Galane Gold Stock Net Income

GG Stock  CAD 0.32  0.03  8.57%   
Galane Gold fundamentals help investors to digest information that contributes to Galane Gold's financial success or failures. It also enables traders to predict the movement of Galane Stock. The fundamental analysis module provides a way to measure Galane 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 Galane Gold stock.
Last ReportedProjected for Next Year
Net Loss-2.1 M-2.3 M
Net Loss-2.1 M-2.3 M
Net Loss-4.5 M-4.8 M
Net Loss(0.03)(0.03)
Net Income Per E B T 1.00  1.05 
Net Income Per E B T is likely to climb to 1.05 in 2024, whereas Net Loss is likely to drop (2.3 M) in 2024.
  
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Galane Gold Company Net Income Analysis

Galane Gold's 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 Galane Gold Net Income

    
  (2.15 M)  
Most of Galane Gold's 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, Galane Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Galane Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Galane Gold is extremely important. It helps to project a fair market value of Galane Stock properly, considering its historical fundamentals such as Net Income. Since Galane Gold's 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 Galane Gold's 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 Galane Gold's 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

Galane Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

2.62 Million

At this time, Galane Gold's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Galane Gold reported net income of (2.15 Million). This is 82.14% lower than that of the Metals & Mining sector and 98.45% lower than that of the Materials industry. The net income for all Canada stocks is 100.38% higher than that of the company.

Galane Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Galane Gold's 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 Galane Gold could also be used in its relative valuation, which is a method of valuing Galane Gold by comparing valuation metrics of similar companies.
Galane Gold is currently under evaluation in net income category among its peers.

Galane Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Galane Gold from analyzing Galane Gold's financial statements. These drivers represent accounts that assess Galane Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Galane Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap15.5M42.1M28.9M16.3M8.6M13.8M
Enterprise Value32.5M52.8M30.3M18.7M13.0M17.1M

Galane Fundamentals

About Galane Gold Fundamental Analysis

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

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