CRSTF (Mineral Road Discovery) Net Current Asset Value: $0.07 (As of Nov. 2025) — 95% Below Median


What is Mineral Road Discovery Net Current Asset Value?

Mineral Road Discovery CRSTF Net Current Asset Value is $0.07 as of Nov. 2025, which is 95% below its 10-year median of 1.50. The stock has 1 warning sign investors should review. Among 1,338 Metals & Mining companies, Mineral Road Discovery ranks better than 98.43% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Mineral Road Discovery's net current asset value per share for the quarter that ended in Nov. 2025 was $0.07.

The historical rank and industry rank for Mineral Road Discovery's Net Current Asset Value or its related term are showing as below:

CRSTF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.39   Med: 1.5   Max: 10
Current: 0.62

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mineral Road Discovery was 10.00. The lowest was 0.39. And the median was 1.50.

CRSTF's Price-to-Net-Current-Asset-Value is ranked better than
98.43% of 1338 companies
in the Metals & Mining industry
Industry Median: 6.8 vs CRSTF: 0.62

Mineral Road Discovery  (OTCPK:CRSTF) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

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.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Mineral Road Discovery Net Current Asset Value Related Terms


Mineral Road Discovery Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Mineral Road Discovery's Net Current Asset Value 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.

Mineral Road Discovery Net Current Asset Value Chart

Mineral Road Discovery Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Net Current Asset Value
Get a 7-Day Free Trial -0.78 -0.07 0.30 0.05 0.05

Mineral Road Discovery Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
Net Current Asset Value 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 0.14 0.07 0.05 0.05 0.07

Mineral Road Discovery Net Current Asset Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Road Discovery's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


Mineral Road Discovery Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mineral Road Discovery's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Mineral Road Discovery's Price-to-Net-Current-Asset-Value falls into.



Mineral Road Discovery Net Current Asset Value Calculation

Mineral Road Discovery's Net Current Asset Value (NCAV) per share for the fiscal year that ended in May. 2025 is calculated as

Net Current Asset Value Per Share(A: May. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(2.287-1.352--0.498-0)/31.100
=0.05

Mineral Road Discovery's Net Current Asset Value (NCAV) per share for the quarter that ended in Nov. 2025 is calculated as

Net Current Asset Value Per Share(Q: Nov. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.051-1.416--0.521-0)/32.000
=0.07

* 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.

What does a Net Current Asset Value of $0.07 mean?
Mineral Road Discovery (CRSTF) has a Net Current Asset Value of $0.07 as of Nov. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mineral Road Discovery and its competitors. This is 95% below median its historical median of 1.50. Over the past decade, Mineral Road Discovery's Net Current Asset Value has ranged from 0.39 to 10.00. According to the industry distribution chart, Mineral Road Discovery ranks #21 out of 1338 companies in the Metals & Mining industry, placing it in the top 1.6%.
Is Mineral Road Discovery's Net Current Asset Value too high?
Mineral Road Discovery's current Net Current Asset Value of $0.07 is 95% below median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 10.00. The Metals & Mining industry median Net Current Asset Value is 6.80. Mineral Road Discovery's value of $0.07 is 99% below this industry median. Based on the distribution chart, Mineral Road Discovery ranks #21 out of 1338 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Mineral Road Discovery's Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Road Discovery ranks #21 out of 1338 companies for Net Current Asset Value. This places Mineral Road Discovery in the top 2% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 6.80. Mineral Road Discovery's value of $0.07 is 99% below this benchmark. Historically, Mineral Road Discovery's own Net Current Asset Value has ranged from 0.39 to 10.00 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 6.80, Mineral Road Discovery has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.80, based on 1,338 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mineral Road Discovery's current Net Current Asset Value of $0.07 is 99% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mineral Road Discovery and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Road Discovery's current Net Current Asset Value is $0.07, which is 95% below median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Road Discovery stock overvalued right now?
Mineral Road Discovery (CRSTF) has a current Net Current Asset Value of $0.07. The current Net Current Asset Value is $0.07, which is 95% below median its 10-year median of 1.50 and 99% below the Metals & Mining industry median of 6.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Mineral Road Discovery (CRSTF), the current Net Current Asset Value is $0.07 as of Nov. 2025. 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.

Mineral Road Discovery Business Description

Other Exchanges 7C9:GermanyROAD:Canada
Address 2501-550 Burrard Street, Vancouver, BC, CAN, V6C 2B5
Mineral Road Discovery Inc is a Canadian exploration company focused on acquiring, exploring, and evaluating mineral property assets in Canada and Australia. The company invests in mineral exploration and mining technology companies. Its portfolio includes strategic investments such as a majority equity interest in Ausvan Battery Metals Pty Ltd, which owns the Allaru Project in Queensland, Australia. The company operates in one business segment, the acquisition and exploration of mineral property assets, and two geographical segments, Australia and Canada.