Richmond Financial Statements From 2010 to 2024
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Check Richmond Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richmond Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Richmond financial statements analysis is a perfect complement when working with Richmond Minerals Valuation or Volatility modules.
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Richmond Minerals Company Return On Equity Analysis
Richmond Minerals' 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 Richmond Minerals Return On Equity | -0.0607 |
Most of Richmond Minerals' 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, Richmond Minerals 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.
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Based on the latest financial disclosure, Richmond Minerals has a Return On Equity of -0.0607. This is 106.67% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on equity for all United States stocks is 80.42% lower than that of the firm.
Richmond Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Richmond Minerals's current stock value. Our valuation model uses many indicators to compare Richmond Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Richmond Minerals competition to find correlations between indicators driving Richmond Minerals's intrinsic value. More Info.Richmond Minerals is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top 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 Richmond Minerals' earnings, one of the primary drivers of an investment's value.About Richmond Minerals Financial Statements
Richmond Minerals stakeholders use historical fundamental indicators, such as Richmond Minerals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Richmond Minerals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Richmond Minerals' assets and liabilities are reflected in the revenues and expenses on Richmond Minerals' 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 Richmond Minerals. Please read more on our technical analysis and fundamental analysis pages.
Richmond Minerals Inc. engages in the exploration and development of base and precious metals in Canada and Austria. The company was founded in 1983 and is headquartered in Toronto, Canada. RICHMOND MINERALS operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in Richmond Pink Sheet
Richmond Minerals financial ratios help investors to determine whether Richmond Pink Sheet 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 Richmond with respect to the benefits of owning Richmond Minerals security.