Taranis Resources Financials
| TRO Stock | CAD 0.29 0.02 7.41% |
Taranis |
Understanding current and past Taranis Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Taranis Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Taranis Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Taranis Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Taranis Resources. Check Taranis Resources' Beneish M Score to see the likelihood of Taranis Resources' management manipulating its earnings.
Taranis Resources Stock Summary
Taranis Resources competes with Westshore Terminals, Highwood Asset, Bragg Gaming, CVS HEALTH, and NeuPath Health. Taranis Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal deposits in Canada. The company was incorporated in 2001 and is based in Vancouver, Canada. TARANIS RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA87609B1076 |
| Business Address | 1177 West Hastings |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.taranisresources.com |
| Phone | 604 640 6360 |
| Currency | CAD - Canadian Dollar |
You should never invest in Taranis Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Taranis Stock, because this is throwing your money away. Analyzing the key information contained in Taranis Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Taranis Resources Key Financial Ratios
There are many critical financial ratios that Taranis Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Taranis Resources reports annually and quarterly.| Return On Equity | -0.024 | ||||
| Return On Asset | -0.0332 | ||||
| Beta | 0.27 |
Taranis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taranis Resources's current stock value. Our valuation model uses many indicators to compare Taranis Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taranis Resources competition to find correlations between indicators driving Taranis Resources's intrinsic value. More Info.Taranis Resources is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Taranis Resources' earnings, one of the primary drivers of an investment's value.Taranis Resources Systematic Risk
Taranis Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Taranis Resources 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Taranis Resources correlated with the market. If Beta is less than 0 Taranis Resources generally moves in the opposite direction as compared to the market. If Taranis Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Taranis Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Taranis Resources is generally in the same direction as the market. If Beta > 1 Taranis Resources moves generally in the same direction as, but more than the movement of the benchmark.
Taranis Resources November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Taranis Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Taranis Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Taranis Resources based on widely used predictive technical indicators. In general, we focus on analyzing Taranis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Taranis Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.58 | |||
| Information Ratio | 0.0582 | |||
| Maximum Drawdown | 53.25 | |||
| Value At Risk | (10.20) | |||
| Potential Upside | 17.39 |
Additional Tools for Taranis Stock Analysis
When running Taranis Resources' price analysis, check to measure Taranis Resources' 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 Taranis Resources is operating at the current time. Most of Taranis Resources' value examination focuses on studying past and present price action to predict the probability of Taranis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taranis Resources' price. Additionally, you may evaluate how the addition of Taranis Resources to your portfolios can decrease your overall portfolio volatility.