Tonogold to acquire US uranium company JAG Minerals - GlobalData
| TNGL Stock | USD 0.01 0 21.43% |
About 61% of Tonogold Resources' investor base is looking to short. The analysis of overall sentiment of trading Tonogold Resources pink sheet suggests that many investors are alarmed at this time. Tonogold Resources' investing sentiment shows overall attitude of investors towards Tonogold Resources.
Tonogold Resources pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Tonogold daily returns and investor perception about the current price of Tonogold Resources as well as its diversification or hedging effects on your existing portfolios.
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Tonogold to acquire US uranium company JAG Minerals GlobalData
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Tonogold Resources Fundamental Analysis
We analyze Tonogold Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tonogold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tonogold 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.
Total Debt
Total Debt Comparative Analysis
Tonogold Resources is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Tonogold Resources 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 Tonogold Resources pink sheet to make a market-neutral strategy. Peer analysis of Tonogold Resources could also be used in its relative valuation, which is a method of valuing Tonogold Resources by comparing valuation metrics with similar companies.
Peers
Tonogold Resources Related Equities
| EQX | Equinox Gold | 9.85 | ||||
| CDE | Coeur Mining | 5.06 | ||||
| WRLGF | West Red | 5.00 | ||||
| KGC | Kinross Gold | 4.85 | ||||
| AEM | Agnico Eagle | 2.72 | ||||
| NEM | Newmont Goldcorp | 2.54 | ||||
| WPM | Wheaton Precious | 1.71 | ||||
| BTG | B2Gold Corp | 1.56 | ||||
| GFI | Gold Fields | 1.41 | ||||
| PAAS | Pan American | 0.94 | ||||
| SAND | Sandstorm Gold | 0.89 |
Other Information on Investing in Tonogold Pink Sheet
Tonogold Resources financial ratios help investors to determine whether Tonogold 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 Tonogold with respect to the benefits of owning Tonogold Resources security.