Orestone Free Cash Flow Yield vs Book Value Per Share Analysis

ORS Stock  CAD 0.03  0.00  0.00%   
Orestone Mining financial indicator trend analysis is much more than just breaking down Orestone Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orestone Mining Corp is a good investment. Please check the relationship between Orestone Mining Free Cash Flow Yield and its Book Value Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining 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 board of governors.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orestone Mining Corp Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orestone Mining's Free Cash Flow Yield and Book Value Per Share is -0.08. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Orestone Mining Corp, assuming nothing else is changed. The correlation between historical values of Orestone Mining's Free Cash Flow Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Orestone Mining Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Orestone Mining's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Orestone Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orestone Mining Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining 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 board of governors.
At this time, Orestone Mining's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 3 M in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2021 2022 2023 2024 (projected)
Interest Income37.04.03.63.42
Net Interest Income37.04.03.63.42

Orestone Mining fundamental ratios Correlations

-0.340.140.990.95-0.470.10.180.450.950.690.450.550.240.320.280.140.540.720.40.270.710.30.330.280.06
-0.340.23-0.37-0.290.12-0.240.06-0.12-0.3-0.22-0.21-0.29-0.01-0.22-0.250.23-0.25-0.46-0.38-0.03-0.45-0.11-0.21-0.070.14
0.140.230.040.0-0.250.330.940.260.010.240.340.59-0.250.71-0.281.00.470.30.4-0.180.32-0.22-0.11-0.220.31
0.99-0.370.040.96-0.450.070.090.430.960.680.420.50.250.250.320.040.50.70.360.290.680.320.340.30.04
0.95-0.290.00.96-0.27-0.070.020.251.00.640.170.40.330.120.280.00.270.580.260.370.580.380.260.37-0.06
-0.470.12-0.25-0.45-0.27-0.19-0.27-1.0-0.27-0.15-0.83-0.19-0.12-0.20.07-0.25-0.76-0.64-0.27-0.19-0.6-0.27-0.68-0.18-0.66
0.1-0.240.330.07-0.07-0.190.460.21-0.060.580.420.64-0.790.670.260.330.530.550.81-0.750.59-0.73-0.29-0.740.06
0.180.060.940.090.02-0.270.460.280.030.310.410.71-0.350.83-0.070.940.560.40.53-0.260.42-0.28-0.05-0.290.29
0.45-0.120.260.430.25-1.00.210.280.250.160.830.20.090.2-0.060.260.770.640.280.150.60.240.670.150.68
0.95-0.30.010.961.0-0.27-0.060.030.250.640.170.410.320.130.280.010.270.580.270.360.580.370.250.36-0.06
0.69-0.220.240.680.64-0.150.580.310.160.640.260.79-0.440.520.570.240.450.560.64-0.460.6-0.43-0.09-0.440.07
0.45-0.210.340.420.17-0.830.420.410.830.170.260.47-0.10.530.030.340.960.640.43-0.060.60.00.41-0.050.45
0.55-0.290.590.50.4-0.190.640.710.20.410.790.47-0.480.910.40.590.680.580.66-0.420.59-0.4-0.09-0.420.07
0.24-0.01-0.250.250.33-0.12-0.79-0.350.090.32-0.44-0.1-0.48-0.44-0.35-0.25-0.25-0.11-0.540.91-0.170.920.440.96-0.18
0.32-0.220.710.250.12-0.20.670.830.20.130.520.530.91-0.440.170.710.690.540.6-0.370.53-0.36-0.1-0.370.05
0.28-0.25-0.280.320.280.070.26-0.07-0.060.280.570.030.4-0.350.17-0.280.150.110.23-0.370.09-0.330.1-0.350.07
0.140.231.00.040.0-0.250.330.940.260.010.240.340.59-0.250.71-0.280.470.30.4-0.180.32-0.22-0.11-0.220.31
0.54-0.250.470.50.27-0.760.530.560.770.270.450.960.68-0.250.690.150.470.720.55-0.170.69-0.110.33-0.170.44
0.72-0.460.30.70.58-0.640.550.40.640.580.560.640.58-0.110.540.110.30.720.710.030.990.060.270.010.14
0.4-0.380.40.360.26-0.270.810.530.280.270.640.430.66-0.540.60.230.40.550.71-0.520.77-0.53-0.28-0.51-0.02
0.27-0.03-0.180.290.37-0.19-0.75-0.260.150.36-0.46-0.06-0.420.91-0.37-0.37-0.18-0.170.03-0.52-0.040.980.490.98-0.09
0.71-0.450.320.680.58-0.60.590.420.60.580.60.60.59-0.170.530.090.320.690.990.77-0.04-0.010.19-0.060.13
0.3-0.11-0.220.320.38-0.27-0.73-0.280.240.37-0.430.0-0.40.92-0.36-0.33-0.22-0.110.06-0.530.98-0.010.630.980.0
0.33-0.21-0.110.340.26-0.68-0.29-0.050.670.25-0.090.41-0.090.44-0.10.1-0.110.330.27-0.280.490.190.630.490.64
0.28-0.07-0.220.30.37-0.18-0.74-0.290.150.36-0.44-0.05-0.420.96-0.37-0.35-0.22-0.170.01-0.510.98-0.060.980.49-0.14
0.060.140.310.04-0.06-0.660.060.290.68-0.060.070.450.07-0.180.050.070.310.440.14-0.02-0.090.130.00.64-0.14
Click cells to compare fundamentals

Orestone Mining Account Relationship Matchups

Orestone Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6M2.5M3.8M3.3M3.8M3.0M
Other Current Liab13.0K44.1K84.5K59.5K53.5K48.8K
Total Current Liabilities59.6K245.9K270.9K84.7K76.2K72.4K
Total Stockholder Equity2.6M2.2M3.5M3.3M3.8M2.8M
Property Plant And Equipment Net2.4M2.3M2.9M3.2M3.6M2.5M
Net Debt(159.4K)(69.7K)(753.8K)(151.3K)(174.0K)(182.7K)
Retained Earnings(7.4M)(8.8M)(9.3M)(9.6M)(8.6M)(8.2M)
Accounts Payable46.5K201.8K186.4K25.2K22.7K21.6K
Cash159.4K69.7K753.8K151.3K136.2K163.2K
Non Current Assets Total2.4M2.4M2.9M3.2M3.7M2.6M
Cash And Short Term Investments159.5K69.8K753.8K151.3K136.2K264.4K
Net Receivables38.4K16.6K10.1K2.2K1.9K1.8K
Common Stock Shares Outstanding23.0M35.6M54.3M56.7M65.2M68.4M
Short Term Investments93.033.047.037.020.00.0
Liabilities And Stockholders Equity2.6M2.5M3.8M3.3M3.8M3.0M
Other Stockholder Equity35K2.4M2.9M3.4M3.1M3.3M
Total Liab59.6K245.9K270.9K84.7K76.2K72.4K
Total Current Assets221.4K99.1K829.1K159.7K143.7K136.5K
Accumulated Other Comprehensive Income1.7M2.4M2.9M3.4M3.9M2.1M
Net Tangible Assets1.2M2.6M2.2M3.5M3.1M2.0M
Common Stock6.3M7.6M8.1M9.4M10.8M7.9M
Property Plant Equipment1.5M2.4M2.3M2.9M2.6M1.8M
Net Invested Capital2.6M2.2M3.5M3.3M3.8M2.6M
Net Working Capital161.8K(146.9K)558.2K75.0K86.2K68.5K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Orestone Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Orestone Mining's short interest history, or implied volatility extrapolated from Orestone Mining options trading.

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