Magellan Gold Financials
| MAGE Stock | USD 0.12 0.01 7.69% |
Magellan |
Understanding current and past Magellan Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magellan Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Magellan Gold's assets may result in an increase in income on the income statement.
Please note, the presentation of Magellan Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magellan Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Magellan Gold's management manipulating its earnings.
Magellan Gold Stock Summary
Magellan Gold competes with Summa Silver, Morningstar Unconstrained, High-yield Municipal, Knife River, and Klckner Co. Magellan Gold Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral resources in Idaho. The company was incorporated in 2010 and is headquartered in Wallace, Idaho. MAGELLAN GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US5590782091 |
| Business Address | 602 Cedar Street, |
| Sector | Basic Materials |
| Industry | Other Precious Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | magellangoldcorp.com |
| Phone | 208 556 1600 |
| Currency | USD - US Dollar |
Magellan Gold Key Financial Ratios
There are many critical financial ratios that Magellan Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magellan Gold Corp reports annually and quarterly.Magellan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Gold's current stock value. Our valuation model uses many indicators to compare Magellan Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Gold competition to find correlations between indicators driving Magellan Gold's intrinsic value. More Info.Magellan Gold Corp is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation 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 Magellan Gold's earnings, one of the primary drivers of an investment's value.Magellan Gold Corp Systematic Risk
Magellan Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magellan 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Magellan Gold Corp correlated with the market. If Beta is less than 0 Magellan Gold generally moves in the opposite direction as compared to the market. If Magellan Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magellan Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magellan Gold is generally in the same direction as the market. If Beta > 1 Magellan Gold moves generally in the same direction as, but more than the movement of the benchmark.
Magellan Gold November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magellan Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magellan Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magellan Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Magellan Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magellan Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 13.3 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 43.75 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 6.67 |
Complementary Tools for Magellan Pink Sheet analysis
When running Magellan Gold's price analysis, check to measure Magellan 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 Magellan Gold is operating at the current time. Most of Magellan Gold's value examination focuses on studying past and present price action to predict the probability of Magellan 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 Magellan Gold's price. Additionally, you may evaluate how the addition of Magellan Gold to your portfolios can decrease your overall portfolio volatility.
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