Ridgestone Mining Valuation

RIGMF Stock  USD 0.08  0.03  50.57%   
Ridgestone Mining seems to be overvalued based on Macroaxis valuation methodology. Our model determines the value of Ridgestone Mining from analyzing the company fundamentals such as Price To Book of 0.48 X, shares outstanding of 5.3 M, and Return On Equity of -0.29 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
0.08
Please note that Ridgestone Mining's price fluctuation is out of control at this time. Calculation of the real value of Ridgestone Mining is based on 3 months time horizon. Increasing Ridgestone Mining's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Ridgestone pink sheet is determined by what a typical buyer is willing to pay for full or partial control of Ridgestone Mining. Since Ridgestone Mining is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Ridgestone Pink Sheet. However, Ridgestone Mining's 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  0.0786 Real  0.0575 Hype  0.08 Naive  0.0863
The real value of Ridgestone Pink Sheet, also known as its intrinsic value, is the underlying worth of Ridgestone Mining Company, which is reflected in its stock price. It is based on Ridgestone Mining's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Ridgestone Mining's 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, or news.
0.06
Real Value
12.83
Upside
Estimating the potential upside or downside of Ridgestone Mining helps investors to forecast how Ridgestone pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Ridgestone Mining more accurately as focusing exclusively on Ridgestone Mining's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.070.09
Details
Hype
Prediction
LowEstimatedHigh
0.000.0812.85
Details
Naive
Forecast
LowNext ValueHigh
00.0912.86
Details

Ridgestone Mining Total Value Analysis

Ridgestone Mining is at this time expected to have takeover price of 762.71 K with market capitalization of 703.99 K, debt of 160 K, and cash on hands of 223.22 K. 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 Ridgestone Mining fundamentals before making investing decisions based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
762.71 K
703.99 K
160 K
223.22 K

Ridgestone Mining Asset Utilization

One of the ways to look at asset utilization of Ridgestone is to check how much profit was generated for every dollar of assets it reports. Ridgestone Mining holds a negative application of assets of -0.14 pct., losing $0.001405 for each dollar of assets held by the company. Inadequate asset utilization implies the company is being less effective with each dollar of assets it holds. Put it differently, asset utilization of Ridgestone Mining shows how discouraging it operates for each dollar spent on its assets.

Ridgestone Mining Ownership Allocation

Ridgestone Mining holds 4.48 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities.

Ridgestone Mining Profitability Analysis

Net Loss for the year was (1.8 M) with profit before overhead, payroll, taxes, and interest of 0.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Ridgestone Mining's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Ridgestone Mining and how it compares across the competition.

About Ridgestone Mining Valuation

The pink sheet valuation mechanism determines Ridgestone Mining's current worth on a weekly basis. Our valuation model uses a comparative analysis of Ridgestone Mining. We calculate exposure to Ridgestone Mining's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Ridgestone Mining's related companies.
Ridgestone Mining Inc. acquires, explores for, and develops mineral properties in Mexico. The company was incorporated in 2017 and is based in North Vancouver, Canada. Ridgestone Mining is traded on OTC Exchange in the United States.

8 Steps to conduct Ridgestone Mining's Valuation Analysis

Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Ridgestone Mining's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Ridgestone Mining's valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain Ridgestone Mining's financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine Ridgestone Mining's revenue streams: Identify Ridgestone Mining's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research Ridgestone Mining's industry and market trends, including the size of the market, growth rate, and competition.
  • Establish Ridgestone Mining's growth potential: Evaluate Ridgestone Mining's management, business model, and growth potential.
  • Determine Ridgestone Mining's financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Ridgestone Mining's estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the company being valued. We also recomment to seek professional assistance to ensure accuracy.

Ridgestone Mining Growth Indicators

Investing in growth stocks can be very risky. If the company such as Ridgestone Mining does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding98.6 M
Retained Earnings-7.7 M

Complementary Tools for Ridgestone Pink Sheet analysis

When running Ridgestone Mining's price analysis, check to measure Ridgestone 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 Ridgestone Mining is operating at the current time. Most of Ridgestone Mining's value examination focuses on studying past and present price action to predict the probability of Ridgestone 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 Ridgestone Mining's price. Additionally, you may evaluate how the addition of Ridgestone Mining to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
CEOs Directory
Screen CEOs from public companies around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk