USGO Free Cash Flow Per Share from 2010 to 2024
| USGO Stock | 10.50 0.32 2.96% |
Free Cash Flow Per Share | First Reported 2010-12-31 | Previous Quarter (0.97) | Current Value (0.92) | Quarterly Volatility 0.36032999 |
Check US GoldMining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among US GoldMining's main balance sheet or income statement drivers, such as Tax Provision of 6 K, Depreciation And Amortization of 39.5 K or Selling General Administrative of 5.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.49. USGO financial statements analysis is a perfect complement when working with US GoldMining Valuation or Volatility modules.
USGO | Free Cash Flow Per Share |
Latest US GoldMining's Free Cash Flow Per Share Growth Pattern
Below is the plot of the Free Cash Flow Per Share of US GoldMining Common over the last few years. It is the amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. US GoldMining's Free Cash Flow Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in US GoldMining's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Per Share | 10 Years Trend |
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Free Cash Flow Per Share |
| Timeline |
USGO Free Cash Flow Per Share Regression Statistics
| Arithmetic Mean | (0.22) | |
| Coefficient Of Variation | (166.64) | |
| Mean Deviation | 0.28 | |
| Median | (0.04) | |
| Standard Deviation | 0.36 | |
| Sample Variance | 0.13 | |
| Range | 0.9347 | |
| R-Value | (0.72) | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.51 | |
| Significance | 0 | |
| Slope | (0.06) | |
| Total Sum of Squares | 1.82 |
USGO Free Cash Flow Per Share History
About US GoldMining Financial Statements
US GoldMining investors utilize fundamental indicators, such as Free Cash Flow Per Share, to predict how USGO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Per Share | (0.97) | (0.92) |
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.Moving together with USGO Stock
Moving against USGO Stock
| 0.68 | BYU | BAIYU Holdings | PairCorr |
| 0.48 | ELBM | Electra Battery Materials | PairCorr |
| 0.39 | NB | NioCorp Developments | PairCorr |
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 the analysis of US GoldMining Correlation against competitors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
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.