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This list of potential positions covers USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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NovaGold Resources (NG)
The company has Return on Asset (ROA) of (0.1008) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Equity is estimated to increase to 6.84, while Return On Tangible Assets are forecasted to increase to (0.38). At this time, NovaGold Resources' Net Current Asset Value is most likely to increase significantly in the upcoming years. The NovaGold Resources' current Tangible Asset Value is estimated to increase to about 452.9 M, while Non Current Assets Total are projected to decrease to roughly 6.6 M. The firm currently falls under 'Mid-Cap' category with a market capitalization of 1.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NovaGold Resources's market, we take the total number of its shares issued and multiply it by NovaGold Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. NovaGold Resources secures a last-minute Real Value of $4.6 per share. The latest price of the firm is $3.07. Our model forecasts the value of NovaGold Resources from analyzing the firm fundamentals such as Return On Equity of -17.91, current valuation of 1.07 B, and Shares Owned By Insiders of 26.40 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Eldorado Gold Corp (EGO)
The company has Return on Asset of 0.0227 % which means that on every $100 spent on assets, it made $0.0227 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0315 %, implying that it generated $0.0315 on every 100 dollars invested. Eldorado Gold's management efficiency ratios could be used to measure how well Eldorado Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Eldorado Gold's Fixed Asset Turnover is very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0.02, while Total Assets are likely to drop about 3 B. The entity currently falls under 'Mid-Cap' category with a total capitalization of 3.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eldorado Gold's market, we take the total number of its shares issued and multiply it by Eldorado Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, Pan American's Asset Turnover is comparatively stable compared to the past year. Pan American's management efficiency ratios could be used to measure how well Pan American manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 6.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pan American's market, we take the total number of its shares issued and multiply it by Pan American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Pan American Silver holds a recent Real Value of $22.36 per share. The prevailing price of the company is $19.06. Our model determines the value of Pan American Silver from analyzing the company fundamentals such as Operating Margin of (0.01) %, return on equity of -0.0301, and Shares Outstanding of 364.66 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors support acquiring undervalued entities and selling overvalued entities since, at some point, asset prices and their ongoing real values will merge together.
Agnico Eagle Mines (AEM)
The company has Return on Asset of 0.0342 % which means that on every $100 spent on assets, it made $0.0342 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1089 %, implying that it generated $0.1089 on every 100 dollars invested. Agnico Eagle's management efficiency ratios could be used to measure how well Agnico Eagle manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Agnico Eagle's Return On Tangible Assets are very stable compared to the past year. As of the 18th of April 2024, Intangibles To Total Assets is likely to grow to 0.15, while Net Tangible Assets are likely to drop about 4.6 B. The firm currently falls under 'Large-Cap' category with a total capitalization of 30.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Agnico Eagle's market, we take the total number of its shares issued and multiply it by Agnico Eagle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Net Debt
1.74 Billion
At this time, Agnico Eagle's Net Debt is very stable compared to the past year.
Golden Star Resources (GSS)
The entity beta is close to zero. As returns on the market increase, Golden Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Golden Star is expected to be smaller as well. The beta indicator helps investors understand whether Golden Star moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Golden deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 451.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Star's market, we take the total number of its shares issued and multiply it by Golden Star's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Osisko Gold Ro (OR)
The company has Return on Asset (ROA) of 0.0294 % which means that for every $100 of assets, it generated a profit of $0.0294. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0285) %, which implies that it produced no returns to current stockholders. Osisko Gold's management efficiency ratios could be used to measure how well Osisko Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Capital Employed is likely to grow to 0.05, though Return On Tangible Assets are likely to grow to (0.02). At this time, Osisko Gold's Net Tangible Assets are relatively stable compared to the past year. As of 04/18/2024, Total Current Assets is likely to grow to about 151.1 M, while Other Assets are likely to drop slightly above 2 M. The entity currently falls under 'Mid-Cap' category with a market capitalization of 2.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Osisko Gold's market, we take the total number of its shares issued and multiply it by Osisko Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Long Term Debt
182.85 Million
At this time, Osisko Gold's Long Term Debt is relatively stable compared to the past year.
