Dore Copper Mining Stock Analysis

DCMC Stock  CAD 0.14  0.01  6.67%   
Dore Copper Mining is overvalued with Real Value of 0.12 and Hype Value of 0.13. The main objective of Dore Copper stock analysis is to determine its intrinsic value, which is an estimate of what Dore Copper Mining is worth, separate from its market price. There are two main types of Dore Copper's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Dore Copper's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Dore Copper's stock to identify patterns and trends that may indicate its future price movements.
The Dore Copper stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Dore Copper is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Dore Stock trading window is adjusted to America/Toronto timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dore Copper Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Dore Stock Analysis Notes

About 25.0% of the company shares are held by company insiders. The book value of Dore Copper was currently reported as 0.07. The company recorded a loss per share of 0.04. Dore Copper Mining last dividend was issued on the 17th of December 2019. The entity had 1:10.8 split on the 17th of December 2019. Dor Copper Mining Corp. explores for and develops copper and gold deposits in Canada. Dor Copper Mining Corp. was incorporated in 2017 and is based in Toronto, Canada. DORE COPPER operates under Copper classification in Exotistan and is traded on Commodity Exchange. To learn more about Dore Copper Mining call PEng Eng at 418 748 3427 or check out https://www.dorecopper.com.

Dore Copper Mining Investment Alerts

Dore Copper Mining is way too risky over 90 days horizon
Dore Copper Mining has some characteristics of a very speculative penny stock
Dore Copper Mining appears to be risky and price may revert if volatility continues
Net Loss for the year was (5.82 M) with profit before overhead, payroll, taxes, and interest of 0.
Dore Copper Mining has accumulated about 13.75 M in cash with (2.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 25.0% of the company shares are held by company insiders
Latest headline from news.google.com: Dor Copper Plans Strategic Merger with Cygnus Metals - TipRanks

Dore Copper Thematic Classifications

In addition to having Dore Copper stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Heavy Metals Idea
Heavy Metals
Industrial metals and minerals

Dore Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dore Copper's market, we take the total number of its shares issued and multiply it by Dore Copper's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Dore Profitablity

Dore Copper's profitability indicators refer to fundamental financial ratios that showcase Dore Copper's ability to generate income relative to its revenue or operating costs. If, let's say, Dore Copper is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Dore Copper's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Dore Copper's profitability requires more research than a typical breakdown of Dore Copper's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.51)(0.53)
Return On Capital Employed(0.63)(0.67)
Return On Assets(0.51)(0.53)
Return On Equity(0.63)(0.66)

Management Efficiency

Dore Copper Mining has return on total asset (ROA) of (0.3819) % which means that it has lost $0.3819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.6785) %, meaning that it generated substantial loss on money invested by shareholders. Dore Copper's management efficiency ratios could be used to measure how well Dore Copper manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.53 in 2024. Return On Capital Employed is likely to drop to -0.67 in 2024. At this time, Dore Copper's Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 7 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 5.9 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.10  0.09 
Tangible Book Value Per Share 0.10  0.09 
Enterprise Value Over EBITDA(1.43)(1.50)
Price Book Value Ratio 1.21  1.15 
Enterprise Value Multiple(1.43)(1.50)
Price Fair Value 1.21  1.15 
Enterprise Value21.6 M15 M
Dore Copper showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Beta
1.759
Return On Assets
(0.38)
Return On Equity
(0.68)

Technical Drivers

As of the 23rd of November, Dore Copper shows the Coefficient Of Variation of 1189.56, downside deviation of 11.65, and Mean Deviation of 4.62. Dore Copper Mining technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Dore Copper Mining jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Dore Copper Mining is priced favorably, providing market reflects its regular price of 0.14 per share.

Dore Copper Mining Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Dore Copper middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Dore Copper Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Dore Copper Outstanding Bonds

Dore Copper issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dore Copper Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dore bonds can be classified according to their maturity, which is the date when Dore Copper Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Dore Copper Predictive Daily Indicators

Dore Copper intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dore Copper stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Dore Copper Forecast Models

Dore Copper's time-series forecasting models are one of many Dore Copper's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dore Copper's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Dore Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Dore Copper prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dore shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Dore Copper. By using and applying Dore Stock analysis, traders can create a robust methodology for identifying Dore entry and exit points for their positions.
Last ReportedProjected for Next Year

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Dore Copper to your portfolios without increasing risk or reducing expected return.

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Fundamental Analysis

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Additional Tools for Dore Stock Analysis

When running Dore Copper's price analysis, check to measure Dore Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dore Copper is operating at the current time. Most of Dore Copper's value examination focuses on studying past and present price action to predict the probability of Dore Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dore Copper's price. Additionally, you may evaluate how the addition of Dore Copper to your portfolios can decrease your overall portfolio volatility.