Emerita Resources Corp Stock Earnings Per Share
| EMO Stock | CAD 0.48 0.09 23.08% |
Emerita Resources Corp fundamentals help investors to digest information that contributes to Emerita Resources' financial success or failures. It also enables traders to predict the movement of Emerita Stock. The fundamental analysis module provides a way to measure Emerita Resources' 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 Emerita Resources stock.
Emerita | Earnings Per Share |
Emerita Resources Corp Company Earnings Per Share Analysis
Emerita Resources' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Emerita Resources Earnings Per Share | (0.09) X |
Most of Emerita Resources' fundamental indicators, such as Earnings Per Share, 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, Emerita Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Emerita Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Emerita Resources is extremely important. It helps to project a fair market value of Emerita Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Emerita Resources' 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 Emerita Resources' 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 Emerita Resources' interrelated accounts and indicators.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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Emerita Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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According to the company disclosure, Emerita Resources Corp has an Earnings Per Share of -0.09 times. This is 85.94% lower than that of the Metals & Mining sector and 128.12% lower than that of the Materials industry. The earnings per share for all Canada stocks is 102.88% higher than that of the company.
Emerita Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Emerita Resources' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Emerita Resources could also be used in its relative valuation, which is a method of valuing Emerita Resources by comparing valuation metrics of similar companies.Emerita Resources is currently under evaluation in earnings per share category among related companies.
Emerita Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Emerita Resources from analyzing Emerita Resources' financial statements. These drivers represent accounts that assess Emerita Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Emerita Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.4M | 201.7M | 152.9M | 74.2M | 331.2K | 314.6K | |
| Enterprise Value | 16.0M | 174.9M | 132.8M | 64.4M | 66.1K | 62.8K |
Emerita Fundamentals
| Return On Equity | -1.59 | |||
| Return On Asset | -0.96 | |||
| Current Valuation | 85.29 M | |||
| Shares Outstanding | 234.82 M | |||
| Shares Owned By Insiders | 5.14 % | |||
| Shares Owned By Institutions | 1.17 % | |||
| Number Of Shares Shorted | 104.25 K | |||
| Price To Book | 10.52 X | |||
| Gross Profit | (9.6 M) | |||
| EBITDA | (21.9 M) | |||
| Net Income | (21.49 M) | |||
| Cash And Equivalents | 36.79 K | |||
| Total Debt | 476.23 K | |||
| Current Ratio | 0.14 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (21.07 M) | |||
| Short Ratio | 0.49 X | |||
| Earnings Per Share | (0.09) X | |||
| Target Price | 3.5 | |||
| Beta | 4.79 | |||
| Market Capitalization | 90.41 M | |||
| Total Asset | 13.27 M | |||
| Retained Earnings | (76.01 M) | |||
| Working Capital | 11 M | |||
| Net Asset | 13.27 M |
About Emerita Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emerita Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emerita Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emerita Resources Corp 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 Emerita Resources 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, Emerita Resources' short interest history, or implied volatility extrapolated from Emerita Resources options trading.
Pair Trading with Emerita Resources
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 Emerita Resources 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 Emerita Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Emerita Stock
| 0.44 | NA-PE | National Bank | PairCorr |
| 0.43 | FRX | Fennec Pharmaceuticals | PairCorr |
The ability to find closely correlated positions to Emerita Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emerita Resources 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 Emerita Resources - 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 Emerita Resources Corp to buy it.
The correlation of Emerita Resources 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 Emerita Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emerita Resources Corp 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 Emerita Resources 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emerita Resources 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. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Emerita Stock analysis
When running Emerita Resources' price analysis, check to measure Emerita Resources' 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 Emerita Resources is operating at the current time. Most of Emerita Resources' value examination focuses on studying past and present price action to predict the probability of Emerita Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerita Resources' price. Additionally, you may evaluate how the addition of Emerita Resources to your portfolios can decrease your overall portfolio volatility.
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