Stornoway Diamond Financials

Stornoway Diamond Stock Summary

Stornoway Diamond competes with Q-Gold Resources, Riverside Resources, Alianza Minerals, and Lithoquest Resources. Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada. The company was founded in 1986 and is headquartered in Longueuil, Canada. Stornoway Diamond operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 556 people.

Stornoway Diamond Key Financial Ratios

There are many critical financial ratios that Stornoway Diamond's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Stornoway Diamond reports annually and quarterly.

Stornoway Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Stornoway Diamond's current stock value. Our valuation model uses many indicators to compare Stornoway Diamond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stornoway Diamond competition to find correlations between indicators driving Stornoway Diamond's intrinsic value. More Info.Stornoway Diamond is rated second in return on equity category among its peers. It also is rated second 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 Stornoway Diamond's earnings, one of the primary drivers of an investment's value.

Along with financial statement analysis, the daily predictive indicators of Stornoway Diamond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Stornoway Diamond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stornoway Diamond based on widely used predictive technical indicators. In general, we focus on analyzing Stornoway Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stornoway Diamond's daily price indicators and compare them against related drivers.

When running Stornoway Diamond's price analysis, check to measure Stornoway Diamond'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 Stornoway Diamond is operating at the current time. Most of Stornoway Diamond's value examination focuses on studying past and present price action to predict the probability of Stornoway Diamond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stornoway Diamond's price. Additionally, you may evaluate how the addition of Stornoway Diamond to your portfolios can decrease your overall portfolio volatility.