Clarity Gold Corp Stock Fundamentals
| CLGCF Stock | USD 0.03 0 15.38% |
Clarity Gold Corp fundamentals help investors to digest information that contributes to Clarity Gold's financial success or failures. It also enables traders to predict the movement of Clarity Pink Sheet. The fundamental analysis module provides a way to measure Clarity 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 Clarity Gold pink sheet.
Clarity |
Clarity Gold Corp Company Shares Outstanding Analysis
Clarity Gold's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Clarity Gold Shares Outstanding | 42.14 M |
Most of Clarity Gold's fundamental indicators, such as Shares Outstanding, 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, Clarity Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Clarity Gold Corp has 42.14 M of shares currently outstending. This is 93.14% lower than that of the Basic Materials sector and 88.3% lower than that of the Gold industry. The shares outstanding for all United States stocks is 92.63% higher than that of the company.
Clarity Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Clarity Gold's current stock value. Our valuation model uses many indicators to compare Clarity Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Clarity Gold competition to find correlations between indicators driving Clarity Gold's intrinsic value. More Info.Clarity Gold Corp is rated fourth in return on equity category among its peers. It also is rated fourth 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 Clarity Gold's earnings, one of the primary drivers of an investment's value.Clarity Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clarity Gold's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Clarity Gold could also be used in its relative valuation, which is a method of valuing Clarity Gold by comparing valuation metrics of similar companies.Clarity Gold is currently under evaluation in shares outstanding category among its peers.
Clarity Fundamentals
| Return On Equity | -0.47 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 1.32 M | |||
| Shares Outstanding | 42.14 M | |||
| Shares Owned By Insiders | 9.70 % | |||
| Shares Owned By Institutions | 0.53 % | |||
| Price To Book | 1.75 X | |||
| EBITDA | (6.49 M) | |||
| Net Income | (6.52 M) | |||
| Cash And Equivalents | 2.31 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 7.08 K | |||
| Current Ratio | 4.61 X | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (4.62 M) | |||
| Earnings Per Share | (0.14) X | |||
| Beta | 2.54 | |||
| Market Capitalization | 8.58 M | |||
| Total Asset | 3.5 M | |||
| Net Asset | 3.5 M |
About Clarity Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clarity Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clarity Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clarity Gold 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.Clarity Gold Corp. engages in the exploration of mineral properties in Canada. Clarity Gold Corp. was incorporated in 2019 and is headquartered in Vancouver, Canada. CLARITY GOLD is traded on OTC Exchange in the United States.
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Other Information on Investing in Clarity Pink Sheet
Clarity Gold financial ratios help investors to determine whether Clarity 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 Clarity with respect to the benefits of owning Clarity Gold security.