Nine Mile Financials
| VMSXF Stock | USD 0.03 0 5.31% |
Nine |
Understanding current and past Nine Mile Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nine Mile's financial statements are interrelated, with each one affecting the others. For example, an increase in Nine Mile's assets may result in an increase in income on the income statement.
Nine Mile Stock Summary
Nine Mile competes with Aurion Resources, Liberty Gold, Rio2, Orezone Gold, and Radisson Mining. Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. Nine Mile Metals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Nine Mile is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 1650 West 2nd |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.stevensgold.com |
| Currency | USD - US Dollar |
Nine Mile Key Financial Ratios
There are many critical financial ratios that Nine Mile's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nine Mile Metals reports annually and quarterly.| Return On Equity | -0.56 | |||
| Return On Asset | -0.34 | |||
| Beta | 0.17 |
Nine Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nine Mile's current stock value. Our valuation model uses many indicators to compare Nine Mile value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nine Mile competition to find correlations between indicators driving Nine Mile's intrinsic value. More Info.Nine Mile Metals is rated first in return on equity category among its peers. It is rated fifth 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 Nine Mile's earnings, one of the primary drivers of an investment's value.Nine Mile Metals Systematic Risk
Nine Mile's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nine Mile 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 Nine Mile Metals correlated with the market. If Beta is less than 0 Nine Mile generally moves in the opposite direction as compared to the market. If Nine Mile Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nine Mile Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nine Mile is generally in the same direction as the market. If Beta > 1 Nine Mile moves generally in the same direction as, but more than the movement of the benchmark.
Nine Mile November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nine Mile help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nine Mile Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nine Mile Metals based on widely used predictive technical indicators. In general, we focus on analyzing Nine Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nine Mile's daily price indicators and compare them against related drivers.
| Downside Deviation | 11.79 | |||
| Information Ratio | 0.0252 | |||
| Maximum Drawdown | 61.9 | |||
| Value At Risk | (17.32) | |||
| Potential Upside | 32.4 |
Complementary Tools for Nine Pink Sheet analysis
When running Nine Mile's price analysis, check to measure Nine Mile'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 Nine Mile is operating at the current time. Most of Nine Mile's value examination focuses on studying past and present price action to predict the probability of Nine Mile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Mile's price. Additionally, you may evaluate how the addition of Nine Mile to your portfolios can decrease your overall portfolio volatility.
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