Eros Resources Corp Stock Analysis
| ERC Stock | CAD 0.04 0.00 0.00% |
Eros Resources Corp is overvalued with Real Value of 0.0357 and Hype Value of 0.04. The main objective of Eros Resources stock analysis is to determine its intrinsic value, which is an estimate of what Eros Resources Corp is worth, separate from its market price. There are two main types of Eros Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eros Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eros Resources' stock to identify patterns and trends that may indicate its future price movements.
The Eros Resources 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. Eros Resources 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. Eros Stock trading window is adjusted to America/Toronto timezone.
Eros |
Eros Stock Analysis Notes
The company has price-to-book (P/B) ratio of 0.57. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eros Resources Corp recorded a loss per share of 0.01. The entity last dividend was issued on the May 6, 2015. The firm had 1:3 split on the 11th of July 2005. Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. The company was formerly known as Boss Power Corp. and changed its name to Eros Resources Corp. in July 2015. EROS RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. To learn more about Eros Resources Corp call BA CFA at 604 688 8115 or check out https://www.erosresourcescorp.com.Eros Resources Corp Investment Alerts
| Eros Resources Corp had very high historical volatility over the last 90 days | |
| Eros Resources Corp has some characteristics of a very speculative penny stock | |
| Eros Resources Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 75. Net Loss for the year was (5.09 M) with loss before overhead, payroll, taxes, and interest of (100.62 K). | |
| Eros Resources Corp has accumulated about 1.71 M in cash with (621.57 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
Eros Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eros Resources's market, we take the total number of its shares issued and multiply it by Eros 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.Management Efficiency
Eros Resources Corp has return on total asset (ROA) of (0.0965) % which means that it has lost $0.0965 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1474) %, meaning that it generated substantial loss on money invested by shareholders. Eros Resources' management efficiency ratios could be used to measure how well Eros Resources manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Eros Resources' Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 24 M in 2024, whereas Other Assets are likely to drop slightly above 22.4 K in 2024.Leadership effectiveness at Eros Resources Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin -29.3 K | Beta 0.662 | Return On Assets (0.1) | Return On Equity (0.15) |
Technical Drivers
As of the 26th of November, Eros Resources shows the Standard Deviation of 6.34, mean deviation of 2.19, and Variance of 40.26. Eros Resources Corp 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 Eros Resources Corp variance and potential upside to decide if Eros Resources Corp is priced favorably, providing market reflects its regular price of 0.04 per share.Eros Resources Corp Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eros Resources 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 Eros Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Eros Resources Outstanding Bonds
Eros Resources 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. Eros Resources Corp 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 Eros bonds can be classified according to their maturity, which is the date when Eros Resources Corp 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.
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Eros Resources Predictive Daily Indicators
Eros Resources 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 Eros Resources 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.
Eros Resources Forecast Models
Eros Resources' time-series forecasting models are one of many Eros 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 Eros 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.About Eros Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Eros 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 Eros 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 Eros Resources. By using and applying Eros Stock analysis, traders can create a robust methodology for identifying Eros entry and exit points for their positions.
Eros Resources Corp. engages in the identification, acquisition, exploration, and development of mineral, and oil and gas resource properties in North America. The company was formerly known as Boss Power Corp. and changed its name to Eros Resources Corp. in July 2015. EROS RESOURCES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.
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Additional Tools for Eros Stock Analysis
When running Eros Resources' price analysis, check to measure Eros 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 Eros Resources is operating at the current time. Most of Eros Resources' value examination focuses on studying past and present price action to predict the probability of Eros Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eros Resources' price. Additionally, you may evaluate how the addition of Eros Resources to your portfolios can decrease your overall portfolio volatility.