ZincX Resources Valuation
| ZNX Stock | CAD 0.08 0.01 11.11% |
ZincX Resources seems to be overvalued based on Macroaxis valuation methodology. Our model calculates the value of ZincX Resources Corp from examining the company fundamentals such as Return On Asset of -0.0237, shares owned by insiders of 26.61 %, and Current Valuation of 13.97 M as well as analyzing its technical indicators and probability of bankruptcy.
Price Book 0.6288 | Enterprise Value 14 M | Enterprise Value Ebitda (28.11) |
Overvalued
Today
Please note that ZincX Resources' price fluctuation is out of control at this time. Calculation of the real value of ZincX Resources Corp is based on 3 months time horizon. Increasing ZincX Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the ZincX stock is determined by what a typical buyer is willing to pay for full or partial control of ZincX Resources Corp. Since ZincX Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ZincX Stock. However, ZincX Resources' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.08 | Real 0.0714 | Hype 0.08 | Naive 0.0755 |
The intrinsic value of ZincX Resources' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ZincX Resources' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ZincX Resources Corp helps investors to forecast how ZincX stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ZincX Resources more accurately as focusing exclusively on ZincX Resources' fundamentals will not take into account other important factors: ZincX Resources Cash |
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ZincX Resources Total Value Analysis
ZincX Resources Corp is at this time estimated to have takeover price of 13.97 M with market capitalization of 15.03 M, debt of 1.49 M, and cash on hands of 3.72 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the ZincX Resources fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
13.97 M | 15.03 M | 1.49 M | 3.72 M |
ZincX Resources Asset Utilization
One of the ways to look at asset utilization of ZincX is to check how much profit was generated for every dollar of assets it reports. ZincX Resources Corp maintains a negative usage of resources of -0.0237 (%), losing C$2.37E-4 for each dollar of resources held by the company. Inadequate asset utilization attests that the company is being less effective with each dollar of resources it maintains. Specifically, asset utilization of ZincX Resources Corp shows how discouraging it operates for each dollar spent on its resources.ZincX Resources Ownership Allocation
ZincX Resources Corp retains a total of 187.9 Million outstanding shares. ZincX Resources Corp owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.ZincX Resources Profitability Analysis
Net Loss for the year was (564.66 K) with profit before overhead, payroll, taxes, and interest of 0.About ZincX Resources Valuation
Our relative valuation model uses a comparative analysis of ZincX Resources. We calculate exposure to ZincX Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ZincX Resources's related companies.| Last Reported | Projected for Next Year | ||
| Gross Profit | -2 K | -2.1 K |
Additional Tools for ZincX Stock Analysis
When running ZincX Resources' price analysis, check to measure ZincX 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.