We recommend to make use of Loncor Resources analysis to find out if markets are presently mispricing the entity. We were able to interpolate and analyze data for twenty-eight available fundamentals for Loncor Resources, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Loncor Resources to be traded at C$0.6 in 90 days. Key indicators impacting Loncor Resources' financial strength include:
Loncor Resources competes with Xtra Gold. Loncor Resources Inc., a gold exploration company, engages in the acquisition, exploration, and development of precious metal projects in the Democratic Republic of the Congo and Canada. The company was formerly known as Nevada Bobs International Inc. and changed its name to Loncor Resources Inc. in November 2008. LONCOR RESOURCES operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 4 people.
You should never invest in Loncor Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Loncor Stock, because this is throwing your money away. Analyzing the key information contained in Loncor Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Loncor Resources Key Financial Ratios
Loncor Resources' financial ratios allow both analysts and investors to convert raw data from Loncor Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Loncor Resources over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Loncor Resources's current stock value. Our valuation model uses many indicators to compare Loncor Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Loncor Resources competition to find correlations between indicators driving Loncor Resources's intrinsic value. More Info.
Loncor Resources is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . At this time, Loncor Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Loncor Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Loncor Resources' 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.
Loncor Resources Systematic Risk
Loncor Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Loncor Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Loncor Resources correlated with the market. If Beta is less than 0 Loncor Resources generally moves in the opposite direction as compared to the market. If Loncor Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Loncor Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Loncor Resources is generally in the same direction as the market. If Beta > 1 Loncor Resources moves generally in the same direction as, but more than the movement of the benchmark.
Loncor Resources Total Assets Over Time
Today, most investors in Loncor Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Loncor Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Loncor Resources growth as a starting point in their analysis.
Loncor Resources December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Loncor Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Loncor Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Loncor Resources based on widely used predictive technical indicators. In general, we focus on analyzing Loncor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Loncor Resources's daily price indicators and compare them against related drivers.
Loncor Resources financial ratios help investors to determine whether Loncor 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 Loncor with respect to the benefits of owning Loncor Resources security.