Steppe Gold Stock Analysis
| STGO Stock | CAD 0.64 0.01 1.59% |
Steppe Gold is overvalued with Real Value of 0.58 and Hype Value of 0.64. The main objective of Steppe Gold stock analysis is to determine its intrinsic value, which is an estimate of what Steppe Gold is worth, separate from its market price. There are two main types of Steppe Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Steppe Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Steppe Gold's stock to identify patterns and trends that may indicate its future price movements.
The Steppe Gold stock is traded in Canada on Toronto 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. Steppe Gold is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Steppe Stock trading window is adjusted to America/Toronto timezone.
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Steppe Stock Analysis Notes
About 24.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steppe Gold had not issued any dividends in recent years. Steppe Gold Ltd. explores for and develops precious metals in Mongolia and Canada. The company was incorporated in 2016 and is headquartered in Ulaanbaatar, Mongolia. STEPPE GOLD is traded on Toronto Stock Exchange in Canada. To find out more about Steppe Gold contact Matthew Wood at 976 7732 1914 or learn more at https://steppegold.com.Steppe Gold Investment Alerts
| Steppe Gold has some characteristics of a very speculative penny stock | |
| Steppe Gold had very high historical volatility over the last 90 days | |
| Steppe Gold has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 24.0% of the company outstanding shares are owned by corporate insiders |
Steppe Largest EPS Surprises
Earnings surprises can significantly impact Steppe Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-14 | 2023-09-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2022-05-17 | 2022-03-31 | -0.06 | -0.09 | -0.03 | 50 | ||
2023-03-31 | 2022-12-31 | -0.03 | 0.03 | 0.06 | 200 |
Steppe Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 161.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Steppe Gold's market, we take the total number of its shares issued and multiply it by Steppe 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.Steppe Profitablity
Steppe Gold's profitability indicators refer to fundamental financial ratios that showcase Steppe Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Steppe Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Steppe Gold'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 Steppe Gold's profitability requires more research than a typical breakdown of Steppe Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.07) %, 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 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.10 | 0.10 | |
| Return On Capital Employed | 0.28 | 0.30 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.19 | 0.20 |
Management Efficiency
Steppe Gold has return on total asset (ROA) of 0.1043 % which means that it generated a profit of $0.1043 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.113) %, meaning that it generated substantial loss on money invested by shareholders. Steppe Gold's management efficiency ratios could be used to measure how well Steppe Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.10. Also, Return On Capital Employed is likely to grow to 0.30. At this time, Steppe Gold's Net Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Non Current Assets Total is likely to grow to about 48.6 M, while Total Assets are likely to drop about 72.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.51 | 0.53 | |
| Tangible Book Value Per Share | 0.51 | 0.53 | |
| Enterprise Value Over EBITDA | 3.62 | 3.80 | |
| Price Book Value Ratio | 1.10 | 1.05 | |
| Enterprise Value Multiple | 3.62 | 3.80 | |
| Price Fair Value | 1.10 | 1.05 | |
| Enterprise Value | 83.5 M | 54.5 M |
Leadership effectiveness at Steppe Gold is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.1429 | Profit Margin (0.07) | Beta 1.242 | Return On Assets 0.1043 | Return On Equity (0.11) |
Technical Drivers
As of the 30th of November, Steppe Gold has the Coefficient Of Variation of 3228.38, semi deviation of 2.9, and Risk Adjusted Performance of 0.0316. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Steppe Gold, as well as the relationship between them.Steppe Gold Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Steppe Gold 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 Steppe Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Steppe Gold Outstanding Bonds
Steppe Gold 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. Steppe Gold 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 Steppe bonds can be classified according to their maturity, which is the date when Steppe Gold 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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Steppe Gold Predictive Daily Indicators
Steppe Gold 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 Steppe Gold 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.
Steppe Gold Forecast Models
Steppe Gold's time-series forecasting models are one of many Steppe 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 Steppe 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.About Steppe Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Steppe 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 Steppe 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 Steppe Gold. By using and applying Steppe Stock analysis, traders can create a robust methodology for identifying Steppe entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.21 | 0.22 | |
| Operating Profit Margin | 0.37 | 0.22 | |
| Net Profit Margin | 0.17 | 0.18 | |
| Gross Profit Margin | 0.54 | 0.40 |
Be your own money manager
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 Steppe Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Steppe Stock
Steppe Gold financial ratios help investors to determine whether Steppe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Steppe with respect to the benefits of owning Steppe Gold security.