Newmont Goldcorp Corp (NEM)
As of the 18th of April 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Newmont Goldcorp's Total Assets are very stable compared to the past year. As of the 18th of April 2024, Non Current Assets Total is likely to grow to about 50.4 B, while Other Current Assets are likely to drop about 323 M. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Large-Cap' category with a total capitalization of 43.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont Goldcorp's market, we take the total number of its shares issued and multiply it by Newmont Goldcorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. Newmont Goldcorp Corp secures a last-minute Real Value of $46.39 per share. The latest price of the firm is $38.55. Our model forecasts the value of Newmont Goldcorp Corp from analyzing the firm fundamentals such as Current Valuation of 51 B, profit margin of (0.21) %, and Return On Equity of -0.1 as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend obtaining undervalued stocks and abandoning overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Alio Gold (ALO)
This firm beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alio Gold will likely underperform. The beta indicator helps investors understand whether Alio Gold moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Alio deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The company currently falls under 'Small-Cap' category with a total capitalization of 107.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alio Gold's market, we take the total number of its shares issued and multiply it by Alio Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
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NovaGold Resources (NG)
The company has Return on Asset (ROA) of (0.1008) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Equity is estimated to increase to 6.84, while Return On Tangible Assets are forecasted to increase to (0.38). At this time, NovaGold Resources' Net Current Asset Value is most likely to increase significantly in the upcoming years. The NovaGold Resources' current Tangible Asset Value is estimated to increase to about 452.9 M, while Non Current Assets Total are projected to decrease to roughly 6.6 M. The firm currently falls under 'Mid-Cap' category with a market capitalization of 1.05 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NovaGold Resources's market, we take the total number of its shares issued and multiply it by NovaGold Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. NovaGold Resources secures a last-minute Real Value of $4.6 per share. The latest price of the firm is $3.07. Our model forecasts the value of NovaGold Resources from analyzing the firm fundamentals such as Return On Equity of -17.91, current valuation of 1.07 B, and Shares Owned By Insiders of 26.40 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend locking in undervalued stocks and disposing overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Eldorado Gold Corp (EGO)
The company has Return on Asset of 0.0227 % which means that on every $100 spent on assets, it made $0.0227 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0315 %, implying that it generated $0.0315 on every 100 dollars invested. Eldorado Gold's management efficiency ratios could be used to measure how well Eldorado Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.02. Also, Return On Capital Employed is likely to grow to 0.04. At this time, Eldorado Gold's Fixed Asset Turnover is very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0.02, while Total Assets are likely to drop about 3 B. The entity currently falls under 'Mid-Cap' category with a total capitalization of 3.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eldorado Gold's market, we take the total number of its shares issued and multiply it by Eldorado Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to 0.01 in 2024. At this time, Pan American's Asset Turnover is comparatively stable compared to the past year. Pan American's management efficiency ratios could be used to measure how well Pan American manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Mid-Cap' category with a current market capitalization of 6.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pan American's market, we take the total number of its shares issued and multiply it by Pan American's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the company appears to be undervalued. Pan American Silver holds a recent Real Value of $22.36 per share. The prevailing price of the company is $19.06. Our model determines the value of Pan American Silver from analyzing the company fundamentals such as Operating Margin of (0.01) %, return on equity of -0.0301, and Shares Outstanding of 364.66 M as well as examining its technical indicators and probability of bankruptcy. In general, most investors support acquiring undervalued entities and selling overvalued entities since, at some point, asset prices and their ongoing real values will merge together.
Agnico Eagle Mines (AEM)
The company has Return on Asset of 0.0342 % which means that on every $100 spent on assets, it made $0.0342 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1089 %, implying that it generated $0.1089 on every 100 dollars invested. Agnico Eagle's management efficiency ratios could be used to measure how well Agnico Eagle manages its routine affairs as well as how well it operates its assets and liabilities. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.08. Also, Return On Capital Employed is likely to grow to 0.1. At this time, Agnico Eagle's Return On Tangible Assets are very stable compared to the past year. As of the 18th of April 2024, Intangibles To Total Assets is likely to grow to 0.15, while Net Tangible Assets are likely to drop about 4.6 B. The firm currently falls under 'Large-Cap' category with a total capitalization of 30.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Agnico Eagle's market, we take the total number of its shares issued and multiply it by Agnico Eagle's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Net Debt
1.74 Billion
At this time, Agnico Eagle's Net Debt is very stable compared to the past year.
Golden Star Resources (GSS)
The entity beta is close to zero. As returns on the market increase, Golden Star's returns are expected to increase less than the market. However, during the bear market, the loss of holding Golden Star is expected to be smaller as well. The beta indicator helps investors understand whether Golden Star moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Golden deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 451.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Star's market, we take the total number of its shares issued and multiply it by Golden Star's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Osisko Gold Ro (OR)
The company has Return on Asset (ROA) of 0.0294 % which means that for every $100 of assets, it generated a profit of $0.0294. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0285) %, which implies that it produced no returns to current stockholders. Osisko Gold's management efficiency ratios could be used to measure how well Osisko Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Capital Employed is likely to grow to 0.05, though Return On Tangible Assets are likely to grow to (0.02). At this time, Osisko Gold's Net Tangible Assets are relatively stable compared to the past year. As of 04/18/2024, Total Current Assets is likely to grow to about 151.1 M, while Other Assets are likely to drop slightly above 2 M. The entity currently falls under 'Mid-Cap' category with a market capitalization of 2.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Osisko Gold's market, we take the total number of its shares issued and multiply it by Osisko Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Long Term Debt
182.85 Million
At this time, Osisko Gold's Long Term Debt is relatively stable compared to the past year.
Newmont Goldcorp Corp (NEM)
As of the 18th of April 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Newmont Goldcorp's Total Assets are very stable compared to the past year. As of the 18th of April 2024, Non Current Assets Total is likely to grow to about 50.4 B, while Other Current Assets are likely to drop about 323 M. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Large-Cap' category with a total capitalization of 43.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newmont Goldcorp's market, we take the total number of its shares issued and multiply it by Newmont Goldcorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be undervalued. Newmont Goldcorp Corp secures a last-minute Real Value of $46.39 per share. The latest price of the firm is $38.55. Our model forecasts the value of Newmont Goldcorp Corp from analyzing the firm fundamentals such as Current Valuation of 51 B, profit margin of (0.21) %, and Return On Equity of -0.1 as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend obtaining undervalued stocks and abandoning overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Alio Gold (ALO)
This firm beta is close to zero. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alio Gold will likely underperform. The beta indicator helps investors understand whether Alio Gold moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Alio deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The company currently falls under 'Small-Cap' category with a total capitalization of 107.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alio Gold's market, we take the total number of its shares issued and multiply it by Alio Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
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