Ridgeline Minerals Financials
RDGMF Stock | USD 0.11 0.01 10.00% |
With this module, you can analyze Ridgeline financials for your investing period. You should be able to track the changes in Ridgeline Minerals individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Ridgeline |
The data published in Ridgeline Minerals' official financial statements typically reflect Ridgeline Minerals' 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 Ridgeline Minerals' quantitative information. For example, before you start analyzing numbers published by Ridgeline accountants, it's essential to understand Ridgeline Minerals' liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Ridgeline Minerals Stock Summary
Ridgeline Minerals competes with Grande Portage, White Gold, Altamira Gold, Aurion Resources, and Minera Alamos. Ridgeline Minerals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS 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 | 1066 West Hastings |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.ridgelineminerals.com |
Phone | 866 734 6828 |
Currency | USD - US Dollar |
Ridgeline Minerals Key Financial Ratios
There are many critical financial ratios that Ridgeline Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ridgeline Minerals Corp reports annually and quarterly.Return On Equity | -0.12 | |||
Return On Asset | -0.059 | |||
Beta | 1.91 |
Ridgeline Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ridgeline Minerals's current stock value. Our valuation model uses many indicators to compare Ridgeline Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ridgeline Minerals competition to find correlations between indicators driving Ridgeline Minerals's intrinsic value. More Info.Ridgeline Minerals Corp 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 Ridgeline Minerals' earnings, one of the primary drivers of an investment's value.Ridgeline Minerals Corp Systematic Risk
Ridgeline Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ridgeline Minerals 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Ridgeline Minerals Corp correlated with the market. If Beta is less than 0 Ridgeline Minerals generally moves in the opposite direction as compared to the market. If Ridgeline Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ridgeline Minerals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ridgeline Minerals is generally in the same direction as the market. If Beta > 1 Ridgeline Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Ridgeline Minerals December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ridgeline Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ridgeline Minerals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ridgeline Minerals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ridgeline OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ridgeline Minerals's daily price indicators and compare them against related drivers.
Information Ratio | (0.02) | |||
Maximum Drawdown | 34.09 | |||
Value At Risk | (8.33) | |||
Potential Upside | 10.0 |
Complementary Tools for Ridgeline OTC Stock analysis
When running Ridgeline Minerals' price analysis, check to measure Ridgeline Minerals' 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 Ridgeline Minerals is operating at the current time. Most of Ridgeline Minerals' value examination focuses on studying past and present price action to predict the probability of Ridgeline Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ridgeline Minerals' price. Additionally, you may evaluate how the addition of Ridgeline Minerals to your portfolios can decrease your overall portfolio volatility.
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