Richmond Minerals Stock Net Income

RMD Stock  CAD 0.03  0.00  0.00%   
Richmond Minerals fundamentals help investors to digest information that contributes to Richmond Minerals' financial success or failures. It also enables traders to predict the movement of Richmond Stock. The fundamental analysis module provides a way to measure Richmond Minerals' 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 Richmond Minerals stock.
Last ReportedProjected for Next Year
Net Loss-760 K-722 K
Net Loss-183 K-192.2 K
Net Loss-760 K-722 K
Net Loss is likely to climb to about (722 K) in 2024. Net Loss is likely to drop to about (192.2 K) in 2024.
  
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Richmond Minerals Company Net Income Analysis

Richmond Minerals' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Richmond Minerals Net Income

    
  (760.04 K)  
Most of Richmond Minerals' fundamental indicators, such as Net Income, 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, Richmond Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Richmond Operating Income

Operating Income

(224,940)

At this time, Richmond Minerals' Operating Income is fairly stable compared to the past year.
Based on the recorded statements, Richmond Minerals reported net income of (760,036). This is 93.68% lower than that of the Metals & Mining sector and 100.06% lower than that of the Materials industry. The net income for all Canada stocks is 100.13% higher than that of the company.

Richmond Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Richmond Minerals' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Richmond Minerals could also be used in its relative valuation, which is a method of valuing Richmond Minerals by comparing valuation metrics of similar companies.
Richmond Minerals is currently under evaluation in net income category among its peers.

Richmond Fundamentals

About Richmond Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Richmond Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Richmond Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Richmond Minerals 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.

Thematic Opportunities

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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.