Prime Mining Financials
PRMNF Stock | USD 1.07 0.01 0.94% |
With this module, you can analyze Prime financials for your investing period. You should be able to track the changes in Prime Mining individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Prime |
The data published in Prime Mining's official financial statements typically reflect Prime Mining's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Prime Mining's quantitative information. For example, before you start analyzing numbers published by Prime accountants, it's essential to understand Prime Mining's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Prime Mining Stock Summary
Prime Mining competes with IGO, and Adriatic Metals. Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. Prime Mining Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. PRIME MINING is traded on OTC Exchange in the United States.Instrument | USA OTC Stock View All |
Exchange | OTCQX Exchange |
Business Address | 1030 West Georgia |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.primeminingcorp.ca |
Phone | 604 428 6128 |
Currency | USD - US Dollar |
Prime Mining Key Financial Ratios
There are many critical financial ratios that Prime Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Prime Mining Corp reports annually and quarterly.Return On Equity | -0.48 | |||
Return On Asset | -0.3 | |||
Beta | 1.43 |
Prime Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Mining's current stock value. Our valuation model uses many indicators to compare Prime Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Mining competition to find correlations between indicators driving Prime Mining's intrinsic value. More Info.Prime Mining Corp is regarded fourth in return on equity category among its peers. It is regarded second 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 Prime Mining's earnings, one of the primary drivers of an investment's value.Prime Mining Corp Systematic Risk
Prime Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prime Mining 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-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Prime Mining Corp correlated with the market. If Beta is less than 0 Prime Mining generally moves in the opposite direction as compared to the market. If Prime Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prime Mining Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prime Mining is generally in the same direction as the market. If Beta > 1 Prime Mining moves generally in the same direction as, but more than the movement of the benchmark.
Prime Mining December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prime Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prime Mining Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prime Mining Corp based on widely used predictive technical indicators. In general, we focus on analyzing Prime OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prime Mining's daily price indicators and compare them against related drivers.
Information Ratio | (0.02) | |||
Maximum Drawdown | 36.39 | |||
Value At Risk | (7.81) | |||
Potential Upside | 10.34 |
Complementary Tools for Prime OTC Stock analysis
When running Prime Mining's price analysis, check to measure Prime Mining'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 Prime Mining is operating at the current time. Most of Prime Mining's value examination focuses on studying past and present price action to predict the probability of Prime Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Mining's price. Additionally, you may evaluate how the addition of Prime Mining to your portfolios can decrease your overall portfolio volatility.
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