Montage Gold Corp Stock Net Income
| MAU Stock | 9.98 0.13 1.32% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Montage Gold's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -67.8 M | -64.4 M | |
| Net Loss | -49.3 M | -46.8 M | |
| Net Loss | (0.25) | (0.26) | |
| Net Income Per E B T | 0.90 | 0.81 |
Montage | Net Income |
Montage Gold Corp Company Net Income Analysis
Montage 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.
Current Montage Gold Net Income | (67.77 M) |
Most of Montage 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, Montage Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Montage Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Montage Gold is extremely important. It helps to project a fair market value of Montage Stock properly, considering its historical fundamentals such as Net Income. Since Montage 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 Montage 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 Montage Gold's interrelated accounts and indicators.
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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 |
Montage Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Montage Gold Corp reported net income of (67.77 Million). This is much higher than that of the Basic Materials sector and 51.11% lower than that of the Gold industry. The net income for all Canada stocks is 111.87% higher than that of the company.
Montage Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Montage 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 Montage Gold could also be used in its relative valuation, which is a method of valuing Montage Gold by comparing valuation metrics of similar companies.Montage Gold is currently under evaluation in net income category among its peers.
Montage Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Montage Gold from analyzing Montage Gold's financial statements. These drivers represent accounts that assess Montage Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Montage Gold's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 40.5M | 73.0M | 67.2M | 75.0M | 67.5M | 54.3M | |
| Enterprise Value | 30.9M | 40.3M | 57.4M | 67.0M | 77.1M | 61.4M |
Montage Fundamentals
| Return On Equity | -79.06 | ||||
| EBITDA | (68.47 M) | ||||
| Net Income | (67.77 M) | ||||
| Cash And Equivalents | 115.32 M | ||||
| Total Debt | 553 K | ||||
| Cash Flow From Operations | (45.77 M) | ||||
| Earnings Per Share | (0.30) X | ||||
| Market Capitalization | 1.63 B | ||||
| Total Asset | 368.4 M | ||||
| Retained Earnings | (146.43 M) | ||||
| Net Asset | 368.4 M |
About Montage Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Montage Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Montage Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Montage 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.
Pair Trading with Montage 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 Montage 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 Montage Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Montage Stock
| 0.92 | ABX | Barrick Gold Corp | PairCorr |
| 0.73 | WPM | Wheaton Precious Metals | PairCorr |
| 0.87 | K | Kinross Gold Corp | PairCorr |
Moving against Montage Stock
The ability to find closely correlated positions to Montage 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 Montage 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 Montage 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 Montage Gold Corp to buy it.
The correlation of Montage 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 Montage Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Montage 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 Montage 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 Montage Stock
Montage Gold financial ratios help investors to determine whether Montage 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 Montage with respect to the benefits of owning Montage Gold security.