Pasofino Gold Financials

VEIN Stock  CAD 0.38  0.03  7.32%   
We recommend to use Pasofino Gold Limited fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Pasofino Gold Limited as well as the relationship between them. We were able to collect and analyze data for twenty-five available financial ratios for Pasofino Gold Limited, which can be compared to its competitors. To ensure the equity is not overpriced, please check all Pasofino Gold Limited financials, including its book value per share, short ratio, and the relationship between the current ratio and cash flow from operations . The stock experiences a very speculative upward sentiment. Check odds of Pasofino Gold to be traded at C$0.361 in 90 days. Key indicators impacting Pasofino Gold's financial strength include:
Short Ratio
0.05
Return On Equity
(3.46)
With this module, you can analyze Pasofino financials for your investing period. You should be able to track the changes in Pasofino Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Pasofino Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Pasofino Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Pasofino Gold's assets may result in an increase in income on the income statement.
Evaluating Pasofino Gold's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Pasofino Gold's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Pasofino Gold's relative financial performance

Chance Of Distress

Over 88

 
100  
 
Zero
Very High
Pasofino Gold Limited has more than 88 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Pasofino Gold stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Pasofino Gold's odds of distress score SHOULD NOT be confused with the real chance of Pasofino Gold Limited filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Pasofino is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Pasofino Gold's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Pasofino Gold's official financial statements usually reflect Pasofino Gold's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Pasofino Gold Limited. For example, before you start analyzing numbers published by Pasofino accountants, it's critical to develop an understanding of what Pasofino Gold's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Pasofino Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Pasofino Gold's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Pasofino Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Pasofino Gold Limited. Please utilize our Beneish M Score to check the likelihood of Pasofino Gold's management manipulating its earnings.

Pasofino Gold Company Summary

Pasofino Gold competes with Wesdome Gold. Enforcer Gold Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. Enforcer Gold Corp. was incorporated in 2010 and is headquartered in Kelowna, Canada. ENFORCER GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.
Specialization
Basic Materials, Materials
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA7026573054
Business Address366 Bay Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkNYSE Composite
Websitewww.pasofinogold.com
Phone416 451 0049
CurrencyCAD - Canadian Dollar
You should never invest in Pasofino Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Pasofino Stock, because this is throwing your money away. Analyzing the key information contained in Pasofino Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Pasofino Gold Key Financial Ratios

Generally speaking, Pasofino Gold's financial ratios allow both analysts and investors to convert raw data from Pasofino Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Pasofino Gold over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Pasofino Gold Limited reports annually and quarterly.

Pasofino Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Pasofino Gold's current stock value. Our valuation model uses many indicators to compare Pasofino Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pasofino Gold competition to find correlations between indicators driving Pasofino Gold's intrinsic value. More Info.
Pasofino Gold Limited is rated second in book value per share category among related companies. It is rated second in shares outstanding category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Pasofino Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Pasofino Gold's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Pasofino Gold's earnings, one of the primary drivers of an investment's value.

Pasofino Gold Limited Systematic Risk

Pasofino Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Pasofino Gold 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Pasofino Gold Limited correlated with the market. If Beta is less than 0 Pasofino Gold generally moves in the opposite direction as compared to the market. If Pasofino Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pasofino Gold Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pasofino Gold is generally in the same direction as the market. If Beta > 1 Pasofino Gold moves generally in the same direction as, but more than the movement of the benchmark.
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About Pasofino Gold Financials

What exactly are Pasofino Gold Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Pasofino Gold's income statement, its balance sheet, and the statement of cash flows. Potential Pasofino Gold investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Pasofino Gold investors may use each financial statement separately, they are all related. The changes in Pasofino Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pasofino Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Pasofino Gold Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Pasofino Gold is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Pasofino has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Pasofino Gold's financials are consistent with your investment objective using the following steps:
  • Review Pasofino Gold's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Pasofino Gold's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Pasofino Gold's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Pasofino Gold's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Pasofino Gold February 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Pasofino Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Pasofino Gold Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pasofino Gold Limited based on widely used predictive technical indicators. In general, we focus on analyzing Pasofino Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pasofino Gold's daily price indicators and compare them against related drivers.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Pasofino Gold Limited. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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