PLGDF (Palisades Goldcorp) Net-Net Working Capital: $1.67 (As of Mar. 2026)


PLGDF Palisades Goldcorp Ltd PLGDF
35 GF Score
Price $2.14
! 2 Warning Signs
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What is Palisades Goldcorp Net-Net Working Capital?

Palisades Goldcorp PLGDF +1.18% 35 Net-Net Working Capital is $1.67 as of Mar. 2026. GuruFocus rates PLGDF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,121 Metals & Mining companies, Palisades Goldcorp ranks better than 95.72% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Palisades Goldcorp's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $1.67.

The industry rank for Palisades Goldcorp's Net-Net Working Capital or its related term are showing as below:

PLGDF's Price-to-Net-Net-Working-Capital is ranked better than
95.72% of 1121 companies
in the Metals & Mining industry
Industry Median: 7.17 vs PLGDF: 1.29

Palisades Goldcorp  (OTCPK:PLGDF) Net-Net Working Capital Explanation

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 value. They are collected under our Net-Net screener.


Palisades Goldcorp Net-Net Working Capital Related Terms


Palisades Goldcorp Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Palisades Goldcorp's Net-Net Working Capital 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.

Palisades Goldcorp Net-Net Working Capital Chart

Palisades Goldcorp Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
-0.69 -0.65 -0.68 -0.27 1.47

Palisades Goldcorp Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital 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 0.10 0.73 0.31 1.47 1.67

PLGDF vs NEM, AU: Net-Net Working Capital Comparison

For the Gold subindustry, Palisades Goldcorp's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Palisades Goldcorp Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Palisades Goldcorp's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Palisades Goldcorp's Price-to-Net-Net-Working-Capital falls into.


PLGDF
35GF Score
Palisades Goldcorp Ltd PLGDF
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Palisades Goldcorp Net-Net Working Capital Calculation

Palisades Goldcorp's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(155.038+0.75 * 0+0.5 * 0-55.066
-0-0)/67.824
=1.47

Palisades Goldcorp's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(162.199+0.75 * 0+0.5 * 0-47.884
-0-0.74)/67.847
=1.67

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

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.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $1.67 mean?
Palisades Goldcorp (PLGDF) has a Net-Net Working Capital of $1.67 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Palisades Goldcorp According to the industry distribution chart, Palisades Goldcorp ranks #48 out of 1121 companies in the Metals & Mining industry, placing it in the top 4.3%.
Is Palisades Goldcorp's Net-Net Working Capital too high?
Palisades Goldcorp's current Net-Net Working Capital is $1.67. The Metals & Mining industry median Net-Net Working Capital is 7.17. Palisades Goldcorp's value of $1.67 is 76.7% below this industry median. Based on the distribution chart, Palisades Goldcorp ranks #48 out of 1121 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Palisades Goldcorp has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Palisades Goldcorp's Net-Net Working Capital compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Palisades Goldcorp ranks #48 out of 1121 companies for Net-Net Working Capital. This places Palisades Goldcorp in the top 4% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.17. Palisades Goldcorp's value of $1.67 is 76.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Metals & Mining company?
The median Net-Net Working Capital among Metals & Mining companies is 7.17, based on 1,121 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Palisades Goldcorp's current Net-Net Working Capital of $1.67 is 76.7% 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Palisades Goldcorp For the Metals & Mining industry, the median Net-Net Working Capital is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palisades Goldcorp's current Net-Net Working Capital is $1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palisades Goldcorp stock overvalued right now?
Palisades Goldcorp (PLGDF) has a current Net-Net Working Capital of $1.67. The current Net-Net Working Capital is $1.67 and 76.7% below the Metals & Mining industry median of 7.17. Palisades Goldcorp's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Palisades Goldcorp (PLGDF), the current Net-Net Working Capital is $1.67 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.

Palisades Goldcorp Business Description

Other Exchanges PALI:Canada
Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Palisades Goldcorp Ltd is a resource investment company and merchant bank focused on junior companies in the resource and mining sector. It focuses on acquiring equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued high-quality projects, to provide investors with maximum leverage to an upside move in the junior resource equities. Its investment portfolio consists of equity ownerships of gold, uranium, and rare earth minerals exploration firms. The company has a single reportable business segment, Canada.
35GF Score

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$2.14
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