We strongly advise to harness Hannan Metals analysis to find out if markets are presently mispricing the company. We were able to interpolate twenty-four available reported financial drivers for Hannan Metals, which can be compared to its competitors. The stock experiences a large bullish trend. Check odds of Hannan Metals to be traded at C$0.649 in 90 days. Key indicators impacting Hannan Metals' financial strength include:
Understanding current and past Hannan Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hannan Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Hannan Metals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Hannan Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hannan Metals. Check Hannan Metals' Beneish M Score to see the likelihood of Hannan Metals' management manipulating its earnings.
Hannan Metals Stock Summary
Hannan Metals competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Hannan Metals Ltd., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Ireland and Canada. Hannan Metals Ltd. was incorporated in 1999 and is based in Vancouver, Canada. HANNAN METALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Hannan Metals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hannan Stock, because this is throwing your money away. Analyzing the key information contained in Hannan Metals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hannan Metals Key Financial Ratios
There are many critical financial ratios that Hannan Metals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hannan Metals reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Hannan Metals's current stock value. Our valuation model uses many indicators to compare Hannan Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hannan Metals competition to find correlations between indicators driving Hannan Metals's intrinsic value. More Info.
Hannan Metals is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, Hannan 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 Hannan Metals' earnings, one of the primary drivers of an investment's value.
Hannan Metals Systematic Risk
Hannan Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hannan 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Hannan Metals correlated with the market. If Beta is less than 0 Hannan Metals generally moves in the opposite direction as compared to the market. If Hannan Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hannan Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hannan Metals is generally in the same direction as the market. If Beta > 1 Hannan Metals moves generally in the same direction as, but more than the movement of the benchmark.
Hannan Metals Total Assets Over Time
Today, most investors in Hannan Metals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hannan 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 Hannan Metals growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Hannan Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hannan Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hannan Metals based on widely used predictive technical indicators. In general, we focus on analyzing Hannan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hannan Metals's daily price indicators and compare them against related drivers.
When running Hannan Metals' price analysis, check to measure Hannan 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 Hannan Metals is operating at the current time. Most of Hannan Metals' value examination focuses on studying past and present price action to predict the probability of Hannan Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannan Metals' price. Additionally, you may evaluate how the addition of Hannan Metals to your portfolios can decrease your overall portfolio volatility.