Gold79 Mines Stock Number Of Shares Shorted
AUU Stock | CAD 0.32 0.01 3.23% |
Gold79 Mines fundamentals help investors to digest information that contributes to Gold79 Mines' financial success or failures. It also enables traders to predict the movement of Gold79 Stock. The fundamental analysis module provides a way to measure Gold79 Mines' 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 Gold79 Mines stock.
Gold79 | Number Of Shares Shorted |
Gold79 Mines Company Number Of Shares Shorted Analysis
Gold79 Mines' Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Gold79 Mines Number Of Shares Shorted | 24 |
Most of Gold79 Mines' fundamental indicators, such as Number Of Shares Shorted, 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, Gold79 Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gold79 Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Gold79 Mines is extremely important. It helps to project a fair market value of Gold79 Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Gold79 Mines' 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 Gold79 Mines' 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 Gold79 Mines' interrelated accounts and indicators.
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If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Competition |
Based on the recorded statements, Gold79 Mines has 24.0 of outstending shares currently sold short by investors. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The number of shares shorted for all Canada stocks is 100.0% higher than that of the company.
Gold79 Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gold79 Mines' direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gold79 Mines could also be used in its relative valuation, which is a method of valuing Gold79 Mines by comparing valuation metrics of similar companies.Gold79 Mines is currently under evaluation in number of shares shorted category among its peers.
Gold79 Fundamentals
Return On Equity | -0.0824 | |||
Return On Asset | -0.045 | |||
Current Valuation | 13.57 M | |||
Shares Outstanding | 44.31 M | |||
Shares Owned By Insiders | 8.48 % | |||
Shares Owned By Institutions | 1.91 % | |||
Number Of Shares Shorted | 24 | |||
Price To Earning | (35.00) X | |||
Price To Book | 1.87 X | |||
Gross Profit | (960) | |||
EBITDA | (656.52 K) | |||
Net Income | (420.38 K) | |||
Cash And Equivalents | 150.42 K | |||
Total Debt | 195.83 K | |||
Current Ratio | 0.45 X | |||
Book Value Per Share | 0.26 X | |||
Cash Flow From Operations | (270.23 K) | |||
Short Ratio | 0.19 X | |||
Earnings Per Share | (0.03) X | |||
Beta | 2.15 | |||
Market Capitalization | 14.18 M | |||
Total Asset | 5.07 M | |||
Retained Earnings | (20.94 M) | |||
Working Capital | (65.55 K) | |||
Net Asset | 5.07 M |
About Gold79 Mines Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gold79 Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gold79 Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gold79 Mines 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.
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Additional Tools for Gold79 Stock Analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' 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 Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.