Eastern Goldfields Stock Analysis

Eastern Pink Sheet Analysis Notes

The company has price-to-book (P/B) ratio of 0.62. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eastern Goldfields recorded a loss per share of 0.39. The entity had not issued any dividends in recent years. Eastern Goldfields, Inc., through its subsidiaries, engages in the acquisition, development, exploration, and mining of gold properties. Its mining operations are located primarily in the Barberton Greenstone Belt area of the Mpumalanga Province, South Africa. Eastern Goldfields operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 218 people.The quote for Eastern Goldfields is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Eastern Goldfields call Michael McChesney at 619-280-8000 or check out https://www.easterngoldfields.com.

Eastern Goldfields Investment Alerts

Eastern Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 997.92 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastern Goldfields's market, we take the total number of its shares issued and multiply it by Eastern Goldfields'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.

Eastern Profitablity

The company has Profit Margin (PM) of (0.44) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.22) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.22.

Technical Drivers

As of the 26th of December, Eastern Goldfields shows the Variance of 606.06, standard deviation of 24.62, and Mean Deviation of 5.97. Eastern Goldfields 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 Eastern Goldfields coefficient of variation and the relationship between the variance and skewness to decide if Eastern Goldfields is priced favorably, providing market reflects its regular price of 6.0E-4 per share. As Eastern Goldfields appears to be a penny stock we also advise to verify its information ratio numbers.

Eastern Goldfields Price Movement Analysis

Eastern Goldfields Outstanding Bonds

Eastern Goldfields Predictive Daily Indicators

Eastern Goldfields Forecast Models

Eastern Goldfields' time-series forecasting models are one of many Eastern Goldfields' pink sheet 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 Eastern Goldfields' 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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Eastern Goldfields 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 Eastern shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Eastern Goldfields. By using and applying Eastern Pink Sheet analysis, traders can create a robust methodology for identifying Eastern entry and exit points for their positions.

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