Prime Meridian Financials
| PMDRF Stock | USD 0.11 0.01 10.00% |
Prime |
Understanding current and past Prime Meridian Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Prime Meridian's financial statements are interrelated, with each one affecting the others. For example, an increase in Prime Meridian's assets may result in an increase in income on the income statement.
Prime Meridian Stock Summary
Prime Meridian competes with Aurion Resources, Liberty Gold, Rio2, Orezone Gold, and Radisson Mining. Prime Meridian Resources Corp. engages in the development, evaluation, and exploration of mineral resource properties. Prime Meridian Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Prime Meridian is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 650 West Georgia |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.primemeridianresources.com |
| Phone | 844 727 5631 |
| Currency | USD - US Dollar |
Prime Meridian Key Financial Ratios
There are many critical financial ratios that Prime Meridian's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Prime Meridian Resources reports annually and quarterly.| Return On Asset | -2.07 | |||
| Beta | 2.34 | |||
| Z Score | -0.3 |
Prime Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Meridian's current stock value. Our valuation model uses many indicators to compare Prime Meridian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Meridian competition to find correlations between indicators driving Prime Meridian's intrinsic value. More Info.Prime Meridian Resources is regarded fifth in return on asset category among its peers. It is rated below average 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 Prime Meridian's earnings, one of the primary drivers of an investment's value.Prime Meridian Resources Systematic Risk
Prime Meridian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prime Meridian 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 Prime Meridian Resources correlated with the market. If Beta is less than 0 Prime Meridian generally moves in the opposite direction as compared to the market. If Prime Meridian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prime Meridian Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prime Meridian is generally in the same direction as the market. If Beta > 1 Prime Meridian moves generally in the same direction as, but more than the movement of the benchmark.
Prime Meridian November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prime Meridian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prime Meridian Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prime Meridian Resources based on widely used predictive technical indicators. In general, we focus on analyzing Prime Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prime Meridian's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 40.0 |
Complementary Tools for Prime Pink Sheet analysis
When running Prime Meridian's price analysis, check to measure Prime Meridian'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 Prime Meridian is operating at the current time. Most of Prime Meridian's value examination focuses on studying past and present price action to predict the probability of Prime Meridian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Meridian's price. Additionally, you may evaluate how the addition of Prime Meridian to your portfolios can decrease your overall portfolio volatility.
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