Millrock Financial Statements From 2010 to 2024
| MLRKFDelisted Stock | USD 0.43 0.03 7.50% |
Check Millrock Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millrock Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Millrock financial statements analysis is a perfect complement when working with Millrock Resources Valuation or Volatility modules.
Millrock |
Millrock Resources OTC Stock Return On Asset Analysis
Millrock Resources' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Millrock Resources Return On Asset | -0.17 |
Most of Millrock Resources' fundamental indicators, such as Return On Asset, 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, Millrock Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Millrock Resources has a Return On Asset of -0.1747. This is 123.61% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all United States stocks is 24.79% higher than that of the company.
Millrock Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Millrock Resources's current stock value. Our valuation model uses many indicators to compare Millrock Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Millrock Resources competition to find correlations between indicators driving Millrock Resources's intrinsic value. More Info.Millrock Resources is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers . 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 Millrock Resources' earnings, one of the primary drivers of an investment's value.About Millrock Resources Financial Statements
Millrock Resources stakeholders use historical fundamental indicators, such as Millrock Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Millrock Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Millrock Resources' assets and liabilities are reflected in the revenues and expenses on Millrock Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Millrock Resources. Please read more on our technical analysis and fundamental analysis pages.
Millrock Resources Inc. engages in the acquisition and exploration of mineral properties. Millrock Resources Inc. was incorporated in 1979 and is headquartered in Vancouver, Canada. Millrock Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Millrock OTC Stock
If you are still planning to invest in Millrock Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Millrock Resources' history and understand the potential risks before investing.
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