Scorpio Gold Corp Stock Fundamentals
| SGN Stock | CAD 0.13 0.01 7.14% |
Scorpio Gold Corp fundamentals help investors to digest information that contributes to Scorpio Gold's financial success or failures. It also enables traders to predict the movement of Scorpio Stock. The fundamental analysis module provides a way to measure Scorpio 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 Scorpio Gold stock.
At this time, Scorpio Gold's Income Tax Expense is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 1.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 3.3 M in 2024. Scorpio | Select Account or Indicator |
Scorpio Gold Corp Company Return On Equity Analysis
Scorpio 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 Scorpio Gold Return On Equity | -0.5 |
Most of Scorpio 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, Scorpio Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Scorpio Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Scorpio Gold is extremely important. It helps to project a fair market value of Scorpio Stock properly, considering its historical fundamentals such as Return On Equity. Since Scorpio 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 Scorpio 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 Scorpio Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Scorpio Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Scorpio Gold Corp has a Return On Equity of -0.4977. This is 154.69% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is 60.55% higher than that of the company.
Scorpio Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Scorpio Gold's current stock value. Our valuation model uses many indicators to compare Scorpio Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Scorpio Gold competition to find correlations between indicators driving Scorpio Gold's intrinsic value. More Info.Scorpio Gold Corp is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . At this time, Scorpio Gold's Return On Equity is fairly stable compared to the past year. 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 Scorpio Gold's earnings, one of the primary drivers of an investment's value.Scorpio Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Scorpio Gold's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Scorpio Gold could also be used in its relative valuation, which is a method of valuing Scorpio Gold by comparing valuation metrics of similar companies.Scorpio Gold is currently under evaluation in return on equity category among its peers.
Scorpio Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Scorpio Gold from analyzing Scorpio Gold's financial statements. These drivers represent accounts that assess Scorpio Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Scorpio Gold's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 5.3M | 9.2M | 8.9M | 5.4M | 3.4M | 3.2M | |
| Enterprise Value | 3.0M | 5.0M | 9.1M | 8.1M | 7.6M | 7.2M |
Scorpio Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 20.17 M | ||||
| Shares Outstanding | 130.27 M | ||||
| Shares Owned By Insiders | 3.70 % | ||||
| Shares Owned By Institutions | 5.43 % | ||||
| Number Of Shares Shorted | 27.55 K | ||||
| Price To Earning | 2.35 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 6.80 X | ||||
| Gross Profit | (1.79 M) | ||||
| EBITDA | (3 M) | ||||
| Net Income | (2.27 M) | ||||
| Cash And Equivalents | 841 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 4.47 M | ||||
| Debt To Equity | 39.50 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (1.44 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 0.56 | ||||
| Beta | 1.21 | ||||
| Market Capitalization | 16.28 M | ||||
| Total Asset | 14.69 M | ||||
| Retained Earnings | (65.71 M) | ||||
| Working Capital | (5.66 M) | ||||
| Net Asset | 14.69 M |
About Scorpio Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Scorpio Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Scorpio Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Scorpio 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -511.6 K | -486 K | |
| Cost Of Revenue | 144.9 K | 137.6 K | |
| Sales General And Administrative To Revenue | 0.31 | 0.29 | |
| Capex To Revenue | 0.59 | 0.56 | |
| Revenue Per Share | 0.30 | 0.28 | |
| Ebit Per Revenue | (1.64) | (1.72) |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Scorpio Stock Analysis
When running Scorpio Gold's price analysis, check to measure Scorpio 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 Scorpio Gold is operating at the current time. Most of Scorpio Gold's value examination focuses on studying past and present price action to predict the probability of Scorpio 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 Scorpio Gold's price. Additionally, you may evaluate how the addition of Scorpio Gold to your portfolios can decrease your overall portfolio volatility.