Mitre Mining Stock Book Value Per Share

MMC Stock   0.50  0.02  4.17%   
Mitre Mining fundamentals help investors to digest information that contributes to Mitre Mining's financial success or failures. It also enables traders to predict the movement of Mitre Stock. The fundamental analysis module provides a way to measure Mitre Mining'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 Mitre Mining stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Mitre Mining Company Book Value Per Share Analysis

Mitre Mining's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Mitre Mining Book Value Per Share

    
  0.07 X  
Most of Mitre Mining's fundamental indicators, such as Book Value 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, Mitre Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Mitre Common Stock Shares Outstanding

Common Stock Shares Outstanding

36.9 Million

At this time, Mitre Mining's Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Mitre Mining is about 0.067 times. This is 99.99% lower than that of the Metals & Mining sector and 98.94% lower than that of the Materials industry. The book value per share for all Australia stocks is 100.0% higher than that of the company.

Mitre Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mitre Mining's direct or indirect competition against its Book Value 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 Mitre Mining could also be used in its relative valuation, which is a method of valuing Mitre Mining by comparing valuation metrics of similar companies.
Mitre Mining is currently under evaluation in book value per share category among related companies.

Mitre Fundamentals

About Mitre Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mitre Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mitre Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mitre Mining 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 Mitre Mining 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, Mitre Mining's short interest history, or implied volatility extrapolated from Mitre Mining options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitre Mining. 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.
Note that the Mitre Mining information on this page should be used as a complementary analysis to other Mitre Mining'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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Mitre Stock analysis

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