Ridgestone Mining (TSXV:RMI) Cash per Share : C$0.01 (As of Jun. 2024)

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What is Ridgestone Mining Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Ridgestone Mining's Cash per Share for the quarter that ended in Jun. 2024 was C$0.01.

Ridgestone Mining Cash per Share Historical Data

The historical data trend for Ridgestone Mining'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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Ridgestone Mining Cash per Share Chart

Ridgestone Mining Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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0.03

0.02

0.07

0.04

0.02

Ridgestone Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash per Share	Get a 7-Day Free Trial															0.02	0.01	0.02	0.02	0.01

Ridgestone Mining 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.

Ridgestone Mining's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.32	/	15.30
	=	0.02

Ridgestone Mining's Cash per Share for the quarter that ended in Jun. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.173	/	15.30
	=	0.01

Ridgestone Mining (TSXV:RMI) 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.

Ridgestone Mining Cash per Share Related Terms

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Ridgestone Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ridgestone Mining Inc (TSXV:RMI) » Definitions » Cash per Share

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Traded in Other Exchanges

RIGMF:USA 4U50:Germany

Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

https://www.ridgestonemining.com

Ridgestone Mining Inc is a mining company. The Company's business plan is to acquire, explore and develop mineral properties and ultimately seek earnings by exploiting mineral claims. It is engaged in the business of exploration of mineral properties in North America. It holds an interest in Cimarron gold property, Rebeico Property, Guadalupe y Calvo Property, and Alaska Property.

Executives

Jonathan George	Director
Hsin-chen Liu	Director
Yen Hua Yi	10% Security Holder
Ronnie Floyd Birch	Director

Ridgestone Mining Headlines

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