Labrador Gold Corp Stock Fundamentals
| LAB Stock | CAD 0.06 0.01 8.33% |
Labrador Gold Corp fundamentals help investors to digest information that contributes to Labrador Gold's financial success or failures. It also enables traders to predict the movement of Labrador Stock. The fundamental analysis module provides a way to measure Labrador 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 Labrador Gold stock.
At this time, Labrador Gold's Selling General Administrative is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 399.1 K in 2024, whereas Net Loss is likely to drop (753 K) in 2024. Labrador | Select Account or Indicator |
Labrador Gold Corp Company Return On Asset Analysis
Labrador Gold's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Labrador Gold Return On Asset | -0.0124 |
Most of Labrador Gold's fundamental indicators, such as Return On Asset, 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, Labrador Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Labrador Total Assets
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Based on the latest financial disclosure, Labrador Gold Corp has a Return On Asset of -0.0124. This is 101.68% lower than that of the Metals & Mining sector and 58.67% lower than that of the Materials industry. The return on asset for all Canada stocks is 91.14% lower than that of the firm.
Labrador Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Labrador Gold's current stock value. Our valuation model uses many indicators to compare Labrador Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Labrador Gold competition to find correlations between indicators driving Labrador Gold's intrinsic value. More Info.Labrador Gold Corp is rated third overall in return on equity category among its peers. It is currently regarded as number one stock 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 Labrador Gold's earnings, one of the primary drivers of an investment's value.Labrador Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Labrador Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Labrador Gold could also be used in its relative valuation, which is a method of valuing Labrador Gold by comparing valuation metrics of similar companies.Labrador Gold is currently under evaluation in return on asset category among its peers.
Labrador Fundamentals
| Return On Equity | -0.0107 | ||||
| Return On Asset | -0.0124 | ||||
| Current Valuation | 2.81 M | ||||
| Shares Outstanding | 170.01 M | ||||
| Shares Owned By Insiders | 13.47 % | ||||
| Number Of Shares Shorted | 7.88 K | ||||
| Price To Earning | 21.25 X | ||||
| Price To Book | 0.21 X | ||||
| EBITDA | (960.19 K) | ||||
| Net Income | (796.85 K) | ||||
| Cash And Equivalents | 846.74 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.82 M | ||||
| Debt To Equity | 3.12 % | ||||
| Book Value Per Share | 0.28 X | ||||
| Cash Flow From Operations | (476.11 K) | ||||
| Short Ratio | 0.05 X | ||||
| Target Price | 0.75 | ||||
| Beta | 1.51 | ||||
| Market Capitalization | 9.35 M | ||||
| Total Asset | 50.45 M | ||||
| Retained Earnings | (17.43 M) | ||||
| Working Capital | 9.64 M | ||||
| Net Asset | 50.45 M |
About Labrador Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Labrador Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Labrador Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Labrador Gold Corp 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 Reported | Projected for Next Year | ||
| Cost Of Revenue | 20.6 K | 21.6 K |
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Additional Tools for Labrador Stock Analysis
When running Labrador Gold's price analysis, check to measure Labrador 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 Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador 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 Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.