Provenance Financial Statements From 2010 to 2024
| PVGDF Stock | USD 0.20 0.02 9.09% |
Check Provenance Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provenance Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Provenance financial statements analysis is a perfect complement when working with Provenance Gold Valuation or Volatility modules.
Provenance |
Provenance Gold Corp OTC Stock Return On Equity Analysis
Provenance Gold'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 Provenance Gold Return On Equity | -0.23 |
Most of Provenance Gold'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, Provenance Gold 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, Provenance Gold Corp has a Return On Equity of -0.233. This is 125.6% 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 24.84% lower than that of the firm.
Provenance Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Provenance Gold's current stock value. Our valuation model uses many indicators to compare Provenance Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provenance Gold competition to find correlations between indicators driving Provenance Gold's intrinsic value. More Info.Provenance Gold Corp is considered to be number one stock in return on equity category among its peers. It also 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 Provenance Gold's earnings, one of the primary drivers of an investment's value.About Provenance Gold Financial Statements
Provenance Gold stakeholders use historical fundamental indicators, such as Provenance Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Provenance Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Provenance Gold's assets and liabilities are reflected in the revenues and expenses on Provenance Gold'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 Provenance Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in North America. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada. PROVENANCE GOLD is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Other Information on Investing in Provenance OTC Stock
Provenance Gold financial ratios help investors to determine whether Provenance 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 Provenance with respect to the benefits of owning Provenance Gold security.