GoldON Financial Statements From 2010 to 2026
| NCMBFDelisted Stock | USD 0.04 0.01 16.15% |
Check GoldON Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoldON Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . GoldON financial statements analysis is a perfect complement when working with GoldON Resources Valuation or Volatility modules.
GoldON |
GoldON Resources Company Return On Equity Analysis
GoldON Resources' 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 GoldON Resources Return On Equity | -0.23 |
Most of GoldON Resources' 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, GoldON Resources 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.
CompetitionBased on the latest financial disclosure, GoldON Resources has a Return On Equity of -0.231. This is 125.38% 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 25.48% lower than that of the firm.
GoldON Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GoldON Resources's current stock value. Our valuation model uses many indicators to compare GoldON Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoldON Resources competition to find correlations between indicators driving GoldON Resources's intrinsic value. More Info.GoldON Resources is regarded second in return on equity category among its peers. It also 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 GoldON Resources' earnings, one of the primary drivers of an investment's value.About GoldON Resources Financial Statements
GoldON Resources stakeholders use historical fundamental indicators, such as GoldON Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although GoldON Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in GoldON Resources' assets and liabilities are reflected in the revenues and expenses on GoldON 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 GoldON Resources. Please read more on our technical analysis and fundamental analysis pages.
GoldON Resources Ltd., an exploration stage company, explores for mineral properties in Canada. GoldON Resources Ltd. was incorporated in 1977 and is based in Victoria, Canada. Goldon Resources 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 company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in GoldON Pink Sheet
If you are still planning to invest in GoldON 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 GoldON Resources' history and understand the potential risks before investing.
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