Nevada Canyon Gold Stock Net Income
| NGLD Stock | USD 0.65 0.05 8.33% |
Fundamental analysis of Nevada Canyon allows traders to better anticipate movements in Nevada Canyon's stock price by examining its financial health and performance throughout various phases of its business cycle.
Nevada |
Nevada Canyon Gold OTC Stock Net Income Analysis
Nevada Canyon'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 Nevada Canyon Net Income | (692.57 K) |
Most of Nevada Canyon'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, Nevada Canyon Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the recorded statements, Nevada Canyon Gold reported net income of (692,571). This is 94.25% lower than that of the Basic Materials sector and 99.5% lower than that of the Gold industry. The net income for all United States stocks is 100.12% higher than that of the company.
Nevada Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevada Canyon's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nevada Canyon could also be used in its relative valuation, which is a method of valuing Nevada Canyon by comparing valuation metrics of similar companies.Nevada Canyon is currently under evaluation in net income category among its peers.
Nevada Fundamentals
| Return On Equity | -5.65 | |||
| Return On Asset | -0.3 | |||
| Current Valuation | 6.28 M | |||
| Shares Outstanding | 8.69 M | |||
| Shares Owned By Insiders | 82.90 % | |||
| Price To Earning | 12.83 X | |||
| Price To Book | 25.52 X | |||
| EBITDA | (687.63 K) | |||
| Net Income | (692.57 K) | |||
| Cash And Equivalents | 1.42 M | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 690.12 K | |||
| Debt To Equity | 2.70 % | |||
| Current Ratio | 0.74 X | |||
| Book Value Per Share | (0.08) X | |||
| Cash Flow From Operations | (222.23 K) | |||
| Earnings Per Share | (0.09) X | |||
| Beta | 0.13 | |||
| Market Capitalization | 4.87 M | |||
| Total Asset | 2.03 M | |||
| Z Score | 4.2 | |||
| Net Asset | 2.03 M |
About Nevada Canyon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevada Canyon Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevada Canyon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevada Canyon Gold based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nevada OTC Stock
Nevada Canyon financial ratios help investors to determine whether Nevada OTC 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 Nevada with respect to the benefits of owning Nevada Canyon security.