Lithiumbank Resources Corp Stock Short Ratio
| LBNK Stock | 0.27 0.01 3.85% |
LithiumBank Resources Corp fundamentals help investors to digest information that contributes to LithiumBank Resources' financial success or failures. It also enables traders to predict the movement of LithiumBank Stock. The fundamental analysis module provides a way to measure LithiumBank Resources' 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 LithiumBank Resources stock.
LithiumBank | Short Ratio |
LithiumBank Resources Corp Company Short Ratio Analysis
LithiumBank Resources' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current LithiumBank Resources Short Ratio | 0.38 X |
Most of LithiumBank Resources' fundamental indicators, such as Short Ratio, 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, LithiumBank Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
LithiumBank Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for LithiumBank Resources is extremely important. It helps to project a fair market value of LithiumBank Stock properly, considering its historical fundamentals such as Short Ratio. Since LithiumBank Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of LithiumBank Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of LithiumBank Resources' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, LithiumBank Resources Corp has a Short Ratio of 0.38 times. This is 90.5% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all Canada stocks is 90.5% higher than that of the company.
LithiumBank Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LithiumBank Resources' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of LithiumBank Resources could also be used in its relative valuation, which is a method of valuing LithiumBank Resources by comparing valuation metrics of similar companies.LithiumBank Resources is currently under evaluation in short ratio category among its peers.
LithiumBank Fundamentals
| Current Valuation | 4.77 M | ||||
| Shares Outstanding | 49.88 M | ||||
| Shares Owned By Insiders | 14.61 % | ||||
| Shares Owned By Institutions | 0.37 % | ||||
| Number Of Shares Shorted | 37.22 K | ||||
| Price To Book | 0.86 X | ||||
| EBITDA | (3.47 M) | ||||
| Net Income | (6.97 M) | ||||
| Total Debt | 600 K | ||||
| Cash Flow From Operations | (4.38 M) | ||||
| Short Ratio | 0.38 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 3.5 | ||||
| Market Capitalization | 13.97 M | ||||
| Total Asset | 11.03 M | ||||
| Retained Earnings | (16.74 M) | ||||
| Working Capital | 6.25 M | ||||
| Net Asset | 11.03 M |
About LithiumBank Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LithiumBank Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LithiumBank Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LithiumBank Resources Corp 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.
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Additional Tools for LithiumBank Stock Analysis
When running LithiumBank Resources' price analysis, check to measure LithiumBank 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 LithiumBank Resources is operating at the current time. Most of LithiumBank Resources' value examination focuses on studying past and present price action to predict the probability of LithiumBank Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LithiumBank Resources' price. Additionally, you may evaluate how the addition of LithiumBank Resources to your portfolios can decrease your overall portfolio volatility.