Apollo Silver Corp Stock Short Ratio
| APGO Stock | CAD 0.22 0.01 4.76% |
Apollo Silver Corp fundamentals help investors to digest information that contributes to Apollo Silver's financial success or failures. It also enables traders to predict the movement of Apollo Stock. The fundamental analysis module provides a way to measure Apollo Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Apollo Silver stock.
Apollo | Short Ratio |
Apollo Silver Corp Company Short Ratio Analysis
Apollo Silver's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Apollo Silver Short Ratio | 0.18 X |
Most of Apollo Silver's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Apollo Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Apollo Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Apollo Silver is extremely important. It helps to project a fair market value of Apollo Stock properly, considering its historical fundamentals such as Short Ratio. Since Apollo Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Apollo Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Apollo Silver's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Apollo Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Apollo Silver Corp has a Short Ratio of 0.18 times. This is 95.5% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all Canada stocks is 95.5% higher than that of the company.
Apollo Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Apollo Silver's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Apollo Silver could also be used in its relative valuation, which is a method of valuing Apollo Silver by comparing valuation metrics of similar companies.Apollo Silver is currently under evaluation in short ratio category among its peers.
Apollo Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Apollo Silver from analyzing Apollo Silver's financial statements. These drivers represent accounts that assess Apollo Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Apollo Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.3M | 65.3M | 34.1M | 24.4M | 22.0M | 23.1M | |
| Enterprise Value | 17.2M | 49.8M | 25.0M | 21.0M | 18.9M | 19.9M |
Apollo Fundamentals
| Return On Equity | -0.0528 | ||||
| Return On Asset | -0.0333 | ||||
| Current Valuation | 50.08 M | ||||
| Shares Outstanding | 242.19 M | ||||
| Shares Owned By Insiders | 3.74 % | ||||
| Shares Owned By Institutions | 8.05 % | ||||
| Number Of Shares Shorted | 95.86 K | ||||
| Price To Book | 26.62 X | ||||
| Gross Profit | (195.35 K) | ||||
| EBITDA | (4.31 M) | ||||
| Net Income | (4.15 M) | ||||
| Cash And Equivalents | 5.8 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 155.68 K | ||||
| Current Ratio | 50.34 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (5.68 M) | ||||
| Short Ratio | 0.18 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 0.35 | ||||
| Beta | 6.77 | ||||
| Market Capitalization | 52.07 M | ||||
| Total Asset | 3.91 M | ||||
| Retained Earnings | (103 M) | ||||
| Working Capital | 7.41 M | ||||
| Net Asset | 3.91 M |
About Apollo Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Apollo Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apollo Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apollo Silver Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Apollo Stock Analysis
When running Apollo Silver's price analysis, check to measure Apollo Silver'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 Apollo Silver is operating at the current time. Most of Apollo Silver's value examination focuses on studying past and present price action to predict the probability of Apollo Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Silver's price. Additionally, you may evaluate how the addition of Apollo Silver to your portfolios can decrease your overall portfolio volatility.