Altamira Gold Corp Stock Book Value Per Share

EQTRF Stock  USD 0.09  0  2.68%   
Altamira Gold Corp fundamentals help investors to digest information that contributes to Altamira Gold's financial success or failures. It also enables traders to predict the movement of Altamira Pink Sheet. The fundamental analysis module provides a way to measure Altamira Gold's 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 Altamira Gold pink sheet.
  
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Altamira Gold Corp Company Book Value Per Share Analysis

Altamira Gold's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Altamira Gold Book Value Per Share

    
  0.12 X  
Most of Altamira Gold's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altamira Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Altamira Gold Corp is about 0.117 times. This is 99.98% lower than that of the Basic Materials sector and 98.15% lower than that of the Gold industry. The book value per share for all United States stocks is 99.99% higher than that of the company.

Altamira Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altamira Gold's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Altamira Gold could also be used in its relative valuation, which is a method of valuing Altamira Gold by comparing valuation metrics of similar companies.
Altamira Gold is currently under evaluation in book value per share category among related companies.

Altamira Fundamentals

About Altamira Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altamira Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altamira Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altamira Gold Corp 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.

Currently Active Assets on Macroaxis

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Altamira Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Altamira Pink Sheet analysis

When running Altamira Gold's price analysis, check to measure Altamira 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 Altamira Gold is operating at the current time. Most of Altamira Gold's value examination focuses on studying past and present price action to predict the probability of Altamira 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 Altamira Gold's price. Additionally, you may evaluate how the addition of Altamira Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Altamira Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altamira Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altamira Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.