Thungela Resources Limited Stock Short Ratio

TNGRF Stock  USD 7.25  0.15  2.11%   
Thungela Resources Limited fundamentals help investors to digest information that contributes to Thungela Resources' financial success or failures. It also enables traders to predict the movement of Thungela Pink Sheet. The fundamental analysis module provides a way to measure Thungela Resources' 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 Thungela Resources pink sheet.
  
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Thungela Resources Limited Company Short Ratio Analysis

Thungela Resources' 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.

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis
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, Thungela Resources Limited has a Short Ratio of 0.0 times. This is 100.0% lower than that of the Energy sector and about the same as Thermal Coal (which currently averages 0.0) industry. The short ratio for all United States stocks is 100.0% higher than that of the company.

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Thungela Fundamentals

About Thungela Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thungela Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thungela Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thungela Resources Limited 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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Other Information on Investing in Thungela Pink Sheet

Thungela Resources financial ratios help investors to determine whether Thungela Pink Sheet 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 Thungela with respect to the benefits of owning Thungela Resources security.