Noble Mineral Exploration Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2023 - Marketscreener.com
| NGC Stock | CAD 0.16 0.01 5.88% |
Slightly above 61% of Northern Graphite's investor base is looking to short. The current sentiment regarding investing in Northern Graphite stock implies that many traders are alarmed. Northern Graphite's investing sentiment can be driven by a variety of factors including economic data, Northern Graphite's earnings reports, geopolitical events, and overall market trends.
Northern Graphite stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Northern daily returns and investor perception about the current price of Northern Graphite as well as its diversification or hedging effects on your existing portfolios.
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Noble Mineral Exploration Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2023 Marketscreener.com
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Northern Graphite Fundamental Analysis
We analyze Northern Graphite's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Graphite using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Graphite 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.
Cash Per Share
Cash Per Share Comparative Analysis
Northern Graphite is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Northern Graphite Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northern Graphite stock to make a market-neutral strategy. Peer analysis of Northern Graphite could also be used in its relative valuation, which is a method of valuing Northern Graphite by comparing valuation metrics with similar companies.
Peers
Northern Graphite Related Equities
| GPG | Grande Portage | 5.56 | ||||
| OCG | Outcrop Gold | 5.00 |
Additional Tools for Northern Stock Analysis
When running Northern Graphite's price analysis, check to measure Northern Graphite'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 Northern Graphite is operating at the current time. Most of Northern Graphite's value examination focuses on studying past and present price action to predict the probability of Northern Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Graphite's price. Additionally, you may evaluate how the addition of Northern Graphite to your portfolios can decrease your overall portfolio volatility.