Excelsior Mining Corp Stock Price To Earning
| MIN Stock | CAD 0.17 0.01 5.56% |
Excelsior Mining Corp fundamentals help investors to digest information that contributes to Excelsior Mining's financial success or failures. It also enables traders to predict the movement of Excelsior Stock. The fundamental analysis module provides a way to measure Excelsior Mining'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 Excelsior Mining stock.
Excelsior | Price To Earning |
Excelsior Mining Corp Company Price To Earning Analysis
Excelsior Mining's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Excelsior Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Excelsior Mining is extremely important. It helps to project a fair market value of Excelsior Stock properly, considering its historical fundamentals such as Price To Earning. Since Excelsior Mining'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 Excelsior Mining'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 Excelsior Mining's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Excelsior Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Excelsior Mining Corp has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Excelsior Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Excelsior Mining's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Excelsior Mining could also be used in its relative valuation, which is a method of valuing Excelsior Mining by comparing valuation metrics of similar companies.Excelsior Mining is currently under evaluation in price to earning category among its peers.
Excelsior Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Excelsior Mining from analyzing Excelsior Mining's financial statements. These drivers represent accounts that assess Excelsior Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Excelsior Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 182.7M | 208.1M | 86.3M | 32.0M | 30.7M | 44.3M | |
| Enterprise Value | 162.9M | 210.7M | 81.3M | 42.2M | 44.8M | 40.0M |
Excelsior Fundamentals
| Return On Equity | -4.96 | ||||
| Return On Asset | -0.0328 | ||||
| Operating Margin | (4.53) % | ||||
| Current Valuation | 62.45 M | ||||
| Shares Outstanding | 315.42 M | ||||
| Shares Owned By Insiders | 2.41 % | ||||
| Shares Owned By Institutions | 46.47 % | ||||
| Number Of Shares Shorted | 124.72 K | ||||
| Price To Book | 1.84 X | ||||
| Price To Sales | 30.41 X | ||||
| Revenue | 2.92 M | ||||
| Gross Profit | (1.09 M) | ||||
| EBITDA | (9.06 M) | ||||
| Net Income | (28.96 M) | ||||
| Cash And Equivalents | 5.6 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 20.27 M | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 2.98 X | ||||
| Book Value Per Share | (0.23) X | ||||
| Cash Flow From Operations | (10.66 M) | ||||
| Short Ratio | 0.84 X | ||||
| Earnings Per Share | (0.29) X | ||||
| Target Price | 0.29 | ||||
| Number Of Employees | 39 | ||||
| Beta | 2.78 | ||||
| Market Capitalization | 44.16 M | ||||
| Total Asset | 116.41 M | ||||
| Retained Earnings | (156.93 M) | ||||
| Working Capital | 3.95 M | ||||
| Net Asset | 116.41 M |
About Excelsior Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Excelsior Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Excelsior Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Excelsior Mining 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 Excelsior Mining
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 Excelsior Mining 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 Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Excelsior Stock
The ability to find closely correlated positions to Excelsior Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelsior Mining 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 Excelsior Mining - 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 Excelsior Mining Corp to buy it.
The correlation of Excelsior Mining 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 Excelsior Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior Mining 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 Excelsior Mining 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 Excelsior Stock
Excelsior Mining financial ratios help investors to determine whether Excelsior 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 Excelsior with respect to the benefits of owning Excelsior Mining security.