Northern Financial Statements From 2010 to 2024
| NMEX Stock | USD 0.17 0.01 5.56% |
Check Northern Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Northern financial statements analysis is a perfect complement when working with Northern Minerals Valuation or Volatility modules.
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Northern Minerals Exploration Company Return On Asset Analysis
Northern Minerals' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Northern Minerals Return On Asset | -8.83 |
Most of Northern Minerals' fundamental indicators, such as Return On Asset, 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, Northern Minerals Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Northern Minerals Exploration has a Return On Asset of -8.8327. This is 1293.61% lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The return on asset for all United States stocks is notably higher than that of the company.
Northern Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Minerals's current stock value. Our valuation model uses many indicators to compare Northern Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Minerals competition to find correlations between indicators driving Northern Minerals's intrinsic value. More Info.Northern Minerals Exploration is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Northern Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Northern Minerals' Pink Sheet. 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 Northern Minerals Financial Statements
Northern Minerals investors use historical fundamental indicators, such as Northern Minerals' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Northern Minerals. Please read more on our technical analysis and fundamental analysis pages.
Northern Minerals Exploration Ltd. operates as a natural resource company in the United States. Northern Minerals Exploration Ltd. was incorporated in 2006 and is based in Pleasant Grove, Utah. NORTHERN MINERALS is traded on OTC Exchange in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Northern Pink Sheet Analysis
When running Northern Minerals' price analysis, check to measure Northern Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Minerals is operating at the current time. Most of Northern Minerals' value examination focuses on studying past and present price action to predict the probability of Northern Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Minerals' price. Additionally, you may evaluate how the addition of Northern Minerals to your portfolios can decrease your overall portfolio volatility.