African Rainbow Minerals Financials
AFBOFDelisted Stock | USD 12.20 0.00 0.00% |
African |
Understanding current and past African Rainbow Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of African Rainbow's financial statements are interrelated, with each one affecting the others. For example, an increase in African Rainbow's assets may result in an increase in income on the income statement.
African Rainbow Stock Summary
African Rainbow competes with Ivanhoe Mines, Glencore PLC, Rio Tinto, Silver Dollar, and BHP Group. African Rainbow Minerals Limited, through its subsidiaries, operates as a diversified mining and minerals company in South Africa and Malaysia. The company was founded in 1933 and is based in Sandton, South Africa. African Rainbow is traded on OTC Exchange in the United States.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | ARM House, Sandton, |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | arm.co.za |
Phone | 27 11 779 1300 |
Currency | USD - US Dollar |
African Rainbow Key Financial Ratios
There are many critical financial ratios that African Rainbow's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that African Rainbow Minerals reports annually and quarterly.African Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining African Rainbow's current stock value. Our valuation model uses many indicators to compare African Rainbow value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across African Rainbow competition to find correlations between indicators driving African Rainbow's intrinsic value. More Info.African Rainbow Minerals 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 reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for African Rainbow Minerals is roughly 3.35 . 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 African Rainbow's earnings, one of the primary drivers of an investment's value.African Rainbow Market Pulse
Quote | 12.20 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 12.2 |
Low | 12.2 |
High | 12.2 |
Volume | 0 |
Exchange | PINK |
African Rainbow November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of African Rainbow help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of African Rainbow Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of African Rainbow Minerals based on widely used predictive technical indicators. In general, we focus on analyzing African Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build African Rainbow's daily price indicators and compare them against related drivers.
Downside Deviation | 8.48 | |||
Information Ratio | 0.0273 | |||
Maximum Drawdown | 28.91 | |||
Value At Risk | (13.87) | |||
Potential Upside | 8.32 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in African Pink Sheet
If you are still planning to invest in African Rainbow Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the African Rainbow's history and understand the potential risks before investing.
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