Argo Gold Stock Price To Earning
ARBTF Stock | USD 0.04 0 3.23% |
Argo Gold fundamentals help investors to digest information that contributes to Argo Gold's financial success or failures. It also enables traders to predict the movement of Argo Pink Sheet. The fundamental analysis module provides a way to measure Argo Gold'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 Argo Gold pink sheet.
Argo |
Argo Gold Company Price To Earning Analysis
Argo Gold's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Argo Gold Price To Earning | (5.42) X |
Most of Argo Gold's fundamental indicators, such as Price To Earning, 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, Argo Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, Argo Gold has a Price To Earning of -5.42 times. This is 105.17% lower than that of the Basic Materials sector and 125.78% lower than that of the Gold industry. The price to earning for all United States stocks is 118.87% higher than that of the company.
Argo Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Argo Gold's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Argo Gold could also be used in its relative valuation, which is a method of valuing Argo Gold by comparing valuation metrics of similar companies.Argo Gold is currently under evaluation in price to earning category among its peers.
Argo Fundamentals
Return On Equity | -0.91 | |||
Return On Asset | -0.31 | |||
Current Valuation | 4.4 M | |||
Shares Outstanding | 65.99 M | |||
Shares Owned By Insiders | 24.70 % | |||
Price To Earning | (5.42) X | |||
Price To Book | 7.56 X | |||
EBITDA | (1.9 M) | |||
Net Income | (2.18 M) | |||
Cash And Equivalents | 509.4 K | |||
Cash Per Share | 0.01 X | |||
Current Ratio | 3.08 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (1.98 M) | |||
Earnings Per Share | (0.02) X | |||
Number Of Employees | 14 | |||
Beta | 0.91 | |||
Market Capitalization | 4.94 M | |||
Total Asset | 2.14 M | |||
Net Asset | 2.14 M |
About Argo Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Argo Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Argo Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Argo Gold 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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Other Information on Investing in Argo Pink Sheet
Argo Gold financial ratios help investors to determine whether Argo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Argo with respect to the benefits of owning Argo Gold security.