Canagold Resources Financials
| CCM Stock | CAD 0.38 0.03 8.57% |
Canagold |
Understanding current and past Canagold Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Canagold Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Canagold Resources' assets may result in an increase in income on the income statement.
Canagold Resources Stock Summary
Canagold Resources competes with Starcore International, Chesapeake Gold, and Radius Gold. Canarc Resource Corp. engages in the acquisition, exploration, and development of precious metal properties in the United States and Canada. Canarc Resource Corp. was founded in 1987 and is headquartered in Vancouver, Canada. CANARC RES operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 3 people.| Foreign Associate | USA |
Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA1368421014 |
| Business Address | 625 Howe Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.canagoldresources.com |
| Phone | 604 685 9700 |
| Currency | CAD - Canadian Dollar |
You should never invest in Canagold Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Canagold Stock, because this is throwing your money away. Analyzing the key information contained in Canagold Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Canagold Resources Key Financial Ratios
Canagold Resources' financial ratios allow both analysts and investors to convert raw data from Canagold Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Canagold Resources over time and compare it to other companies across industries.| Return On Equity | -0.0797 | ||||
| Return On Asset | -0.0586 | ||||
| Target Price | 1.4 | ||||
| Number Of Employees | 11 | ||||
| Beta | 0.93 |
Canagold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canagold Resources's current stock value. Our valuation model uses many indicators to compare Canagold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canagold Resources competition to find correlations between indicators driving Canagold Resources's intrinsic value. More Info.Canagold Resources is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canagold Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canagold Resources' 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.Canagold Resources Systematic Risk
Canagold Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Canagold Resources 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 output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Canagold Resources correlated with the market. If Beta is less than 0 Canagold Resources generally moves in the opposite direction as compared to the market. If Canagold Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canagold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canagold Resources is generally in the same direction as the market. If Beta > 1 Canagold Resources moves generally in the same direction as, but more than the movement of the benchmark.
Canagold Resources February 26, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Canagold Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Canagold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canagold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Canagold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canagold Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.16 | |||
| Information Ratio | 0.1114 | |||
| Maximum Drawdown | 20.39 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 7.14 |
Other Information on Investing in Canagold Stock
Canagold Resources financial ratios help investors to determine whether Canagold 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 Canagold with respect to the benefits of owning Canagold Resources security.