Pelangio Financial Statements From 2010 to 2026
| PX Stock | CAD 0.28 0.01 3.45% |
Check Pelangio Exploration financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pelangio Exploration's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pelangio financial statements analysis is a perfect complement when working with Pelangio Exploration Valuation or Volatility modules.
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Pelangio Exploration Company Return On Equity Analysis
Pelangio Exploration'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 Pelangio Exploration Return On Equity | -22.91 |
Most of Pelangio Exploration'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, Pelangio Exploration 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, Pelangio Exploration has a Return On Equity of -22.9123. This is 2617.84% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.
Pelangio Exploration Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pelangio Exploration's current stock value. Our valuation model uses many indicators to compare Pelangio Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pelangio Exploration competition to find correlations between indicators driving Pelangio Exploration's intrinsic value. More Info.Pelangio Exploration 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 Pelangio Exploration's earnings, one of the primary drivers of an investment's value.About Pelangio Exploration Financial Statements
Pelangio Exploration investors use historical fundamental indicators, such as Pelangio Exploration's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pelangio Exploration. Please read more on our technical analysis and fundamental analysis pages.
Pelangio Exploration Inc., a junior gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and Ghana. The company was incorporated in 2008 and is headquartered in Toronto, Canada. PELANGIO EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Pelangio Stock Analysis
When running Pelangio Exploration's price analysis, check to measure Pelangio Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pelangio Exploration is operating at the current time. Most of Pelangio Exploration's value examination focuses on studying past and present price action to predict the probability of Pelangio Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pelangio Exploration's price. Additionally, you may evaluate how the addition of Pelangio Exploration to your portfolios can decrease your overall portfolio volatility.