Sitka Financial Statements From 2010 to 2024
| SITKF Stock | USD 0.26 0.02 7.14% |
Check Sitka Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sitka Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sitka financial statements analysis is a perfect complement when working with Sitka Gold Valuation or Volatility modules.
Sitka |
Sitka Gold Corp OTC Stock Return On Equity Analysis
Sitka 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 Sitka Gold Return On Equity | -0.0611 |
Most of Sitka 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, Sitka 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.
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Based on the latest financial disclosure, Sitka Gold Corp has a Return On Equity of -0.0611. This is 106.71% lower than that of the Basic Materials sector and 161.1% lower than that of the Gold industry. The return on equity for all United States stocks is 80.29% lower than that of the firm.
Sitka Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sitka Gold's current stock value. Our valuation model uses many indicators to compare Sitka Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sitka Gold competition to find correlations between indicators driving Sitka Gold's intrinsic value. More Info.Sitka Gold Corp is rated fifth in return on equity category among its peers. It is rated 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 Sitka Gold's earnings, one of the primary drivers of an investment's value.About Sitka Gold Financial Statements
Sitka Gold stakeholders use historical fundamental indicators, such as Sitka Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sitka Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sitka Gold's assets and liabilities are reflected in the revenues and expenses on Sitka 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 Sitka Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Sitka Gold Corp. engages in the exploration of mineral resource properties in Canada and the United States. Sitka Gold Corp. was incorporated in 2015 and is based in Vancouver, Canada. SITKA GOLD is traded on OTC Exchange in the United States.
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Other Information on Investing in Sitka OTC Stock
Sitka Gold financial ratios help investors to determine whether Sitka 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 Sitka with respect to the benefits of owning Sitka Gold security.