We urge to utilize Durango Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Durango Resources 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 were able to interpolate twenty-four available fundamental indicators for Durango Resources, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Durango Resources to be traded at C$0.0313 in 90 days. Key indicators impacting Durango Resources' financial strength include:
Understanding current and past Durango Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Durango Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Durango Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Durango Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Durango Resources. Check Durango Resources' Beneish M Score to see the likelihood of Durango Resources' management manipulating its earnings.
Durango Resources Stock Summary
Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. DURANGO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Durango Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Durango Stock, because this is throwing your money away. Analyzing the key information contained in Durango Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Durango Resources Key Financial Ratios
There are many critical financial ratios that Durango Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Durango Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Durango Resources's current stock value. Our valuation model uses many indicators to compare Durango Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Durango Resources competition to find correlations between indicators driving Durango Resources's intrinsic value. More Info.
Durango Resources is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, Durango Resources' Return On Equity is fairly stable compared to the past year. 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 Durango Resources' earnings, one of the primary drivers of an investment's value.
Durango Resources Systematic Risk
Durango Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Durango 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Durango Resources correlated with the market. If Beta is less than 0 Durango Resources generally moves in the opposite direction as compared to the market. If Durango Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Durango Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Durango Resources is generally in the same direction as the market. If Beta > 1 Durango Resources moves generally in the same direction as, but more than the movement of the benchmark.
Durango Resources Total Assets Over Time
Today, most investors in Durango Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Durango Resources' 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 Durango Resources growth as a starting point in their analysis.
Durango Resources November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Durango Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Durango Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Durango Resources based on widely used predictive technical indicators. In general, we focus on analyzing Durango Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Durango Resources's daily price indicators and compare them against related drivers.
When running Durango Resources' price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.