Orestone Mining Corp Stock Fundamentals
| ORS Stock | CAD 0.02 0.00 0.00% |
Orestone Mining Corp fundamentals help investors to digest information that contributes to Orestone Mining's financial success or failures. It also enables traders to predict the movement of Orestone Stock. The fundamental analysis module provides a way to measure Orestone 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 Orestone Mining stock.
At this time, Orestone Mining's Selling General Administrative is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 38.3 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 206.6 K in 2024. Orestone | Select Account or Indicator |
Orestone Mining Corp Company Return On Equity Analysis
Orestone Mining's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Orestone Mining Return On Equity | -0.0342 |
Most of Orestone Mining's fundamental indicators, such as Return On Equity, 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, Orestone Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Orestone Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Orestone Mining is extremely important. It helps to project a fair market value of Orestone Stock properly, considering its historical fundamentals such as Return On Equity. Since Orestone 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 Orestone 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 Orestone Mining's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Orestone Total Stockholder Equity
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Based on the latest financial disclosure, Orestone Mining Corp has a Return On Equity of -0.0342. This is 103.76% lower than that of the Metals & Mining sector and 107.12% lower than that of the Materials industry. The return on equity for all Canada stocks is 88.97% lower than that of the firm.
Orestone Mining Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Orestone Mining's current stock value. Our valuation model uses many indicators to compare Orestone Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orestone Mining competition to find correlations between indicators driving Orestone Mining's intrinsic value. More Info.Orestone Mining Corp is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers . At this time, Orestone Mining's Return On Equity is fairly stable compared to the past year. 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 Orestone Mining's earnings, one of the primary drivers of an investment's value.Orestone Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orestone Mining's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Orestone Mining could also be used in its relative valuation, which is a method of valuing Orestone Mining by comparing valuation metrics of similar companies.Orestone Mining is currently under evaluation in return on equity category among its peers.
Orestone Fundamentals
| Return On Equity | -0.0342 | ||||
| Return On Asset | -0.0178 | ||||
| Current Valuation | 1.17 M | ||||
| Shares Outstanding | 61.66 M | ||||
| Shares Owned By Insiders | 10.34 % | ||||
| Number Of Shares Shorted | 12.48 K | ||||
| Price To Earning | (5.56) X | ||||
| Price To Book | 0.40 X | ||||
| Gross Profit | (15.8 K) | ||||
| EBITDA | (217.49 K) | ||||
| Net Income | (221.2 K) | ||||
| Cash And Equivalents | 918 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 164.79 K | ||||
| Debt To Equity | 3.70 % | ||||
| Current Ratio | 4.06 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (143.5 K) | ||||
| Short Ratio | 0.05 X | ||||
| Beta | 2.31 | ||||
| Market Capitalization | 1.23 M | ||||
| Total Asset | 3.21 M | ||||
| Retained Earnings | (9.79 M) | ||||
| Working Capital | (153.94 K) | ||||
| Net Asset | 3.21 M |
About Orestone Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Orestone Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orestone Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orestone 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.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 36.5 K | 38.3 K |
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Additional Tools for Orestone Stock Analysis
When running Orestone Mining's price analysis, check to measure Orestone 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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone 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 Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.