LithiumBank Resources Market Capitalization vs. Current Valuation
| LBNKF Stock | USD 0.20 0.01 4.76% |
For LithiumBank Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LithiumBank Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LithiumBank Resources Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LithiumBank Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LithiumBank Resources Corp over time as well as its relative position and ranking within its peers.
LithiumBank |
LithiumBank Resources Current Valuation vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LithiumBank Resources's current stock value. Our valuation model uses many indicators to compare LithiumBank Resources value to that of its competitors to determine the firm's financial worth. LithiumBank Resources Corp is currently regarded as number one stock in market capitalization category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 0.57 of Current Valuation per Market Capitalization. The ratio of Market Capitalization to Current Valuation for LithiumBank Resources Corp is roughly 1.75 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LithiumBank Resources' earnings, one of the primary drivers of an investment's value.LithiumBank Market Capitalization vs. Competition
LithiumBank Resources Corp is currently regarded as number one stock in market capitalization category among its peers. Market capitalization of Other Industrial Metals & Mining industry is now estimated at about 8.58 Billion. LithiumBank Resources adds roughly 33.6 Million in market capitalization claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
LithiumBank Current Valuation vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
LithiumBank Resources |
| = | 33.6 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
LithiumBank Resources |
| = | 19.25 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
LithiumBank Current Valuation vs Competition
LithiumBank Resources Corp is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is now estimated at about 8.52 Billion. LithiumBank Resources adds roughly 19.25 Million in current valuation claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
LithiumBank Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in LithiumBank Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LithiumBank Resources will eventually generate negative long term returns. The profitability progress is the general direction of LithiumBank Resources' change in net profit over the period of time. It can combine multiple indicators of LithiumBank Resources, 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.
LithiumBank Resources Corp., an exploration and development company, focuses on lithium-brine properties in Canada. The company was incorporated in 2019 and is based in Vancouver, Canada. Lithiumbank Res is traded on OTC Exchange in the United States.
LithiumBank Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LithiumBank Resources. 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 LithiumBank Resources 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 LithiumBank Resources' important profitability drivers and their relationship over time.
Use LithiumBank Resources 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 LithiumBank Resources 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 LithiumBank Resources will appreciate offsetting losses from the drop in the long position's value.LithiumBank Resources Pair Trading
LithiumBank Resources Corp Pair Trading Analysis
The ability to find closely correlated positions to LithiumBank Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LithiumBank Resources 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 LithiumBank Resources - 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 LithiumBank Resources Corp to buy it.
The correlation of LithiumBank Resources 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 LithiumBank Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LithiumBank Resources 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 LithiumBank Resources 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 LithiumBank Resources position
In addition to having LithiumBank Resources 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.Did You Try This Idea?
Run Raw Materials Thematic Idea Now
Raw Materials
Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 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 Raw Materials Theme or any other thematic opportunities.
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Other Information on Investing in LithiumBank OTC Stock
To fully project LithiumBank Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LithiumBank Resources 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 LithiumBank Resources' income statement, its balance sheet, and the statement of cash flows.