Avarone Financial Statements From 2010 to 2024
| AVRTF Stock | USD 0 0 42.11% |
Check Avarone Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avarone Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Avarone financial statements analysis is a perfect complement when working with Avarone Metals Valuation or Volatility modules.
Avarone |
Avarone Metals Company Price To Book Analysis
Avarone Metals' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Avarone Metals Price To Book | 10.73 X |
Most of Avarone Metals' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avarone Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Avarone Metals has a Price To Book of 10.7307 times. This is 11.9% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all United States stocks is 12.84% lower than that of the firm.
Avarone Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avarone Metals's current stock value. Our valuation model uses many indicators to compare Avarone Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avarone Metals competition to find correlations between indicators driving Avarone Metals's intrinsic value. More Info.Avarone Metals is rated fifth in return on asset category among its peers. It is rated third in current valuation category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avarone Metals' earnings, one of the primary drivers of an investment's value.About Avarone Metals Financial Statements
Avarone Metals stakeholders use historical fundamental indicators, such as Avarone Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Avarone Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Avarone Metals' assets and liabilities are reflected in the revenues and expenses on Avarone Metals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Avarone Metals. Please read more on our technical analysis and fundamental analysis pages.
Avarone Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious metals and energy-based resource properties in Canada. Avarone Metals Inc. was incorporated in 1993 and is headquartered in Vancouver, Canada. Avarone Metals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Avarone Pink Sheet
Avarone Metals financial ratios help investors to determine whether Avarone Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Avarone with respect to the benefits of owning Avarone Metals security.