| CXB Stock | | | CAD 2.44 0.09 3.83% |
Considering the key profitability indicators obtained from Calibre Mining's historical financial statements, Calibre Mining's profitability may be sliding down. It has an above-average likelihood of reporting lower numbers next quarter. Profitability indicators assess Calibre Mining's ability to earn profits and add value for shareholders. At this time, Calibre Mining's
Price To Sales Ratio is very stable compared to the past year. As of the 27th of November 2024,
Days Sales Outstanding is likely to grow to 2.62, while
Operating Cash Flow Sales Ratio is likely to drop 0.35. At this time, Calibre Mining's
Interest Income is very stable compared to the past year. As of the 27th of November 2024,
Net Income From Continuing Ops is likely to grow to about 89.3
M, though
Total Other Income Expense Net is likely to grow to (13.8
M).
For Calibre Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Calibre Mining to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Calibre Mining Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Calibre Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Calibre Mining Corp over time as well as its relative position and ranking within its peers.
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Please note, there is a significant difference between Calibre Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calibre Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calibre Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Calibre Mining Corp EBITDA vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Calibre Mining's current stock value. Our valuation model uses many indicators to compare Calibre Mining value to that of its competitors to determine the firm's financial worth.
Calibre Mining Corp is rated
second in number of shares shorted category among its peers. It is number one stock in ebitda category among its peers totaling about
56.25 of EBITDA per Number Of Shares Shorted. At this time, Calibre Mining's
EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Calibre Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calibre Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Calibre EBITDA vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Calibre Mining | Shares Shorted | = | Shorted by Public | + | by Institutions |
| = | 3.98 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Calibre Mining | EBITDA | = | Revenue | - | Basic Expenses |
| = | 224.06 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Calibre EBITDA Comparison
Calibre Mining is currently under evaluation in ebitda category among its peers.
Calibre Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Calibre Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Calibre Mining will eventually generate negative long term returns. The profitability progress is the general direction of Calibre Mining's change in net profit over the period of time. It can combine
multiple indicators of Calibre Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Calibre Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Calibre Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Calibre Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Calibre Mining's important profitability drivers and their relationship over time.
Use Calibre Mining in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Calibre Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Calibre Mining will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Calibre Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calibre Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Calibre Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Calibre Mining Corp to buy it.
The correlation of Calibre Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Calibre Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calibre Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Calibre Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Use Investing Themes to Complement your Calibre Mining position
In addition to having Calibre Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can
partner with us for reliable portfolio optimization as you plan to utilize
Corporate Bonds Funds Theme or any other
thematic opportunities.
Other Information on Investing in Calibre Stock
To fully project Calibre Mining's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Calibre Mining Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Calibre Mining's income statement, its balance sheet, and the statement of cash flows.
Potential Calibre Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Calibre Mining investors may work on each financial statement separately, they are all related. The changes in Calibre Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Calibre Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
