Sumitomo Metal Mining Full Year 2024 Earnings Beats Expectations - Simply Wall St
| SMMYY Stock | USD 6.13 0.05 0.82% |
Slightly above 52% of Sumitomo Metal's investor base is interested to short. The analysis of overall sentiment of trading Sumitomo Metal Mining pink sheet suggests that many investors are impartial at this time. Sumitomo Metal's investing sentiment can be driven by a variety of factors including economic data, Sumitomo Metal's earnings reports, geopolitical events, and overall market trends.
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Sumitomo Metal Mining Full Year 2024 Earnings Beats Expectations Simply Wall St
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Sumitomo Metal Fundamental Analysis
We analyze Sumitomo Metal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sumitomo Metal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sumitomo Metal 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.
Total Debt
Total Debt Comparative Analysis
Sumitomo Metal is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Sumitomo Metal Mining 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 Sumitomo Metal pink sheet to make a market-neutral strategy. Peer analysis of Sumitomo Metal could also be used in its relative valuation, which is a method of valuing Sumitomo Metal by comparing valuation metrics with similar companies.
Peers
Sumitomo Metal Related Equities
| LITM | Snow Lake | 11.11 | ||||
| NGLOY | Anglo American | 5.87 | ||||
| ADTLF | Adriatic Metals | 5.20 | ||||
| BDNNY | Boliden AB | 1.07 | ||||
| GLCNF | Glencore PLC | 1.05 | ||||
| IIDDY | IGO | 0.00 | ||||
| AUMTF | Aurelia Metals | 0.00 | ||||
| SOUHY | South32 ADR | 0.82 | ||||
| ERMAY | Eramet SA | 1.89 | ||||
| IPGDF | IGO | 5.59 | ||||
| NICMF | Nickel Mines | 6.78 | ||||
| ILKAY | Iluka Resources | 7.32 |
Additional Tools for Sumitomo Pink Sheet Analysis
When running Sumitomo Metal's price analysis, check to measure Sumitomo Metal'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 Sumitomo Metal is operating at the current time. Most of Sumitomo Metal's value examination focuses on studying past and present price action to predict the probability of Sumitomo Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Metal's price. Additionally, you may evaluate how the addition of Sumitomo Metal to your portfolios can decrease your overall portfolio volatility.