Canagold Resources Valuation
| CCM Stock | CAD 0.38 0.01 2.70% |
Canagold Resources seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Canagold Resources from analyzing the firm fundamentals such as Shares Owned By Insiders of 9.21 %, current valuation of 67.32 M, and Return On Equity of -0.0797 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Canagold Resources' valuation include:
Overvalued
Today
Please note that Canagold Resources' price fluctuation is out of control at this time. Calculation of the real value of Canagold Resources is based on 3 months time horizon. Increasing Canagold Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Canagold Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Canagold Stock. However, Canagold Resources' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.38 | Real 0.35 | Hype 0.38 | Naive 0.38 |
The intrinsic value of Canagold Resources' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Canagold Resources' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Canagold Resources helps investors to forecast how Canagold stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Canagold Resources more accurately as focusing exclusively on Canagold Resources' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Canagold Resources' intrinsic value based on its ongoing forecasts of Canagold Resources' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Canagold Resources' closest peers.
Canagold Resources Cash |
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Canagold Valuation Trend
Knowing Canagold Resources' actual value is paramount for traders when making sound investment determinations. Using both Canagold Resources' enterprise value as well as its market capitalization is the best way to estimate the value of the company and is usually enough for investors to make market timing decisions.
Canagold Resources Total Value Analysis
Canagold Resources is currently expected to have takeover price of 67.32 M with market capitalization of 69.8 M, debt of 215 K, and cash on hands of 2.66 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Canagold Resources fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
67.32 M | 69.8 M | 215 K | 2.66 M |
Canagold Resources Asset Utilization
One of the ways to look at asset utilization of Canagold is to check how much profit was generated for every dollar of assets it reports. Canagold Resources shows a negative utilization of assets of -0.0586 percent, losing C$5.86E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Canagold Resources shows how discouraging it operates for each dollar spent on its assets.Canagold Resources Ownership Allocation
Canagold Resources holds a total of 183.7 Million outstanding shares. 30% of Canagold Resources outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Canagold Resources Profitability Analysis
Net Loss for the year was (3.05 M) with profit before overhead, payroll, taxes, and interest of 0.About Canagold Resources Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Canagold Resources. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Canagold Resources based exclusively on its fundamental and basic technical indicators. By analyzing Canagold Resources's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Canagold Resources's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Canagold Resources. We calculate exposure to Canagold Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Canagold Resources's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -80.1 K | -76.1 K | |
| Pretax Profit Margin | (161.57) | (169.65) | |
| Operating Profit Margin | (134.39) | (141.10) | |
| Net Loss | (6.21) | (6.52) |
Other Information on Investing in Canagold Stock
Canagold Resources financial ratios help investors to determine whether Canagold 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 Canagold with respect to the benefits of owning Canagold Resources security.