Ngex Minerals Stock Fundamentals
NGXXF Stock | USD 8.93 0.11 1.22% |
NGEx Minerals fundamentals help investors to digest information that contributes to NGEx Minerals' financial success or failures. It also enables traders to predict the movement of NGEx OTC Stock. The fundamental analysis module provides a way to measure NGEx Minerals' 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 NGEx Minerals otc stock.
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NGEx Minerals OTC Stock Return On Equity Analysis
NGEx Minerals' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NGEx Minerals Return On Equity | -20.54 |
Most of NGEx Minerals' fundamental indicators, such as Return On Equity, 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, NGEx Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, NGEx Minerals has a Return On Equity of -20.5395. This is 2357.09% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is notably higher than that of the company.
NGEx Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NGEx Minerals's current stock value. Our valuation model uses many indicators to compare NGEx Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NGEx Minerals competition to find correlations between indicators driving NGEx Minerals's intrinsic value. More Info.NGEx Minerals is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock 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 NGEx Minerals' earnings, one of the primary drivers of an investment's value.Did you try this?
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NGEx Fundamentals
Return On Equity | -20.54 | |||
Return On Asset | -3.51 | |||
Current Valuation | 369.47 M | |||
Shares Outstanding | 172.04 M | |||
Shares Owned By Insiders | 35.75 % | |||
Shares Owned By Institutions | 1.13 % | |||
Price To Book | 413.79 X | |||
EBITDA | (5.31 M) | |||
Net Income | (5.46 M) | |||
Cash And Equivalents | 6.83 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 2.69 M | |||
Debt To Equity | 2.06 % | |||
Current Ratio | 1.54 X | |||
Book Value Per Share | 0.01 X | |||
Cash Flow From Operations | (4.03 M) | |||
Earnings Per Share | (0.07) X | |||
Beta | 1.95 | |||
Market Capitalization | 397.5 M | |||
Total Asset | 25.73 M | |||
Z Score | 88.2 | |||
Net Asset | 25.73 M |
About NGEx Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NGEx Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NGEx Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NGEx Minerals 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.NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. The company was incorporated in 2019 and is headquartered in Vancouver, Canada. Ngex Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in NGEx OTC Stock
NGEx Minerals financial ratios help investors to determine whether NGEx 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 NGEx with respect to the benefits of owning NGEx Minerals security.