Montage Gold Current Ratio vs. Earnings Per Share
| MAU Stock | 2.17 0.01 0.46% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 5.76794195 | Current Value 9.37 | Quarterly Volatility 3.85278022 |
For Montage Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Montage Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Montage Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Montage Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Montage Gold Corp over time as well as its relative position and ranking within its peers.
Montage |
Montage Gold Corp Earnings Per Share vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Montage Gold's current stock value. Our valuation model uses many indicators to compare Montage Gold value to that of its competitors to determine the firm's financial worth. Montage Gold Corp is regarded fourth in current ratio category among its peers. It is rated below average in earnings per share category among its peers . At this time, Montage Gold's Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Montage Gold's earnings, one of the primary drivers of an investment's value.Montage Earnings Per Share vs. Current Ratio
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.
Montage Gold |
| = | 0.04 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Montage Gold |
| = | (0.19) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Montage Earnings Per Share Comparison
Montage Gold is currently under evaluation in earnings per share category among its peers.
Montage Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Montage Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Montage Gold will eventually generate negative long term returns. The profitability progress is the general direction of Montage Gold's change in net profit over the period of time. It can combine multiple indicators of Montage Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -969.9 K | -1 M | |
| Net Loss | -21.1 M | -20.1 M | |
| Net Interest Income | 526.2 K | 552.5 K | |
| Interest Income | 526.2 K | 552.5 K | |
| Operating Income | -18.6 M | -19.5 M | |
| Net Loss | -24.4 M | -23.2 M | |
| Income Before Tax | -24.4 M | -23.2 M | |
| Total Other Income Expense Net | -6.4 M | -6.1 M | |
| Net Loss | -24.4 M | -23.2 M | |
| Income Tax Expense | 128.2 K | 86.9 K | |
| Change To Netincome | 1.6 M | 1.7 M | |
| Net Loss | (0.14) | (0.14) | |
| Income Quality | 0.71 | 0.92 | |
| Net Income Per E B T | 0.91 | 0.81 |
Montage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Montage Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Montage Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Montage Gold's important profitability drivers and their relationship over time.
Use Montage Gold in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Montage Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Montage Gold will appreciate offsetting losses from the drop in the long position's value.Montage Gold Pair Trading
Montage Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Montage Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Montage Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Montage Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Montage Gold Corp to buy it.
The correlation of Montage Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Montage Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Montage Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Montage Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Montage Gold position
In addition to having Montage Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Emerging Markets Funds Thematic Idea Now
Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Funds Theme or any other thematic opportunities.
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Additional Tools for Montage Stock Analysis
When running Montage Gold's price analysis, check to measure Montage 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 Montage Gold is operating at the current time. Most of Montage Gold's value examination focuses on studying past and present price action to predict the probability of Montage 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 Montage Gold's price. Additionally, you may evaluate how the addition of Montage Gold to your portfolios can decrease your overall portfolio volatility.