Not a fun time MinRes scraps dividend as profit sinks 79 percent - Mining.com.au
| UMS Stock | THB 0.39 0.02 4.88% |
About 61% of Unique Mining's investor base is looking to short. The analysis of current outlook of investing in Unique Mining Services suggests that many traders are alarmed regarding Unique Mining's prospects. Unique Mining's investing sentiment shows overall attitude of investors towards Unique Mining Services.
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Not a fun time MinRes scraps dividend as profit sinks 79 Mining.com.au
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Unique Mining Fundamental Analysis
We analyze Unique Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unique Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unique Mining 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.
Current Ratio
Current Ratio Comparative Analysis
Unique Mining is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Unique Mining Services 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 Unique Mining stock to make a market-neutral strategy. Peer analysis of Unique Mining could also be used in its relative valuation, which is a method of valuing Unique Mining by comparing valuation metrics with similar companies.
Peers
Unique Mining Related Equities
| UREKA | Eureka Design | 0.95 | ||||
| UEC | Unimit Engineering | 0.82 | ||||
| WINNER | Winner Group | 0.99 | ||||
| UBIS | Ubis Public | 1.97 | ||||
| UKEM | Union Petrochemical | 3.28 |
Other Information on Investing in Unique Stock
Unique Mining financial ratios help investors to determine whether Unique 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 Unique with respect to the benefits of owning Unique Mining security.