Snowline Gold Corp Stock Market Capitalization
| SGD Stock | 5.21 0.28 5.68% |
Snowline Gold Corp fundamentals help investors to digest information that contributes to Snowline Gold's financial success or failures. It also enables traders to predict the movement of Snowline Stock. The fundamental analysis module provides a way to measure Snowline 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 Snowline Gold stock.
| Last Reported | Projected for Next Year | ||
| Market Cap | 308.4 M | 323.8 M |
Snowline | Market Capitalization |
Snowline Gold Corp Company Market Capitalization Analysis
Snowline Gold's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Snowline Gold Market Capitalization | 840.03 M |
Most of Snowline Gold's fundamental indicators, such as Market Capitalization, 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, Snowline Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Snowline Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Snowline Gold is extremely important. It helps to project a fair market value of Snowline Stock properly, considering its historical fundamentals such as Market Capitalization. Since Snowline 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 Snowline 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 Snowline Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
| Competition |
Based on the recorded statements, the market capitalization of Snowline Gold Corp is about 840.03 M. This is 91.09% lower than that of the Metals & Mining sector and 74.02% lower than that of the Materials industry. The market capitalization for all Canada stocks is 95.59% higher than that of the company.
Snowline Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snowline Gold's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Snowline Gold could also be used in its relative valuation, which is a method of valuing Snowline Gold by comparing valuation metrics of similar companies.Snowline Gold is currently under evaluation in market capitalization category among its peers.
Snowline Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Snowline Gold from analyzing Snowline Gold's financial statements. These drivers represent accounts that assess Snowline Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Snowline Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.2M | 6.4M | 23.3M | 342.7M | 308.4M | 323.8M | |
| Enterprise Value | 11.0M | 6.4M | 19.4M | 320.9M | 288.8M | 303.2M |
Snowline Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.32 | ||||
| Current Valuation | 714.49 M | ||||
| Shares Outstanding | 158.5 M | ||||
| Shares Owned By Insiders | 27.64 % | ||||
| Shares Owned By Institutions | 17.38 % | ||||
| Number Of Shares Shorted | 381.39 K | ||||
| Price To Book | 11.40 X | ||||
| EBITDA | (35.26 M) | ||||
| Net Income | (264.17 K) | ||||
| Cash And Equivalents | 767 | ||||
| Total Debt | 3 K | ||||
| Book Value Per Share | 0.44 X | ||||
| Cash Flow From Operations | (4.07 K) | ||||
| Short Ratio | 3.40 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Target Price | 11.64 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 840.03 M |
About Snowline Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Snowline Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snowline Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snowline 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 Snowline Stock Analysis
When running Snowline Gold's price analysis, check to measure Snowline 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 Snowline Gold is operating at the current time. Most of Snowline Gold's value examination focuses on studying past and present price action to predict the probability of Snowline 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 Snowline Gold's price. Additionally, you may evaluate how the addition of Snowline Gold to your portfolios can decrease your overall portfolio volatility.