Patagonia Gold Corp Stock Short Ratio
| PGDC Stock | CAD 0.04 0.00 0.00% |
Patagonia Gold Corp fundamentals help investors to digest information that contributes to Patagonia Gold's financial success or failures. It also enables traders to predict the movement of Patagonia Stock. The fundamental analysis module provides a way to measure Patagonia 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 Patagonia Gold stock.
Patagonia | Short Ratio |
Patagonia Gold Corp Company Short Ratio Analysis
Patagonia Gold's 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.
Current Patagonia Gold Short Ratio | 0.22 X |
Most of Patagonia Gold's fundamental indicators, such as Short Ratio, 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, Patagonia Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Patagonia Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Patagonia Gold is extremely important. It helps to project a fair market value of Patagonia Stock properly, considering its historical fundamentals such as Short Ratio. Since Patagonia Gold'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 Patagonia Gold'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 Patagonia Gold's interrelated accounts and indicators.
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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.
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Patagonia Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Patagonia Gold Corp has a Short Ratio of 0.22 times. This is 94.5% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all Canada stocks is 94.5% higher than that of the company.
Patagonia Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patagonia Gold's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Patagonia Gold could also be used in its relative valuation, which is a method of valuing Patagonia Gold by comparing valuation metrics of similar companies.Patagonia Gold is currently under evaluation in short ratio category among its peers.
Patagonia Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Patagonia Gold from analyzing Patagonia Gold's financial statements. These drivers represent accounts that assess Patagonia Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Patagonia Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.0M | 29.4M | 17.6M | 5.2M | 8.9M | 8.4M | |
| Enterprise Value | 39.7M | 53.5M | 40.3M | 34.3M | 45.7M | 43.4M |
Patagonia Fundamentals
| Return On Equity | -1.2 | |||
| Return On Asset | -0.0876 | |||
| Profit Margin | (0.62) % | |||
| Operating Margin | (0.55) % | |||
| Current Valuation | 18.6 M | |||
| Shares Outstanding | 465.05 M | |||
| Shares Owned By Insiders | 64.92 % | |||
| Number Of Shares Shorted | 12.5 K | |||
| Price To Book | 0.96 X | |||
| Price To Sales | 2.02 X | |||
| Revenue | 9.22 M | |||
| Gross Profit | 3.89 M | |||
| EBITDA | (5.38 M) | |||
| Net Income | (4.22 M) | |||
| Cash And Equivalents | 280 K | |||
| Total Debt | 7.21 M | |||
| Debt To Equity | 0.74 % | |||
| Current Ratio | 0.64 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (591 K) | |||
| Short Ratio | 0.22 X | |||
| Earnings Per Share | (0.04) X | |||
| Beta | 2.0 | |||
| Market Capitalization | 18.6 M | |||
| Total Asset | 57.74 M | |||
| Retained Earnings | (201.71 M) | |||
| Working Capital | (7.73 M) | |||
| Net Asset | 57.74 M |
About Patagonia Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Patagonia Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patagonia Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patagonia Gold Corp 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 Patagonia Stock Analysis
When running Patagonia Gold's price analysis, check to measure Patagonia Gold'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 Patagonia Gold is operating at the current time. Most of Patagonia Gold's value examination focuses on studying past and present price action to predict the probability of Patagonia Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patagonia Gold's price. Additionally, you may evaluate how the addition of Patagonia Gold to your portfolios can decrease your overall portfolio volatility.