Equity Metals Financials

EQTY Stock  CAD 0.19  0.01  5.56%   
We urge to utilize Equity Metals Corp fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Equity Metals Corp 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 and analyze data for twenty-six available fundamental indicators for Equity Metals Corp, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Equity Metals to be traded at C$0.2375 in 90 days. Key indicators impacting Equity Metals' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio7.039.79
Way Down
Slightly volatile
  
Understanding current and past Equity Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Equity Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Equity Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Equity Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Equity Metals Corp. Check Equity Metals' Beneish M Score to see the likelihood of Equity Metals' management manipulating its earnings.

Equity Metals Stock Summary

Equity Metals competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Equity Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. Equity Metals Corporation was incorporated in 1964 and is headquartered in Vancouver, Canada. EQUITY METALS operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.
Foreign Associates
Specialization
Basic Materials, Other Precious Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA29472E1079
Business Address1199 West Hastings
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.equitymetalscorporation.com
Phone604 806 0626
CurrencyCAD - Canadian Dollar
You should never invest in Equity Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Equity Stock, because this is throwing your money away. Analyzing the key information contained in Equity Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Equity Metals Key Financial Ratios

There are many critical financial ratios that Equity Metals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Equity Metals Corp reports annually and quarterly.

Equity Metals Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.3M2.2M802.5K3.3M3.8M4.0M
Other Current Liab46.9K40.2K21.1K122.7K141.1K148.2K
Net Tangible Assets203.8K2.0M2.1M705.6K811.5K993.2K
Retained Earnings(18.6M)(22.8M)(27.8M)(30.7M)(27.6M)(29.0M)
Accounts Payable237.9K57.9K75.7K37.7K43.3K85.6K
Cash1.8M1.8M497.5K3.0M3.4M3.6M
Net Receivables188.8K154.7K81.9K177.1K203.7K109.2K
Total Liab284.7K98.1K96.9K287.5K258.7K161.4K
Total Current Assets2.0M1.9M579.4K3.1M3.6M3.8M
Net Invested Capital2.0M2.1M705.6K3.1M3.5M3.7M
Net Working Capital1.7M1.8M482.5K2.8M3.3M3.4M
Capital Stock17.5M20.7M23.7M28.5M32.7M22.0M

Equity Metals Key Income Statement Accounts

201920202021202220232024 (projected)
Net Interest Income10.1K285.016.049.2K56.6K59.4K
Interest Income10.1K285.016.049.2K56.6K59.4K
Selling General Administrative834.6K1.6M1.2M1.1M1.3M797.8K
Operating Income(1.1M)(4.2M)(5.2M)(3.0M)(2.7M)(2.8M)
Net Income From Continuing Ops(1.1M)(4.2M)(5.0M)(2.9M)(2.6M)(2.7M)
Ebit(679.6K)(1.1M)(4.2M)(5.2M)(4.7M)(4.4M)
Total Operating Expenses1.1M4.2M5.2M3.0M3.4M2.2M
Income Before Tax(1.1M)(4.2M)(5.0M)(2.9M)(2.6M)(2.7M)
Net Income Applicable To Common Shares(683.0K)(1.1M)(4.2M)(5.0M)(4.5M)(4.3M)
Net Income(1.1M)(4.2M)(5.0M)(2.9M)(2.6M)(2.7M)
Ebitda(667.4K)(1.1M)(4.2M)(5.2M)(4.7M)(4.4M)
Reconciled Depreciation15.5K11.0K8.4K6.9K6.2K10.2K

Equity Metals Key Cash Accounts

201920202021202220232024 (projected)
Investments192.0K11.6K(102.0K)25.7K(1.9K)0.0
Change In Cash1.8M(3.0K)(1.3M)2.5M2.8M3.0M
Depreciation15.5K11.0K8.4K6.9K6.2K10.9K
Net Income(1.1M)(4.2M)(5.0M)(2.9M)(2.6M)(2.7M)
End Period Cash Flow1.8M1.8M497.5K3.0M3.4M3.6M
Change To Netincome99.5K108.3K1.0M291.7K335.5K352.2K
Free Cash Flow(954.2K)(3.3M)(4.7M)(2.4M)(2.2M)(2.3M)

Equity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Equity Metals's current stock value. Our valuation model uses many indicators to compare Equity Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Equity Metals competition to find correlations between indicators driving Equity Metals's intrinsic value. More Info.
Equity Metals Corp is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers . At this time, Equity Metals' 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 Equity Metals' earnings, one of the primary drivers of an investment's value.

Equity Metals Corp Systematic Risk

Equity Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Equity Metals 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Equity Metals Corp correlated with the market. If Beta is less than 0 Equity Metals generally moves in the opposite direction as compared to the market. If Equity Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Equity Metals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Equity Metals is generally in the same direction as the market. If Beta > 1 Equity Metals moves generally in the same direction as, but more than the movement of the benchmark.

Equity Metals Corp Total Assets Over Time

Today, most investors in Equity Metals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Equity Metals' 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 Equity Metals growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0603

At this time, Equity Metals' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Equity Metals November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Equity Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Equity Metals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Equity Metals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Equity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Equity Metals's daily price indicators and compare them against related drivers.

Additional Tools for Equity Stock Analysis

When running Equity Metals' price analysis, check to measure Equity Metals' 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.