Torq Resources Stock Cash Per Share

TORQ Stock  CAD 0.06  0.01  14.29%   
Torq Resources fundamentals help investors to digest information that contributes to Torq Resources' financial success or failures. It also enables traders to predict the movement of Torq Stock. The fundamental analysis module provides a way to measure Torq Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Torq Resources stock.
Last ReportedProjected for Next Year
Cash Per Share is likely to drop to 0 in 2024.
  
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Torq Resources Company Cash Per Share Analysis

Torq Resources' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Torq Resources Cash Per Share

    
  0.15 X  
Most of Torq Resources' fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Torq Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Torq Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Torq Resources is extremely important. It helps to project a fair market value of Torq Stock properly, considering its historical fundamentals such as Cash Per Share. Since Torq Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Torq Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Torq Resources' interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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Torq Common Stock Shares Outstanding

Common Stock Shares Outstanding

113.75 Million

At this time, Torq Resources' Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Torq Resources has a Cash Per Share of 0.15 times. This is 93.15% lower than that of the Metals & Mining sector and 90.0% lower than that of the Materials industry. The cash per share for all Canada stocks is 97.01% higher than that of the company.

Torq Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Torq Resources from analyzing Torq Resources' financial statements. These drivers represent accounts that assess Torq Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Torq Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap41.0M54.1M63.5M64.1M57.7M60.6M
Enterprise Value30.1M45.4M61.6M53.6M48.3M50.7M

Torq Fundamentals

About Torq Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Torq Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Torq Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Torq Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Torq Stock Analysis

When running Torq Resources' price analysis, check to measure Torq Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Torq Resources is operating at the current time. Most of Torq Resources' value examination focuses on studying past and present price action to predict the probability of Torq Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torq Resources' price. Additionally, you may evaluate how the addition of Torq Resources to your portfolios can decrease your overall portfolio volatility.