Magnum Goldcorp Financials
| MGI Stock | CAD 0.04 0.00 0.00% |
Magnum |
Please note, the imprecision that can be found in Magnum Goldcorp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magnum Goldcorp. Check Magnum Goldcorp's Beneish M Score to see the likelihood of Magnum Goldcorp's management manipulating its earnings.
Magnum Goldcorp Stock Summary
Magnum Goldcorp competes with Algonquin Power, Quipt Home, Nicola Mining, Titan Mining, and Pace Metals. Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM GOLDCORP operates under Gold classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA55973N4030 |
| Business Address | 2489 Bellevue Avenue, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | magnumgoldcorp.com |
| Phone | 604 922 2030 |
| Currency | CAD - Canadian Dollar |
You should never invest in Magnum Goldcorp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magnum Stock, because this is throwing your money away. Analyzing the key information contained in Magnum Goldcorp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magnum Goldcorp Key Financial Ratios
There are many critical financial ratios that Magnum Goldcorp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magnum Goldcorp reports annually and quarterly.| Return On Equity | -0.023 | ||||
| Return On Asset | -0.0087 | ||||
| Cash And Equivalents | 333 | ||||
| Beta | -0.36 |
Magnum Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magnum Goldcorp's current stock value. Our valuation model uses many indicators to compare Magnum Goldcorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magnum Goldcorp competition to find correlations between indicators driving Magnum Goldcorp's intrinsic value. More Info.Magnum Goldcorp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 Magnum Goldcorp's earnings, one of the primary drivers of an investment's value.Magnum Goldcorp Systematic Risk
Magnum Goldcorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magnum Goldcorp 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Magnum Goldcorp correlated with the market. If Beta is less than 0 Magnum Goldcorp generally moves in the opposite direction as compared to the market. If Magnum Goldcorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magnum Goldcorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magnum Goldcorp is generally in the same direction as the market. If Beta > 1 Magnum Goldcorp moves generally in the same direction as, but more than the movement of the benchmark.
Magnum Goldcorp March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magnum Goldcorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magnum Goldcorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magnum Goldcorp based on widely used predictive technical indicators. In general, we focus on analyzing Magnum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magnum Goldcorp's daily price indicators and compare them against related drivers.
| Information Ratio | 0.1008 | |||
| Maximum Drawdown | 90.0 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 16.67 |
Additional Tools for Magnum Stock Analysis
When running Magnum Goldcorp's price analysis, check to measure Magnum Goldcorp's 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 Magnum Goldcorp is operating at the current time. Most of Magnum Goldcorp's value examination focuses on studying past and present price action to predict the probability of Magnum Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnum Goldcorp's price. Additionally, you may evaluate how the addition of Magnum Goldcorp to your portfolios can decrease your overall portfolio volatility.