Ressources Minieres Radisson Stock Short Ratio
| RDS Stock | CAD 0.28 0.02 6.67% |
Ressources Minieres Radisson fundamentals help investors to digest information that contributes to Ressources Minieres' financial success or failures. It also enables traders to predict the movement of Ressources Stock. The fundamental analysis module provides a way to measure Ressources Minieres' 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 Ressources Minieres stock.
Ressources | Short Ratio |
Ressources Minieres Radisson Company Short Ratio Analysis
Ressources Minieres' 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 Ressources Minieres Short Ratio | 0.87 X |
Most of Ressources Minieres' 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, Ressources Minieres Radisson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ressources Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Ressources Minieres is extremely important. It helps to project a fair market value of Ressources Stock properly, considering its historical fundamentals such as Short Ratio. Since Ressources Minieres' 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 Ressources Minieres' 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 Ressources Minieres' 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.
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Ressources Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Ressources Minieres Radisson has a Short Ratio of 0.87 times. This is 78.25% lower than that of the Metals & Mining sector and 70.61% lower than that of the Materials industry. The short ratio for all Canada stocks is 78.25% higher than that of the company.
Ressources Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ressources Minieres' 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 Ressources Minieres could also be used in its relative valuation, which is a method of valuing Ressources Minieres by comparing valuation metrics of similar companies.Ressources Minieres is currently under evaluation in short ratio category among its peers.
Ressources Minieres Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ressources Minieres from analyzing Ressources Minieres' financial statements. These drivers represent accounts that assess Ressources Minieres' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ressources Minieres' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 31.6M | 68.6M | 60.2M | 38.7M | 34.8M | 36.5M | |
| Enterprise Value | 29.3M | 57.3M | 49.2M | 37.1M | 33.3M | 35.0M |
Ressources Fundamentals
| Return On Equity | -0.0179 | ||||
| Return On Asset | -0.0181 | ||||
| Current Valuation | 96.36 M | ||||
| Shares Outstanding | 342.2 M | ||||
| Shares Owned By Insiders | 9.55 % | ||||
| Shares Owned By Institutions | 7.55 % | ||||
| Number Of Shares Shorted | 128.81 K | ||||
| Price To Earning | 7.67 X | ||||
| Price To Book | 2.03 X | ||||
| Price To Sales | 869.14 X | ||||
| Gross Profit | (18.65 K) | ||||
| EBITDA | (1.43 M) | ||||
| Net Income | (835.31 K) | ||||
| Cash And Equivalents | 727.21 K | ||||
| Total Debt | 6.9 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 4.10 X | ||||
| Book Value Per Share | 0.15 X | ||||
| Cash Flow From Operations | (120.87 K) | ||||
| Short Ratio | 0.87 X | ||||
| Target Price | 0.35 | ||||
| Beta | 1.79 | ||||
| Market Capitalization | 90.68 M | ||||
| Total Asset | 56.85 M | ||||
| Retained Earnings | (33.45 M) | ||||
| Working Capital | 8.55 M | ||||
| Net Asset | 56.85 M |
About Ressources Minieres Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ressources Minieres Radisson's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ressources Minieres using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ressources Minieres Radisson 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 Ressources Stock Analysis
When running Ressources Minieres' price analysis, check to measure Ressources Minieres' 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 Ressources Minieres is operating at the current time. Most of Ressources Minieres' value examination focuses on studying past and present price action to predict the probability of Ressources Minieres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ressources Minieres' price. Additionally, you may evaluate how the addition of Ressources Minieres to your portfolios can decrease your overall portfolio volatility.