Magna Gold Corp Financials

Magna Gold Stock Summary

Magna Gold competes with Robex Resources, Eloro Resources, Gold Bull, and Rackla Metals. Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada. MAGNA GOLD is traded on OTC Exchange in the United States.

Magna Gold Key Financial Ratios

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

Magna Financial Ratios Relationships

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

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

If you are still planning to invest in Magna Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magna Gold's history and understand the potential risks before investing.