African Rainbow Minerals Is Looking To Continue Growing Its Returns On Capital - Simply Wall St
AFBOFDelisted Stock | USD 12.20 0.00 0.00% |
Roughly 56% of African Rainbow's investor base is looking to short. The analysis of overall sentiment of trading African Rainbow Minerals pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with African Rainbow's historical and current headlines, can help investors time the market. In addition, many technical investors use African Rainbow Minerals stock news signals to limit their universe of possible portfolio assets.
African Rainbow pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of African daily returns and investor perception about the current price of African Rainbow Minerals as well as its diversification or hedging effects on your existing portfolios.
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African Rainbow Minerals Is Looking To Continue Growing Its Returns On Capital Simply Wall St
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African Rainbow Fundamental Analysis
We analyze African Rainbow's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of African Rainbow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of African Rainbow 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.
Current Ratio
Current Ratio Comparative Analysis
African Rainbow is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
African Rainbow Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with African Rainbow pink sheet to make a market-neutral strategy. Peer analysis of African Rainbow could also be used in its relative valuation, which is a method of valuing African Rainbow by comparing valuation metrics with similar companies.
Peers
African Rainbow Related Equities
BHPLF | BHP Group | 7.26 | ||||
NGLOY | Anglo American | 5.87 | ||||
VZLA | Vizsla Resources | 2.25 | ||||
IVPAF | Ivanhoe Mines | 1.72 | ||||
TMQ | Trilogy Metals | 1.65 | ||||
GLCNF | Glencore PLC | 1.05 | ||||
GLNCY | Glencore PLC | 1.05 | ||||
SMMYY | Sumitomo Metal | 0.82 | ||||
RTNTF | Rio Tinto | 0.74 | ||||
EMX | EMX Royalty | 0.57 | ||||
SOUHY | South32 ADR | 0.82 | ||||
ERMAY | Eramet SA | 1.89 | ||||
RTPPF | Rio Tinto | 2.21 | ||||
SLVDF | Silver Dollar | 4.00 | ||||
ILKAY | Iluka Resources | 7.32 | ||||
DBLVF | Doubleview Gold | 7.41 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in African Pink Sheet
If you are still planning to invest in African Rainbow Minerals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the African Rainbow's history and understand the potential risks before investing.
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