Sonoro Gold Corp Stock Fundamentals

SMOFF Stock  USD 0.07  0.01  13.88%   
Sonoro Gold Corp fundamentals help investors to digest information that contributes to Sonoro Gold's financial success or failures. It also enables traders to predict the movement of Sonoro OTC Stock. The fundamental analysis module provides a way to measure Sonoro 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 Sonoro Gold otc stock.
  
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Sonoro Gold Corp OTC Stock Return On Equity Analysis

Sonoro Gold's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Sonoro Gold Return On Equity

    
  -1.1  
Most of Sonoro Gold's fundamental indicators, such as Return On Equity, 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, Sonoro Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Sonoro Gold Corp has a Return On Equity of -1.0976. This is 220.62% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on equity for all United States stocks is notably higher than that of the company.

Sonoro Gold Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sonoro Gold's current stock value. Our valuation model uses many indicators to compare Sonoro Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonoro Gold competition to find correlations between indicators driving Sonoro Gold's intrinsic value. More Info.
Sonoro Gold Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sonoro Gold's earnings, one of the primary drivers of an investment's value.

Sonoro Return On Equity Peer Comparison

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

Sonoro Fundamentals

About Sonoro Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sonoro Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonoro Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonoro Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Sonoro Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company was formerly known as Sonoro Metals Corp. and changed its name to Sonoro Gold Corp. in August 2020. Sonoro Metals is traded on OTC Exchange in the United States.

Currently Active Assets on Macroaxis

Other Information on Investing in Sonoro OTC Stock

Sonoro Gold financial ratios help investors to determine whether Sonoro OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sonoro with respect to the benefits of owning Sonoro Gold security.