Big Ridge Gold Stock Analysis
| BRAU Stock | CAD 0.09 0.01 10.00% |
Big Ridge Gold is overvalued with Real Value of 0.0819 and Hype Value of 0.09. The main objective of Big Ridge stock analysis is to determine its intrinsic value, which is an estimate of what Big Ridge Gold is worth, separate from its market price. There are two main types of Big Ridge's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Big Ridge's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Big Ridge's stock to identify patterns and trends that may indicate its future price movements.
The Big Ridge stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Big Ridge is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Big Stock trading window is adjusted to America/Toronto timezone.
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Big Stock Analysis Notes
The book value of the company was currently reported as 0.03. The company recorded a loss per share of 0.02. Big Ridge Gold had not issued any dividends in recent years. The entity had 1:5 split on the 2nd of July 2020. Big Ridge Gold Corp. owns and operates gold exploration projects in Canada. The company was formerly known as Alto Ventures Ltd. and changed its name to Big Ridge Gold Corp. in September 2020.Big Ridge Gold Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada. BIG RIDGE is traded on Commodity Exchange in Exotistan. For more info on Big Ridge Gold please contact Michael CFA at 416 540 5480 or go to https://www.bigridgegold.com.Big Ridge Gold Investment Alerts
| Big Ridge Gold had very high historical volatility over the last 90 days | |
| Big Ridge Gold has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (3.68 M) with loss before overhead, payroll, taxes, and interest of (278.7 K). | |
| Big Ridge Gold has accumulated about 4.11 M in cash with (4.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| Latest headline from news.google.com: Big Ridge Gold Releases Online Meeting Materials - TipRanks |
Big Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Big Ridge's market, we take the total number of its shares issued and multiply it by Big Ridge's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Big Profitablity
Big Ridge's profitability indicators refer to fundamental financial ratios that showcase Big Ridge's ability to generate income relative to its revenue or operating costs. If, let's say, Big Ridge is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Big Ridge's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Big Ridge's profitability requires more research than a typical breakdown of Big Ridge's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.74) | (0.78) | |
| Return On Capital Employed | (0.57) | (0.60) | |
| Return On Assets | (0.74) | (0.78) | |
| Return On Equity | (0.81) | (0.85) |
Management Efficiency
Big Ridge Gold has return on total asset (ROA) of (0.4962) % which means that it has lost $0.4962 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.8936) %, meaning that it generated substantial loss on money invested by shareholders. Big Ridge's management efficiency ratios could be used to measure how well Big Ridge manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.78 in 2024. Return On Capital Employed is likely to drop to -0.6 in 2024. At this time, Big Ridge's Net Tangible Assets are fairly stable compared to the past year. Other Assets is likely to climb to about 19.7 K in 2024, whereas Total Assets are likely to drop slightly above 4.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.03 | 0.03 | |
| Tangible Book Value Per Share | 0.03 | 0.03 | |
| Enterprise Value Over EBITDA | (2.15) | (2.26) | |
| Price Book Value Ratio | 1.71 | 1.62 | |
| Enterprise Value Multiple | (2.15) | (2.26) | |
| Price Fair Value | 1.71 | 1.62 | |
| Enterprise Value | 9.8 M | 10.3 M |
Big Ridge Gold benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Beta 2.289 | Return On Assets (0.50) | Return On Equity (0.89) |
Technical Drivers
As of the 20th of December, Big Ridge shows the mean deviation of 4.61, and Risk Adjusted Performance of 0.0997. Big Ridge Gold technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Big Ridge Gold coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Big Ridge Gold is priced correctly, providing market reflects its regular price of 0.09 per share.Big Ridge Gold Price Movement Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Big Ridge middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Big Ridge Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Big Ridge Outstanding Bonds
Big Ridge issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Big Ridge Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Big bonds can be classified according to their maturity, which is the date when Big Ridge Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Big Ridge Predictive Daily Indicators
Big Ridge intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Big Ridge stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 0.09 | |||
| Day Typical Price | 0.09 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Big Ridge Forecast Models
Big Ridge's time-series forecasting models are one of many Big Ridge's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Big Ridge's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Big Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Big Ridge prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Big shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Big Ridge. By using and applying Big Stock analysis, traders can create a robust methodology for identifying Big entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | -27.7 K | -29.1 K | |
| Operating Profit Margin | -17.8 K | -18.7 K | |
| Net Loss | -18.1 K | -19 K |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Big Ridge to your portfolios without increasing risk or reducing expected return.Did you try this?
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Portfolio VolatilityCheck portfolio volatility and analyze historical return density to properly model market risk |
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Additional Tools for Big Stock Analysis
When running Big Ridge's price analysis, check to measure Big Ridge'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 Big Ridge is operating at the current time. Most of Big Ridge's value examination focuses on studying past and present price action to predict the probability of Big Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Ridge's price. Additionally, you may evaluate how the addition of Big Ridge to your portfolios can decrease your overall portfolio volatility.