| G1A Stock | | | 0.06 0.00 0.00% |
Galena Mining financial indicator trend analysis is much more than just examining Galena Mining latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Galena Mining is a good investment. Please check the relationship between Galena Mining Cash And Short Term Investments and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash And Short Term Investments vs Property Plant Equipment
Cash And Short Term Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Galena Mining Cash And Short Term Investments account and
Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Galena Mining's Cash And Short Term Investments and Property Plant Equipment is 0.32. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Galena Mining, assuming nothing else is changed. The correlation between historical values of Galena Mining's Cash And Short Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Galena Mining are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Cash And Short Term Investments i.e., Galena Mining's Cash And Short Term Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Galena Mining balance sheet. This account contains Galena Mining investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Galena Mining fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Property Plant Equipment
Most indicators from Galena Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Galena Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galena Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Issuance Of Capital Stock is likely to gain to about 44.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.1
M in 2024.
Galena Mining fundamental ratios Correlations
Click cells to compare fundamentals
Galena Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Galena Mining fundamental ratios Accounts
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Additional Tools for Galena Stock Analysis
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measure Galena Mining'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 Galena Mining is operating at the current time. Most of Galena Mining's value examination focuses on studying past and present price action to
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