We suggest to use Almaden Minerals fundamental analysis to find out if markets are presently mispricing the company. Put another way you can use it to find out if Almaden Minerals is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have collected data for twenty-nine available fundamental indicators for Almaden Minerals, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Almaden Minerals to be traded at C$0.0523 in 90 days. Key indicators impacting Almaden Minerals' financial strength include:
Understanding current and past Almaden Minerals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Almaden Minerals' financial statements are interrelated, with each one affecting the others. For example, an increase in Almaden Minerals' assets may result in an increase in income on the income statement.
Almaden Minerals competes with First Majestic, and Ivanhoe Energy. Almaden Minerals Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company was founded in 1980 and is headquartered in Vancouver, Canada. ALMADEN MINERALS operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 9 people.
You should never invest in Almaden Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Almaden Stock, because this is throwing your money away. Analyzing the key information contained in Almaden Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Almaden Minerals Key Financial Ratios
Almaden Minerals' financial ratios allow both analysts and investors to convert raw data from Almaden Minerals' financial statements into concise, actionable information that can be used to evaluate the performance of Almaden Minerals over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Almaden Minerals's current stock value. Our valuation model uses many indicators to compare Almaden Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Almaden Minerals competition to find correlations between indicators driving Almaden Minerals's intrinsic value. More Info.
Almaden Minerals is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . At this time, Almaden Minerals' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Almaden Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Almaden Minerals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Almaden Minerals Systematic Risk
Almaden Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Almaden Minerals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Almaden Minerals correlated with the market. If Beta is less than 0 Almaden Minerals generally moves in the opposite direction as compared to the market. If Almaden Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Almaden Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Almaden Minerals is generally in the same direction as the market. If Beta > 1 Almaden Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Almaden Minerals Total Assets Over Time
Today, most investors in Almaden Minerals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Almaden Minerals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Almaden Minerals growth as a starting point in their analysis.
Almaden Minerals November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Almaden Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Almaden Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Almaden Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Almaden Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Almaden Minerals's daily price indicators and compare them against related drivers.
Almaden Minerals financial ratios help investors to determine whether Almaden 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 Almaden with respect to the benefits of owning Almaden Minerals security.