Fura Gems FCF yield
What is the FCF yield of Fura Gems?
The FCF yield of Fura Gems, Inc. is -102.98%
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 Fura Gems
What does Fura Gems do?
Fura Gems Inc., a gemstone mining and marketing company, engages in the mining, exploration and acquisition of gemstone licenses in Barbados, the British Virgin Islands, Colombia, Dubai, India, Mozambique, Madagascar, and Australia. It holds a 100% interests in four ruby licenses in the Montepuez district of Cabo Delgado province in Mozambique; and a 76% interests in the Coscuez license that covers an area of covers an area of 46 hectares in San Pablo de Borbur, Boyacá District of Colombia. The company also holds a 100% interests in two mining permits and three mining licenses in the sapphire mining project located in Queensland, Australia; and owns sapphire licenses in Madagascar. The company was formerly known as Fura Emeralds Inc. and changed its name to Fura Gems Inc. in April 2017. Fura Gems Inc. was incorporated in 2006 and is headquartered in Toronto, Canada. Fura Gems Inc. operates as a subsidiary of Lord of Seven Hills Holdings FZE.
Companies with fcf yield similar to Fura Gems
- My Size Inc has FCF yield of -103.89%
- Passage Bio Inc has FCF yield of -103.77%
- China Zhengtong Auto Services has FCF yield of -103.69%
- TUT Fitness has FCF yield of -103.32%
- Flexi has FCF yield of -103.32%
- SSH Ltd has FCF yield of -103.21%
- Fura Gems has FCF yield of -102.98%
- China Engineering has FCF yield of -102.91%
- Marathon Digital Inc has FCF yield of -102.71%
- Komet Resources has FCF yield of -102.62%
- Ascot Resources has FCF yield of -102.61%
- Cyclacel Pharmaceuticals has FCF yield of -102.48%
- SH () has FCF yield of -101.77%