Last quarterly report puts
GURE
well within Net Net stock territory.
Accordingly to the latest report, GURE has $115.3M in cash and $18.1M in liabilities. Per share, intrinsic cash value is $9.34 per share vs today's price of $2.06.
Even before factoring in current assets this stock meets the criteria of Benjamin Graham's Net Net stock status.
Cash burn doesn't seem to be an issue neither does share dilution which surely makes GURE a stock to watch...IF the numbers are to be believed?
Accordingly to the latest report, GURE has $115.3M in cash and $18.1M in liabilities. Per share, intrinsic cash value is $9.34 per share vs today's price of $2.06.
Even before factoring in current assets this stock meets the criteria of Benjamin Graham's Net Net stock status.
Cash burn doesn't seem to be an issue neither does share dilution which surely makes GURE a stock to watch...IF the numbers are to be believed?