Aurion Retained Earnings vs Common Stock Analysis

AU Stock  CAD 0.66  0.04  6.45%   
Aurion Resources financial indicator trend analysis is way more than just evaluating Aurion Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aurion Resources is a good investment. Please check the relationship between Aurion Resources Retained Earnings and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurion Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Common Stock

Retained Earnings vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aurion Resources Retained Earnings account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Aurion Resources' Retained Earnings and Common Stock is -0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock in the same time period over historical financial statements of Aurion Resources, assuming nothing else is changed. The correlation between historical values of Aurion Resources' Retained Earnings and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Aurion Resources are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Retained Earnings i.e., Aurion Resources' Retained Earnings and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Common Stock

Most indicators from Aurion Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aurion Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurion Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Aurion Resources' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 60.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.3M4.5M4.1M2.4M
Interest Expense11.1K8.8K7.6K11.2K

Aurion Resources fundamental ratios Correlations

0.891.00.57-0.65-0.980.710.620.970.690.350.960.660.960.690.961.00.880.920.611.00.98-0.910.69-0.41-0.77
0.890.880.43-0.45-0.910.80.420.880.540.540.90.590.950.560.860.90.820.810.60.890.87-0.810.76-0.44-0.71
1.00.880.57-0.66-0.970.710.620.970.690.350.950.660.960.70.961.00.880.920.611.00.98-0.910.69-0.41-0.77
0.570.430.57-0.54-0.490.60.560.450.690.420.460.770.430.70.590.540.680.670.670.510.55-0.540.32-0.39-0.5
-0.65-0.45-0.66-0.540.54-0.59-1.0-0.47-0.92-0.3-0.52-0.63-0.5-0.91-0.54-0.63-0.53-0.59-0.52-0.62-0.540.57-0.550.40.51
-0.98-0.91-0.97-0.490.54-0.67-0.5-0.98-0.58-0.31-0.99-0.61-0.97-0.59-0.94-0.98-0.86-0.91-0.54-0.98-0.970.91-0.660.40.78
0.710.80.710.6-0.59-0.670.590.590.760.880.670.520.680.780.730.710.860.750.80.680.66-0.710.85-0.69-0.72
0.620.420.620.56-1.0-0.50.590.420.930.30.480.640.460.920.510.60.530.590.510.580.5-0.540.54-0.4-0.48
0.970.880.970.45-0.47-0.980.590.420.480.220.950.60.980.490.950.970.820.890.450.980.99-0.860.58-0.27-0.7
0.690.540.690.69-0.92-0.580.760.930.480.560.570.590.521.00.590.670.710.660.790.640.57-0.680.72-0.62-0.66
0.350.540.350.42-0.3-0.310.880.30.220.560.340.160.340.580.420.360.620.390.790.320.31-0.440.73-0.74-0.55
0.960.90.950.46-0.52-0.990.670.480.950.570.340.580.950.580.910.970.830.870.560.960.95-0.910.66-0.43-0.79
0.660.590.660.77-0.63-0.610.520.640.60.590.160.580.620.60.620.640.550.70.330.620.62-0.520.25-0.13-0.39
0.960.950.960.43-0.5-0.970.680.460.980.520.340.950.620.530.940.970.820.880.480.970.96-0.850.65-0.32-0.7
0.690.560.70.7-0.91-0.590.780.920.491.00.580.580.60.530.610.680.730.670.810.650.58-0.690.73-0.64-0.68
0.960.860.960.59-0.54-0.940.730.510.950.590.420.910.620.940.610.960.890.950.570.950.98-0.860.62-0.39-0.74
1.00.91.00.54-0.63-0.980.710.60.970.670.360.970.640.970.680.960.880.920.61.00.98-0.920.69-0.42-0.78
0.880.820.880.68-0.53-0.860.860.530.820.710.620.830.550.820.730.890.880.920.780.860.88-0.880.8-0.6-0.82
0.920.810.920.67-0.59-0.910.750.590.890.660.390.870.70.880.670.950.920.920.570.910.93-0.830.66-0.38-0.71
0.610.60.610.67-0.52-0.540.80.510.450.790.790.560.330.480.810.570.60.780.570.570.54-0.710.78-0.8-0.76
1.00.891.00.51-0.62-0.980.680.580.980.640.320.960.620.970.650.951.00.860.910.570.98-0.90.68-0.38-0.76
0.980.870.980.55-0.54-0.970.660.50.990.570.310.950.620.960.580.980.980.880.930.540.98-0.880.61-0.34-0.74
-0.91-0.81-0.91-0.540.570.91-0.71-0.54-0.86-0.68-0.44-0.91-0.52-0.85-0.69-0.86-0.92-0.88-0.83-0.71-0.9-0.88-0.690.70.96
0.690.760.690.32-0.55-0.660.850.540.580.720.730.660.250.650.730.620.690.80.660.780.680.61-0.69-0.64-0.69
-0.41-0.44-0.41-0.390.40.4-0.69-0.4-0.27-0.62-0.74-0.43-0.13-0.32-0.64-0.39-0.42-0.6-0.38-0.8-0.38-0.340.7-0.640.86
-0.77-0.71-0.77-0.50.510.78-0.72-0.48-0.7-0.66-0.55-0.79-0.39-0.7-0.68-0.74-0.78-0.82-0.71-0.76-0.76-0.740.96-0.690.86
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Aurion Resources Account Relationship Matchups

