Magna Gold Revenue vs. Profit Margin

MGLQFDelisted Stock  USD 0.01  0.00  0.00%   
Based on the measurements of profitability obtained from Magna Gold's financial statements, Magna Gold Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Magna Gold's ability to earn profits and add value for shareholders.
For Magna Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magna Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magna Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magna Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magna Gold Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Please note, there is a significant difference between Magna Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna Gold'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.

Magna Gold Corp Profit Margin vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Magna Gold's current stock value. Our valuation model uses many indicators to compare Magna Gold value to that of its competitors to determine the firm's financial worth.
Magna Gold Corp is rated top company in revenue category among its peers. It also is considered to be number one stock in profit margin category among its peers . 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 Magna Gold's earnings, one of the primary drivers of an investment's value.

Magna Revenue vs. Competition

Magna Gold Corp is rated top company in revenue category among its peers. Market size based on revenue of Gold industry is now estimated at about 202.4 Million. Magna Gold totals roughly 98.51 Million in revenue claiming about 49% of equities under Gold industry.

Magna Profit Margin vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Magna Gold

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
98.51 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Magna Gold

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
(0.22) %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.

Magna Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Magna Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magna Gold will eventually generate negative long term returns. The profitability progress is the general direction of Magna Gold's change in net profit over the period of time. It can combine multiple indicators of Magna 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.
Magna Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in Mexico. The company was incorporated in 2018 and is based in Vancouver, Canada. MAGNA GOLD is traded on OTC Exchange in the United States.

Magna Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Magna 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 Magna 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 Magna Gold's important profitability drivers and their relationship over time.

Use Magna 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 Magna 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 Magna Gold will appreciate offsetting losses from the drop in the long position's value.

Magna Gold Pair Trading

Magna Gold Corp Pair Trading Analysis

The ability to find closely correlated positions to Magna 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 Magna 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 Magna 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 Magna Gold Corp to buy it.
The correlation of Magna 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 Magna Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna 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 Magna 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Magna Gold position

In addition to having Magna 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 Broad Commodities ETFs Thematic Idea Now

Broad Commodities ETFs
Broad Commodities ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Commodities ETFs theme has 26 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 Broad Commodities ETFs Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Consideration for investing in Magna OTC Stock

If you are still planning to invest in Magna Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magna Gold's history and understand the potential risks before investing.
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