Us Goldmining Common Stock Filter Stocks by Fundamentals
| USGO Stock | 9.69 0.10 1.04% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess US GoldMining's long-term financial health and intrinsic value.
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US GoldMining ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, US GoldMining's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to US GoldMining's managers, analysts, and investors.Environmental | Governance | Social |
USGO Fundamentals
| Return On Equity | -1.22 | ||||
| Return On Asset | -0.7 | ||||
| Current Valuation | 120.23 M | ||||
| Shares Outstanding | 12.51 M | ||||
| Shares Owned By Insiders | 86.92 % | ||||
| Shares Owned By Institutions | 5.20 % | ||||
| Number Of Shares Shorted | 49.98 K | ||||
| Price To Book | 37.01 X | ||||
| EBITDA | (8.95 M) | ||||
| Net Income | (8.49 M) | ||||
| Total Debt | 109.39 K | ||||
| Book Value Per Share | 0.27 X | ||||
| Cash Flow From Operations | (7.75 M) | ||||
| Short Ratio | 2.66 X | ||||
| Earnings Per Share | (0.70) X | ||||
| Target Price | 26.5 | ||||
| Beta | 2.14 | ||||
| Market Capitalization | 123.09 M | ||||
| Total Asset | 5.15 M | ||||
| Retained Earnings | (23.2 M) | ||||
| Working Capital | 3.7 M | ||||
| Net Asset | 5.15 M |
About US GoldMining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze US GoldMining Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of US GoldMining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of US GoldMining Common based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with US GoldMining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if US GoldMining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in US GoldMining will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to US GoldMining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace US GoldMining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back US GoldMining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling US GoldMining Common to buy it.
The correlation of US GoldMining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as US GoldMining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US GoldMining Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for US GoldMining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out US GoldMining Piotroski F Score and US GoldMining Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US GoldMining. If investors know USGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.