Richmond Minerals Earnings Per Share vs. Number Of Employees
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For Richmond Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Richmond Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Richmond Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Richmond Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Richmond Minerals over time as well as its relative position and ranking within its peers.
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Richmond Minerals Number Of Employees vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Richmond Minerals's current stock value. Our valuation model uses many indicators to compare Richmond Minerals value to that of its competitors to determine the firm's financial worth. Richmond Minerals is currently regarded as top stock in earnings per share category among its peers. It also is currently regarded as top stock in number of employees 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 Richmond Minerals' earnings, one of the primary drivers of an investment's value.Richmond Number Of Employees vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
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Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Richmond Number Of Employees vs Competition
Richmond Minerals is currently regarded as top stock in number of employees category among its peers. The total workforce of Other Precious Metals & Mining industry is at this time estimated at about 27,067. Richmond Minerals adds roughly 7.0 in number of employees claiming only tiny portion of all equities under Other Precious Metals & Mining industry.
Richmond Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Richmond Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Richmond Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Richmond Minerals' change in net profit over the period of time. It can combine multiple indicators of Richmond Minerals, 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.
Richmond Minerals Inc. engages in the exploration and development of base and precious metals in Canada and Austria. The company was founded in 1983 and is headquartered in Toronto, Canada. RICHMOND MINERALS operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Richmond Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Richmond Minerals. 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 Richmond Minerals 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 Richmond Minerals' important profitability drivers and their relationship over time.
Use Richmond Minerals 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 Richmond Minerals 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 Richmond Minerals will appreciate offsetting losses from the drop in the long position's value.Richmond Minerals Pair Trading
Richmond Minerals Pair Trading Analysis
The ability to find closely correlated positions to Richmond Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richmond Minerals 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 Richmond Minerals - 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 Richmond Minerals to buy it.
The correlation of Richmond Minerals 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 Richmond Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richmond Minerals 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 Richmond Minerals 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 Richmond Minerals position
In addition to having Richmond Minerals 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 37 constituents at this time.
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Other Information on Investing in Richmond Pink Sheet
To fully project Richmond Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Richmond Minerals 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 Richmond Minerals' income statement, its balance sheet, and the statement of cash flows.