NevGold Financial Statements From 2010 to 2024
| NAUFF Stock | USD 0.16 0.01 5.88% |
Check NevGold Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NevGold Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . NevGold financial statements analysis is a perfect complement when working with NevGold Corp Valuation or Volatility modules.
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NevGold Corp OTC Stock Return On Equity Analysis
NevGold Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NevGold Corp Return On Equity | -0.0102 |
Most of NevGold Corp's fundamental indicators, such as Return On Equity, 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, NevGold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, NevGold Corp has a Return On Equity of -0.0102. This is 101.12% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on equity for all United States stocks is 96.71% lower than that of the firm.
NevGold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NevGold Corp's current stock value. Our valuation model uses many indicators to compare NevGold Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NevGold Corp competition to find correlations between indicators driving NevGold Corp's intrinsic value. More Info.NevGold Corp is regarded fourth in return on equity category among its peers. It is considered to be number one stock 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 NevGold Corp's earnings, one of the primary drivers of an investment's value.About NevGold Corp Financial Statements
NevGold Corp stakeholders use historical fundamental indicators, such as NevGold Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although NevGold Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in NevGold Corp's assets and liabilities are reflected in the revenues and expenses on NevGold Corp's 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 NevGold Corp. Please read more on our technical analysis and fundamental analysis pages.
NevGold Corp. engages in the exploration and development of mineral properties. It owns interests in the Limousine Butte and Cedar Wash projects in Nevada, the United States and the Ptarmigan silver polymetallic project in British Columbia, Canada. Nevgold Corp is traded on OTC Exchange in the United States.
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Other Information on Investing in NevGold OTC Stock
NevGold Corp financial ratios help investors to determine whether NevGold OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NevGold with respect to the benefits of owning NevGold Corp security.