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Precipitate Gold (TSXV:PRG) Net Cash per Share : C$0.04 (As of Feb. 2024)


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What is Precipitate 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). Precipitate Gold's Net Cash per Share for the quarter that ended in Feb. 2024 was C$0.04.

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

TSXV:PRG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.38   Med: 6.5   Max: 27
Current: 1.38

During the past 12 years, the highest Price-to-Net-Cash Ratio of Precipitate Gold was 27.00. The lowest was 1.38. And the median was 6.50.

TSXV:PRG's Price-to-Net-Cash is ranked better than
89% of 818 companies
in the Metals & Mining industry
Industry Median: 5.625 vs TSXV:PRG: 1.38

Precipitate Gold Net Cash per Share Historical Data

The historical data trend for Precipitate 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.

Precipitate Gold Net Cash per Share Chart

Precipitate Gold Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 - 0.03

Precipitate Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 0.03 0.03 0.03 0.03 0.04

Competitive Comparison of Precipitate Gold's Net Cash per Share

For the Gold subindustry, Precipitate 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.


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

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

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



Precipitate 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.

Precipitate Gold's Net Cash per Share for the fiscal year that ended in Nov. 2022 is calculated as

Net Cash per Share (A: Nov. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.64-2.21-0)/130.367
=0.03

Precipitate 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)
=(5.299-0.383-0)/130.367
=0.04

* 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.


Precipitate Gold  (TSXV:PRG) 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.


Precipitate Gold Net Cash per Share Related Terms

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Precipitate Gold (TSXV:PRG) Business Description

Traded in Other Exchanges
Address
628 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Precipitate Gold Corp is a Canadian resource company. Its principal activity is the acquisition and exploration of mineral properties in Canada, Mexico, and the Dominican Republic. The company's projects include Juan de Herrera & Escalibur Properties, Pueblo Grande & Ponton Properties, Motherlode Gold Project, and Ace Gold Project.
Executives
Adrian Wallace Fleming Director