Orefinders Financial Statements From 2010 to 2024
| ORFDF Stock | USD 0.05 0 4.93% |
Check Orefinders Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orefinders Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Orefinders financial statements analysis is a perfect complement when working with Orefinders Resources Valuation or Volatility modules.
Orefinders |
Orefinders Resources OTC Stock Return On Equity Analysis
Orefinders Resources' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Orefinders Resources Return On Equity | -0.18 |
Most of Orefinders Resources' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Orefinders Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Orefinders Resources has a Return On Equity of -0.1809. This is 119.88% lower than that of the Basic Materials sector and 280.9% lower than that of the Gold industry. The return on equity for all United States stocks is 41.65% lower than that of the firm.
Orefinders Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Orefinders Resources's current stock value. Our valuation model uses many indicators to compare Orefinders Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orefinders Resources competition to find correlations between indicators driving Orefinders Resources's intrinsic value. More Info.Orefinders Resources is rated below average in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Orefinders Resources' earnings, one of the primary drivers of an investment's value.About Orefinders Resources Financial Statements
Orefinders Resources stakeholders use historical fundamental indicators, such as Orefinders Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Orefinders Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Orefinders Resources' assets and liabilities are reflected in the revenues and expenses on Orefinders Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Orefinders Resources. Please read more on our technical analysis and fundamental analysis pages.
Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in the Abitibi region of Ontario. The company was incorporated in 2011 and is headquartered in Toronto, Canada. Orange Fund is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Other Information on Investing in Orefinders OTC Stock
Orefinders Resources financial ratios help investors to determine whether Orefinders OTC 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 Orefinders with respect to the benefits of owning Orefinders Resources security.