Richmond Minerals Financials

RMD Stock  CAD 0.03  0.01  16.67%   
We recommend to use Richmond Minerals fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Richmond Minerals as well as the relationship between them. We were able to interpolate twenty-four available financial ratios for Richmond Minerals, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Richmond Minerals to be traded at C$0.0238 in 90 days. Key indicators impacting Richmond Minerals' financial strength include:
Short Ratio
0.04
Return On Equity
(0.54)
  
Please note, the imprecision that can be found in Richmond Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Richmond Minerals. Check Richmond Minerals' Beneish M Score to see the likelihood of Richmond Minerals' management manipulating its earnings.

Richmond Minerals Stock Summary

Richmond Minerals competes with Osisko Metals, Verizon Communications, and Cogeco Communications. Richmond Minerals Inc. engages in the exploration and development of base and precious metals in northern Ontario and Quebec, Canada. It primarily focuses on the exploration of the Ridley Lake gold project that consists of 154 mining claims located in the Swayze Greenstone Belt in north central Ontario. RICHMOND MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Other Precious Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA7651872086
Business Address120 Adelaide Street
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websiterichmondminerals.com
Phone416 603 2114
CurrencyCAD - Canadian Dollar
You should never invest in Richmond Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Richmond Stock, because this is throwing your money away. Analyzing the key information contained in Richmond Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Richmond Minerals Key Financial Ratios

There are many critical financial ratios that Richmond Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Richmond Minerals reports annually and quarterly.

Richmond Minerals Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5M3.0M3.0M3.0M2.8M2.1M
Other Current Liab356.8K210K249.7K246.8K4.3K4.1K
Net Tangible Assets2.1M2.8M2.7M2.5M2.9M1.6M
Retained Earnings(18.1M)(18.5M)(18.6M)(18.8M)(19.6M)(20.5M)
Accounts Payable64.0K47.8K47.1K42.5K38.2K69.7K
Cash154.9K100.9K101.6K13.8K389.5K409.0K
Net Receivables27.8K120.1K20.9K5.0K5.7K5.4K
Total Liab435.0K264.0K342.2K500.6K645.2K381.6K
Total Current Assets197.4K232.5K134.5K26.0K580.5K609.6K
Common Stock18.1M18.6M18.7M18.7M21.5M18.9M
Net Invested Capital2.1M2.8M2.7M2.6M2.5M2.2M
Net Working Capital(237.6K)(31.5K)(207.7K)(472.6K)(64.7K)(67.9K)

Richmond Minerals Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense367.0575.0297.0426.011.7K12.3K
Gross Profit(1.7K)(1.4K)(489.0)(398.0)(324.0)(340.2)
Operating Income(604.7K)(470.6K)(192.8K)(161.1K)(214.2K)(224.9K)
Ebit(552.7K)(442.8K)(163.8K)(129.4K)(148.8K)(156.2K)
Cost Of Revenue1.7K1.4K489.0398.0324.0307.8
Income Before Tax(814.7K)(469.6K)(194.7K)(162.1K)(792.5K)(752.9K)
Net Income(731.6K)(374.0K)(191.4K)(159.2K)(760.0K)(722.0K)
Income Tax Expense(83.1K)(95.6K)(3.3K)(2.9K)(2.6K)(2.8K)
Tax Provision(83.1K)(95.6K)(3.3K)(2.9K)(32.5K)(34.1K)
Net Interest Income(367.0)(575.0)(297.0)(426.0)(11.7K)(11.1K)
Ebitda(305.6K)(812.6K)(467.6K)(193.9K)(174.5K)(183.3K)

Richmond Minerals Key Cash Accounts

201920202021202220232024 (projected)
Investments(123.6K)(475.8K)(69.9K)(106.1K)68.3K71.7K
Change In Cash46.6K(53.9K)698.0(87.9K)375.7K394.5K
Depreciation705.0600.0489.0398.0324.0307.8
Capital Expenditures122.9K475.8K69.9K106.1K222.0K216.0K
Net Income(731.6K)(374.0K)(191.4K)(159.2K)(760.0K)(722.0K)
Change To Netincome403.9K(21.9K)38.1K(2.4K)(2.8K)(2.6K)
End Period Cash Flow154.9K100.9K101.6K13.8K389.5K409.0K
Free Cash Flow(445.4K)(966.9K)(72.0K)(187.9K)(454.6K)(477.3K)

Richmond Financial Ratios 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.

Richmond Minerals Systematic Risk

Richmond Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Richmond Minerals 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.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Richmond Minerals correlated with the market. If Beta is less than 0 Richmond Minerals generally moves in the opposite direction as compared to the market. If Richmond Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Richmond Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Richmond Minerals is generally in the same direction as the market. If Beta > 1 Richmond Minerals moves generally in the same direction as, but more than the movement of the benchmark.

Richmond Minerals Total Assets Over Time

Richmond Minerals December 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Richmond Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Richmond Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Richmond Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Richmond Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Richmond Minerals's daily price indicators and compare them against related drivers.

Additional Tools for Richmond Stock Analysis

When running Richmond Minerals' price analysis, check to measure Richmond Minerals' 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 Richmond Minerals is operating at the current time. Most of Richmond Minerals' value examination focuses on studying past and present price action to predict the probability of Richmond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Minerals' price. Additionally, you may evaluate how the addition of Richmond Minerals to your portfolios can decrease your overall portfolio volatility.