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Freeman Gold (TSXV:FMAN) Net Cash per Share : C$0.01 (As of Feb. 2024)


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What is Freeman Gold 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). Freeman Gold's Net Cash per Share for the quarter that ended in Feb. 2024 was C$0.01.

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

TSXV:FMAN' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4.23   Med: 9.6   Max: 60
Current: 11.5

During the past 6 years, the highest Price-to-Net-Cash Ratio of Freeman Gold was 60.00. The lowest was 4.23. And the median was 9.60.

TSXV:FMAN's Price-to-Net-Cash is ranked worse than
70.66% of 818 companies
in the Metals & Mining industry
Industry Median: 5.6 vs TSXV:FMAN: 11.50

Freeman Gold Net Cash per Share Historical Data

The historical data trend for Freeman Gold'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.

Freeman Gold Net Cash per Share Chart

Freeman Gold Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Cash per Share
Get a 7-Day Free Trial -0.01 0.05 0.11 0.03 0.01

Freeman Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of Freeman Gold's Net Cash per Share

For the Gold subindustry, Freeman Gold'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.


Freeman Gold's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Freeman Gold's Price-to-Net-Cash falls into.



Freeman Gold 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.

Freeman Gold's Net Cash per Share for the fiscal year that ended in Nov. 2023 is calculated as

Net Cash per Share (A: Nov. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.332-1.441-0)/131.751
=0.01

Freeman Gold's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.053-0.885-0)/131.751
=0.01

* 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.


Freeman Gold  (TSXV:FMAN) 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.


Freeman Gold Net Cash per Share Related Terms

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Freeman Gold (TSXV:FMAN) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1570, Vancouver, BC, CAN, V7X 1M5
Freeman Gold Corp is a Canada based mineral exploration and development company. The company primarily explores for gold. It is focused on the Lemhi gold project.
Executives
William Randall Senior Officer
Bassam Moubarak Director, Senior Officer

Freeman Gold (TSXV:FMAN) Headlines

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