Galore Resources Financials

GRI Stock  CAD 0.01  0.00  0.00%   
We strongly advise to harness Galore Resources fundamental analysis to find out if markets are presently mispricing the company. Simply put you can make use of it to find out if Galore 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-five available reported financial drivers for Galore Resources, which can be compared to its competitors. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Galore Resources to be traded at C$0.0099 in 90 days. Key indicators impacting Galore Resources' financial strength include:
Short Ratio
0.32
Return On Equity
(0.32)
  
Understanding current and past Galore Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Galore Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Galore Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Galore Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Galore Resources. Check Galore Resources' Beneish M Score to see the likelihood of Galore Resources' management manipulating its earnings.

Galore Resources Stock Summary

Galore Resources competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Galore Resources Inc., together with its subsidiary, Minerales Galore, S.A de C.V., acquires, explores for, and evaluates mineral properties in Canada and Mexico. Galore Resources Inc. was incorporated in 2004 and is headquartered in North Vancouver, Canada. GALORE RESOURCES is traded on TSX Venture Exchange in Canada.
Foreign Associate
  USA
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA3640961072
Business Address1125 Howe Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.galoreresources.com
Phone604 647 2298
CurrencyCAD - Canadian Dollar
You should never invest in Galore Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Galore Stock, because this is throwing your money away. Analyzing the key information contained in Galore Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Galore Resources Key Financial Ratios

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

Galore Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.2M7.7M8.7M9.9M11.5M7.6M
Other Current Liab1.4M570.8K1.4M2.3M2.7M2.8M
Net Tangible Assets4.3M4.0M3.8M4.1M3.7M3.4M
Retained Earnings(16.1M)(16.6M)(17.4M)(18.5M)(19.4M)(20.4M)
Accounts Payable1.7M2.1M2.6M3.8M8.3M8.8M
Cash1.0K344.074.7K2.8K2.1K2.0K
Net Receivables41.9K5.8K4.5K377.03.9K3.7K
Total Liab3.2M3.8M4.6M6.9M9.3M9.8M
Short Long Term Debt536.5K657.7K621.2K800.1K961.8K488.2K
Total Current Assets43.0K6.1K94.3K3.1K17.2K16.4K
Common Stock16.9M17.2M17.5M18.4M21.1M18.4M
Net Debt535.5K657.3K546.5K797.4K959.8K626.6K
Net Invested Capital4.5M4.5M4.7M3.8M3.1M3.4M
Net Working Capital(3.1M)(3.8M)(4.5M)(6.9M)(9.3M)(8.8M)

Galore Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense141.8K204.9K225.8K299.2K322.1K338.2K
Selling General Administrative469.7K387.1K674.8K168.7K49.2K46.7K
Operating Income(470.0K)(389.6K)(674.8K)(685.4K)(506.5K)(531.8K)
Net Income From Continuing Ops(660.5K)(439.1K)(799.0K)(1.2M)(856.7K)(813.9K)
Ebit(602.1K)(405.0K)(389.3K)(662.6K)(596.3K)(566.5K)
Total Operating Expenses470.0K389.6K674.8K685.4K506.5K454.8K
Income Before Tax(660.5K)(439.1K)(799.0K)(1.2M)(856.7K)(813.9K)
Total Other Income Expense Net(48.7K)155.4K101.6K(212.0K)(28.1K)(26.7K)
Net Income Applicable To Common Shares(702.5K)(660.5K)(439.1K)(799.0K)(719.1K)(683.2K)
Net Income(660.5K)(439.1K)(799.0K)(1.2M)(856.7K)(813.9K)
Net Interest Income(141.8K)(204.9K)(225.8K)(299.2K)(322.1K)(306.0K)
Ebitda(626.6K)(518.4K)(222.1K)(573.2K)(659.2K)(692.2K)

Galore Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(120.0)(691.0)74.3K(71.9K)(692.0)(726.6)
Capital Expenditures369.2K140.5K396.6K146.0K66.4K63.1K
Net Income(660.5K)(439.1K)(799.0K)(1.2M)(856.7K)(813.9K)
Change To Netincome257.7K208.6K190.1K294.9K339.1K356.1K
End Period Cash Flow1.0K344.074.7K2.8K2.1K2.0K
Investments(369.2K)(140.5K)(396.6K)(146.0K)(66.4K)(69.7K)
Free Cash Flow(470.2K)(223.8K)(666.9K)(148.6K)(108.4K)(113.8K)
Other Non Cash Items157.6K207.7K235.8K299.2K323.3K228.6K

Galore Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Galore Resources's current stock value. Our valuation model uses many indicators to compare Galore Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Galore Resources competition to find correlations between indicators driving Galore Resources's intrinsic value. More Info.
Galore Resources is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers . 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 Galore Resources' earnings, one of the primary drivers of an investment's value.

Galore Resources Systematic Risk

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

Galore Resources Total Assets Over Time

Galore Resources December 3, 2024 Opportunity Range

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

Additional Tools for Galore Stock Analysis

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