Triumph Financial Statements From 2010 to 2024
TIG Stock | CAD 0.19 0.03 13.64% |
Check Triumph Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Triumph Gold's main balance sheet or income statement drivers, such as , as well as many indicators such as . Triumph financial statements analysis is a perfect complement when working with Triumph Gold Valuation or Volatility modules.
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Triumph Gold Corp Company Return On Equity Analysis
Triumph 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 Triumph Gold Return On Equity | -0.2 |
Most of Triumph 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, Triumph 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, Triumph Gold Corp has a Return On Equity of -0.1957. This is 121.51% lower than that of the Metals & Mining sector and 140.77% lower than that of the Materials industry. The return on equity for all Canada stocks is 36.87% lower than that of the firm.
Triumph Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Triumph Gold's current stock value. Our valuation model uses many indicators to compare Triumph Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Triumph Gold competition to find correlations between indicators driving Triumph Gold's intrinsic value. More Info.Triumph Gold Corp is rated third in return on equity category among its peers. It also is rated third 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 Triumph Gold's earnings, one of the primary drivers of an investment's value.About Triumph Gold Financial Statements
Triumph Gold investors use historical fundamental indicators, such as Triumph Gold'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 Triumph Gold. Please read more on our technical analysis and fundamental analysis pages.
Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. TRIUMPH GOLD operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Triumph Stock Analysis
When running Triumph Gold's price analysis, check to measure Triumph Gold'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 Triumph Gold is operating at the current time. Most of Triumph Gold's value examination focuses on studying past and present price action to predict the probability of Triumph Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Triumph Gold's price. Additionally, you may evaluate how the addition of Triumph Gold to your portfolios can decrease your overall portfolio volatility.