Harvest Gold Financials
| HVGDF Stock | USD 0.01 0.00 0.00% |
Harvest |
Understanding current and past Harvest Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Harvest Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Harvest Gold's assets may result in an increase in income on the income statement.
The data published in Harvest Gold's official financial statements usually reflect Harvest Gold's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Harvest Gold. For example, before you start analyzing numbers published by Harvest accountants, it's critical to develop an understanding of what Harvest Gold's liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Harvest Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Harvest Gold's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Harvest Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Harvest Gold. Please utilize our Beneish M Score to check the likelihood of Harvest Gold's management manipulating its earnings.
Harvest Gold Stock Summary
Harvest Gold competes with Osisko Mining, Almadex Minerals, Galiano Gold, and US Gold. Harvest Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of natural resource properties. Harvest Gold Corporation was incorporated in 2005 and is headquartered in Vancouver, Canada. HARVEST GOLD is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1681 Chestnut Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | NYSE Composite |
| Website | www.harvestgoldcorp.com |
| Phone | 604 682 2928 |
| Currency | USD - US Dollar |
You should never invest in Harvest Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Harvest Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Harvest Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Harvest Gold Key Financial Ratios
Generally speaking, Harvest Gold's financial ratios allow both analysts and investors to convert raw data from Harvest Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Harvest Gold over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Harvest Gold reports annually and quarterly.| Return On Equity | -0.22 | |||
| Return On Asset | -0.17 | |||
| Beta | 0.88 |
Harvest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Harvest Gold's current stock value. Our valuation model uses many indicators to compare Harvest Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Harvest Gold competition to find correlations between indicators driving Harvest Gold's intrinsic value. More Info.Harvest Gold is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Harvest Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harvest Gold's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Harvest Gold's earnings, one of the primary drivers of an investment's value.Harvest Gold Systematic Risk
Harvest Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Harvest Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Harvest Gold correlated with the market. If Beta is less than 0 Harvest Gold generally moves in the opposite direction as compared to the market. If Harvest Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Harvest Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Harvest Gold is generally in the same direction as the market. If Beta > 1 Harvest Gold moves generally in the same direction as, but more than the movement of the benchmark.
About Harvest Gold Financials
What exactly are Harvest Gold Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Harvest Gold's income statement, its balance sheet, and the statement of cash flows. Potential Harvest Gold investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Harvest Gold investors may use each financial statement separately, they are all related. The changes in Harvest Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harvest Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Harvest Gold Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Harvest Gold is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Harvest has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Harvest Gold's financials are consistent with your investment objective using the following steps:- Review Harvest Gold's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Harvest Gold's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Harvest Gold's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Harvest Gold's stock is overvalued or undervalued.
Harvest Gold April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Harvest Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Harvest Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harvest Gold based on widely used predictive technical indicators. In general, we focus on analyzing Harvest Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harvest Gold's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0712 | |||
| Maximum Drawdown | 150.0 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harvest Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Harvest Gold information on this page should be used as a complementary analysis to other Harvest Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Harvest Pink Sheet analysis
When running Harvest Gold's price analysis, check to measure Harvest Gold'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 Harvest Gold is operating at the current time. Most of Harvest Gold's value examination focuses on studying past and present price action to predict the probability of Harvest Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harvest Gold's price. Additionally, you may evaluate how the addition of Harvest Gold to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |