Millbank Mining Corp Stock Price To Earning
| MILL Stock | 0.46 0.01 2.13% |
Millbank Mining Corp fundamentals help investors to digest information that contributes to Millbank Mining's financial success or failures. It also enables traders to predict the movement of Millbank Stock. The fundamental analysis module provides a way to measure Millbank Mining'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 Millbank Mining stock.
Millbank | Price To Earning |
Millbank Mining Corp Company Price To Earning Analysis
Millbank Mining's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Millbank Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Millbank Mining is extremely important. It helps to project a fair market value of Millbank Stock properly, considering its historical fundamentals such as Price To Earning. Since Millbank Mining's 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 Millbank Mining's 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 Millbank Mining's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Millbank Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Millbank Mining Corp has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The price to earning for all Canada stocks is 100.0% higher than that of the company.
Millbank Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millbank Mining's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millbank Mining could also be used in its relative valuation, which is a method of valuing Millbank Mining by comparing valuation metrics of similar companies.Millbank Mining is currently under evaluation in price to earning category among its peers.
Millbank Fundamentals
| Return On Equity | -0.83 | ||||
| Return On Asset | -0.46 | ||||
| Current Valuation | 9.78 M | ||||
| Shares Outstanding | 22.39 M | ||||
| Shares Owned By Insiders | 7.36 % | ||||
| Number Of Shares Shorted | 449 | ||||
| Price To Book | 15.37 X | ||||
| EBITDA | (235.78 K) | ||||
| Net Income | (95.15 K) | ||||
| Total Debt | 21.01 K | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | (87.5 K) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 11.19 M | ||||
| Total Asset | 323.65 K | ||||
| Retained Earnings | (598.74 K) | ||||
| Working Capital | 101.28 K | ||||
| Net Asset | 323.65 K |
About Millbank Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millbank Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millbank Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millbank Mining 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 Millbank Stock Analysis
When running Millbank Mining's price analysis, check to measure Millbank Mining'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 Millbank Mining is operating at the current time. Most of Millbank Mining's value examination focuses on studying past and present price action to predict the probability of Millbank Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millbank Mining's price. Additionally, you may evaluate how the addition of Millbank Mining to your portfolios can decrease your overall portfolio volatility.