Provenance Gold Net Income vs. Market Capitalization
Provenance Gold Corp Market Capitalization vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Provenance Gold's current stock value. Our valuation model uses many indicators to compare Provenance Gold value to that of its competitors to determine the firm's financial worth. Provenance Gold Corp is regarded fourth in net income category among its peers. It is rated below average in market capitalization 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 Provenance Gold's earnings, one of the primary drivers of an investment's value.Provenance Market Capitalization vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Provenance Gold |
| = | (882.1 K) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Provenance Gold |
| = | 6.59 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.
Provenance Market Capitalization vs Competition
Provenance Gold Corp is rated below average in market capitalization category among its peers. Market capitalization of Other Precious Metals & Mining industry is at this time estimated at about 708.67 Million. Provenance Gold maintains roughly 6.59 Million in market capitalization contributing less than 1% to all equities under Other Precious Metals & Mining industry.
Provenance Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Provenance Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Provenance Gold will eventually generate negative long term returns. The profitability progress is the general direction of Provenance Gold's change in net profit over the period of time. It can combine multiple indicators of Provenance 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.
Provenance Gold Corp., a junior exploration company, engages in the identification, acquisition, and exploration of mineral interests in North America. Provenance Gold Corp. was incorporated in 2012 and is based in Vancouver, Canada. PROVENANCE GOLD is traded on OTC Exchange in the United States.
Provenance Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Provenance 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 Provenance 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 Provenance Gold's important profitability drivers and their relationship over time.
Provenance Gold Earnings per Share Projection vs Actual
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Other Information on Investing in Provenance OTC Stock
To fully project Provenance Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Provenance 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 Provenance Gold's income statement, its balance sheet, and the statement of cash flows.