share (A: Jul. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.047-5.586-0)/7.135
=-0.78

Tactical Resources's Net Cash per Share for the quarter that ended in Apr. 2026 is calculated as

Net Cash per Share (Q: Apr. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.606-6.755-0)/8.387
=-0.73

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-0.73 mean?
Tactical Resources (USREF) has a Net Cash per Share of $-0.73 as of Apr. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tactical Resources and its competitors. Over the past decade, Tactical Resources' Net Cash per Share has ranged from 8.33 to 22.50. According to the industry distribution chart, Tactical Resources ranks #999999 out of 1045 companies in the Metals & Mining industry.
Is Tactical Resources' Net Cash per Share too high?
Tactical Resources' current Net Cash per Share is $-0.73. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 22.50. Based on the distribution chart, Tactical Resources ranks #999999 out of 1045 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Tactical Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tactical Resources' Net Cash per Share compare to competitors?
According to the Metals & Mining industry distribution chart, Tactical Resources ranks #999999 out of 1045 companies for Net Cash per Share. This places Tactical Resources in the lower half of its industry. The industry median Net Cash per Share is 7.00. Historically, Tactical Resources' own Net Cash per Share has ranged from 8.33 to 22.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Metals & Mining company?
The median Net Cash per Share among Metals & Mining companies is 7.00, based on 1,045 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tactical Resources and its competitors. For the Metals & Mining industry, the median Net Cash per Share is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tactical Resources's current Net Cash per Share is $-0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactical Resources stock overvalued right now?
Tactical Resources (USREF) has a current Net Cash per Share of $-0.73. The current Net Cash per Share is $-0.73. Tactical Resources' overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Tactical Resources (USREF), the current Net Cash per Share is $-0.73 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tactical Resources Business Description

Other Exchanges TJ7:GermanyRARE:Canada
Address 1055 West Georgia Street, 1500 Royal Centre, Vancouver, BC, CAN, V6E 4N7
Tactical Resources Corp is an exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future. Its projects include Lac Ducharme Project, Sierra Blanca Quarry Project, and Peak Project.
34GF Score

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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.12
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