Tonogold Resources Financials
| TNGL Stock | USD 0.01 0 21.25% |
Tonogold |
Tonogold Resources Stock Summary
Tonogold Resources competes with West Red, Coeur Mining, Equinox Gold, B2Gold Corp, and Sandstorm Gold. Tonogold Resources, Inc., a junior mining company, focuses on developing and maintaining mining leases on properties in Nevada. Tonogold Resources, Inc. based in Woodland hills, California. Tonogold Res operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US8903082084 |
| Business Address | 22543 Ventura Boulevard, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | tonogold.com |
| Phone | 775 848 9578 |
| Currency | USD - US Dollar |
Tonogold Resources Key Financial Ratios
There are many critical financial ratios that Tonogold Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Tonogold Resources reports annually and quarterly.| Return On Equity | -0.49 | |||
| Return On Asset | -0.0526 | |||
| Beta | 0.44 |
Tonogold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tonogold Resources's current stock value. Our valuation model uses many indicators to compare Tonogold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tonogold Resources competition to find correlations between indicators driving Tonogold Resources's intrinsic value. More Info.Tonogold Resources 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 Tonogold Resources' earnings, one of the primary drivers of an investment's value.Tonogold Resources Systematic Risk
Tonogold Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tonogold Resources 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 six with a total number of output elements of fifty-five. The Beta measures systematic risk based on how returns on Tonogold Resources correlated with the market. If Beta is less than 0 Tonogold Resources generally moves in the opposite direction as compared to the market. If Tonogold Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tonogold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tonogold Resources is generally in the same direction as the market. If Beta > 1 Tonogold Resources moves generally in the same direction as, but more than the movement of the benchmark.
Tonogold Resources January 8, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tonogold Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tonogold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tonogold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Tonogold Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tonogold Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 14.4 | |||
| Information Ratio | 0.0468 | |||
| Maximum Drawdown | 79.0 | |||
| Value At Risk | (25.50) | |||
| Potential Upside | 24.2 |
Other Information on Investing in Tonogold Pink Sheet
Tonogold Resources financial ratios help investors to determine whether Tonogold Pink Sheet 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 Tonogold with respect to the benefits of owning Tonogold Resources security.