Gold79 Mines Stock Net Income
| AUU Stock | CAD 0.24 0.05 17.24% |
Gold79 Mines fundamentals help investors to digest information that contributes to Gold79 Mines' financial success or failures. It also enables traders to predict the movement of Gold79 Stock. The fundamental analysis module provides a way to measure Gold79 Mines' 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 Gold79 Mines stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -482.2 K | -506.3 K | |
| Net Loss | -482.2 K | -506.3 K | |
| Net Loss | -831.1 K | -789.6 K | |
| Net Loss | (0) | (0) | |
| Net Income Per E B T | 1.09 | 1.18 |
Gold79 | Net Income |
Gold79 Mines Company Net Income Analysis
Gold79 Mines' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Gold79 Mines Net Income | (482.21 K) |
Most of Gold79 Mines' fundamental indicators, such as Net Income, 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, Gold79 Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gold79 Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Gold79 Mines is extremely important. It helps to project a fair market value of Gold79 Stock properly, considering its historical fundamentals such as Net Income. Since Gold79 Mines' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gold79 Mines' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gold79 Mines' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Gold79 Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Gold79 Mines reported net income of (482,208). This is 95.99% lower than that of the Metals & Mining sector and 100.04% lower than that of the Materials industry. The net income for all Canada stocks is 100.08% higher than that of the company.
Gold79 Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gold79 Mines' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gold79 Mines could also be used in its relative valuation, which is a method of valuing Gold79 Mines by comparing valuation metrics of similar companies.Gold79 Mines is currently under evaluation in net income category among related companies.
Gold79 Mines Current Valuation Drivers
We derive many important indicators used in calculating different scores of Gold79 Mines from analyzing Gold79 Mines' financial statements. These drivers represent accounts that assess Gold79 Mines' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gold79 Mines' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.2M | 31.6M | 54.0M | 27.4M | 24.7M | 30.2M | |
| Enterprise Value | 1.1M | 31.4M | 53.0M | 27.0M | 24.3M | 29.9M |
Gold79 Fundamentals
| Return On Equity | -0.1 | |||
| Return On Asset | -0.0572 | |||
| Current Valuation | 5.49 M | |||
| Shares Outstanding | 19.13 M | |||
| Shares Owned By Insiders | 14.09 % | |||
| Shares Owned By Institutions | 4.44 % | |||
| Number Of Shares Shorted | 447 | |||
| Price To Earning | (35.00) X | |||
| Price To Book | 0.70 X | |||
| Gross Profit | (960) | |||
| EBITDA | (656.52 K) | |||
| Net Income | (482.21 K) | |||
| Cash And Equivalents | 150.42 K | |||
| Current Ratio | 0.45 X | |||
| Book Value Per Share | 0.26 X | |||
| Cash Flow From Operations | (686.92 K) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | (0.04) X | |||
| Beta | 2.44 | |||
| Market Capitalization | 4.59 M | |||
| Total Asset | 5 M | |||
| Retained Earnings | (20.52 M) | |||
| Working Capital | 430.71 K | |||
| Net Asset | 5 M |
About Gold79 Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gold79 Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gold79 Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gold79 Mines 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.
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 Gold79 Mines 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, Gold79 Mines' short interest history, or implied volatility extrapolated from Gold79 Mines options trading.
Pair Trading with Gold79 Mines
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold79 Mines position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold79 Mines will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gold79 Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold79 Mines when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold79 Mines - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold79 Mines to buy it.
The correlation of Gold79 Mines is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold79 Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold79 Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold79 Mines can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Gold79 Mines. 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. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Gold79 Stock analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.
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