Benjamin Hill Mining Stock Fundamentals
| BNNHF Stock | USD 0.43 0.01 2.38% |
Benjamin Hill Mining fundamentals help investors to digest information that contributes to Benjamin Hill's financial success or failures. It also enables traders to predict the movement of Benjamin OTC Stock. The fundamental analysis module provides a way to measure Benjamin Hill's 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 Benjamin Hill otc stock.
Benjamin |
Benjamin Hill Mining OTC Stock Shares Outstanding Analysis
Benjamin Hill's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Benjamin Hill Shares Outstanding | 58.2 M |
Most of Benjamin Hill's fundamental indicators, such as Shares Outstanding, 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, Benjamin Hill Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Benjamin Hill Mining has 58.2 M of shares currently outstending. This is 90.53% lower than that of the Basic Materials sector and 83.84% lower than that of the Gold industry. The shares outstanding for all United States stocks is 89.82% higher than that of the company.
Benjamin Hill Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Benjamin Hill's current stock value. Our valuation model uses many indicators to compare Benjamin Hill value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Benjamin Hill competition to find correlations between indicators driving Benjamin Hill's intrinsic value. More Info.Benjamin Hill Mining is rated below average in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Benjamin Hill by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Benjamin Hill's OTC 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 Benjamin Hill's earnings, one of the primary drivers of an investment's value.Benjamin Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Benjamin Hill's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Benjamin Hill could also be used in its relative valuation, which is a method of valuing Benjamin Hill by comparing valuation metrics of similar companies.Benjamin Hill is currently under evaluation in shares outstanding category among related companies.
Benjamin Fundamentals
| Return On Equity | -0.42 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 5.11 M | |||
| Shares Outstanding | 58.2 M | |||
| Shares Owned By Insiders | 0.84 % | |||
| Price To Book | 0.86 X | |||
| EBITDA | (2.48 M) | |||
| Net Income | (2.49 M) | |||
| Cash And Equivalents | 379.1 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.09 M | |||
| Debt To Equity | 0.63 % | |||
| Current Ratio | 0.62 X | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (195.3 K) | |||
| Earnings Per Share | (0.04) X | |||
| Beta | 3.2 | |||
| Market Capitalization | 6.27 M | |||
| Total Asset | 3.34 M | |||
| Z Score | 3.0 | |||
| Net Asset | 3.34 M |
About Benjamin Hill Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Benjamin Hill Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Benjamin Hill using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Benjamin Hill Mining based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.Benjamin Hill Mining Corp. engages in the acquisition, exploration, and development of natural resource properties in Mexico. Benjamin Hill Mining Corp. was incorporated in 2014 and is headquartered in Richmond, Canada. Benjamin Hill is traded on OTC Exchange in the United States.
Pair Trading with Benjamin Hill
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 Benjamin Hill 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 Benjamin Hill will appreciate offsetting losses from the drop in the long position's value.Moving against Benjamin OTC Stock
| 0.49 | WPM | Wheaton Precious Metals | PairCorr |
| 0.45 | NEM | Newmont Goldcorp Corp Aggressive Push | PairCorr |
| 0.44 | AFFL | Affiliated Resources Corp | PairCorr |
The ability to find closely correlated positions to Benjamin Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Benjamin Hill 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 Benjamin Hill - 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 Benjamin Hill Mining to buy it.
The correlation of Benjamin Hill 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 Benjamin Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Benjamin Hill Mining 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 Benjamin Hill 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 Benjamin Hill Mining. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Benjamin Hill Mining information on this page should be used as a complementary analysis to other Benjamin Hill's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Benjamin OTC Stock analysis
When running Benjamin Hill's price analysis, check to measure Benjamin Hill'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 Benjamin Hill is operating at the current time. Most of Benjamin Hill's value examination focuses on studying past and present price action to predict the probability of Benjamin Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benjamin Hill's price. Additionally, you may evaluate how the addition of Benjamin Hill to your portfolios can decrease your overall portfolio volatility.
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