Golden Minerals Net Income vs. Current Valuation
| AUMN Stock | CAD 0.14 0.01 6.67% |
Net Loss | First Reported 1997-03-31 | Previous Quarter -2.7 M | Current Value 199 K | Quarterly Volatility 69.7 M |
For Golden Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Golden Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Golden Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Golden Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Golden Minerals over time as well as its relative position and ranking within its peers.
Golden |
Golden Minerals Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Golden Minerals's current stock value. Our valuation model uses many indicators to compare Golden Minerals value to that of its competitors to determine the firm's financial worth. Golden Minerals is rated fifth in net income category among its peers. It is rated below average in current valuation category among its peers . Golden Minerals reported last year Net Loss of (9.23 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Golden Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Golden Minerals' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Golden Current Valuation vs. Net Income
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.
Golden Minerals |
| = | (9.23 M) |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Golden Minerals |
| = | (471.64 K) |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Golden Current Valuation vs Competition
Golden Minerals is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 346.86 Million. Golden Minerals has negative current valuation of (471,645) contributing less than 1% to the industry.
Golden Minerals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Golden Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Golden Minerals will eventually generate negative long term returns. The profitability progress is the general direction of Golden Minerals' change in net profit over the period of time. It can combine multiple indicators of Golden Minerals, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -9.1 M | -9.6 M | |
| Net Loss | -9.2 M | -9.7 M | |
| Income Tax Expense | 11 K | 11.6 K | |
| Income Before Tax | -9.2 M | -9.7 M | |
| Total Other Income Expense Net | -97 K | -92.2 K | |
| Net Loss | -9.2 M | -9.7 M | |
| Net Loss | -2.4 M | -2.5 M | |
| Interest Income | 150.3 K | 142.8 K | |
| Net Interest Income | 32 K | 33.6 K | |
| Change To Netincome | 1.8 M | 1.9 M | |
| Net Loss | (1.08) | (1.13) | |
| Income Quality | 1.07 | 1.13 | |
| Net Income Per E B T | 1.00 | 0.76 |
Golden Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Golden Minerals. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Golden Minerals position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Golden Minerals' important profitability drivers and their relationship over time.
Use Golden Minerals in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Minerals will appreciate offsetting losses from the drop in the long position's value.Golden Minerals Pair Trading
Golden Minerals Pair Trading Analysis
The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Minerals to buy it.
The correlation of Golden Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Golden Minerals position
In addition to having Golden Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 constituents at this time.
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Check out Trending Equities. To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project Golden Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Golden Minerals at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Golden Minerals' income statement, its balance sheet, and the statement of cash flows.