Signature Resources Stock Short Ratio
| SGU Stock | CAD 0.04 0.01 14.29% |
Signature Resources fundamentals help investors to digest information that contributes to Signature Resources' financial success or failures. It also enables traders to predict the movement of Signature Stock. The fundamental analysis module provides a way to measure Signature Resources' 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 Signature Resources stock.
Signature | Short Ratio |
Signature Resources Company Short Ratio Analysis
Signature Resources' 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 Signature Resources Short Ratio | 0.09 X |
Most of Signature Resources' 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, Signature Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Signature Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Signature Resources is extremely important. It helps to project a fair market value of Signature Stock properly, considering its historical fundamentals such as Short Ratio. Since Signature Resources' 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 Signature Resources' 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 Signature Resources' 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.
| Competition |
Based on the latest financial disclosure, Signature Resources has a Short Ratio of 0.09 times. This is 97.75% lower than that of the Metals & Mining sector and 96.96% lower than that of the Materials industry. The short ratio for all Canada stocks is 97.75% higher than that of the company.
Signature Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Signature Resources' 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 Signature Resources could also be used in its relative valuation, which is a method of valuing Signature Resources by comparing valuation metrics of similar companies.Signature Resources is currently under evaluation in short ratio category among its peers.
Signature Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Signature Resources from analyzing Signature Resources' financial statements. These drivers represent accounts that assess Signature Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Signature Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1M | 7.5M | 16.6M | 2.8M | 2.5M | 3.6M | |
| Enterprise Value | 1.0M | 7.0M | 16.6M | 2.7M | 2.5M | 3.5M |
Signature Fundamentals
| Return On Equity | -0.33 | ||||
| Return On Asset | -0.58 | ||||
| Current Valuation | 6.03 M | ||||
| Shares Outstanding | 148.77 M | ||||
| Shares Owned By Insiders | 27.62 % | ||||
| Number Of Shares Shorted | 3 K | ||||
| Price To Earning | (8.50) X | ||||
| Price To Book | 13.38 X | ||||
| EBITDA | (1.28 M) | ||||
| Net Income | (1.14 M) | ||||
| Cash And Equivalents | 26.66 K | ||||
| Total Debt | 1.91 M | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (1.09 M) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 2.57 | ||||
| Market Capitalization | 5.95 M | ||||
| Total Asset | 955.44 K | ||||
| Retained Earnings | (24.31 M) | ||||
| Working Capital | (875.66 K) | ||||
| Net Asset | 955.44 K |
About Signature Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Signature Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Signature Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Signature Resources 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 Signature Stock Analysis
When running Signature Resources' price analysis, check to measure Signature Resources' 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 Signature Resources is operating at the current time. Most of Signature Resources' value examination focuses on studying past and present price action to predict the probability of Signature Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signature Resources' price. Additionally, you may evaluate how the addition of Signature Resources to your portfolios can decrease your overall portfolio volatility.