RLTWF (Tiernan Gold) Net Current Asset Value: $0.36 (As of Mar. 2026) — 98% Below Median

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RLTWF Tiernan Gold Corp RLTWF
14 GF Score
Price $4.11
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What is Tiernan Gold Net Current Asset Value?

Tiernan Gold RLTWF -3.97% 14 Net Current Asset Value is $0.36 as of Mar. 2026, which is 98% below its 10-year median of 14.46. GuruFocus rates RLTWF with a GF Score™ of 14/100. Among 1,347 Metals & Mining companies, Tiernan Gold ranks worse than 71.27% 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).

Tiernan Gold's net current asset value per share for the quarter that ended in Mar. 2026 was $0.36.

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

RLTWF' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 9.93   Med: 14.46   Max: 18.98
Current: 11.42

During the past 3 years, the highest Price-to-Net-Current-Asset-Value Ratio of Tiernan Gold was 18.98. The lowest was 9.93. And the median was 14.46.

RLTWF's Price-to-Net-Current-Asset-Value is ranked worse than
71.27% of 1347 companies
in the Metals & Mining industry
Industry Median: 6.25 vs RLTWF: 11.42

Tiernan Gold  (OTCPK:RLTWF) 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.


Tiernan Gold Net Current Asset Value Related Terms


Tiernan Gold Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Tiernan Gold'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.

Tiernan Gold Net Current Asset Value Chart

Tiernan Gold Annual Data
Trend Dec23 Dec24 Dec25
Net Current Asset Value
0.25 0.23 0.52

Tiernan Gold Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial 0.23 0.00 0.20 0.52 0.36

RLTWF vs NEM, AU: Net Current Asset Value Comparison

For the Gold subindustry, Tiernan Gold'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.


Tiernan Gold Price-to-Net-Current-Asset-Value vs Metals & Mining Industry

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

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


RLTWF
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Tiernan Gold Corp RLTWF
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiernan Gold Net Current Asset Value Calculation

Tiernan Gold's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net Current Asset Value Per Share(A: Dec. 2025 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(39.713-14.733-0-0)/47.753
=0.52

Tiernan Gold's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(36.49-19.452-0-0)/47.891
=0.36

* 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 $0.36 mean?
Tiernan Gold (RLTWF) has a Net Current Asset Value of $0.36 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Tiernan Gold and its competitors. This is 98% below median its historical median of 14.46. Over the past decade, Tiernan Gold's Net Current Asset Value has ranged from 9.93 to 18.98. According to the industry distribution chart, Tiernan Gold ranks #960 out of 1347 companies in the Metals & Mining industry, placing it in the top 71.3%.
Is Tiernan Gold's Net Current Asset Value too high?
Tiernan Gold's current Net Current Asset Value of $0.36 is 98% below median its 10-year median of 14.46. Over the past 10 years, this metric has ranged from a low of 9.93 to a high of 18.98. The Metals & Mining industry median Net Current Asset Value is 6.25. Tiernan Gold's value of $0.36 is 94.2% below this industry median. Based on the distribution chart, Tiernan Gold ranks #960 out of 1347 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Tiernan Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tiernan Gold's Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Tiernan Gold ranks #960 out of 1347 companies for Net Current Asset Value. This places Tiernan Gold in the lower half of its industry. The industry median Net Current Asset Value is 6.25. Tiernan Gold's value of $0.36 is 94.2% below this benchmark. Historically, Tiernan Gold's own Net Current Asset Value has ranged from 9.93 to 18.98 over the past decade. While the company's 10-year median is 14.46 vs. the industry median of 6.25, Tiernan Gold 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 6.25, based on 1,347 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. Tiernan Gold's current Net Current Asset Value of $0.36 is 94.2% 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 Tiernan Gold and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiernan Gold's current Net Current Asset Value is $0.36, which is 98% below median its own 10-year median of 14.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiernan Gold stock overvalued right now?
Tiernan Gold (RLTWF) has a current Net Current Asset Value of $0.36. The current Net Current Asset Value is $0.36, which is 98% below median its 10-year median of 14.46 and 94.2% below the Metals & Mining industry median of 6.25. Tiernan Gold's overall GF Score™ is 14/100. 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 Tiernan Gold (RLTWF), the current Net Current Asset Value is $0.36 as of Mar. 2026. 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.

Tiernan Gold Business Description

Other Exchanges TNGD:Canada
Address 666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Tiernan Gold Corp is a Canadian company engaged in gold exploration activities. The company is focused on advancing its Volcan Project, located in the Atacama Region of Chile on the Maricunga gold belt, an area with an established mining industry that includes operating mines, projects under construction, and projects in development.
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