New Destiny Financials

New Destiny Stock Summary

New Destiny competes with Algoma Steel, Champion Iron, European Residential, Financial, and Rubicon Organics. New Destiny Mining Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. New Destiny Mining Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. NEW DESTINY operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.

New Destiny Key Financial Ratios

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

New Destiny Key Balance Sheet Accounts

New Destiny Key Income Statement Accounts

New Destiny Key Cash Accounts

New Financial Ratios Relationships

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

New Destiny Mining Systematic Risk

New Destiny Mining Total Assets Over Time

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

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