O3 Mining Stock Cash Position Weight
OIII Stock | CAD 1.08 0.01 0.93% |
O3 Mining fundamentals help investors to digest information that contributes to O3 Mining's financial success or failures. It also enables traders to predict the movement of OIII Stock. The fundamental analysis module provides a way to measure O3 Mining'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 O3 Mining stock.
OIII | Cash Position Weight |
O3 Mining Company Cash Position Weight Analysis
O3 Mining's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
OIII Cash Position Weight Driver Correlations
Understanding the fundamental principles of building solid financial models for O3 Mining is extremely important. It helps to project a fair market value of OIII Stock properly, considering its historical fundamentals such as Cash Position Weight. Since O3 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 O3 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 O3 Mining's interrelated accounts and indicators.
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Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
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In accordance with the recently published financial statements, O3 Mining has 0.0% in Cash Position Weight. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
O3 Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of O3 Mining from analyzing O3 Mining's financial statements. These drivers represent accounts that assess O3 Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of O3 Mining's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 61.6M | 171.6M | 137.2M | 106.8M | 118.2M | 124.1M | |
Enterprise Value | 45.1M | 138.4M | 111.5M | 90.0M | 102.5M | 107.7M |
OIII Fundamentals
Return On Equity | -0.17 | ||||
Return On Asset | -0.0219 | ||||
Current Valuation | 77.57 M | ||||
Shares Outstanding | 108.77 M | ||||
Shares Owned By Insiders | 21.25 % | ||||
Shares Owned By Institutions | 20.51 % | ||||
Number Of Shares Shorted | 26.26 K | ||||
Price To Book | 0.49 X | ||||
EBITDA | (7.39 M) | ||||
Net Income | (34.11 M) | ||||
Cash And Equivalents | 11.24 M | ||||
Cash Per Share | 0.47 X | ||||
Total Debt | 7.76 M | ||||
Current Ratio | 3.44 X | ||||
Book Value Per Share | 2.23 X | ||||
Cash Flow From Operations | (2.28 M) | ||||
Short Ratio | 0.12 X | ||||
Earnings Per Share | (0.52) X | ||||
Target Price | 3.1 | ||||
Number Of Employees | 48 | ||||
Beta | 0.73 | ||||
Market Capitalization | 117.47 M | ||||
Total Asset | 287.43 M | ||||
Retained Earnings | (26.57 M) | ||||
Working Capital | 26.22 M | ||||
Net Asset | 287.43 M |
About O3 Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze O3 Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of O3 Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of O3 Mining 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 OIII Stock Analysis
When running O3 Mining's price analysis, check to measure O3 Mining'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 O3 Mining is operating at the current time. Most of O3 Mining's value examination focuses on studying past and present price action to predict the probability of O3 Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O3 Mining's price. Additionally, you may evaluate how the addition of O3 Mining to your portfolios can decrease your overall portfolio volatility.