Omai Gold Mines Stock Fundamentals

OMGGF Stock  USD 0.20  0.02  11.11%   
Omai Gold Mines fundamentals help investors to digest information that contributes to Omai Gold's financial success or failures. It also enables traders to predict the movement of Omai OTC Stock. The fundamental analysis module provides a way to measure Omai Gold'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 Omai Gold otc stock.
  
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Omai Gold Mines OTC Stock Return On Equity Analysis

Omai Gold's 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Omai Gold Return On Equity

    
  -1.47  
Most of Omai Gold's 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, Omai Gold Mines 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.
Competition

Based on the latest financial disclosure, Omai Gold Mines has a Return On Equity of -1.472. This is 261.76% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is notably higher than that of the company.

Omai Gold Mines Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Omai Gold's current stock value. Our valuation model uses many indicators to compare Omai Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Omai Gold competition to find correlations between indicators driving Omai Gold's intrinsic value. More Info.
Omai Gold Mines is rated below average in return on equity category among its peers. It is rated below average 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 Omai Gold's earnings, one of the primary drivers of an investment's value.

Omai Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omai Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Omai Gold could also be used in its relative valuation, which is a method of valuing Omai Gold by comparing valuation metrics of similar companies.
Omai Gold is currently under evaluation in return on equity category among its peers.

Omai Fundamentals

About Omai Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Omai Gold Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omai Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omai Gold Mines 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.
Omai Gold Mines Corp. explores for and develops base and precious metals. It holds a 100 percent interest in the Omai prospecting license that covers an area of 4,590 acres, including the past-producing Omai Gold mine located in the Potaro mining district of Guyana, as well as adjoining eastern flats mining permits. Omai Gold operates under Gold classification in the United States and is traded on OTC Exchange.

Currently Active Assets on Macroaxis

Other Information on Investing in Omai OTC Stock

Omai Gold financial ratios help investors to determine whether Omai 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 Omai with respect to the benefits of owning Omai Gold security.