STGDF (Copper Road Resources) Net-Net Working Capital: $0.03 (As of Mar. 2026)


What is Copper Road Resources Net-Net Working Capital?

Copper Road Resources STGDF Net-Net Working Capital is $0.03 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,121 Metals & Mining companies, Copper Road Resources ranks better than 86.08% 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.

Copper Road Resources's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $0.03.

The industry rank for Copper Road Resources's Net-Net Working Capital or its related term are showing as below:

STGDF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 7.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Copper Road Resources  (OTCPK:STGDF) 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.


Copper Road Resources Net-Net Working Capital Related Terms


Copper Road Resources Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Copper Road Resources'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.

Copper Road Resources Net-Net Working Capital Chart

Copper Road Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.00 0.00 0.00 0.03

Copper Road Resources Quarterly Data
Jun21 Sep21 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 Premium Member Only Premium Member Only 0.00 0.01 0.05 0.03 0.03

Copper Road Resources Net-Net Working Capital Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Copper Road Resources'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.


Copper Road Resources Price-to-Net-Net-Working-Capital vs Metals & Mining Industry

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

* The bar in red indicates where Copper Road Resources's Price-to-Net-Net-Working-Capital falls into.



Copper Road Resources Net-Net Working Capital Calculation

Copper Road Resources'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)
=(3.217+0.75 * 0+0.5 * 0-0.191
-0-0)/89.797
=0.03

Copper Road Resources'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)
=(2.581+0.75 * 0+0.5 * 0-0.124
-0-0)/97.704
=0.03

* 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 $0.03 mean?
Copper Road Resources (STGDF) has a Net-Net Working Capital of $0.03 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 Copper Road Resources According to the industry distribution chart, Copper Road Resources ranks #156 out of 1121 companies in the Metals & Mining industry, placing it in the top 13.9%.
Is Copper Road Resources' Net-Net Working Capital too high?
Copper Road Resources' current Net-Net Working Capital is $0.03. The Metals & Mining industry median Net-Net Working Capital is 7.17. Copper Road Resources' value of $0.03 is 99.6% below this industry median. Based on the distribution chart, Copper Road Resources ranks #156 out of 1121 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Copper Road Resources' Net-Net Working Capital compare to competitors?
According to the Metals & Mining industry distribution chart, Copper Road Resources ranks #156 out of 1121 companies for Net-Net Working Capital. This places Copper Road Resources in the top 14% of its industry — outperforming the majority of peers. The industry median Net-Net Working Capital is 7.17. Copper Road Resources' value of $0.03 is 99.6% 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. Copper Road Resources's current Net-Net Working Capital of $0.03 is 99.6% 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 Copper Road Resources 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. Copper Road Resources's current Net-Net Working Capital is $0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Copper Road Resources stock overvalued right now?
Copper Road Resources (STGDF) has a current Net-Net Working Capital of $0.03. The current Net-Net Working Capital is $0.03 and 99.6% below the Metals & Mining industry median of 7.17. 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 Copper Road Resources (STGDF), the current Net-Net Working Capital is $0.03 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.

Copper Road Resources Business Description

Other Exchanges CRD:Canada
Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Copper Road Resources Inc engaged in the acquisition, exploration and evaluation of properties for the mining of precious and base metals. The Company has one operating segment.