Waseco Resources Financials
| WRI Stock | CAD 0.02 0.01 33.33% |
Operating Margin (8.04) | Short Ratio 0.36 |
Waseco | Select Account or Indicator |
Understanding current and past Waseco Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Waseco Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Waseco Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Waseco Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Waseco Resources. Check Waseco Resources' Beneish M Score to see the likelihood of Waseco Resources' management manipulating its earnings.
Waseco Resources Stock Summary
Waseco Resources competes with Global X, Financial, Rubicon Organics, Amazon CDR, and First Trust. Waseco Resources Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties. It also holds interests in exploration prospects located in Ontario and Quebec, Canada and a gold prospect in Indonesia, as well as holds 5 percent interest in a diamond exploration project located in the Attawapiskat region of Northern Ontario. Waseco Resources operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | USA |
Specialization | Basic Materials, Other Precious Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA9369001099 |
| Business Address | 2 Queen Street |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.wasecoresources.com |
| Phone | 416 364 3123 |
| Currency | CAD - Canadian Dollar |
You should never invest in Waseco Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Waseco Stock, because this is throwing your money away. Analyzing the key information contained in Waseco Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Waseco Resources Key Financial Ratios
There are many critical financial ratios that Waseco Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Waseco Resources reports annually and quarterly.| Revenue | 3.08 K | |||
| Gross Profit | 3.73 K | |||
| Net Income | (50.84 K) | |||
| Total Asset | 7.41 K | |||
| Retained Earnings | (7.24 M) |
Waseco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Waseco Resources's current stock value. Our valuation model uses many indicators to compare Waseco Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Waseco Resources competition to find correlations between indicators driving Waseco Resources's intrinsic value. More Info.Waseco Resources is rated first in return on asset category among its peers. It is rated first in operating margin 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 Waseco Resources' earnings, one of the primary drivers of an investment's value.Waseco Resources Systematic Risk
Waseco Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Waseco 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Waseco Resources correlated with the market. If Beta is less than 0 Waseco Resources generally moves in the opposite direction as compared to the market. If Waseco Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Waseco Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Waseco Resources is generally in the same direction as the market. If Beta > 1 Waseco Resources moves generally in the same direction as, but more than the movement of the benchmark.
Waseco Resources Total Assets Over Time
Waseco Resources November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Waseco Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Waseco Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Waseco Resources based on widely used predictive technical indicators. In general, we focus on analyzing Waseco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Waseco Resources's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0491 | |||
| Maximum Drawdown | 83.33 |
Additional Tools for Waseco Stock Analysis
When running Waseco Resources' price analysis, check to measure Waseco 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 Waseco Resources is operating at the current time. Most of Waseco Resources' value examination focuses on studying past and present price action to predict the probability of Waseco Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waseco Resources' price. Additionally, you may evaluate how the addition of Waseco Resources to your portfolios can decrease your overall portfolio volatility.