Omai Gold Financials
| OMGGF Stock | USD 0.12 0.01 7.69% |
With this module, you can analyze Omai financials for your investing period. You should be able to track the changes in Omai Gold individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Omai |
Understanding current and past Omai Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Omai Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Omai Gold's assets may result in an increase in income on the income statement.
The data published in Omai Gold's official financial statements typically reflect Omai Gold's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Omai Gold's quantitative information. For example, before you start analyzing numbers published by Omai accountants, it's essential to understand Omai Gold's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Omai Gold Stock Summary
Omai Gold competes with Galiano Gold, B2Gold Corp, Grande Portage, Q2 Metals, and Cassiar Gold. Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent interest in the Omai prospecting license that covers an area of 4,590 acres, including the past-producing Omai Gold mine located in the Potaro mining district of Guyana, as well as adjoining eastern flats mining permits. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 82 Richmond Street |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.omaigoldmines.com |
| Phone | 416 453 8433 |
| Currency | USD - US Dollar |
Omai Gold Key Financial Ratios
There are many critical financial ratios that Omai Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Omai Gold Mines reports annually and quarterly.| Return On Equity | -1.47 | |||
| Return On Asset | -0.59 | |||
| Beta | 1.55 | |||
| Z Score | 40.2 |
Omai Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Omai Gold's current stock value. Our valuation model uses many indicators to compare Omai Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Omai Gold competition to find correlations between indicators driving Omai Gold's intrinsic value. More Info.Omai Gold Mines is rated below average in return on equity category among its peers. It is rated below average 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 Omai Gold's earnings, one of the primary drivers of an investment's value.Omai Gold Mines Systematic Risk
Omai Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Omai 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Omai Gold Mines correlated with the market. If Beta is less than 0 Omai Gold generally moves in the opposite direction as compared to the market. If Omai Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Omai Gold Mines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Omai Gold is generally in the same direction as the market. If Beta > 1 Omai Gold moves generally in the same direction as, but more than the movement of the benchmark.
Omai Gold November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Omai Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Omai Gold Mines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Omai Gold Mines based on widely used predictive technical indicators. In general, we focus on analyzing Omai OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Omai Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.95 | |||
| Information Ratio | 0.0528 | |||
| Maximum Drawdown | 25.38 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Complementary Tools for Omai OTC Stock analysis
When running Omai Gold's price analysis, check to measure Omai 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 Omai Gold is operating at the current time. Most of Omai Gold's value examination focuses on studying past and present price action to predict the probability of Omai 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 Omai Gold's price. Additionally, you may evaluate how the addition of Omai Gold to your portfolios can decrease your overall portfolio volatility.
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