Liberty Gold Shares Owned By Insiders vs. Cash Per Share
| LGD Stock | CAD 0.32 0.02 6.67% |
For Liberty Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Liberty Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Liberty Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Liberty Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Liberty Gold Corp over time as well as its relative position and ranking within its peers.
Liberty |
Liberty Gold Corp Cash Per Share vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Liberty Gold's current stock value. Our valuation model uses many indicators to compare Liberty Gold value to that of its competitors to determine the firm's financial worth. Liberty Gold Corp is rated fourth overall in shares owned by insiders category among its peers. It is rated fifth overall in cash per share category among its peers fabricating about 0.01 of Cash Per Share per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Cash Per Share for Liberty Gold Corp is roughly 160.35 . At this time, Liberty Gold's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Liberty Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Liberty Gold'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.Liberty Cash Per Share vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Liberty Gold |
| = | 3.21 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Liberty Gold |
| = | 0.02 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Liberty Cash Per Share Comparison
Liberty Gold is currently under evaluation in cash per share category among its peers.
Liberty Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Liberty Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Liberty Gold will eventually generate negative long term returns. The profitability progress is the general direction of Liberty Gold's change in net profit over the period of time. It can combine multiple indicators of Liberty Gold, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -10.1 M | -10.6 M | |
| Operating Income | -20 M | -19 M | |
| Income Before Tax | -20.4 M | -19.4 M | |
| Total Other Income Expense Net | -371.3 K | -389.8 K | |
| Net Loss | -20.8 M | -19.8 M | |
| Income Tax Expense | 422.8 K | 480.4 K | |
| Net Loss | -20.8 M | -19.8 M | |
| Net Loss | -19 M | -18 M | |
| Interest Income | 513.1 K | 1 M | |
| Net Interest Income | 513.1 K | 297.8 K | |
| Change To Netincome | 6.5 M | 6.8 M | |
| Net Loss | (0.06) | (0.06) | |
| Income Quality | 0.78 | 0.48 | |
| Net Income Per E B T | 0.99 | 0.81 |
Liberty Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Liberty Gold. 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 Liberty Gold 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 Liberty Gold's important profitability drivers and their relationship over time.
Use Liberty Gold 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 Liberty Gold 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 Liberty Gold will appreciate offsetting losses from the drop in the long position's value.Liberty Gold Pair Trading
Liberty Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Liberty Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Gold 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 Liberty Gold - 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 Liberty Gold Corp to buy it.
The correlation of Liberty Gold 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 Liberty Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Gold 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 Liberty Gold 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 Liberty Gold position
In addition to having Liberty Gold 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Liberty Stock
To fully project Liberty Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Liberty Gold 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 Liberty Gold's income statement, its balance sheet, and the statement of cash flows.