Traction Uranium Corp Stock Fundamentals

TRCTF Stock  USD 0.21  0.01  5.00%   
Traction Uranium Corp fundamentals help investors to digest information that contributes to Traction Uranium's financial success or failures. It also enables traders to predict the movement of Traction OTC Stock. The fundamental analysis module provides a way to measure Traction Uranium'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 Traction Uranium otc stock.
  
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Traction Uranium Corp OTC Stock Current Valuation Analysis

Traction Uranium's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Traction Uranium Current Valuation

    
  8.69 M  
Most of Traction Uranium's fundamental indicators, such as Current Valuation, 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, Traction Uranium Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Traction Uranium Corp has a Current Valuation of 8.69 M. This is 99.92% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The current valuation for all United States stocks is 99.95% higher than that of the company.

Traction Uranium Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Traction Uranium's current stock value. Our valuation model uses many indicators to compare Traction Uranium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Traction Uranium competition to find correlations between indicators driving Traction Uranium's intrinsic value. More Info.
Traction Uranium Corp is rated below average in current valuation category among its peers. It is rated below average in shares outstanding category among its peers creating about  7.17  of Shares Outstanding per Current Valuation. 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 Traction Uranium's earnings, one of the primary drivers of an investment's value.

Traction Current Valuation Peer Comparison

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

Traction Fundamentals

About Traction Uranium Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Traction Uranium Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Traction Uranium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Traction Uranium 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.
Traction Uranium Corp. engages in the exploration of mineral properties in Canada. The company was incorporated in 2020 and is based in Vancouver, Canada. Traction Uranium is traded on OTC Exchange in the United States.

Currently Active Assets on Macroaxis

Other Information on Investing in Traction OTC Stock

Traction Uranium financial ratios help investors to determine whether Traction 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 Traction with respect to the benefits of owning Traction Uranium security.