Asian Mineral Resources FCF yield
What is the FCF yield of Asian Mineral Resources?
The FCF yield of Asian Mineral Resources Limited is -52.47%
What is the definition of FCF yield?
Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.
ttm (trailing twelve months)
Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.
Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:
Free cash flow yield = Free cash flow per share / market price per share
FCF yield of companies in the Materials sector on TSXV compared to Asian Mineral Resources
What does Asian Mineral Resources do?
Asian Mineral Resources Limited engages in the exploration and development of mineral property interests in Canada. The company primarily explores for copper and vanadium. It holds an option to acquire a 75% interest in the Holt property that covers an area of 3,687 hectares located in east of Duncan, Vancouver Island. The company was incorporated in 2004 and is based in Toronto, Canada. Asian Mineral Resources Limited is a subsidiary of Pala Investments Limited.
Companies with fcf yield similar to Asian Mineral Resources
- Western Gold Exploration has FCF yield of -52.94%
- Trinity Place Inc has FCF yield of -52.88%
- Personalis Inc has FCF yield of -52.78%
- Facedrive has FCF yield of -52.75%
- Stealth BioTherapeutics Corp has FCF yield of -52.65%
- Neolife SA has FCF yield of -52.63%
- Asian Mineral Resources has FCF yield of -52.47%
- Wellfield Technologies Inc has FCF yield of -52.21%
- Serengeti Resources has FCF yield of -52.09%
- NuLegacy Gold has FCF yield of -52.07%
- Cenkos Securities plc has FCF yield of -52.04%
- Amaero Intl Ltd has FCF yield of -52.02%
- Trigon Metals has FCF yield of -52.01%