Group Eleven Resources Stock Target Price
ZNG Stock | CAD 0.17 0.01 5.56% |
Group Eleven Resources fundamentals help investors to digest information that contributes to Group Eleven's financial success or failures. It also enables traders to predict the movement of Group Stock. The fundamental analysis module provides a way to measure Group Eleven'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 Group Eleven stock.
Group | Target Price |
Group Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Group Eleven's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Group Eleven could also be used in its relative valuation, which is a method of valuing Group Eleven by comparing valuation metrics of similar companies.Group Eleven is currently under evaluation in target price category among its peers.
Group Eleven Current Valuation Drivers
We derive many important indicators used in calculating different scores of Group Eleven from analyzing Group Eleven's financial statements. These drivers represent accounts that assess Group Eleven's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Group Eleven's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 3.8M | 8.3M | 15.1M | 10.1M | 9.1M | 6.6M | |
Enterprise Value | 3.0M | 6.0M | 14.2M | 9.0M | 8.1M | 5.2M |
Group Fundamentals
Return On Equity | -0.23 | ||||
Return On Asset | -0.15 | ||||
Current Valuation | 34.2 M | ||||
Shares Outstanding | 212.96 M | ||||
Shares Owned By Insiders | 35.48 % | ||||
Shares Owned By Institutions | 1.90 % | ||||
Number Of Shares Shorted | 8.72 K | ||||
Price To Book | 4.67 X | ||||
EBITDA | (2.66 M) | ||||
Net Income | (2.49 M) | ||||
Cash And Equivalents | 919.3 K | ||||
Cash Per Share | 0.01 X | ||||
Total Debt | 896.11 K | ||||
Current Ratio | 3.82 X | ||||
Book Value Per Share | 0.04 X | ||||
Cash Flow From Operations | (2.13 M) | ||||
Short Ratio | 0.12 X | ||||
Earnings Per Share | (0.02) X | ||||
Beta | 1.48 | ||||
Market Capitalization | 35.14 M | ||||
Total Asset | 12.34 M | ||||
Retained Earnings | (17.58 M) | ||||
Working Capital | 2.53 M | ||||
Net Asset | 12.34 M |
About Group Eleven Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Group Eleven Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Group Eleven using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Group Eleven Resources 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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Additional Tools for Group Stock Analysis
When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.