Prime Mining Corp Stock Fundamentals
PRMNF Stock | USD 1.05 0.03 2.78% |
Prime Mining Corp fundamentals help investors to digest information that contributes to Prime Mining's financial success or failures. It also enables traders to predict the movement of Prime OTC Stock. The fundamental analysis module provides a way to measure Prime 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 Prime Mining otc stock.
Prime |
Prime Mining Corp OTC Stock Return On Equity Analysis
Prime Mining'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.
Current Prime Mining Return On Equity | -0.48 |
Most of Prime Mining'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, Prime Mining Corp 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, Prime Mining Corp has a Return On Equity of -0.4842. This is 153.21% 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 56.19% higher than that of the company.
Prime Mining Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Mining's current stock value. Our valuation model uses many indicators to compare Prime Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Mining competition to find correlations between indicators driving Prime Mining's intrinsic value. More Info.Prime Mining Corp 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 Prime Mining's earnings, one of the primary drivers of an investment's value.Prime Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prime Mining'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 Prime Mining could also be used in its relative valuation, which is a method of valuing Prime Mining by comparing valuation metrics of similar companies.Prime Mining is currently under evaluation in return on equity category among its peers.
Prime Fundamentals
Return On Equity | -0.48 | |||
Return On Asset | -0.3 | |||
Current Valuation | 158.77 M | |||
Shares Outstanding | 126.91 M | |||
Shares Owned By Insiders | 18.59 % | |||
Shares Owned By Institutions | 18.94 % | |||
Price To Book | 9.68 X | |||
Gross Profit | (43.41 K) | |||
EBITDA | (21.8 M) | |||
Net Income | (21.45 M) | |||
Cash And Equivalents | 14.44 M | |||
Cash Per Share | 0.13 X | |||
Total Debt | 180.6 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 20.11 X | |||
Book Value Per Share | 0.20 X | |||
Cash Flow From Operations | (13.6 M) | |||
Earnings Per Share | (0.15) X | |||
Beta | 1.43 | |||
Market Capitalization | 181.47 M | |||
Total Asset | 41.79 M | |||
Net Asset | 41.79 M |
About Prime Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prime Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Mining Corp 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.Prime Mining Corp. engages in the acquisition, exploration, and development of mineral resource properties in Mexico. Prime Mining Corp. was incorporated in 1981 and is headquartered in Vancouver, Canada. PRIME MINING is traded on OTC Exchange in the United States.
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Other Information on Investing in Prime OTC Stock
Prime Mining financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Mining security.