Visible Gold Financials

VGD Stock  CAD 0.08  0.01  14.29%   
We advise to exercise Visible Gold fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Visible Gold Mines as well as the relationship between them. We were able to interpolate twenty-four available drivers for Visible Gold Mines, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Visible Gold to be traded at C$0.1 in 90 days. Key indicators impacting Visible Gold's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.110.1197
Significantly Down
Slightly volatile
  
Please note, the imprecision that can be found in Visible Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Visible Gold Mines. Check Visible Gold's Beneish M Score to see the likelihood of Visible Gold's management manipulating its earnings.

Visible Gold Stock Summary

Visible Gold competes with Arizona Sonoran, Marimaca Copper, and QC Copper. Visible Gold Mines Inc. acquires and explores for gold mineral deposits in northwestern Qubec, Canada. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada. VISIBLE GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA92834E3068
Business Address147 Qubec Avenue,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.visiblegoldmines.com
Phone819 762 0107
CurrencyCAD - Canadian Dollar
You should never invest in Visible Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Visible Stock, because this is throwing your money away. Analyzing the key information contained in Visible Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Visible Gold Key Financial Ratios

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

Visible Gold Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2M5.5M1.5M796.9K717.3K681.4K
Net Debt(20.1K)(333.3K)(173.5K)68.3K78.6K82.5K
Retained Earnings(23.2M)(24.1M)(28.2M)(29.2M)(26.3M)(25.0M)
Accounts Payable279.7K2.6K30.8K79.8K71.8K117.1K
Cash20.1K333.3K173.5K22.4K20.2K19.2K
Net Receivables11.7K21.3K11.9K68.3K61.4K58.4K
Other Current Assets52.0659.01.3K1.7K1.6K1.5K
Total Liab401.4K44.6K118.6K255.4K229.9K292.8K
Total Current Assets31.8K355.2K186.7K92.4K83.2K79.0K
Other Current Liab121.7K42.0K87.8K84.8K76.4K148.6K
Common Stock21.8M22.2M23.4M23.6M27.1M22.1M
Net Tangible Assets4.7M4.8M5.4M1.4M1.2M1.2M
Net Invested Capital4.8M5.4M1.4M632.3K569.1K540.6K
Net Working Capital(369.6K)310.6K68.1K(88.1K)(79.3K)(75.3K)
Capital Stock21.8M22.2M23.4M23.6M27.1M24.9M

Visible Gold Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(276.2K)(782.3K)(4.1M)(897.1K)(807.4K)(847.8K)
Ebit(204.7K)(437.7K)3.3M(319.0K)(366.8K)(385.2K)
Ebitda(200.7K)(433.1K)3.3M(314.3K)(361.5K)(379.5K)
Net Income(315.1K)(782.0K)(4.1M)(896.0K)(806.4K)(846.7K)
Income Tax Expense69.7K171.2K3.7M12.6K14.5K13.7K
Income Before Tax(315.1K)(782.0K)(4.1M)(896.0K)(806.4K)(846.7K)
Gross Profit(4K)(4.6K)(8.2K)(4.7K)(4.2K)(4.0K)
Cost Of Revenue4K4.6K8.2K4.7K5.4K5.6K
Net Interest Income1.8K506.0955.0(10.5K)(12.1K)(12.7K)
Interest Income1.8K506.0955.02.1K1.9K1.6K

Visible Gold Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(40.0K)313.2K(159.7K)(151.1K)(136.0K)(142.8K)
Free Cash Flow44.2K(708.3K)(354.8K)(457.8K)(526.4K)(552.8K)
Depreciation4K4.6K8.2K4.7K5.4K5.1K
Capital Expenditures17.5K84.2K55.7K115.1K103.6K98.4K
Net Income(315.1K)(782.0K)(4.1M)(896.0K)(806.4K)(846.7K)
End Period Cash Flow20.1K333.3K173.5K22.4K20.2K19.2K
Other Non Cash Items(32.3K)1.4K3.7M549.5K494.6K469.9K
Change To Netincome38.4K33.8K292.5K35.0K40.3K61.1K
Investments(101.7K)(43.7K)139.4K(43.4K)(50.0K)(47.5K)

Visible Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Visible Gold's current stock value. Our valuation model uses many indicators to compare Visible Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Visible Gold competition to find correlations between indicators driving Visible Gold's intrinsic value. More Info.
Visible Gold Mines is rated fifth in return on equity category among its peers. It is rated fifth in return on asset category among its peers . At this time, Visible Gold's Return On Equity is fairly stable compared to the past year. 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 Visible Gold's earnings, one of the primary drivers of an investment's value.

Visible Gold Mines Systematic Risk

Visible Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Visible 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.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Visible Gold Mines correlated with the market. If Beta is less than 0 Visible Gold generally moves in the opposite direction as compared to the market. If Visible Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Visible Gold Mines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Visible Gold is generally in the same direction as the market. If Beta > 1 Visible Gold moves generally in the same direction as, but more than the movement of the benchmark.

Visible Gold Mines Total Assets Over Time

Today, most investors in Visible Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Visible 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 Visible Gold growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0963

At this time, Visible Gold's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Visible Gold December 14, 2024 Opportunity Range

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

Additional Tools for Visible Stock Analysis

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