GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copperhead Resources Inc (XCNQ:CUH) » Definitions » Net Cash per Share

Copperhead Resources (XCNQ:CUH) Net Cash per Share : C$0.01 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Copperhead Resources 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). Copperhead Resources's Net Cash per Share for the quarter that ended in Mar. 2024 was C$0.01.

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

XCNQ:CUH' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 4   Med: 6.25   Max: 15
Current: 13

During the past 2 years, the highest Price-to-Net-Cash Ratio of Copperhead Resources was 15.00. The lowest was 4.00. And the median was 6.25.

XCNQ:CUH's Price-to-Net-Cash is ranked worse than
73.66% of 820 companies
in the Metals & Mining industry
Industry Median: 5.5 vs XCNQ:CUH: 13.00

Copperhead Resources Net Cash per Share Historical Data

The historical data trend for Copperhead Resources'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.

Copperhead Resources Net Cash per Share Chart

Copperhead Resources Annual Data
Trend Dec22 Dec23
Net Cash per Share
0.03 0.02

Copperhead Resources Quarterly Data
Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial 0.03 0.03 0.02 0.02 0.01

Competitive Comparison of Copperhead Resources's Net Cash per Share

For the Other Precious Metals & Mining subindustry, Copperhead Resources'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.


Copperhead Resources's Price-to-Net-Cash Distribution in the Metals & Mining Industry

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

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



Copperhead Resources 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.

Copperhead Resources'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)
=(0.258-0.067-0)/11.8237
=0.02

Copperhead Resources'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)
=(0.246-0.077-0)/11.8237
=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.


Copperhead Resources  (XCNQ:CUH) 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.


Copperhead Resources Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Copperhead Resources's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Copperhead Resources (XCNQ:CUH) Business Description

Traded in Other Exchanges
N/A
Address
607 - 1750 Davie Street, Vancouver, BC, CAN, V6G 1W3
Website
Copperhead Resources Inc is a mineral resource company engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop precious metals, focusing initially on the exploration and development of the Project located in British Columbia, Canada. The Company holds an option to acquire a 75% undivided right, title, and interest in and to the Project Red line.
Executives
Damian Lopez Director, Senior Officer

Copperhead Resources (XCNQ:CUH) Headlines

No Headlines