Provenance Gold Corp Stock Fundamentals
| PVGDF Stock | USD 0.19 0.01 5.00% |
Fundamental analysis of Provenance Gold allows traders to better anticipate movements in Provenance Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Provenance |
Provenance Gold Corp OTC Stock Return On Equity Analysis
Provenance 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.
Current Provenance Gold Return On Equity | -0.23 |
Most of Provenance 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, Provenance Gold 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.
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Based on the latest financial disclosure, Provenance Gold Corp has a Return On Equity of -0.233. This is 125.6% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on equity for all United States stocks is 24.84% lower than that of the firm.
Provenance Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Provenance Gold's current stock value. Our valuation model uses many indicators to compare Provenance Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provenance Gold competition to find correlations between indicators driving Provenance Gold's intrinsic value. More Info.Provenance Gold Corp is rated below average in return on equity category among its peers. It also 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 Provenance Gold's earnings, one of the primary drivers of an investment's value.Provenance Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Provenance 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 Provenance Gold could also be used in its relative valuation, which is a method of valuing Provenance Gold by comparing valuation metrics of similar companies.Provenance Gold is currently under evaluation in return on equity category among its peers.
Provenance Fundamentals
| Return On Equity | -0.23 | |||
| Return On Asset | -0.084 | |||
| Current Valuation | 4.92 M | |||
| Shares Outstanding | 79.55 M | |||
| Shares Owned By Insiders | 12.35 % | |||
| Price To Book | 2.27 X | |||
| EBITDA | (882.1 K) | |||
| Net Income | (882.1 K) | |||
| Cash And Equivalents | 763.92 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 47.5 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 8.30 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (807.07 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | -0.1 | |||
| Market Capitalization | 6.59 M | |||
| Total Asset | 2.98 M | |||
| Z Score | 82.8 | |||
| Net Asset | 2.98 M |
About Provenance Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Provenance Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Provenance Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Provenance Gold 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.Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in North America. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada. PROVENANCE GOLD is traded on OTC Exchange in the United States.
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Other Information on Investing in Provenance OTC Stock
Provenance Gold financial ratios help investors to determine whether Provenance 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 Provenance with respect to the benefits of owning Provenance Gold security.