Western Magnesium Financials

We strongly advise to harness Western Magnesium fundamental analysis to find out if markets are presently mispricing the firm. Specifically this technique allows you to validate available financial indicators of Western Magnesium as well as the relationship between them. We have analyzed and interpolated twenty-four available indicators for Western Magnesium, which can be compared to its rivals.
  
Understanding current and past Western Magnesium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Magnesium's financial statements are interrelated, with each one affecting the others. For example, an increase in Western Magnesium's assets may result in an increase in income on the income statement.

Western Magnesium Stock Summary

Western Magnesium competes with East Africa, and Forsys Metals. Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. Western Magnesium Corporation was incorporated in 1966 and is headquartered in McLean, United States.Western Magnesium Corporation operates as a subsidiary of Phibro Animal Health Corporation. Western Magnesium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 30 people.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address8180 Greensboro Drive,
SectorBasic Materials
IndustryOther Industrial Metals & Mining
BenchmarkDow Jones Industrial
Websitewesternmagnesium.com
Phone571 378 0762
CurrencyUSD - US Dollar

Western Magnesium Key Financial Ratios

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

Western Financial Ratios Relationships

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

Western Magnesium Systematic Risk

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

Complementary Tools for Western Pink Sheet analysis

When running Western Magnesium's price analysis, check to measure Western Magnesium'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 Western Magnesium is operating at the current time. Most of Western Magnesium's value examination focuses on studying past and present price action to predict the probability of Western Magnesium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Magnesium's price. Additionally, you may evaluate how the addition of Western Magnesium to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios