Prime Financial Statements From 2010 to 2024
| PRMNF Stock | USD 1.05 0.03 2.78% |
Check Prime Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prime Mining's main balance sheet or income statement drivers, such as , as well as many indicators such as . Prime financial statements analysis is a perfect complement when working with Prime Mining Valuation or Volatility modules.
Prime |
Prime Mining Corp OTC Stock Return On Equity Analysis
Prime Mining'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 Prime Mining Return On Equity | -0.48 |
Most of Prime Mining'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, Prime Mining 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.
| Competition |
Based on the latest financial disclosure, Prime Mining Corp has a Return On Equity of -0.4842. This is 153.21% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 56.19% higher than that of the company.
Prime Mining Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Mining's current stock value. Our valuation model uses many indicators to compare Prime Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Mining competition to find correlations between indicators driving Prime Mining's intrinsic value. More Info.Prime Mining Corp is rated below average in return on equity category among its peers. It is rated below average 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 Prime Mining's earnings, one of the primary drivers of an investment's value.About Prime Mining Financial Statements
Prime Mining stakeholders use historical fundamental indicators, such as Prime Mining's revenue or net income, to determine how well the company is positioned to perform in the future. Although Prime Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prime Mining's assets and liabilities are reflected in the revenues and expenses on Prime Mining'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 Prime Mining Corp. Please read more on our technical analysis and fundamental analysis pages.
Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. Prime Mining Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. PRIME MINING is traded on OTC Exchange in the United States.
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Other Information on Investing in Prime OTC Stock
Prime Mining financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Mining security.