Macdonald Mines Exploration Stock Filter Stocks by Fundamentals
| BMK Stock | CAD 0.04 0.00 0.00% |
MacDonald Mines Exploration fundamentals help investors to digest information that contributes to MacDonald Mines' financial success or failures. It also enables traders to predict the movement of MacDonald Stock. The fundamental analysis module provides a way to measure MacDonald Mines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MacDonald Mines stock.
MacDonald | Number of Shares Shorted |
MacDonald Mines Current Valuation Drivers
We derive many important indicators used in calculating different scores of MacDonald Mines from analyzing MacDonald Mines' financial statements. These drivers represent accounts that assess MacDonald Mines' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MacDonald Mines' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.7M | 16.5M | 6.6M | 1.7M | 2.1M | 2.0M | |
| Enterprise Value | 10.8M | 14.7M | 5.5M | 1.3M | 2.0M | 3.8M |
MacDonald Fundamentals
| Return On Equity | -16.79 | ||||
| Return On Asset | -1.74 | ||||
| Current Valuation | 1.27 M | ||||
| Shares Outstanding | 37.88 M | ||||
| Shares Owned By Insiders | 5.44 % | ||||
| Shares Owned By Institutions | 0.78 % | ||||
| Number Of Shares Shorted | 11.48 K | ||||
| Price To Earning | (1.83) X | ||||
| Price To Book | 6.33 X | ||||
| Price To Sales | 119.72 X | ||||
| EBITDA | (954.55 K) | ||||
| Net Income | (959.59 K) | ||||
| Cash And Equivalents | 482.93 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 200 K | ||||
| Current Ratio | 0.25 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (698.7 K) | ||||
| Short Ratio | 0.21 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | 0.4 | ||||
| Market Capitalization | 1.33 M | ||||
| Total Asset | 585.61 K | ||||
| Retained Earnings | (75.31 M) | ||||
| Working Capital | (266.17 K) | ||||
| Net Asset | 585.61 K |
About MacDonald Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MacDonald Mines Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MacDonald Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MacDonald Mines Exploration based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with MacDonald Mines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MacDonald Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MacDonald Mines will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MacDonald Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MacDonald Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MacDonald Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MacDonald Mines Exploration to buy it.
The correlation of MacDonald Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MacDonald Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MacDonald Mines Expl moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MacDonald Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MacDonald Mines Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for MacDonald Stock analysis
When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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