What to check in Canadian net-nets
An explorer's cash is meant to be spent on drilling, so NCAV can fall quickly. Compare cash with the yearly burn rate, and check for flow-through share spending commitments and outstanding warrants that could dilute shareholders.
Wherever it is listed, a net-net is cheap for a reason. Our 10-point net-net checklist covers the questions to ask of every company.
How EveryNetNet lists Canadian net-nets
EveryNetNet lists every company it can find whose market cap is at or below its net current asset value (P/NCAV above 0 and at most 1.0). All figures are in US dollars and the list updates daily. The methodology page explains the formula, the data and what is excluded.
Canadian net-nets are part of Pro, which shows the full list across 50+ countries and lets you filter by country to see Canada only. The free plan covers 50 US net-nets.
See today's Canadian net-nets
Create a free account, then upgrade to Pro to filter the full list by Canada.