Gold79 Mines Stock Price To Book
Gold79 Mines fundamentals help investors to digest information that contributes to Gold79 Mines' financial success or failures. It also enables traders to predict the movement of Gold79 Stock. The fundamental analysis module provides a way to measure Gold79 Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gold79 Mines stock.
Gold79 |
Gold79 Mines Company Price To Book Analysis
Gold79 Mines' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Gold79 Mines Price To Book | 3.07 X |
Most of Gold79 Mines' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gold79 Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
CompetitionBased on the latest financial disclosure, Gold79 Mines has a Price To Book of 3.0712 times. This is 74.78% lower than that of the Metals & Mining sector and 16.54% lower than that of the Materials industry. The price to book for all Canada stocks is 67.71% higher than that of the company.
Gold79 Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gold79 Mines' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gold79 Mines could also be used in its relative valuation, which is a method of valuing Gold79 Mines by comparing valuation metrics of similar companies.Gold79 Mines is currently under evaluation in price to book category among its peers.
Gold79 Fundamentals
| Return On Equity | -0.0824 | |||
| Return On Asset | -0.045 | |||
| Current Valuation | 22.87 M | |||
| Shares Outstanding | 65.86 M | |||
| Shares Owned By Insiders | 8.48 % | |||
| Shares Owned By Institutions | 1.91 % | |||
| Number Of Shares Shorted | 24 | |||
| Price To Earning | (35.00) X | |||
| Price To Book | 3.07 X | |||
| Gross Profit | (960) | |||
| EBITDA | (656.52 K) | |||
| Net Income | (420.38 K) | |||
| Cash And Equivalents | 150.42 K | |||
| Total Debt | 195.83 K | |||
| Current Ratio | 0.45 X | |||
| Book Value Per Share | 0.26 X | |||
| Cash Flow From Operations | (270.23 K) | |||
| Short Ratio | 0.19 X | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 2.15 | |||
| Market Capitalization | 19.1 M | |||
| Total Asset | 5.07 M | |||
| Retained Earnings | (20.94 M) | |||
| Working Capital | (65.55 K) | |||
| Net Asset | 5.07 M |
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Additional Tools for Gold79 Stock Analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.