Gitennes Expl Shares Outstanding vs. Market Capitalization

GILXF -  USA Stock  

USD 0.0397  0.0138  25.79%

For Gitennes Expl profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gitennes Expl to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gitennes Expl utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gitennes Expl's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gitennes Expl over time as well as its relative position and ranking within its peers. Please check Risk vs Return Analysis.

Gitennes Current Profitability Trends 

 
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The market value of Gitennes Expl is measured differently than its book value, which is the value of Gitennes that is recorded on the company's balance sheet. Investors also form their own opinion of Gitennes Expl's value that differs from its market value or its book value, called intrinsic value, which is Gitennes Expl's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gitennes Expl's market value can be influenced by many factors that don't directly affect Gitennes Expl underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gitennes Expl's value and its price as these two are different measures arrived at by different means. Investors typically determine Gitennes Expl value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gitennes Expl'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.

Gitennes Expl Market Capitalization vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Gitennes Expl's current stock value. Our valuation model uses many indicators to compare Gitennes Expl value to that of its competitors to determine the firm's financial worth.
Gitennes Expl is rated below average in shares outstanding category among related companies. It is rated below average in market capitalization category among related companies creating about  0.05  of Market Capitalization per Shares Outstanding. The ratio of Shares Outstanding to Market Capitalization for Gitennes Expl is roughly  22.10 

Gitennes Market Capitalization vs. Shares Outstanding

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.
Gitennes Expl 
Shares Outstanding 
 = 
Public Shares 
Repurchased 
34.47 M
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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Gitennes Expl 
Market Cap 
 = 
Shares Outstanding 
X  
Share Price 
1.56 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Gitennes Market Capitalization vs Competition

Gitennes Expl is rated below average in market capitalization category among related companies. Market capitalization of Other Precious Metals & Mining industry is currently estimated at about 49.38 Billion. Gitennes Expl adds roughly 1.56 Million in market capitalization claiming only tiny portion of all equities under Other Precious Metals & Mining industry.
Capitalization  Revenue  Total debt  Workforce  Valuation

Gitennes Expl Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Gitennes Expl, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gitennes Expl will eventually generate negative long term returns. The profitability progress is the general direction of Gitennes Expl's change in net profit over the period of time. It can combine multiple indicators of Gitennes Expl, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Gitennes Exploration Inc., a junior mineral exploration company, explores for mineral deposits in Peru and Canada. The company explores for gold, copper, and silver properties. It holds an option to acquire a 100 percent interest in the Snowbird gold exploration property consists of eight mineral claims comprising 3,018 hectares located in British Columbia and a royalty interest in the Urumalqui silver project in Peru. The company also has an option to acquire 85 percent interest in the Rivire- -lAigle and New Mosher properties located in Quebec. In addition, it has an option to acquire 100 percent interest in the JMW property located in northern Quebec, and a ten-claim property located in the Val-dOr region of Quebec and Maxwell property comprises 119 claims covering an area of approximately 6,642 hectares located in northern Quebec. Gitennes Exploration Inc. is based in Vancouver, Canada.

Gitennes Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Gitennes Expl. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gitennes Expl position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gitennes Expl's important profitability drivers and their relationship over time.

Use Gitennes Expl in pair-trading

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 Gitennes Expl 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 Gitennes Expl will appreciate offsetting losses from the drop in the long position's value.

Gitennes Expl Pair Trading

Gitennes Expl Pair Trading Analysis

Correlation analysis and pair trading evaluation for Gitennes Expl and Anglo Plati Ord. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Use Investing Themes to Complement your Gitennes Expl position

In addition to having Gitennes Expl in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Large Blend Thematic Idea Now

Large Blend
Large Blend Theme
Fund or Etfs that invest in stocks of large organizations that have characteristics of both growth and value companies. Large Blend theme has 40 constituents.
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Please check Risk vs Return Analysis. Note that the Gitennes Expl information on this page should be used as a complementary analysis to other Gitennes Expl'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Gitennes OTC Stock analysis

When running Gitennes Expl price analysis, check to measure Gitennes Expl'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 Gitennes Expl is operating at the current time. Most of Gitennes Expl's value examination focuses on studying past and present price action to predict the probability of Gitennes Expl's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gitennes Expl's price. Additionally, you may evaluate how the addition of Gitennes Expl to your portfolios can decrease your overall portfolio volatility.
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To fully project Gitennes Expl's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gitennes Expl at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Gitennes Expl's income statement, its balance sheet, and the statement of cash flows.
Potential Gitennes Expl investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Gitennes Expl investors may work on each financial statement separately, they are all related. The changes in Gitennes Expl's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gitennes Expl'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.