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Goldrea Resources (XCNQ:GOR) Net Cash per Share : C$0.00 (As of Jan. 2024)


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What is Goldrea 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). Goldrea Resources's Net Cash per Share for the quarter that ended in Jan. 2024 was C$0.00.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Goldrea Resources was 13.00. The lowest was 7.50. And the median was 9.50.

XCNQ:GOR'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.

Goldrea Resources Net Cash per Share Historical Data

The historical data trend for Goldrea 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.

Goldrea Resources Net Cash per Share Chart

Goldrea Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net Cash per Share
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Goldrea Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Goldrea Resources's Net Cash per Share

For the Other Industrial Metals & Mining subindustry, Goldrea 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.


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

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

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



Goldrea 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.

Goldrea Resources's Net Cash per Share for the fiscal year that ended in Jul. 2023 is calculated as

Net Cash per Share (A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.008-0.245-0)/85.2754
=-0.00

Goldrea Resources's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.004-0.315-0)/85.2754
=-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.


Goldrea Resources  (XCNQ:GOR) 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.


Goldrea Resources Net Cash per Share Related Terms

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Goldrea Resources (XCNQ:GOR) Business Description

Traded in Other Exchanges
Address
889 West Pender Street, Suite 606, Vancouver, BC, CAN, V6C 3B2
Goldrea Resources Corp is engaged in the business of exploration and development of mineral properties. The mineral properties of the company are located in geographic regions of Canada, the USA, and Peru. The properties of the group located in Canada are Cannonball property, Link property.
Executives
David Tingey Director
Allan Eratie Director

Goldrea Resources (XCNQ:GOR) Headlines

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