Northern Minerals Exploration Stock Short Ratio
NMEX Stock | USD 0.18 0.02 12.50% |
Northern Minerals Exploration fundamentals help investors to digest information that contributes to Northern Minerals' financial success or failures. It also enables traders to predict the movement of Northern Pink Sheet. The fundamental analysis module provides a way to measure Northern 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 Northern Minerals pink sheet.
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Northern Minerals Exploration Company Short Ratio Analysis
Northern Minerals' 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.
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.
Competition |
Based on the latest financial disclosure, Northern Minerals Exploration has a Short Ratio of 0.0 times. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and about the same as Energy (which currently averages 0.0) industry. The short ratio for all United States stocks is 100.0% higher than that of the company.
Northern Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Minerals' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Northern Minerals could also be used in its relative valuation, which is a method of valuing Northern Minerals by comparing valuation metrics of similar companies.Northern Minerals is currently under evaluation in short ratio category among its peers.
Northern Fundamentals
Return On Asset | -8.83 | |||
Current Valuation | 5.48 M | |||
Shares Outstanding | 87.51 M | |||
Shares Owned By Insiders | 24.45 % | |||
Price To Earning | (3.90) X | |||
Price To Sales | 11,315 X | |||
Gross Profit | (1 K) | |||
EBITDA | (134.05 K) | |||
Net Income | (149.28 K) | |||
Cash And Equivalents | 23.98 K | |||
Total Debt | 84 K | |||
Debt To Equity | 91.90 % | |||
Current Ratio | 0.05 X | |||
Book Value Per Share | (0.01) X | |||
Cash Flow From Operations | (165.7 K) | |||
Earnings Per Share | (0) X | |||
Beta | 2.04 | |||
Market Capitalization | 15.75 M | |||
Total Asset | 25.81 K | |||
Retained Earnings | (1 M) | |||
Working Capital | (474 K) | |||
Current Asset | 8 K | |||
Current Liabilities | 482 K | |||
Z Score | 20.9 | |||
Net Asset | 25.81 K |
About Northern Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Minerals Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Minerals Exploration 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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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.Additional Tools for Northern Pink Sheet Analysis
When running Northern Minerals' price analysis, check to measure Northern Minerals' 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 Northern Minerals is operating at the current time. Most of Northern Minerals' value examination focuses on studying past and present price action to predict the probability of Northern Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Minerals' price. Additionally, you may evaluate how the addition of Northern Minerals to your portfolios can decrease your overall portfolio volatility.