Eloro Resources Stock Fundamentals

ELRRF Stock  USD 0.57  0.02  3.39%   
Eloro Resources fundamentals help investors to digest information that contributes to Eloro Resources' financial success or failures. It also enables traders to predict the movement of Eloro OTC Stock. The fundamental analysis module provides a way to measure Eloro 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 Eloro Resources otc stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eloro Resources OTC Stock Shares Outstanding Analysis

Eloro Resources' 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.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current Eloro Resources Shares Outstanding

    
  73.5 M  
Most of Eloro Resources' 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, Eloro Resources 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, Eloro Resources has 73.5 M of shares currently outstending. This is 88.04% lower than that of the Basic Materials sector and 79.6% lower than that of the Gold industry. The shares outstanding for all United States stocks is 87.15% higher than that of the company.

Eloro Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eloro Resources's current stock value. Our valuation model uses many indicators to compare Eloro Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eloro Resources competition to find correlations between indicators driving Eloro Resources's intrinsic value. More Info.
Eloro Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks 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 Eloro Resources' earnings, one of the primary drivers of an investment's value.

Eloro Shares Outstanding Peer Comparison

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

Eloro Fundamentals

About Eloro Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eloro Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eloro Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eloro Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Eloro Resources Ltd. engages in the exploration and development of mineral properties. Eloro Resources Ltd. was incorporated in 1975 and is headquartered in Toronto, Canada. Eloro Resources operates under Gold classification in the United States and is traded on OTC Exchange.

Currently Active Assets on Macroaxis

Other Information on Investing in Eloro OTC Stock

Eloro Resources financial ratios help investors to determine whether Eloro OTC Stock 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 Eloro with respect to the benefits of owning Eloro Resources security.