Omineca Mining Financials
OMMSF Stock | USD 0.05 0 3.43% |
Omineca |
Understanding current and past Omineca Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Omineca Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Omineca Mining's assets may result in an increase in income on the income statement.
Omineca Mining Stock Summary
Omineca Mining competes with Aurion Resources, Liberty Gold, Orezone Gold, Radisson Mining, and Predictive Discovery. Omineca Mining and Metals Ltd., a junior resource company, explores for and develops mineral resources in Canada. The company was incorporated in 2011 and is based in Saskatoon, Canada. Omineca Mng operates under Gold classification in the United States and is traded on OTC Exchange.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 224-4th Avenue South, |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.ominecaminingandmetals.com |
Phone | 306 653 2692 |
Currency | USD - US Dollar |
Omineca Mining Key Financial Ratios
There are many critical financial ratios that Omineca Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Omineca Mining reports annually and quarterly.Return On Equity | -0.39 | |||
Return On Asset | -0.0414 | |||
Beta | 0.94 | |||
Z Score | 0.6 |
Omineca Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Omineca Mining's current stock value. Our valuation model uses many indicators to compare Omineca Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Omineca Mining competition to find correlations between indicators driving Omineca Mining's intrinsic value. More Info.Omineca Mining and is rated below average in return on equity category among its peers. It 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 Omineca Mining's earnings, one of the primary drivers of an investment's value.Omineca Mining Systematic Risk
Omineca Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Omineca Mining 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 Omineca Mining correlated with the market. If Beta is less than 0 Omineca Mining generally moves in the opposite direction as compared to the market. If Omineca Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Omineca Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Omineca Mining is generally in the same direction as the market. If Beta > 1 Omineca Mining moves generally in the same direction as, but more than the movement of the benchmark.
Omineca Mining November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Omineca Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Omineca Mining and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Omineca Mining and based on widely used predictive technical indicators. In general, we focus on analyzing Omineca Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Omineca Mining's daily price indicators and compare them against related drivers.
Downside Deviation | 8.38 | |||
Information Ratio | 0.0136 | |||
Maximum Drawdown | 73.49 | |||
Value At Risk | (11.82) | |||
Potential Upside | 11.76 |
Complementary Tools for Omineca Pink Sheet analysis
When running Omineca Mining's price analysis, check to measure Omineca Mining'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 Omineca Mining is operating at the current time. Most of Omineca Mining's value examination focuses on studying past and present price action to predict the probability of Omineca Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omineca Mining's price. Additionally, you may evaluate how the addition of Omineca Mining to your portfolios can decrease your overall portfolio volatility.
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