Gitennes Exploration Financials

GIT Stock  CAD 0.08  0.02  20.00%   
We strongly advise to harness Gitennes Exploration fundamental analysis to find out if markets are presently mispricing the company. Simply put you can make use of it to find out if Gitennes Exploration is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-six available reported financial drivers for Gitennes Exploration, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Gitennes Exploration to be traded at C$0.076 in 90 days. Key indicators impacting Gitennes Exploration's financial strength include:
Short Ratio
0.05
Return On Equity
(3.07)
  
Understanding current and past Gitennes Exploration Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gitennes Exploration's financial statements are interrelated, with each one affecting the others. For example, an increase in Gitennes Exploration's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Gitennes Exploration's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gitennes Exploration. Check Gitennes Exploration's Beneish M Score to see the likelihood of Gitennes Exploration's management manipulating its earnings.

Gitennes Exploration Stock Summary

Gitennes Exploration competes with First Majestic, Ivanhoe Energy, Faraday Copper, Blackrock Silver, and Bank of Montreal. Gitennes Exploration Inc. explores for mineral deposits in Peru and Canada. Gitennes Exploration Inc. was incorporated in 1992 and is based in Vancouver, Canada. GITENNES EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA37636Q2053
Business Address325 Howe Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitegitennes.com
Phone604 682 7970
CurrencyCAD - Canadian Dollar
You should never invest in Gitennes Exploration without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Gitennes Stock, because this is throwing your money away. Analyzing the key information contained in Gitennes Exploration's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Gitennes Exploration Key Financial Ratios

There are many critical financial ratios that Gitennes Exploration's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Gitennes Exploration reports annually and quarterly.

Gitennes Exploration Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets133.2K1.6M888.7K245.1K271.5K448.8K
Net Tangible Assets(150.4K)(171.5K)871.5K593.0K682.0K716.1K
Retained Earnings(36.0M)(37.2M)(38.9M)(39.5M)(40.0M)(42.0M)
Accounts Payable83.9K45.5K333.1K93.0K106.9K93.1K
Cash3.2K1.5M660.0K86.4K90.7K86.2K
Net Receivables23.3K44.4K192.4K119.5K28.4K44.6K
Total Liab304.7K710.7K295.7K215.8K490.2K271.8K
Total Current Assets98.6K1.5M886.7K233.8K145.3K138.0K
Common Stock33.5M34.0M35.8M37.1M42.7M37.0M
Net Invested Capital(129.0K)871.5K593.0K29.3K(218.7K)(207.8K)
Net Working Capital(163.6K)837.5K591.0K18.0K(335.0K)(318.2K)
Capital Stock34.0M35.8M37.1M37.1M37.4M39.4M

Gitennes Exploration Key Income Statement Accounts

201920202021202220232024 (projected)
Operating Income(643.7K)(1.2M)(1.9M)(778.5K)(593.4K)(623.1K)
Ebit(566.6K)(617.5K)(1.2M)(1.8M)(1.6M)(1.6M)
Income Before Tax(634.5K)(1.2M)(1.9M)(690.3K)(435.9K)(457.7K)
Net Income(614.2K)(1.2M)(1.7M)(583.0K)(435.9K)(457.7K)
Tax Provision(39.9K)0.0(20.3K)(2.7K)(149.0K)(107.3K)
Net Interest Income11.6K(4.5K)(10.9K)(991.0)0.0546.0
Ebitda(622.8K)(1.2M)(1.9M)(776.5K)(698.8K)(733.8K)

Gitennes Exploration Key Cash Accounts

201920202021202220232024 (projected)
Investments(25.5K)(6K)6K0.030K31.5K
Change In Cash(37.9K)1.5M(802.9K)(573.5K)4.3K4.5K
Depreciation974.0779.0624.0498.02.0K0.0
Net Income(614.2K)(1.2M)(1.7M)(583.0K)(435.9K)(457.7K)
Change To Netincome145.9K40.0K438.6K(43.5K)(50.0K)(47.5K)
End Period Cash Flow3.2K1.5M660.0K86.4K90.7K86.2K
Free Cash Flow(540.6K)(301.6K)(2.2M)(573.5K)(72.0K)(75.6K)
Other Non Cash Items80.5K299.7K26K(9.5K)230K120.7K

Gitennes Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gitennes Exploration's current stock value. Our valuation model uses many indicators to compare Gitennes Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gitennes Exploration competition to find correlations between indicators driving Gitennes Exploration's intrinsic value. More Info.
Gitennes Exploration is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Gitennes Exploration's earnings, one of the primary drivers of an investment's value.

Gitennes Exploration Systematic Risk

Gitennes Exploration's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gitennes Exploration 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.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Gitennes Exploration correlated with the market. If Beta is less than 0 Gitennes Exploration generally moves in the opposite direction as compared to the market. If Gitennes Exploration Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gitennes Exploration is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gitennes Exploration is generally in the same direction as the market. If Beta > 1 Gitennes Exploration moves generally in the same direction as, but more than the movement of the benchmark.

Gitennes Exploration Total Assets Over Time

Gitennes Exploration September 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gitennes Exploration help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gitennes Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gitennes Exploration based on widely used predictive technical indicators. In general, we focus on analyzing Gitennes Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gitennes Exploration's daily price indicators and compare them against related drivers.

Additional Tools for Gitennes Stock Analysis

When running Gitennes Exploration's price analysis, check to measure Gitennes Exploration'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 Gitennes Exploration is operating at the current time. Most of Gitennes Exploration's value examination focuses on studying past and present price action to predict the probability of Gitennes Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gitennes Exploration's price. Additionally, you may evaluate how the addition of Gitennes Exploration to your portfolios can decrease your overall portfolio volatility.