We were able to analyze and collect data for thirty-four available financial ratios for Orezone Gold Corp, which can be compared to its competitors. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Orezone Gold to be traded at 0.864 in 90 days. Key indicators impacting Orezone Gold's financial strength include:
Orezone Gold competes with I 80, Perseus Mining, K92 Mining, and GoGold Resources. Orezone Gold Corporationration engages in the investigation, acquisition, exploration, and development of gold projects in Burkina Faso, West Africa.
You should never invest in Orezone Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Orezone Stock, because this is throwing your money away. Analyzing the key information contained in Orezone Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Orezone Gold Key Financial Ratios
Orezone Gold's financial ratios allow both analysts and investors to convert raw data from Orezone Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Orezone Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Orezone Gold's current stock value. Our valuation model uses many indicators to compare Orezone Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orezone Gold competition to find correlations between indicators driving Orezone Gold's intrinsic value. More Info.
Orezone Gold Corp is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers reporting about 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Orezone Gold Corp is roughly 1.44 . At this time, Orezone Gold's 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 Orezone Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orezone Gold's 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.
Orezone Gold Corp Systematic Risk
Orezone Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Orezone Gold 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Orezone Gold Corp correlated with the market. If Beta is less than 0 Orezone Gold generally moves in the opposite direction as compared to the market. If Orezone Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Orezone Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Orezone Gold is generally in the same direction as the market. If Beta > 1 Orezone Gold moves generally in the same direction as, but more than the movement of the benchmark.
Orezone Gold Corp Total Assets Over Time
Today, most investors in Orezone Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Orezone Gold's 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 Orezone Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Orezone Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Orezone Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Orezone Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Orezone Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Orezone Gold's daily price indicators and compare them against related drivers.
Orezone Gold financial ratios help investors to determine whether Orezone 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 Orezone with respect to the benefits of owning Orezone Gold security.