Orestone Mining Corp Stock Analysis

Orestone Stock Analysis Notes

The company has price-to-book ratio of 0.4. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Orestone Mining Corp last dividend was issued on the 29th of August 2017. The entity had 1:5 split on the 29th of August 2017. Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. The company was incorporated in 2007 and is based in Vancouver, Canada. ORESTONE MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Orestone Mining Corp contact David Hottman at 604-629-1929 or learn more at https://orestone.ca.

Orestone Mining Corp Investment Alerts

Orestone Mining Thematic Classifications

Orestone Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Orestone Mining's market, we take the total number of its shares issued and multiply it by Orestone Mining'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.

Orestone Profitablity

Management Efficiency

Orestone Mining Corp has return on total asset (ROA) of (0.0178) % which means that it has lost $0.0178 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0342) %, meaning that it generated substantial loss on money invested by shareholders. Orestone Mining's management efficiency ratios could be used to measure how well Orestone Mining manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Orestone Mining's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.03 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0.04). At this time, Orestone Mining's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to climb to about 33.4 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 2.6 M in 2024.

Technical Drivers

As of the 22nd of December, Orestone Mining holds the Variance of 152.76, risk adjusted performance of 0.0175, and Coefficient Of Variation of 9788.86. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orestone Mining, as well as the relationship between them. Please check Orestone Mining Corp coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Orestone Mining Corp is priced some-what accurately, providing market reflects its current price of 0.02 per share.

Orestone Mining Corp Price Movement Analysis

Orestone Mining Outstanding Bonds

Orestone Mining Predictive Daily Indicators

Orestone Mining Forecast Models

Orestone Mining's time-series forecasting models are one of many Orestone Mining'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 Orestone Mining'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Orestone Mining 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 Orestone 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 Orestone Mining. By using and applying Orestone Stock analysis, traders can create a robust methodology for identifying Orestone entry and exit points for their positions.

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