Canstar Resources Financials

Canstar Resources Stock Summary

Canstar Resources competes with IGO, Mineral Res, and Adriatic Metals. Canstar Resources Inc., a junior resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also owns the Buchans-Mary March project that comprises various contiguous properties totaling approximately ,000 hectares of land located in Buchans Mine, central Newfoundland and the Daniels Harbour project, which consists of 360 claims covering an area of 9000 hectares located in coastal Western Newfoundland. Canstar Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Canstar Resources Key Financial Ratios

There are many critical financial ratios that Canstar Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Canstar Resources reports annually and quarterly.

Canstar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Canstar Resources's current stock value. Our valuation model uses many indicators to compare Canstar Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canstar Resources competition to find correlations between indicators driving Canstar Resources's intrinsic value. More Info.Canstar Resources is rated fifth in return on equity category among its peers. It is rated below average in return on asset 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 Canstar Resources' earnings, one of the primary drivers of an investment's value.

Canstar Resources Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Canstar Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canstar Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canstar Resources based on widely used predictive technical indicators. In general, we focus on analyzing Canstar Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canstar Resources's daily price indicators and compare them against related drivers.

When running Canstar Resources' price analysis, check to measure Canstar Resources' 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 Canstar Resources is operating at the current time. Most of Canstar Resources' value examination focuses on studying past and present price action to predict the probability of Canstar Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canstar Resources' price. Additionally, you may evaluate how the addition of Canstar Resources to your portfolios can decrease your overall portfolio volatility.