Durango Resources Stock Net Income

DGO Stock  CAD 0.02  0.01  20.00%   
Durango Resources fundamentals help investors to digest information that contributes to Durango Resources' financial success or failures. It also enables traders to predict the movement of Durango Stock. The fundamental analysis module provides a way to measure Durango Resources' 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 Durango Resources stock.
Last ReportedProjected for Next Year
Net Loss-259.8 K-272.8 K
Net Loss-259.8 K-272.8 K
Net Loss-2.1 M-2 M
Net Income Per E B T 0.88  0.68 
Net Loss is likely to drop to about (272.8 K) in 2024. Net Loss is likely to drop to about (272.8 K) in 2024.
  
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Durango Resources Company Net Income Analysis

Durango Resources' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Durango Resources Net Income

    
  (288.7 K)  
Most of Durango Resources' fundamental indicators, such as Net Income, 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, Durango Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Durango Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Durango Resources is extremely important. It helps to project a fair market value of Durango Stock properly, considering its historical fundamentals such as Net Income. Since Durango Resources' 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 Durango Resources' 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 Durango Resources' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Durango Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(216,000)

At this time, Durango Resources' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Durango Resources reported net income of (288,698). This is 97.6% lower than that of the Metals & Mining sector and 100.02% lower than that of the Materials industry. The net income for all Canada stocks is 100.05% higher than that of the company.

Durango Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Durango Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Durango Resources could also be used in its relative valuation, which is a method of valuing Durango Resources by comparing valuation metrics of similar companies.
Durango Resources is currently under evaluation in net income category among its peers.

Durango Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Durango Resources from analyzing Durango Resources' financial statements. These drivers represent accounts that assess Durango Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Durango Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap6.5M4.7M5.8M3.6M3.2M2.0M
Enterprise Value6.1M4.4M5.6M3.0M2.7M1.8M

Durango Fundamentals

About Durango Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Durango Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Durango Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Durango Resources 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.

Thematic Opportunities

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Additional Tools for Durango Stock Analysis

When running Durango Resources' price analysis, check to measure Durango 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.