We recommend to make use of Mirasol Resources fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Mirasol Resources as well as the relationship between them. We were able to interpolate twenty-eight available fundamentals for Mirasol Resources, which can be compared to its peers in the industry. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Mirasol Resources to be traded at C$0.3744 in 90 days. Key indicators impacting Mirasol Resources' financial strength include:
Understanding current and past Mirasol Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mirasol Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Mirasol Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Mirasol Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mirasol Resources. Check Mirasol Resources' Beneish M Score to see the likelihood of Mirasol Resources' management manipulating its earnings.
Mirasol Resources Stock Summary
Mirasol Resources competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Mirasol Resources Ltd., a mineral exploration company, engages in the acquisition and exploration of mineral properties primarily in Chile and Argentina. The company was founded in 2003 and is based in Vancouver, Canada. MIRASOL RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Mirasol Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mirasol Stock, because this is throwing your money away. Analyzing the key information contained in Mirasol Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mirasol Resources Key Financial Ratios
There are many critical financial ratios that Mirasol Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mirasol Resources reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Mirasol Resources's current stock value. Our valuation model uses many indicators to compare Mirasol Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirasol Resources competition to find correlations between indicators driving Mirasol Resources's intrinsic value. More Info.
Mirasol Resources is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . At this time, Mirasol Resources' 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 Mirasol Resources' earnings, one of the primary drivers of an investment's value.
Mirasol Resources Systematic Risk
Mirasol Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mirasol 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Mirasol Resources correlated with the market. If Beta is less than 0 Mirasol Resources generally moves in the opposite direction as compared to the market. If Mirasol Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mirasol Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mirasol Resources is generally in the same direction as the market. If Beta > 1 Mirasol Resources moves generally in the same direction as, but more than the movement of the benchmark.
Mirasol Resources Total Assets Over Time
Today, most investors in Mirasol Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mirasol Resources' 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 Mirasol Resources growth as a starting point in their analysis.
Mirasol Resources November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mirasol Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mirasol Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mirasol Resources based on widely used predictive technical indicators. In general, we focus on analyzing Mirasol Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mirasol Resources's daily price indicators and compare them against related drivers.
When running Mirasol Resources' price analysis, check to measure Mirasol 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 Mirasol Resources is operating at the current time. Most of Mirasol Resources' value examination focuses on studying past and present price action to predict the probability of Mirasol Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirasol Resources' price. Additionally, you may evaluate how the addition of Mirasol Resources to your portfolios can decrease your overall portfolio volatility.