Fortitude Gold Corp Stock Fundamentals
| FTCO Stock | USD 5.45 0.15 2.83% |
Fortitude Gold Corp fundamentals help investors to digest information that contributes to Fortitude Gold's financial success or failures. It also enables traders to predict the movement of Fortitude OTC Stock. The fundamental analysis module provides a way to measure Fortitude 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 Fortitude Gold otc stock.
Fortitude |
Fortitude Gold Corp OTC Stock Profit Margin Analysis
Fortitude Gold's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Fortitude Gold Profit Margin | 0.19 % |
Most of Fortitude Gold's fundamental indicators, such as Profit Margin, 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, Fortitude Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Fortitude Gold Corp has a Profit Margin of 0.1896%. This is 103.19% lower than that of the Basic Materials sector and 103.17% lower than that of the Gold industry. The profit margin for all United States stocks is 114.93% lower than that of the firm.
Fortitude Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortitude Gold's current stock value. Our valuation model uses many indicators to compare Fortitude Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortitude Gold competition to find correlations between indicators driving Fortitude Gold's intrinsic value. More Info.Fortitude Gold Corp 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 reporting about 0.92 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortitude Gold Corp is roughly 1.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortitude Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortitude Gold's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fortitude Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortitude Gold's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Fortitude Gold could also be used in its relative valuation, which is a method of valuing Fortitude Gold by comparing valuation metrics of similar companies.Fortitude Gold is currently under evaluation in profit margin category among its peers.
Fortitude Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fortitude Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fortitude Gold's managers, analysts, and investors.Environmental | Governance | Social |
Fortitude Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 95.77 M | |||
| Shares Outstanding | 24.02 M | |||
| Shares Owned By Insiders | 12.63 % | |||
| Shares Owned By Institutions | 3.81 % | |||
| Price To Earning | 10.27 X | |||
| Price To Book | 1.19 X | |||
| Price To Sales | 1.92 X | |||
| Revenue | 82.11 M | |||
| Gross Profit | 55.29 M | |||
| EBITDA | 34.65 M | |||
| Net Income | 17.87 M | |||
| Cash And Equivalents | 42.2 M | |||
| Cash Per Share | 1.76 X | |||
| Total Debt | 30 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 12.97 X | |||
| Book Value Per Share | 4.78 X | |||
| Cash Flow From Operations | 24.66 M | |||
| Earnings Per Share | 0.55 X | |||
| Number Of Employees | 68 | |||
| Market Capitalization | 153.52 M | |||
| Total Asset | 122.43 M | |||
| Annual Yield | 0.08 % | |||
| Net Asset | 122.43 M | |||
| Last Dividend Paid | 0.48 |
About Fortitude Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortitude Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortitude Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortitude Gold Corp 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.Fortitude Gold Corporation, a mining company, focuses on exploring gold and silver projects. The company was incorporated in 2020 and is headquartered in Colorado Springs, Colorado. FORTITUDE GOLD operates under Gold classification in the United States and is traded on OTC Exchange. It employs 68 people.
Pair Trading with Fortitude Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortitude Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortitude Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Fortitude OTC Stock
| 0.76 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.73 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.73 | BKRKY | Bank Rakyat | PairCorr |
| 0.67 | NCMGF | Newcrest Mining | PairCorr |
| 0.66 | NCMGY | Newcrest Mining | PairCorr |
The ability to find closely correlated positions to Fortitude Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortitude Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortitude Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortitude Gold Corp to buy it.
The correlation of Fortitude Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortitude Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortitude Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortitude Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Fortitude OTC Stock
Fortitude Gold financial ratios help investors to determine whether Fortitude 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 Fortitude with respect to the benefits of owning Fortitude Gold security.