Wealth Minerals Stock Fundamentals
| WML Stock | CAD 0.04 0.01 12.50% |
Wealth Minerals fundamentals help investors to digest information that contributes to Wealth Minerals' financial success or failures. It also enables traders to predict the movement of Wealth Stock. The fundamental analysis module provides a way to measure Wealth Minerals' 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 Wealth Minerals stock.
At this time, Wealth Minerals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 13.1 M in 2024, whereas Interest Expense is likely to drop 0.00 in 2024. Wealth | Select Account or Indicator |
Wealth Minerals Company Shares Owned By Institutions Analysis
Wealth Minerals' Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Wealth Minerals Shares Owned By Institutions | 0.60 % |
Most of Wealth Minerals' fundamental indicators, such as Shares Owned By Institutions, 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, Wealth Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Wealth Shares Owned By Institutions Driver Correlations
Understanding the fundamental principles of building solid financial models for Wealth Minerals is extremely important. It helps to project a fair market value of Wealth Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since Wealth Minerals' 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 Wealth Minerals' 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 Wealth Minerals' interrelated accounts and indicators.
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Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
| Competition |
Based on the latest financial disclosure, 0.6% of Wealth Minerals are shares owned by institutions. This is 97.83% lower than that of the Metals & Mining sector and 96.7% lower than that of the Materials industry. The shares owned by institutions for all Canada stocks is 98.47% higher than that of the company.
Wealth Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Wealth Minerals's current stock value. Our valuation model uses many indicators to compare Wealth Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Wealth Minerals competition to find correlations between indicators driving Wealth Minerals's intrinsic value. More Info.Wealth Minerals is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Wealth Minerals' Return On Equity is fairly stable compared to the past year. 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 Wealth Minerals' earnings, one of the primary drivers of an investment's value.Wealth Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wealth Minerals' direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wealth Minerals could also be used in its relative valuation, which is a method of valuing Wealth Minerals by comparing valuation metrics of similar companies.Wealth Minerals is currently under evaluation in shares owned by institutions category among its peers.
Wealth Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Wealth Minerals from analyzing Wealth Minerals' financial statements. These drivers represent accounts that assess Wealth Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wealth Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.8M | 114.0M | 86.4M | 76.5M | 68.8M | 72.3M | |
| Enterprise Value | 20.1M | 110.2M | 81.2M | 71.8M | 64.6M | 67.9M |
Wealth Fundamentals
| Return On Equity | -0.28 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 10.09 M | |||
| Shares Outstanding | 335.91 M | |||
| Shares Owned By Insiders | 9.17 % | |||
| Shares Owned By Institutions | 0.60 % | |||
| Number Of Shares Shorted | 10.01 K | |||
| Price To Earning | (13.15) X | |||
| Price To Book | 0.33 X | |||
| EBITDA | (10.83 M) | |||
| Net Income | (10.42 M) | |||
| Cash And Equivalents | 130.92 K | |||
| Total Debt | 27.12 K | |||
| Debt To Equity | 6.40 % | |||
| Current Ratio | 0.26 X | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (7.51 M) | |||
| Short Ratio | 0.26 X | |||
| Earnings Per Share | (0.05) X | |||
| Beta | 0.54 | |||
| Market Capitalization | 13.44 M | |||
| Total Asset | 55.33 M | |||
| Retained Earnings | (148.57 M) | |||
| Working Capital | 5.01 M | |||
| Net Asset | 55.33 M |
About Wealth Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wealth Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wealth Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wealth Minerals 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -542.2 K | -515.1 K | |
| Cost Of Revenue | 5.9 K | 5.6 K |
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Additional Tools for Wealth Stock Analysis
When running Wealth Minerals' price analysis, check to measure Wealth Minerals' 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 Wealth Minerals is operating at the current time. Most of Wealth Minerals' value examination focuses on studying past and present price action to predict the probability of Wealth Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wealth Minerals' price. Additionally, you may evaluate how the addition of Wealth Minerals to your portfolios can decrease your overall portfolio volatility.