Cantex Mine Financials
CTXDF Stock | USD 0.07 0.01 21.61% |
With this module, you can analyze Cantex financials for your investing period. You should be able to track the changes in Cantex Mine individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Cantex |
Understanding current and past Cantex Mine Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cantex Mine's financial statements are interrelated, with each one affecting the others. For example, an increase in Cantex Mine's assets may result in an increase in income on the income statement.
The data published in Cantex Mine's official financial statements typically reflect Cantex Mine's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Cantex Mine's quantitative information. For example, before you start analyzing numbers published by Cantex accountants, it's essential to understand Cantex Mine's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Cantex Mine Stock Summary
Cantex Mine competes with Aurelia Metals, Centaurus Metals, Amarc Resources, and Adriatic Metals. Cantex Mine Development Corp. engages in the acquisition, exploration, and development of mineral properties in Canada, Yemen, and the United States. Cantex Mine Development Corp. is headquartered in Kelowna, Canada. Cantex Mine is traded on OTC Exchange in the United States.Instrument | USA OTC Stock View All |
Exchange | OTCQB Exchange |
Business Address | 203-1634 Harvey Avenue, |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.cantex.ca |
Phone | 250 860 8582 |
Currency | USD - US Dollar |
Cantex Mine Key Financial Ratios
There are many critical financial ratios that Cantex Mine's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cantex Mine Development reports annually and quarterly.Return On Equity | -7.08 | |||
Return On Asset | -1.66 | |||
Beta | 0.38 |
Cantex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cantex Mine's current stock value. Our valuation model uses many indicators to compare Cantex Mine value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cantex Mine competition to find correlations between indicators driving Cantex Mine's intrinsic value. More Info.Cantex Mine Development is rated below average in return on equity category among its peers. It is rated below average 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 Cantex Mine's earnings, one of the primary drivers of an investment's value.Cantex Mine Development Systematic Risk
Cantex Mine's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cantex Mine volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Cantex Mine Development correlated with the market. If Beta is less than 0 Cantex Mine generally moves in the opposite direction as compared to the market. If Cantex Mine Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cantex Mine Development is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cantex Mine is generally in the same direction as the market. If Beta > 1 Cantex Mine moves generally in the same direction as, but more than the movement of the benchmark.
Cantex Mine November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cantex Mine help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cantex Mine Development. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cantex Mine Development based on widely used predictive technical indicators. In general, we focus on analyzing Cantex OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cantex Mine's daily price indicators and compare them against related drivers.
Information Ratio | (0.04) | |||
Maximum Drawdown | 44.15 | |||
Value At Risk | (8.71) | |||
Potential Upside | 8.58 |
Complementary Tools for Cantex OTC Stock analysis
When running Cantex Mine's price analysis, check to measure Cantex Mine's 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 Cantex Mine is operating at the current time. Most of Cantex Mine's value examination focuses on studying past and present price action to predict the probability of Cantex Mine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cantex Mine's price. Additionally, you may evaluate how the addition of Cantex Mine to your portfolios can decrease your overall portfolio volatility.
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