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Metallic Minerals (Metallic Minerals) Net Current Asset Value : $0.01 (As of Jan. 2024)


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What is Metallic Minerals Net Current Asset Value?

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).

Metallic Minerals's net current asset value per share for the quarter that ended in Jan. 2024 was $0.01.

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

MMNGF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.75   Med: 13.83   Max: 36.5
Current: 25.89

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Metallic Minerals was 36.50. The lowest was 1.75. And the median was 13.83.

MMNGF's Price-to-Net-Current-Asset-Value is ranked worse than
94.51% of 1111 companies
in the Metals & Mining industry
Industry Median: 5.17 vs MMNGF: 25.89

Metallic Minerals Net Current Asset Value Historical Data

The historical data trend for Metallic Minerals'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.

* Premium members only.

Metallic Minerals Net Current Asset Value Chart

Metallic Minerals Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - 0.03 0.02

Metallic Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24
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 0.01 - - 0.01 0.01

Competitive Comparison of Metallic Minerals's Net Current Asset Value

For the Other Precious Metals & Mining subindustry, Metallic Minerals'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.


Metallic Minerals's Price-to-Net-Current-Asset-Value Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metallic Minerals's Price-to-Net-Current-Asset-Value falls into.



Metallic Minerals Net Current Asset Value Calculation

Metallic Minerals's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jul. 2022 is calculated as

Net Current Asset Value Per Share(A: Jul. 2022 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(3.795-0.537-0-0)/148.912
=0.02

Metallic Minerals's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.507-0.093-0-0)/166.722
=0.01

* 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.


Metallic Minerals  (OTCPK:MMNGF) 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.


Metallic Minerals Net Current Asset Value Related Terms

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Metallic Minerals (Metallic Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

Metallic Minerals (Metallic Minerals) Headlines