Medgold Resources Corp Stock Fundamentals

Fundamental analysis of Medgold Resources allows traders to better anticipate movements in Medgold Resources' stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Medgold Resources Corp Company Return On Asset Analysis

Medgold Resources' 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Medgold Resources Return On Asset

    
  -1.01  
Most of Medgold Resources' 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, Medgold Resources 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.
Competition

Based on the latest financial disclosure, Medgold Resources Corp has a Return On Asset of -1.0082. This is 236.24% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on asset for all United States stocks is notably higher than that of the company.

Medgold Resources Corp Fundamental Drivers Relationships

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

Medgold Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Medgold Resources' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Medgold Resources could also be used in its relative valuation, which is a method of valuing Medgold Resources by comparing valuation metrics of similar companies.
Medgold Resources is currently under evaluation in return on asset category among its peers.

Medgold Fundamentals

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Medgold Pink Sheet

If you are still planning to invest in Medgold Resources Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Medgold Resources' history and understand the potential risks before investing.
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