We recommend to make use of Lumina Gold Corp analysis to find out if markets are presently mispricing the entity. We were able to interpolate twenty-six available fundamentals for Lumina Gold, which can be compared to its peers in the industry. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Lumina Gold to be traded at C$0.4753 in 90 days. Key indicators impacting Lumina Gold's financial strength include:
Understanding current and past Lumina Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lumina Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Lumina Gold's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Lumina Gold's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lumina Gold Corp. Check Lumina Gold's Beneish M Score to see the likelihood of Lumina Gold's management manipulating its earnings.
Lumina Gold Stock Summary
Lumina Gold competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Lumina Gold Corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of precious and base metals in Ecuador. Lumina Gold Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. LUMINA GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.
You should never invest in Lumina Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lumina Stock, because this is throwing your money away. Analyzing the key information contained in Lumina Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Lumina Gold Key Financial Ratios
There are many critical financial ratios that Lumina Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lumina Gold Corp reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Lumina Gold's current stock value. Our valuation model uses many indicators to compare Lumina Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lumina Gold competition to find correlations between indicators driving Lumina Gold's intrinsic value. More Info.
Lumina Gold Corp is rated below average in return on equity category among its peers. It is rated fifth overall in return on asset category among its peers . At this time, Lumina Gold's 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 Lumina Gold's earnings, one of the primary drivers of an investment's value.
Lumina Gold Corp Systematic Risk
Lumina Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lumina Gold 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 Lumina Gold Corp correlated with the market. If Beta is less than 0 Lumina Gold generally moves in the opposite direction as compared to the market. If Lumina Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lumina Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lumina Gold is generally in the same direction as the market. If Beta > 1 Lumina Gold moves generally in the same direction as, but more than the movement of the benchmark.
Lumina Gold Corp Total Assets Over Time
Today, most investors in Lumina Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lumina Gold's 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 Lumina Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Lumina Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lumina Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lumina Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lumina Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lumina Gold's daily price indicators and compare them against related drivers.
When running Lumina Gold's price analysis, check to measure Lumina Gold's 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 Lumina Gold is operating at the current time. Most of Lumina Gold's value examination focuses on studying past and present price action to predict the probability of Lumina Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumina Gold's price. Additionally, you may evaluate how the addition of Lumina Gold to your portfolios can decrease your overall portfolio volatility.