Highway 50 Gold Stock Fundamentals
| HWY Stock | CAD 0.16 0.04 20.00% |
Highway 50 Gold fundamentals help investors to digest information that contributes to Highway 50's financial success or failures. It also enables traders to predict the movement of Highway Stock. The fundamental analysis module provides a way to measure Highway 50's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Highway 50 stock.
At this time, Highway 50's Selling General Administrative is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 26.5 K in 2024, despite the fact that Gross Profit is likely to grow to (24 K). Highway | Select Account or Indicator |
Highway 50 Gold Company Current Valuation Analysis
Highway 50's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Highway 50 Current Valuation | 7.56 M |
Most of Highway 50's fundamental indicators, such as Current Valuation, 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, Highway 50 Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Highway 50 Gold has a Current Valuation of 7.56 M. This is 99.93% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Canada stocks is 99.95% higher than that of the company.
Highway 50 Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Highway 50's current stock value. Our valuation model uses many indicators to compare Highway 50 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Highway 50 competition to find correlations between indicators driving Highway 50's intrinsic value. More Info.Highway 50 Gold 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 Highway 50's earnings, one of the primary drivers of an investment's value.Highway Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Highway 50's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Highway 50 could also be used in its relative valuation, which is a method of valuing Highway 50 by comparing valuation metrics of similar companies.Highway 50 is currently under evaluation in current valuation category among its peers.
Highway Fundamentals
| Return On Equity | -1.47 | ||||
| Return On Asset | -0.76 | ||||
| Current Valuation | 7.56 M | ||||
| Shares Outstanding | 46.14 M | ||||
| Shares Owned By Insiders | 25.32 % | ||||
| Number Of Shares Shorted | 155 | ||||
| Price To Earning | (22.50) X | ||||
| Price To Book | 9.33 X | ||||
| Price To Sales | 3,876 X | ||||
| EBITDA | (191.03 K) | ||||
| Net Income | (4.32 M) | ||||
| Cash And Equivalents | 225.12 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 384.32 K | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (213.75 K) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Beta | 0.042 | ||||
| Market Capitalization | 7.15 M | ||||
| Total Asset | 1.25 M | ||||
| Retained Earnings | (11.85 M) | ||||
| Working Capital | (250.25 K) | ||||
| Net Asset | 1.25 M |
About Highway 50 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Highway 50 Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highway 50 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highway 50 Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 25.2 K | 26.5 K |
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Additional Tools for Highway Stock Analysis
When running Highway 50's price analysis, check to measure Highway 50'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 Highway 50 is operating at the current time. Most of Highway 50's value examination focuses on studying past and present price action to predict the probability of Highway 50's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway 50's price. Additionally, you may evaluate how the addition of Highway 50 to your portfolios can decrease your overall portfolio volatility.