Lode Resources (ASX:LDR) Cash per Share : A$0.03 (As of Dec. 2023)

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What is Lode Resources Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Lode Resources's Cash per Share for the quarter that ended in Dec. 2023 was A$0.03.

Lode Resources Cash per Share Historical Data

The historical data trend for Lode Resources's Cash per Share 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.

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Lode Resources Cash per Share Chart

Lode Resources Annual Data

Trend

Jun21

Jun22

Jun23

Cash per Share

0.06

0.03

0.05

Lode Resources Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash per Share	Get a 7-Day Free Trial			0.04	0.03	0.02	0.05	0.03

Lode Resources Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Lode Resources's Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	4.846	/	106.78
	=	0.05

Lode Resources's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3.228	/	106.78
	=	0.03

Lode Resources (ASX:LDR) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Lode Resources Cash per Share Related Terms

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Lode Resources (ASX:LDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lode Resources Ltd (ASX:LDR) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

ESN Partners 'Australia Square', Level 30, 264-278 George Street, Sydney, NSW, AUS, 2000

Website

https://www.loderesources.com

Lode Resources Ltd is a junior exploration company. It owns Webbs Consol Silver project, Uralla Gold project, Fender Copper project, Elsinore Copper project, Thor and Tea Tree Gold project located in the New England Fold Belt in northern NSW.