Granada Gold Mine Stock Fundamentals

GGM Stock  CAD 0.03  0.01  16.67%   
Granada Gold Mine fundamentals help investors to digest information that contributes to Granada Gold's financial success or failures. It also enables traders to predict the movement of Granada Stock. The fundamental analysis module provides a way to measure Granada 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 Granada Gold stock.
At this time, Granada Gold's Selling General Administrative is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 3.6 M in 2024, whereas Operating Income is likely to drop (2.3 M) in 2024.
  
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Granada Gold Mine Company Shares Outstanding Analysis

Granada 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.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Granada Gold Shares Outstanding

    
  164.56 M  
Most of Granada 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, Granada Gold Mine is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Granada Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Granada Gold is extremely important. It helps to project a fair market value of Granada Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Granada 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 Granada 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 Granada Gold's interrelated accounts and indicators.
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

Granada Common Stock Shares Outstanding

Common Stock Shares Outstanding

181.78 Million

At this time, Granada Gold's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Granada Gold Mine has 164.56 M of shares currently outstending. This is 73.21% lower than that of the Metals & Mining sector and 54.32% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 71.22% higher than that of the company.

Granada Gold Mine Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Granada Gold's current stock value. Our valuation model uses many indicators to compare Granada Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Granada Gold competition to find correlations between indicators driving Granada Gold's intrinsic value. More Info.
Granada Gold Mine is rated # 5 in return on asset category among its peers. It is rated # 3 in current valuation 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 Granada Gold's earnings, one of the primary drivers of an investment's value.

Granada Shares Outstanding Peer Comparison

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

Granada Gold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Granada Gold from analyzing Granada Gold's financial statements. These drivers represent accounts that assess Granada Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Granada Gold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.2M16.1M4.8M4.5M3.9M7.2M
Enterprise Value15.5M17.7M5.8M5.8M5.3M7.5M

Granada Fundamentals

About Granada Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granada Gold Mine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granada Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granada Gold Mine 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.
Last ReportedProjected for Next Year
Cost Of Revenue-3.5 K-3.3 K

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Granada Stock Analysis

When running Granada Gold's price analysis, check to measure Granada 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 Granada Gold is operating at the current time. Most of Granada Gold's value examination focuses on studying past and present price action to predict the probability of Granada 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 Granada Gold's price. Additionally, you may evaluate how the addition of Granada Gold to your portfolios can decrease your overall portfolio volatility.