Enduro Metals Corp Stock Short Ratio
ENDR Stock | CAD 0.17 0.01 5.56% |
Enduro Metals Corp fundamentals help investors to digest information that contributes to Enduro Metals' financial success or failures. It also enables traders to predict the movement of Enduro Stock. The fundamental analysis module provides a way to measure Enduro Metals' 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 Enduro Metals stock.
Enduro | Short Ratio |
Enduro Metals Corp Company Short Ratio Analysis
Enduro Metals' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Enduro Metals Short Ratio | 0.02 X |
Most of Enduro Metals' fundamental indicators, such as Short Ratio, 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, Enduro Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enduro Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Enduro Metals is extremely important. It helps to project a fair market value of Enduro Stock properly, considering its historical fundamentals such as Short Ratio. Since Enduro Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enduro Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enduro Metals' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition |
Based on the latest financial disclosure, Enduro Metals Corp has a Short Ratio of 0.02 times. This is 99.5% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all Canada stocks is 99.5% higher than that of the company.
Enduro Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enduro Metals' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enduro Metals could also be used in its relative valuation, which is a method of valuing Enduro Metals by comparing valuation metrics of similar companies.Enduro Metals is currently under evaluation in short ratio category among its peers.
Enduro Fundamentals
Return On Equity | -0.0295 | |||
Return On Asset | -0.033 | |||
Current Valuation | 4.84 M | |||
Shares Outstanding | 28.19 M | |||
Shares Owned By Insiders | 19.99 % | |||
Shares Owned By Institutions | 9.94 % | |||
Number Of Shares Shorted | 547 | |||
Price To Book | 0.16 X | |||
Gross Profit | (15.03 K) | |||
EBITDA | (1.44 M) | |||
Net Income | (1.09 M) | |||
Cash And Equivalents | 3.85 M | |||
Cash Per Share | 0.02 X | |||
Total Debt | 346.49 K | |||
Debt To Equity | 0 % | |||
Current Ratio | 11.76 X | |||
Book Value Per Share | 1.07 X | |||
Cash Flow From Operations | (589.6 K) | |||
Short Ratio | 0.02 X | |||
Earnings Per Share | (0.02) X | |||
Beta | 1.91 | |||
Market Capitalization | 4.79 M | |||
Total Asset | 30.42 M | |||
Retained Earnings | (33.62 M) | |||
Working Capital | (764.42 K) | |||
Net Asset | 30.42 M |
About Enduro Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enduro Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enduro Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enduro Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Enduro Stock Analysis
When running Enduro Metals' price analysis, check to measure Enduro Metals' 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 Enduro Metals is operating at the current time. Most of Enduro Metals' value examination focuses on studying past and present price action to predict the probability of Enduro Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enduro Metals' price. Additionally, you may evaluate how the addition of Enduro Metals to your portfolios can decrease your overall portfolio volatility.