Endeavour Financial Statements From 2010 to 2025
| EDV Stock | CAD 32.85 0.48 1.48% |
Check Endeavour Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour Mining's main balance sheet or income statement drivers, such as , as well as many indicators such as . Endeavour financial statements analysis is a perfect complement when working with Endeavour Mining Valuation or Volatility modules.
Endeavour |
Endeavour Mining Corp Company Operating Margin Analysis
Endeavour Mining's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Endeavour Mining Operating Margin | 0.08 % |
Most of Endeavour Mining's fundamental indicators, such as Operating Margin, 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, Endeavour Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Endeavour Mining Corp has an Operating Margin of 0.0785%. This is 105.38% lower than that of the Metals & Mining sector and 98.98% lower than that of the Materials industry. The operating margin for all Canada stocks is 101.42% lower than that of the firm.
Endeavour Mining Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Endeavour Mining's current stock value. Our valuation model uses many indicators to compare Endeavour Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Endeavour Mining competition to find correlations between indicators driving Endeavour Mining's intrinsic value. More Info.Endeavour Mining Corp is rated # 5 in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Endeavour Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Endeavour Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Endeavour Mining Financial Statements
Endeavour Mining investors utilize fundamental indicators, such as revenue or net income, to predict how Endeavour Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Endeavour Mining Plc operates as a gold producer in West Africa. Endeavour Mining Plc was incorporated in 2021 and is based in London, the United Kingdom. ENDEAVOUR MINING is traded on Toronto Stock Exchange in Canada.
Pair Trading with Endeavour Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Endeavour Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Endeavour Stock
| 0.87 | VCM | Vecima Networks | PairCorr |
| 0.68 | NXE | NexGen Energy | PairCorr |
| 0.49 | CNQ | Canadian Natural Res | PairCorr |
| 0.39 | TCL-B | Transcontinental | PairCorr |
The ability to find closely correlated positions to Endeavour Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Endeavour Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Endeavour Mining Corp to buy it.
The correlation of Endeavour Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Endeavour Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Endeavour Stock
Endeavour Mining financial ratios help investors to determine whether Endeavour Stock 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 Endeavour with respect to the benefits of owning Endeavour Mining security.