Ophir Tangible Book Value Per Share vs Earnings Yield Analysis

OPHR Stock  CAD 0.09  0.01  10.00%   
Ophir Gold financial indicator trend analysis is much more than just breaking down Ophir Gold Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ophir Gold Corp is a good investment. Please check the relationship between Ophir Gold Tangible Book Value Per Share and its Earnings Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ophir Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Tangible Book Value Per Share vs Earnings Yield

Tangible Book Value Per Share vs Earnings Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ophir Gold Corp Tangible Book Value Per Share account and Earnings Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ophir Gold's Tangible Book Value Per Share and Earnings Yield is 0.13. Overlapping area represents the amount of variation of Tangible Book Value Per Share that can explain the historical movement of Earnings Yield in the same time period over historical financial statements of Ophir Gold Corp, assuming nothing else is changed. The correlation between historical values of Ophir Gold's Tangible Book Value Per Share and Earnings Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Book Value Per Share of Ophir Gold Corp are associated (or correlated) with its Earnings Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings Yield has no effect on the direction of Tangible Book Value Per Share i.e., Ophir Gold's Tangible Book Value Per Share and Earnings Yield go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Tangible Book Value Per Share

Earnings Yield

The inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company.
Most indicators from Ophir Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ophir Gold Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ophir Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Enterprise Value is likely to climb to about 3.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 545.1 K in 2025.

Ophir Gold fundamental ratios Correlations

-0.29-0.511.01.0-0.9-0.170.920.98-0.460.990.96-0.511.00.940.940.90.960.980.930.890.89
-0.290.5-0.29-0.29-0.070.52-0.08-0.37-0.37-0.18-0.320.5-0.29-0.11-0.13-0.14-0.24-0.31-0.21-0.26-0.26
-0.510.5-0.52-0.520.320.78-0.28-0.60.52-0.43-0.571.0-0.52-0.3-0.33-0.46-0.48-0.56-0.49-0.45-0.45
1.0-0.29-0.521.0-0.9-0.180.920.98-0.470.990.96-0.521.00.940.940.90.960.980.930.890.89
1.0-0.29-0.521.0-0.9-0.180.920.98-0.470.990.96-0.521.00.940.940.90.960.980.930.890.89
-0.9-0.070.32-0.9-0.9-0.06-0.88-0.860.62-0.93-0.870.32-0.9-0.88-0.88-0.9-0.9-0.87-0.89-0.73-0.73
-0.170.520.78-0.18-0.18-0.06-0.04-0.230.32-0.07-0.150.78-0.18-0.05-0.080.0-0.07-0.16-0.04-0.03-0.03
0.92-0.08-0.280.920.92-0.88-0.040.83-0.380.930.79-0.280.921.01.00.840.820.860.860.780.78
0.98-0.37-0.60.980.98-0.86-0.230.83-0.490.970.99-0.60.980.850.860.880.980.990.910.890.89
-0.46-0.370.52-0.47-0.470.620.32-0.38-0.49-0.5-0.510.52-0.47-0.38-0.39-0.47-0.51-0.48-0.44-0.35-0.35
0.99-0.18-0.430.990.99-0.93-0.070.930.97-0.50.96-0.430.990.940.950.910.970.980.930.890.89
0.96-0.32-0.570.960.96-0.87-0.150.790.99-0.510.96-0.570.960.810.820.870.990.990.90.90.9
-0.510.51.0-0.52-0.520.320.78-0.28-0.60.52-0.43-0.57-0.52-0.3-0.33-0.46-0.48-0.56-0.49-0.45-0.45
1.0-0.29-0.521.01.0-0.9-0.180.920.98-0.470.990.96-0.520.940.940.90.960.980.930.890.89
0.94-0.11-0.30.940.94-0.88-0.051.00.85-0.380.940.81-0.30.941.00.850.840.880.870.790.79
0.94-0.13-0.330.940.94-0.88-0.081.00.86-0.390.950.82-0.330.941.00.850.850.890.880.80.8
0.9-0.14-0.460.90.9-0.90.00.840.88-0.470.910.87-0.460.90.850.850.880.881.00.860.86
0.96-0.24-0.480.960.96-0.9-0.070.820.98-0.510.970.99-0.480.960.840.850.880.980.910.90.9
0.98-0.31-0.560.980.98-0.87-0.160.860.99-0.480.980.99-0.560.980.880.890.880.980.910.920.92
0.93-0.21-0.490.930.93-0.89-0.040.860.91-0.440.930.9-0.490.930.870.881.00.910.910.890.89
0.89-0.26-0.450.890.89-0.73-0.030.780.89-0.350.890.9-0.450.890.790.80.860.90.920.891.0
0.89-0.26-0.450.890.89-0.73-0.030.780.89-0.350.890.9-0.450.890.790.80.860.90.920.891.0
Click cells to compare fundamentals

Ophir Gold Account Relationship Matchups

Ophir Gold fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets231.5K3.7M4.5M6.6M7.6M8.0M
Total Current Liabilities202.1K133.1K47.5K81.7K73.5K89.2K
Total Stockholder Equity29.3K3.5M4.5M6.6M7.5M7.9M
Net Tangible Assets29.3K3.5M4.5M6.6M7.5M7.9M
Retained Earnings(5.8M)(6.9M)(7.4M)(8.3M)(7.5M)(7.9M)
Accounts Payable98.1K57.4K37.6K68.9K62.0K51.5K
Cash209.5K2.2M568.0K1.9M2.1M2.2M
Net Receivables10.9K8.4K2.7K8.5K7.7K6.1K
Common Stock Shares Outstanding17.6M49.7M57.9M89.3M102.7M107.8M
Total Liab202.1K133.1K47.5K81.7K73.5K89.2K
Net Invested Capital29.3K3.5M4.5M6.6M7.5M7.9M
Total Current Assets231.5K2.4M780.0K2.2M2.5M2.7M
Net Working Capital29.3K2.3M732.5K2.1M2.5M2.6M
Common Stock4.3M6.4M7.5M9.5M10.9M6.1M
Short Term Investments10K60K120K180K207K217.4K
Capital Stock4.3M6.4M7.5M9.5M10.9M7.0M

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Additional Tools for Ophir Stock Analysis

When running Ophir Gold's price analysis, check to measure Ophir Gold'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 Ophir Gold is operating at the current time. Most of Ophir Gold's value examination focuses on studying past and present price action to predict the probability of Ophir Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ophir Gold's price. Additionally, you may evaluate how the addition of Ophir Gold to your portfolios can decrease your overall portfolio volatility.