Valore Metals Corp Stock Current Asset
VO Stock | CAD 0.08 0.01 11.11% |
ValOre Metals Corp fundamentals help investors to digest information that contributes to ValOre Metals' financial success or failures. It also enables traders to predict the movement of ValOre Stock. The fundamental analysis module provides a way to measure ValOre Metals' 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 ValOre Metals stock.
Total Current Assets is likely to climb to about 2.2 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 7.7 M in 2024. ValOre | Current Asset |
ValOre Metals Corp Company Current Asset Analysis
ValOre Metals' Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
ValOre Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for ValOre Metals is extremely important. It helps to project a fair market value of ValOre Stock properly, considering its historical fundamentals such as Current Asset. Since ValOre Metals' 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 ValOre Metals' 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 ValOre Metals' interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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ValOre Total Assets
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In accordance with the recently published financial statements, ValOre Metals Corp has a Current Asset of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
ValOre Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of ValOre Metals from analyzing ValOre Metals' financial statements. These drivers represent accounts that assess ValOre Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ValOre Metals' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 16.4M | 25.8M | 40.3M | 50.7M | 58.3M | 38.7M | |
Enterprise Value | 13.9M | 26.5M | 37.8M | 49.7M | 57.1M | 36.3M |
ValOre Fundamentals
Return On Equity | -0.34 | ||||
Return On Asset | -0.21 | ||||
Current Valuation | 17.51 M | ||||
Shares Outstanding | 229.06 M | ||||
Shares Owned By Insiders | 18.79 % | ||||
Shares Owned By Institutions | 7.90 % | ||||
Number Of Shares Shorted | 208 | ||||
Price To Book | 2.02 X | ||||
Gross Profit | (1.68 K) | ||||
EBITDA | (7.46 M) | ||||
Net Income | 24 M | ||||
Cash And Equivalents | 1.23 M | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 1.08 M | ||||
Current Ratio | 38.60 X | ||||
Book Value Per Share | 0.05 X | ||||
Cash Flow From Operations | (6.46 M) | ||||
Earnings Per Share | 0.17 X | ||||
Target Price | 0.82 | ||||
Beta | 1.29 | ||||
Market Capitalization | 17.18 M | ||||
Total Asset | 10.3 M | ||||
Retained Earnings | (79.78 M) | ||||
Working Capital | 272.03 K | ||||
Net Asset | 10.3 M |
About ValOre Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ValOre Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ValOre Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ValOre Metals 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 ValOre Stock Analysis
When running ValOre Metals' price analysis, check to measure ValOre Metals' 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 ValOre Metals is operating at the current time. Most of ValOre Metals' value examination focuses on studying past and present price action to predict the probability of ValOre Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ValOre Metals' price. Additionally, you may evaluate how the addition of ValOre Metals to your portfolios can decrease your overall portfolio volatility.