Silver Spruce Resources Stock Price To Earning
SSE Stock | CAD 0.01 0.01 50.00% |
Silver Spruce Resources fundamentals help investors to digest information that contributes to Silver Spruce's financial success or failures. It also enables traders to predict the movement of Silver Stock. The fundamental analysis module provides a way to measure Silver Spruce'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 Silver Spruce stock.
Silver | Price To Earning |
Silver Spruce Resources Company Price To Earning Analysis
Silver Spruce's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Silver Spruce Price To Earning | 13.00 X |
Most of Silver Spruce's fundamental indicators, such as Price To Earning, 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, Silver Spruce Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Silver Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Silver Spruce is extremely important. It helps to project a fair market value of Silver Stock properly, considering its historical fundamentals such as Price To Earning. Since Silver Spruce'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 Silver Spruce'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 Silver Spruce's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Silver Retained Earnings
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Based on the latest financial disclosure, Silver Spruce Resources has a Price To Earning of 13.0 times. This is 87.59% lower than that of the Metals & Mining sector and 39.04% higher than that of the Materials industry. The price to earning for all Canada stocks is 54.74% higher than that of the company.
Silver Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Silver Spruce's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Silver Spruce could also be used in its relative valuation, which is a method of valuing Silver Spruce by comparing valuation metrics of similar companies.Silver Spruce is currently under evaluation in price to earning category among its peers.
Silver Spruce Current Valuation Drivers
We derive many important indicators used in calculating different scores of Silver Spruce from analyzing Silver Spruce's financial statements. These drivers represent accounts that assess Silver Spruce's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Silver Spruce's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 4.1M | 6.5M | 6.5M | 3.8M | 4.4M | 5.1M | |
Enterprise Value | 4.0M | 5.3M | 5.4M | 3.6M | 4.2M | 4.5M |
Silver Fundamentals
Return On Equity | -7.07 | ||||
Return On Asset | -1.52 | ||||
Current Valuation | 1.24 M | ||||
Shares Outstanding | 322.55 M | ||||
Shares Owned By Insiders | 4.31 % | ||||
Number Of Shares Shorted | 10.08 K | ||||
Price To Earning | 13.00 X | ||||
Price To Book | 28.88 X | ||||
EBITDA | (1.02 M) | ||||
Net Income | (1.05 M) | ||||
Cash And Equivalents | 20.35 K | ||||
Total Debt | 1.73 K | ||||
Debt To Equity | 568.70 % | ||||
Current Ratio | 1.04 X | ||||
Cash Flow From Operations | (1.01 M) | ||||
Short Ratio | 0.29 X | ||||
Beta | 1.36 | ||||
Market Capitalization | 1.61 M | ||||
Total Asset | 410.71 K | ||||
Retained Earnings | (45.53 M) | ||||
Working Capital | 195.65 K | ||||
Net Asset | 410.71 K |
About Silver Spruce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Silver Spruce Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Spruce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Spruce 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 Silver Stock Analysis
When running Silver Spruce's price analysis, check to measure Silver Spruce'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 Silver Spruce is operating at the current time. Most of Silver Spruce's value examination focuses on studying past and present price action to predict the probability of Silver Spruce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Spruce's price. Additionally, you may evaluate how the addition of Silver Spruce to your portfolios can decrease your overall portfolio volatility.