Magna Terra Minerals Stock Short Ratio
MTT Stock | CAD 0.02 0.01 33.33% |
Magna Terra Minerals fundamentals help investors to digest information that contributes to Magna Terra's financial success or failures. It also enables traders to predict the movement of Magna Stock. The fundamental analysis module provides a way to measure Magna Terra'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 Magna Terra stock.
Magna | Short Ratio |
Magna Terra Minerals Company Short Ratio Analysis
Magna Terra's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Magna Terra Short Ratio | 0.31 X |
Most of Magna Terra's fundamental indicators, such as Short Ratio, 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, Magna Terra Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Magna Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Magna Terra is extremely important. It helps to project a fair market value of Magna Stock properly, considering its historical fundamentals such as Short Ratio. Since Magna Terra'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 Magna Terra'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 Magna Terra's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Magna Price To Sales Ratio
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Based on the latest financial disclosure, Magna Terra Minerals has a Short Ratio of 0.31 times. This is 92.25% lower than that of the Metals & Mining sector and 93.69% lower than that of the Materials industry. The short ratio for all Canada stocks is 92.25% higher than that of the company.
Magna Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magna Terra's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magna Terra could also be used in its relative valuation, which is a method of valuing Magna Terra by comparing valuation metrics of similar companies.Magna Terra is currently under evaluation in short ratio category among its peers.
Magna Terra Current Valuation Drivers
We derive many important indicators used in calculating different scores of Magna Terra from analyzing Magna Terra's financial statements. These drivers represent accounts that assess Magna Terra's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Magna Terra's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 14.3M | 6.7M | 3.2M | 2.0M | 1.8M | 3.1M | |
Enterprise Value | 10.7M | 7.0M | 3.1M | 2.0M | 1.8M | 2.8M |
Magna Fundamentals
Return On Equity | -0.21 | ||||
Return On Asset | -1.4 | ||||
Current Valuation | 1.55 M | ||||
Shares Outstanding | 83.12 M | ||||
Shares Owned By Insiders | 31.70 % | ||||
Number Of Shares Shorted | 1.81 K | ||||
Price To Book | 90.59 X | ||||
EBITDA | (1.08 M) | ||||
Net Income | (968.59 K) | ||||
Cash And Equivalents | 55.16 K | ||||
Total Debt | 889.83 K | ||||
Debt To Equity | 4.80 % | ||||
Current Ratio | 0.08 X | ||||
Book Value Per Share | (0.01) X | ||||
Cash Flow From Operations | (425.18 K) | ||||
Short Ratio | 0.31 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | 1.34 | ||||
Market Capitalization | 1.66 M | ||||
Total Asset | 180.63 K | ||||
Retained Earnings | (14.63 M) | ||||
Working Capital | (709.2 K) | ||||
Net Asset | 180.63 K |
About Magna Terra Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magna Terra Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magna Terra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magna Terra Minerals 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.
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Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Magna Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.