Meridian Mining Uk Stock Net Income
| MNO Stock | 1.65 0.01 0.61% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Meridian Mining's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -18.2 M | -17.3 M | |
| Net Loss | -33.8 M | -32.1 M | |
| Net Loss | -18.2 M | -19.1 M | |
| Net Loss | (0.06) | (0.07) | |
| Net Income Per E B T | 0.98 | 0.99 |
Meridian | Net Income |
Meridian Mining UK Company Net Income Analysis
Meridian Mining'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 Meridian Mining Net Income | (18.23 M) |
Most of Meridian Mining'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, Meridian Mining UK is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Meridian Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Meridian Mining is extremely important. It helps to project a fair market value of Meridian Stock properly, considering its historical fundamentals such as Net Income. Since Meridian 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 Meridian 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 Meridian Mining's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Meridian Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Meridian Mining UK reported net income of (18.23 Million). This is 51.52% higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 103.19% higher than that of the company.
Meridian Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meridian Mining'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 Meridian Mining could also be used in its relative valuation, which is a method of valuing Meridian Mining by comparing valuation metrics of similar companies.Meridian Mining is currently under evaluation in net income category among its peers.
Meridian Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Meridian Mining from analyzing Meridian Mining's financial statements. These drivers represent accounts that assess Meridian Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Meridian Mining's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 17.1M | 117.6M | 48.2M | 65.6M | 76.4M | 80.3M | |
| Enterprise Value | 12.6M | 108.5M | 42.0M | 58.5M | 68.7M | 72.2M |
Meridian Fundamentals
| Return On Equity | -0.62 | ||||
| Return On Asset | -0.27 | ||||
| Current Valuation | 624.78 M | ||||
| Shares Outstanding | 419.35 M | ||||
| Shares Owned By Insiders | 21.74 % | ||||
| Shares Owned By Institutions | 29.21 % | ||||
| Number Of Shares Shorted | 977.89 K | ||||
| Price To Book | 10.53 X | ||||
| Price To Sales | 367.10 X | ||||
| Gross Profit | (64.75 K) | ||||
| EBITDA | (18 M) | ||||
| Net Income | (18.23 M) | ||||
| Total Debt | 2.04 M | ||||
| Book Value Per Share | 0.16 X | ||||
| Cash Flow From Operations | (12.12 M) | ||||
| Short Ratio | 2.49 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 2.7 | ||||
| Beta | 1.33 | ||||
| Market Capitalization | 687.74 M | ||||
| Total Asset | 11.23 M | ||||
| Retained Earnings | (143.41 M) | ||||
| Working Capital | 6.05 M | ||||
| Net Asset | 11.23 M |
About Meridian Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Meridian Mining UK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meridian Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meridian Mining UK 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 Meridian 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 Meridian 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 Meridian Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Meridian Stock
Moving against Meridian Stock
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| 0.4 | NVDA | NVIDIA CDR | PairCorr |
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The ability to find closely correlated positions to Meridian 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 Meridian 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 Meridian 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 Meridian Mining UK to buy it.
The correlation of Meridian 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 Meridian Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meridian Mining UK 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 Meridian 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 Meridian Stock
Meridian Mining financial ratios help investors to determine whether Meridian 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 Meridian with respect to the benefits of owning Meridian Mining security.