Durango Resources Stock Analysis

Durango Stock Analysis Notes

The book value of the company was currently reported as 0.01. The company had not issued any dividends in recent years. Durango Resources had 1:20 split on the 12th of February 2013. Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. DURANGO RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To learn more about Durango Resources call CMA CPA at 604 339 2243 or check out https://www.durangoresourcesinc.com.

Durango Resources Investment Alerts

Durango Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Durango Resources's market, we take the total number of its shares issued and multiply it by Durango Resources'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.

Durango Profitablity

Management Efficiency

Durango Resources has return on total asset (ROA) of (0.0819) % which means that it has lost $0.0819 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2344) %, meaning that it generated substantial loss on money invested by shareholders. Durango Resources' management efficiency ratios could be used to measure how well Durango Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.22 in 2024. Return On Capital Employed is likely to climb to -0.2 in 2024. At this time, Durango Resources' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 16 K in 2024, whereas Total Current Assets are likely to drop slightly above 544.9 K in 2024.

Technical Drivers

As of the 1st of December, Durango Resources shows the Coefficient Of Variation of 1908.38, downside deviation of 23.78, and Mean Deviation of 8.91. Durango Resources 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 Durango Resources treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Durango Resources is priced favorably, providing market reflects its regular price of 0.02 per share.

Durango Resources Price Movement Analysis

Durango Resources Outstanding Bonds

Durango Resources Predictive Daily Indicators

Durango Resources Forecast Models

Durango Resources' time-series forecasting models are one of many Durango Resources' 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 Durango Resources' 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Durango Resources 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 Durango 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 Durango Resources. By using and applying Durango Stock analysis, traders can create a robust methodology for identifying Durango entry and exit points for their positions.

When running Durango Resources' price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.