Romios Gold Resources Stock Analysis

Romios Stock Analysis Notes

The company had not issued any dividends in recent years. Romios Gold Resources Inc. engages in the exploration of precious and base metals in Canada. Romios Gold Resources Inc. was founded in 1995 and is headquartered in Toronto, Canada. ROMIOS GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange. To find out more about Romios Gold Resources contact Stephen Burega at 416 221 4124 or learn more at https://www.romios.com.

Romios Gold Resources Investment Alerts

Romios Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Romios Gold's market, we take the total number of its shares issued and multiply it by Romios Gold'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.

Romios Profitablity

Management Efficiency

Romios Gold Resources has return on total asset (ROA) of (0.742) % which means that it has lost $0.742 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (4.2588) %, meaning that it created substantial loss on money invested by shareholders. Romios Gold's management efficiency ratios could be used to measure how well Romios Gold manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Romios Gold's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 0.88 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (3.03). At this time, Romios Gold's Net Tangible Assets are fairly stable compared to the past year. Intangibles To Total Assets is likely to climb to 0.05 in 2024, whereas Total Assets are likely to drop slightly above 246.7 K in 2024.

Technical Drivers

As of the 2nd of December, Romios Gold holds the Coefficient Of Variation of 908.55, semi deviation of 14.67, and Risk Adjusted Performance of 0.0939. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Romios Gold, as well as the relationship between them. Please check Romios Gold Resources treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Romios Gold Resources is priced some-what accurately, providing market reflects its current price of 0.015 per share.

Romios Gold Resources Price Movement Analysis

Romios Gold Outstanding Bonds

Romios Gold Predictive Daily Indicators

Romios Gold Forecast Models

Romios Gold's time-series forecasting models are one of many Romios Gold'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 Romios Gold'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.

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

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