Ridgestone Mining Financials
| RIGMF Stock | USD 0.05 0.01 10.66% |
Ridgestone |
Understanding current and past Ridgestone Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ridgestone Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Ridgestone Mining's assets may result in an increase in income on the income statement.
Ridgestone Mining Stock Summary
Ridgestone Mining competes with ATT, Merck, Disney, Caterpillar, and Procter Gamble. Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. The company was incorporated in 2017 and is based in North Vancouver, Canada. Ridgestone Mining is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 905 West Pender |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.ridgestonemining.com |
| Phone | 416 732 0604 |
| Currency | USD - US Dollar |
Ridgestone Mining Key Financial Ratios
There are many critical financial ratios that Ridgestone Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ridgestone Mining reports annually and quarterly.| Return On Equity | -0.29 | |||
| Return On Asset | -0.14 | |||
| Beta | 0.56 | |||
| Z Score | 2.4 |
Ridgestone Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ridgestone Mining's current stock value. Our valuation model uses many indicators to compare Ridgestone Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ridgestone Mining competition to find correlations between indicators driving Ridgestone Mining's intrinsic value. More Info.Ridgestone Mining is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Ridgestone Mining's earnings, one of the primary drivers of an investment's value.Ridgestone Mining Systematic Risk
Ridgestone Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ridgestone 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Ridgestone Mining correlated with the market. If Beta is less than 0 Ridgestone Mining generally moves in the opposite direction as compared to the market. If Ridgestone Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ridgestone Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ridgestone Mining is generally in the same direction as the market. If Beta > 1 Ridgestone Mining moves generally in the same direction as, but more than the movement of the benchmark.
Ridgestone Mining December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ridgestone Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ridgestone Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ridgestone Mining based on widely used predictive technical indicators. In general, we focus on analyzing Ridgestone Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ridgestone Mining's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 53.71 | |||
| Value At Risk | (19.91) | |||
| Potential Upside | 22.36 |
Complementary Tools for Ridgestone Pink Sheet analysis
When running Ridgestone Mining's price analysis, check to measure Ridgestone 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 Ridgestone Mining is operating at the current time. Most of Ridgestone Mining's value examination focuses on studying past and present price action to predict the probability of Ridgestone 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 Ridgestone Mining's price. Additionally, you may evaluate how the addition of Ridgestone Mining to your portfolios can decrease your overall portfolio volatility.
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