Labrador Gold Corp Stock Short Ratio
| LAB Stock | CAD 0.07 0.01 16.67% |
Labrador Gold Corp fundamentals help investors to digest information that contributes to Labrador Gold's financial success or failures. It also enables traders to predict the movement of Labrador Stock. The fundamental analysis module provides a way to measure Labrador 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 Labrador Gold stock.
Labrador | Short Ratio |
Labrador Gold Corp Company Short Ratio Analysis
Labrador Gold's 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 Labrador Gold Short Ratio | 0.04 X |
Most of Labrador Gold's 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, Labrador Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Labrador Gold Corp has a Short Ratio of 0.04 times. This is 99.0% lower than that of the Metals & Mining sector and 98.65% lower than that of the Materials industry. The short ratio for all Canada stocks is 99.0% higher than that of the company.
Labrador Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Labrador Gold's 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 Labrador Gold could also be used in its relative valuation, which is a method of valuing Labrador Gold by comparing valuation metrics of similar companies.Labrador Gold is currently under evaluation in short ratio category among its peers.
Labrador Fundamentals
| Return On Equity | -0.0107 | ||||
| Return On Asset | -0.0124 | ||||
| Current Valuation | 5.37 M | ||||
| Shares Outstanding | 170.01 M | ||||
| Shares Owned By Insiders | 13.49 % | ||||
| Number Of Shares Shorted | 11.83 K | ||||
| Price To Earning | 21.25 X | ||||
| Price To Book | 0.25 X | ||||
| EBITDA | (960.19 K) | ||||
| Net Income | (796.85 K) | ||||
| Cash And Equivalents | 846.74 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.82 M | ||||
| Debt To Equity | 3.12 % | ||||
| Book Value Per Share | 0.28 X | ||||
| Cash Flow From Operations | (476.11 K) | ||||
| Short Ratio | 0.04 X | ||||
| Target Price | 0.75 | ||||
| Beta | 1.51 | ||||
| Market Capitalization | 11.9 M | ||||
| Total Asset | 50.45 M | ||||
| Retained Earnings | (17.43 M) | ||||
| Working Capital | 9.64 M | ||||
| Net Asset | 50.45 M |
About Labrador Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Labrador Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Labrador Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Labrador Gold 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 Labrador Stock Analysis
When running Labrador Gold's price analysis, check to measure Labrador 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 Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador 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 Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.