Rusoro Mining Stock Net Income

RML Stock  CAD 0.79  0.02  2.60%   
Rusoro Mining fundamentals help investors to digest information that contributes to Rusoro Mining's financial success or failures. It also enables traders to predict the movement of Rusoro Stock. The fundamental analysis module provides a way to measure Rusoro Mining'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 Rusoro Mining stock.
Last ReportedProjected for Next Year
Net Loss-28.9 M-30.3 M
Net Loss-28.9 M-27.4 M
Net Loss-16.8 M-16 M
Net Loss(0.05)(0.06)
Net Income Per E B T 1.03  0.90 
Net Loss is likely to drop to about (30.3 M) in 2024. Net Loss is likely to climb to about (27.4 M) in 2024.
  
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Rusoro Mining Company Net Income Analysis

Rusoro Mining's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Rusoro Mining Net Income

    
  (28.87 M)  
Most of Rusoro Mining's fundamental indicators, such as Net Income, 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, Rusoro Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Rusoro Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Rusoro Mining is extremely important. It helps to project a fair market value of Rusoro Stock properly, considering its historical fundamentals such as Net Income. Since Rusoro Mining'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 Rusoro Mining'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 Rusoro Mining's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Rusoro Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(4.75 Million)

Rusoro Mining reported Accumulated Other Comprehensive Income of (5 Million) in 2023
Based on the recorded statements, Rusoro Mining reported net income of (28.87 Million). This is 139.9% higher than that of the Metals & Mining sector and 79.17% lower than that of the Materials industry. The net income for all Canada stocks is 105.06% higher than that of the company.

Rusoro Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rusoro Mining's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rusoro Mining could also be used in its relative valuation, which is a method of valuing Rusoro Mining by comparing valuation metrics of similar companies.
Rusoro Mining is currently under evaluation in net income category among its peers.

Rusoro Mining Current Valuation Drivers

We derive many important indicators used in calculating different scores of Rusoro Mining from analyzing Rusoro Mining's financial statements. These drivers represent accounts that assess Rusoro Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Rusoro Mining's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap25.2M17.1M21.5M20.3M266.5M279.8M
Enterprise Value60.4M52.4M56.8M55.6M302.5M317.7M

Rusoro Fundamentals

About Rusoro Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rusoro Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rusoro Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rusoro Mining 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Rusoro Stock Analysis

When running Rusoro Mining's price analysis, check to measure Rusoro Mining'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 Rusoro Mining is operating at the current time. Most of Rusoro Mining's value examination focuses on studying past and present price action to predict the probability of Rusoro Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rusoro Mining's price. Additionally, you may evaluate how the addition of Rusoro Mining to your portfolios can decrease your overall portfolio volatility.