Red Canyon ResourcesREDRF 15 Net Current Asset Value is $0.01 as of Dec. 2025, which is 100% below its 10-year median of 14.50. GuruFocus rates REDRF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 1,334 Metals & Mining companies, Red Canyon Resources ranks worse than 61.02% 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).
Red Canyon Resources's net current asset value per share for the quarter that ended in Dec. 2025 was $0.01.
The historical rank and industry rank for Red Canyon Resources's Net Current Asset Value or its related term are showing as below:
REDRF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 8.75 Med: 14.5 Max: 15
Current: 13.47
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Red Canyon Resources was 15.00. The lowest was 8.75. And the median was 14.50.
REDRF's Price-to-Net-Current-Asset-Value is ranked worse than 61.02% of 1334
companies
in the Metals & Mining industry
Industry Median: 6.665
vs REDRF: 13.47
Red Canyon Resources (OTCPK:REDRF) 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 Grahams 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.
Red Canyon Resources Net Current Asset Value Related Terms
Red Canyon Resources Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Red Canyon Resources'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.
Red Canyon Resources Net Current Asset Value Chart
Red Canyon Resources Net Current Asset Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Red Canyon Resources'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.
Red Canyon Resources Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Canyon Resources's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Red Canyon Resources's Price-to-Net-Current-Asset-Value falls into.
* 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 $0.01 mean?
Red Canyon Resources (REDRF) has a Net Current Asset Value of $0.01 as of Dec. 2025. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Red Canyon Resources and its competitors. This is 100% below median its historical median of 14.50. Over the past decade, Red Canyon Resources' Net Current Asset Value has ranged from 8.75 to 15.00. According to the industry distribution chart, Red Canyon Resources ranks #814 out of 1334 companies in the Metals & Mining industry, placing it in the top 61%.
Is Red Canyon Resources' Net Current Asset Value too high?
Red Canyon Resources' current Net Current Asset Value of $0.01 is 100% below median its 10-year median of 14.50. Over the past 10 years, this metric has ranged from a low of 8.75 to a high of 15.00. The Metals & Mining industry median Net Current Asset Value is 6.67. Red Canyon Resources' value of $0.01 is 99.8% below this industry median. Based on the distribution chart, Red Canyon Resources ranks #814 out of 1334 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Red Canyon Resources has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Red Canyon Resources' Net Current Asset Value compare to competitors?
According to the Metals & Mining industry distribution chart, Red Canyon Resources ranks #814 out of 1334 companies for Net Current Asset Value. This places Red Canyon Resources in the lower half of its industry. The industry median Net Current Asset Value is 6.67. Red Canyon Resources' value of $0.01 is 99.8% below this benchmark. Historically, Red Canyon Resources' own Net Current Asset Value has ranged from 8.75 to 15.00 over the past decade. While the company's 10-year median is 14.50 vs. the industry median of 6.67, Red Canyon Resources 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 6.67, based on 1,334 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. Red Canyon Resources's current Net Current Asset Value of $0.01 is 99.8% 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 Red Canyon Resources and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Canyon Resources's current Net Current Asset Value is $0.01, which is 100% below median its own 10-year median of 14.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Canyon Resources stock overvalued right now?
Red Canyon Resources (REDRF) has a current Net Current Asset Value of $0.01. The current Net Current Asset Value is $0.01, which is 100% below median its 10-year median of 14.50 and 99.8% below the Metals & Mining industry median of 6.67. Red Canyon Resources' overall GF Score™ is 15/100 with 1 warning sign to review. 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 Red Canyon Resources (REDRF), the current Net Current Asset Value is $0.01 as of Dec. 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.
Red Canyon Resources Ltd is a mineral resource company principally engaged in the acquisition and exploration of mineral property assets in Canada and the United States. Its projects are BC projects, including Peak, Kendal, Ping, SP, and Inzana; and the United States projects, including Scraper Springs and Keg. It has two geographic segments: Canada and the USA. It generates the majority of its revenue from Canada.
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