Tinka Resources Limited Stock Analysis

Tinka Stock Analysis Notes

About 39.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.5. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tinka Resources had not issued any dividends in recent years. The entity had 1:3 split on the 11th of February 2003. Tinka Resources Limited, a junior mineral exploration company, engages in the acquisition and exploration of base and precious metals mineral properties in Peru. The company was incorporated in 1987 and is headquartered in Vancouver, Canada. TINKA RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Tinka Resources Limited contact FAUSIMM B at 604 685 9316 or learn more at https://www.tinkaresources.com.

Tinka Resources Investment Alerts

Tinka Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tinka Resources's market, we take the total number of its shares issued and multiply it by Tinka 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.

Tinka Profitablity

Management Efficiency

Tinka Resources has return on total asset (ROA) of (0.0129) % which means that it has lost $0.0129 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0157) %, meaning that it created substantial loss on money invested by shareholders. Tinka Resources' management efficiency ratios could be used to measure how well Tinka 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 -0.02 in 2024. Return On Capital Employed is likely to climb to -0.02 in 2024. At this time, Tinka Resources' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 83.2 M in 2024, whereas Total Current Assets are likely to drop slightly above 4.9 M in 2024.

Technical Drivers

As of the 23rd of November, Tinka Resources has the Variance of 19.25, coefficient of variation of (1,698), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tinka Resources, as well as the relationship between them. Please validate Tinka Resources market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Tinka Resources is priced more or less accurately, providing market reflects its prevalent price of 0.095 per share.

Tinka Resources Price Movement Analysis

Tinka Resources Outstanding Bonds

Tinka Resources Predictive Daily Indicators

Tinka Resources Forecast Models

Tinka Resources' time-series forecasting models are one of many Tinka 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 Tinka 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 Tinka 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 Tinka 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 Tinka Resources. By using and applying Tinka Stock analysis, traders can create a robust methodology for identifying Tinka entry and exit points for their positions.

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