Magna Gold Revenue vs. Current Valuation
| MGLQFDelisted Stock | USD 0.01 0.00 0.00% |
For Magna Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna Gold Corp over time as well as its relative position and ranking within its peers.
Magna |
Magna Gold Corp Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magna Gold's current stock value. Our valuation model uses many indicators to compare Magna Gold value to that of its competitors to determine the firm's financial worth. Magna Gold Corp is rated top company in revenue category among its peers. It is regarded fifth in current valuation category among its peers reporting about 0.09 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Magna Gold Corp is roughly 11.09 . 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 Magna Gold's earnings, one of the primary drivers of an investment's value.Magna Revenue vs. Competition
Magna Gold Corp is rated top company in revenue category among its peers. Market size based on revenue of Gold industry is now estimated at about 202.4 Million. Magna Gold totals roughly 98.51 Million in revenue claiming about 49% of equities under Gold industry.
Magna Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Magna Gold |
| = | 98.51 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Magna Gold |
| = | 8.89 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Magna Current Valuation vs Competition
Magna Gold Corp is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gold industry is now estimated at about 517.84 Million. Magna Gold claims roughly 8.89 Million in current valuation contributing just under 2% to equities under Gold industry.
Magna Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magna Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magna Gold will eventually generate negative long term returns. The profitability progress is the general direction of Magna Gold's change in net profit over the period of time. It can combine multiple indicators of Magna 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.
Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada. MAGNA GOLD is traded on OTC Exchange in the United States.
Magna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magna 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 Magna 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 Magna Gold's important profitability drivers and their relationship over time.
Use Magna 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 Magna 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 Magna Gold will appreciate offsetting losses from the drop in the long position's value.Magna Gold Pair Trading
Magna Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Magna 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 Magna 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 Magna 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 Magna Gold Corp to buy it.
The correlation of Magna 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 Magna Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna 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 Magna 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 Magna Gold position
In addition to having Magna 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 Aluminum Thematic Idea Now
Aluminum
Companies involved in production of aluminum. The Aluminum theme has 42 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 Aluminum Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Other Consideration for investing in Magna OTC Stock
If you are still planning to invest in Magna Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magna Gold's history and understand the potential risks before investing.
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