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Gold Digger Resources (XCNQ:GDIG) Net Cash per Share : C$0.02 (As of Mar. 2024)


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What is Gold Digger 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). Gold Digger Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.02.

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

XCNQ:GDIG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 6.25   Med: 12.21   Max: 18.75
Current: 16

During the past 3 years, the highest Price-to-Net-Cash Ratio of Gold Digger Resources was 18.75. The lowest was 6.25. And the median was 12.21.

XCNQ:GDIG's Price-to-Net-Cash is ranked worse than
79.39% of 820 companies
in the Metals & Mining industry
Industry Median: 5.5 vs XCNQ:GDIG: 16.00

Gold Digger Resources Net Cash per Share Historical Data

The historical data trend for Gold Digger 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.

Gold Digger Resources Net Cash per Share Chart

Gold Digger Resources Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
- 0.04 0.02

Gold Digger Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.02 0.02

Competitive Comparison of Gold Digger Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Gold Digger 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.


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

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

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



Gold Digger 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.

Gold Digger Resources'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)
=(0.348-0.01-0)/14.359
=0.02

Gold Digger Resources's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.311-0.015-0)/14.439
=0.02

* 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.


Gold Digger Resources  (XCNQ:GDIG) 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.


Gold Digger Resources Net Cash per Share Related Terms

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Gold Digger Resources (XCNQ:GDIG) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Gold Digger Resources Inc is a mineral resource exploration and exploitation company with a concentration in battery and precious metals. The company's material property is the Regnault Project, consisting of approximately 71 contiguous mineral claims covering an area of approximately 23,678 Ha located north-northeast of Chibougamau in the Province of Quebec.
Executives
Blair Lawrence Naughty 10% Security Holder

Gold Digger Resources (XCNQ:GDIG) Headlines

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