Ngex Minerals Stock Analysis
| NGEX Stock | 13.09 0.74 5.99% |
NGEx Minerals is fairly valued with Real Value of 12.68 and Hype Value of 13.1. The main objective of NGEx Minerals stock analysis is to determine its intrinsic value, which is an estimate of what NGEx Minerals is worth, separate from its market price. There are two main types of NGEx Minerals' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NGEx Minerals' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NGEx Minerals' stock to identify patterns and trends that may indicate its future price movements.
The NGEx Minerals stock is traded in Canada on Toronto 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. NGEx Minerals is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. NGEx Stock trading window is adjusted to America/Toronto timezone.
NGEx |
NGEx Stock Analysis Notes
About 38.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.24. NGEx Minerals had not issued any dividends in recent years. To find out more about NGEx Minerals contact Wojtek PG at 604-689-7842 or learn more at https://ngexminerals.com.NGEx Minerals Investment Alerts
| Net Loss for the year was (37.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NGEx Minerals generates negative cash flow from operations | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
NGEx Largest EPS Surprises
Earnings surprises can significantly impact NGEx Minerals' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-06-30 | 2023-06-30 | -0.07 | -0.06 | 0.01 | 14 | ||
2022-12-31 | 2022-12-31 | -0.05 | -0.04 | 0.01 | 20 | ||
2024-11-22 | 2024-09-30 | -0.04 | -0.0518 | -0.0118 | 29 |
NGEx Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NGEx Minerals's market, we take the total number of its shares issued and multiply it by NGEx Minerals'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.NGEx Profitablity
NGEx Minerals' profitability indicators refer to fundamental financial ratios that showcase NGEx Minerals' ability to generate income relative to its revenue or operating costs. If, let's say, NGEx Minerals is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, NGEx Minerals' 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 NGEx Minerals' profitability requires more research than a typical breakdown of NGEx Minerals' 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 | (0.47) | (0.49) | |
| Return On Capital Employed | (0.66) | (0.69) | |
| Return On Assets | (0.46) | (0.49) | |
| Return On Equity | (0.51) | (0.54) |
Management Efficiency
NGEx Minerals has return on total asset (ROA) of (0.9569) % which means that it has lost $0.9569 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.5109) %, meaning that it generated substantial loss on money invested by shareholders. NGEx Minerals' management efficiency ratios could be used to measure how well NGEx Minerals manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of December 2024, Return On Tangible Assets is likely to drop to -0.49. In addition to that, Return On Capital Employed is likely to drop to -0.69. At this time, NGEx Minerals' Total Assets are very stable compared to the past year. As of the 19th of December 2024, Total Current Assets is likely to grow to about 80.7 M, while Non Current Assets Total are likely to drop about 3.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.41 | 0.43 | |
| Tangible Book Value Per Share | 0.41 | 0.43 | |
| Enterprise Value Over EBITDA | (27.83) | (29.22) | |
| Price Book Value Ratio | 19.36 | 11.14 | |
| Enterprise Value Multiple | (27.83) | (29.22) | |
| Price Fair Value | 19.36 | 11.14 | |
| Enterprise Value | 421.6 M | 442.6 M |
Leadership effectiveness at NGEx Minerals is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.839 | Return On Assets (0.96) | Return On Equity (1.51) |
Technical Drivers
As of the 19th of December, NGEx Minerals secures the mean deviation of 1.93, and Risk Adjusted Performance of 0.1621. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of NGEx Minerals, as well as the relationship between them.NGEx Minerals Price Movement Analysis
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NGEx Minerals Predictive Daily Indicators
NGEx Minerals 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 NGEx Minerals 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.
NGEx Minerals Forecast Models
NGEx Minerals' time-series forecasting models are one of many NGEx Minerals' 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 NGEx Minerals' 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 NGEx Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how NGEx Minerals 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 NGEx 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 NGEx Minerals. By using and applying NGEx Stock analysis, traders can create a robust methodology for identifying NGEx entry and exit points for their positions.
| Last Reported | Projected for Next Year |
Be your own money manager
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Other Information on Investing in NGEx Stock
NGEx Minerals financial ratios help investors to determine whether NGEx 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 NGEx with respect to the benefits of owning NGEx Minerals security.