Aurion Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.7M42.2M65.3M64.6M67.4M70.8M
Total Current Liabilities1.3M404.7K803.4K1.6M1.4M1.5M
Total Stockholder Equity37.8M41.0M63.3M62.0M64.4M67.6M
Property Plant And Equipment Net22.3M30.1M35.4M41.0M181.7K172.6K
Net Debt(8.6M)(1.6M)(20.3M)(7.0M)(5.9M)(6.2M)
Retained Earnings(23.6M)(26.5M)(33.9M)(38.6M)(44.6M)(42.4M)
Accounts Payable1.3M370.4K768.8K715.9K711.6K489.4K
Cash8.8M1.7M20.3M7.0M5.9M4.4M
Non Current Assets Total22.3M34.0M39.2M49.6M58.4M61.3M
Cash And Short Term Investments15.9M7.5M25.3M14.2M8.3M7.3M
Net Receivables984.0K240.7K241.7K292.1K206.9K238.7K
Common Stock Shares Outstanding77.2M83.5M98.6M117.7M127.4M133.8M
Liabilities And Stockholders Equity39.7M42.2M65.3M64.6M67.4M70.8M
Other Stockholder Equity10.3M4.3M20.1M22.9M7.2M6.0M
Total Liab1.9M1.2M2.0M2.6M3.1M3.2M
Total Current Assets17.4M8.2M26.1M15.0M9.0M7.8M
Common Stock51.1M51.2M77.2M77.4M84.4M88.6M
Other Current Assets356.0K370.3K416.0K417.7K495.4K263.1K
Short Term Investments7.2M5.8M5.0M7.2M2.4M3.9M
Accumulated Other Comprehensive Income10.3M11.9M(113.7K)292.0K17.4M18.3M
Net Tangible Assets25.2M37.8M41.0M63.3M72.8M76.5M
Property Plant Equipment14.8M22.3M30.1M35.4M40.7M42.7M
Non Current Liabilities Total558.4K817.7K1.2M1.1M1.6M1.7M
Net Invested Capital37.8M41.0M63.3M62.0M64.4M50.3M
Net Working Capital16.1M7.8M25.3M13.5M7.5M11.5M
Capital Stock51.1M51.2M77.2M77.4M84.4M68.9M

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Additional Tools for Aurion Stock Analysis

When running Aurion Resources' price analysis, check to measure Aurion 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 Aurion Resources is operating at the current time. Most of Aurion Resources' value examination focuses on studying past and present price action to predict the probability of Aurion Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurion Resources' price. Additionally, you may evaluate how the addition of Aurion Resources to your portfolios can decrease your overall portfolio volatility.