Granada Gold Mine Stock Price To Book
| GGM Stock | CAD 0.03 0.00 0.00% |
Granada Gold Mine fundamentals help investors to digest information that contributes to Granada Gold's financial success or failures. It also enables traders to predict the movement of Granada Stock. The fundamental analysis module provides a way to measure Granada Gold's 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 Granada Gold stock.
Price To Book Ratio is likely to drop to -0.34 in 2024. Granada | Price To Book |
Granada Gold Mine Company Price To Book Analysis
Granada Gold's 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.
Granada Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Granada Gold is extremely important. It helps to project a fair market value of Granada Stock properly, considering its historical fundamentals such as Price To Book. Since Granada Gold's 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 Granada Gold's 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 Granada Gold's interrelated accounts and indicators.
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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.
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Granada Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Granada Gold Mine has a Price To Book of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to book for all Canada stocks is 100.0% higher than that of the company.
Granada Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granada Gold's 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 Granada Gold could also be used in its relative valuation, which is a method of valuing Granada Gold by comparing valuation metrics of similar companies.Granada Gold is currently under evaluation in price to book category among its peers.
Granada Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Granada Gold from analyzing Granada Gold's financial statements. These drivers represent accounts that assess Granada Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Granada Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.2M | 16.1M | 4.8M | 4.5M | 3.9M | 7.2M | |
| Enterprise Value | 15.5M | 17.7M | 5.8M | 5.8M | 5.3M | 7.5M |
Granada Fundamentals
| Return On Asset | -0.82 | ||||
| Current Valuation | 6.3 M | ||||
| Shares Outstanding | 164.56 M | ||||
| Shares Owned By Insiders | 2.03 % | ||||
| Number Of Shares Shorted | 27 | ||||
| Price To Earning | 8.91 X | ||||
| EBITDA | (2.37 M) | ||||
| Net Income | (2.88 M) | ||||
| Cash And Equivalents | 8.51 K | ||||
| Total Debt | 1.28 M | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | (0.08) X | ||||
| Cash Flow From Operations | (122.75 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 2.56 | ||||
| Market Capitalization | 4.94 M | ||||
| Total Asset | 892.1 K | ||||
| Retained Earnings | (84.52 M) | ||||
| Working Capital | (10.61 M) | ||||
| Net Asset | 892.1 K |
About Granada Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Granada Gold Mine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granada Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granada Gold Mine 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 Granada Stock Analysis
When running Granada Gold's price analysis, check to measure Granada 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 Granada Gold is operating at the current time. Most of Granada Gold's value examination focuses on studying past and present price action to predict the probability of Granada 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 Granada Gold's price. Additionally, you may evaluate how the addition of Granada Gold to your portfolios can decrease your overall portfolio volatility.