Sonoro Financial Statements From 2010 to 2024
| SMOFF Stock | USD 0.07 0 2.64% |
Check Sonoro Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonoro Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sonoro financial statements analysis is a perfect complement when working with Sonoro Gold Valuation or Volatility modules.
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Sonoro Gold Corp OTC Stock Return On Equity Analysis
Sonoro 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 Sonoro Gold Return On Equity | -1.1 |
Most of Sonoro 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, Sonoro 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, Sonoro Gold Corp has a Return On Equity of -1.0976. This is 220.62% 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 notably higher than that of the company.
Sonoro Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sonoro Gold's current stock value. Our valuation model uses many indicators to compare Sonoro Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sonoro Gold competition to find correlations between indicators driving Sonoro Gold's intrinsic value. More Info.Sonoro Gold Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Sonoro Gold's earnings, one of the primary drivers of an investment's value.About Sonoro Gold Financial Statements
Sonoro Gold stakeholders use historical fundamental indicators, such as Sonoro Gold's revenue or net income, to determine how well the company is positioned to perform in the future. Although Sonoro Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sonoro Gold's assets and liabilities are reflected in the revenues and expenses on Sonoro 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 Sonoro Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Sonoro Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company was formerly known as Sonoro Metals Corp. and changed its name to Sonoro Gold Corp. in August 2020. Sonoro Metals is traded on OTC Exchange in the United States.
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Other Information on Investing in Sonoro OTC Stock
Sonoro Gold financial ratios help investors to determine whether Sonoro 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 Sonoro with respect to the benefits of owning Sonoro Gold security.