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Canuc Resources Cash/Share

What is the Cash/Share of Canuc Resources?

The Cash/Share of Canuc Resources Corporation is 0.00

What is the definition of Cash/Share?

Cash per share is a company’s cash on hand divided by the company’s shares outstanding.

mrq (most recent quarter)

Cash per share, sometimes called the cash share ratio, is the total cash per share. Cash on hand is reported on the balance sheet. Cash per share is calculated by dividing cash on hand by the total number of shares. Cash per share is the percentage of a firm's share price that is immediately accessible for spending. Cash per share consists of cash and short-term investments. It is money that a firm has on hand and does not come from borrowing or financing activities.

When a firm has a high cash per share, significant percentage of its assets is in a very liquid form. This can indicate economic uncertainty and unwillingness to invest given the current economic climate. High levels of cash per share can indicate that a firm is performing well and is able to reinvest in itself but high cash per share does not always indicate overall financial strength.

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What does Canuc Resources do?

Canuc Resources Corporation, together with its subsidiaries, engages in exploration, evaluation, and development of precious and base metal projects and oil and gas properties in Canada, the United States, and Mexico. It primarily holds interest in the San Javier Project that consists of 17 mineral concessions comprising silver, lead, gold, copper, and zinc deposits located in the state of Sonora, Mexico. The company was formerly known as Santa Rosa Silver Mining Corp. and changed its name to Canuc Resources Corporation in February 2017. Canuc Resources Corporation is headquartered in Toronto, Canada.

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