Galore Resources Financials
GRI Stock | CAD 0.01 0.01 50.00% |
Short Ratio 0.32 | Return On Equity (0.32) |
Galore | Select Account or Indicator |
Understanding current and past Galore Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Galore Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Galore Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Galore Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Galore Resources. Check Galore Resources' Beneish M Score to see the likelihood of Galore Resources' management manipulating its earnings.
Galore Resources Stock Summary
Galore Resources competes with Western Investment, Canadian General, Atrium Mortgage, and Converge Technology. Galore Resources Inc., together with its subsidiary, Minerales Galore, S.A de C.V., acquires, explores for, and evaluates mineral properties in Canada and Mexico. Galore Resources Inc. was incorporated in 2004 and is headquartered in North Vancouver, Canada. GALORE RESOURCES is traded on TSX Venture Exchange in Canada.Foreign Associate | USA |
Specialization | Basic Materials, Other Industrial Metals & Mining |
Instrument | Canada Stock View All |
Exchange | TSX Venture Exchange |
ISIN | CA3640961072 |
Business Address | 1125 Howe Street, |
Sector | Metals & Mining |
Industry | Materials |
Benchmark | Dow Jones Industrial |
Website | www.galoreresources.com |
Phone | 604 647 2298 |
Currency | CAD - Canadian Dollar |
You should never invest in Galore Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Galore Stock, because this is throwing your money away. Analyzing the key information contained in Galore Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Galore Resources Key Financial Ratios
There are many critical financial ratios that Galore Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Galore Resources reports annually and quarterly.EBITDA | (660.04 K) | ||||
Net Income | (856.75 K) | ||||
Total Asset | 11.46 M | ||||
Retained Earnings | (19.4 M) |
Galore Resources Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2M | 7.7M | 8.7M | 9.9M | 11.5M | 7.6M | |
Other Current Liab | 1.4M | 570.8K | 1.4M | 2.3M | 2.7M | 2.8M | |
Net Tangible Assets | 4.3M | 4.0M | 3.8M | 4.1M | 3.7M | 3.4M | |
Retained Earnings | (16.1M) | (16.6M) | (17.4M) | (18.5M) | (19.4M) | (20.4M) | |
Accounts Payable | 1.7M | 2.1M | 2.6M | 3.8M | 8.3M | 8.8M | |
Cash | 1.0K | 344.0 | 74.7K | 2.8K | 2.1K | 2.0K | |
Net Receivables | 41.9K | 5.8K | 4.5K | 377.0 | 3.9K | 3.7K | |
Total Liab | 3.2M | 3.8M | 4.6M | 6.9M | 9.3M | 9.8M | |
Short Long Term Debt | 536.5K | 657.7K | 621.2K | 800.1K | 961.8K | 488.2K | |
Total Current Assets | 43.0K | 6.1K | 94.3K | 3.1K | 17.2K | 16.4K | |
Common Stock | 16.9M | 17.2M | 17.5M | 18.4M | 21.1M | 18.4M | |
Net Debt | 535.5K | 657.3K | 546.5K | 797.4K | 959.8K | 626.6K | |
Net Invested Capital | 4.5M | 4.5M | 4.7M | 3.8M | 3.1M | 3.4M | |
Net Working Capital | (3.1M) | (3.8M) | (4.5M) | (6.9M) | (9.3M) | (8.8M) |
Galore Resources Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 141.8K | 204.9K | 225.8K | 299.2K | 322.1K | 338.2K | |
Selling General Administrative | 469.7K | 387.1K | 674.8K | 168.7K | 49.2K | 46.7K | |
Operating Income | (470.0K) | (389.6K) | (674.8K) | (685.4K) | (506.5K) | (531.8K) | |
Net Income From Continuing Ops | (660.5K) | (439.1K) | (799.0K) | (1.2M) | (856.7K) | (813.9K) | |
Ebit | (602.1K) | (405.0K) | (389.3K) | (662.6K) | (596.3K) | (566.5K) | |
Total Operating Expenses | 470.0K | 389.6K | 674.8K | 685.4K | 506.5K | 454.8K | |
Income Before Tax | (660.5K) | (439.1K) | (799.0K) | (1.2M) | (856.7K) | (813.9K) | |
Total Other Income Expense Net | (48.7K) | 155.4K | 101.6K | (212.0K) | (28.1K) | (26.7K) | |
Net Income Applicable To Common Shares | (702.5K) | (660.5K) | (439.1K) | (799.0K) | (719.1K) | (683.2K) | |
Net Income | (660.5K) | (439.1K) | (799.0K) | (1.2M) | (856.7K) | (813.9K) | |
Net Interest Income | (141.8K) | (204.9K) | (225.8K) | (299.2K) | (322.1K) | (306.0K) | |
Ebitda | (626.6K) | (518.4K) | (222.1K) | (573.2K) | (659.2K) | (692.2K) |
Galore Resources Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (120.0) | (691.0) | 74.3K | (71.9K) | (692.0) | (726.6) | |
Capital Expenditures | 369.2K | 140.5K | 396.6K | 146.0K | 66.4K | 63.1K | |
Net Income | (660.5K) | (439.1K) | (799.0K) | (1.2M) | (856.7K) | (813.9K) | |
Change To Netincome | 257.7K | 208.6K | 190.1K | 294.9K | 339.1K | 356.1K | |
End Period Cash Flow | 1.0K | 344.0 | 74.7K | 2.8K | 2.1K | 2.0K | |
Investments | (369.2K) | (140.5K) | (396.6K) | (146.0K) | (66.4K) | (69.7K) | |
Free Cash Flow | (470.2K) | (223.8K) | (666.9K) | (148.6K) | (108.4K) | (113.8K) | |
Other Non Cash Items | 157.6K | 207.7K | 235.8K | 299.2K | 323.3K | 228.6K |
Galore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Galore Resources's current stock value. Our valuation model uses many indicators to compare Galore Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Galore Resources competition to find correlations between indicators driving Galore Resources's intrinsic value. More Info.Galore Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks 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 Galore Resources' earnings, one of the primary drivers of an investment's value.Galore Resources Systematic Risk
Galore Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Galore Resources 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Galore Resources correlated with the market. If Beta is less than 0 Galore Resources generally moves in the opposite direction as compared to the market. If Galore Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Galore Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Galore Resources is generally in the same direction as the market. If Beta > 1 Galore Resources moves generally in the same direction as, but more than the movement of the benchmark.
Galore Resources Total Assets Over Time
Galore Resources December 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Galore Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Galore Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Galore Resources based on widely used predictive technical indicators. In general, we focus on analyzing Galore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Galore Resources's daily price indicators and compare them against related drivers.
Information Ratio | 0.0787 | |||
Maximum Drawdown | 150.0 | |||
Value At Risk | (50.00) | |||
Potential Upside | 100.0 |
Additional Tools for Galore Stock Analysis
When running Galore Resources' price analysis, check to measure Galore Resources' 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 Galore Resources is operating at the current time. Most of Galore Resources' value examination focuses on studying past and present price action to predict the probability of Galore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galore Resources' price. Additionally, you may evaluate how the addition of Galore Resources to your portfolios can decrease your overall portfolio volatility.