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G Mining Ventures (TSX:GMIN) Net Cash per Share : C$-1.06 (As of Mar. 2024)


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What is G Mining Ventures Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). G Mining Ventures's Net Cash per Share for the quarter that ended in Mar. 2024 was C$-1.06.

The historical rank and industry rank for G Mining Ventures's Net Cash per Share or its related term are showing as below:

During the past 5 years, the highest Price-to-Net-Cash Ratio of G Mining Ventures was 19.25. The lowest was 1.82. And the median was 3.47.

TSX:GMIN's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.475
* Ranked among companies with meaningful Price-to-Net-Cash only.

G Mining Ventures Net Cash per Share Historical Data

The historical data trend for G Mining Ventures's Net 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.

* Premium members only.

G Mining Ventures Net Cash per Share Chart

G Mining Ventures Annual Data
Trend Oct18 Oct19 Oct20 Dec22 Dec23
Net Cash per Share
- 0.06 0.04 0.20 -0.82

G Mining Ventures Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share 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 -0.04 -0.31 -0.60 -0.82 -1.06

Competitive Comparison of G Mining Ventures's Net Cash per Share

For the Other Precious Metals & Mining subindustry, G Mining Ventures's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


G Mining Ventures's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G Mining Ventures's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where G Mining Ventures's Price-to-Net-Cash falls into.



G Mining Ventures Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

G Mining Ventures's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(70.297-435.572-0)/447.556
=-0.82

G Mining Ventures's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(28.163-503.748-0)/447.556
=-1.06

* 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.


G Mining Ventures  (TSX:GMIN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


G Mining Ventures Net Cash per Share Related Terms

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G Mining Ventures (TSX:GMIN) Business Description

Traded in Other Exchanges
Address
7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2
G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.
Executives
Julie-anais Debreil Senior Officer

G Mining Ventures (TSX:GMIN) Headlines

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