Golden Minerals Number Of Shares Shorted vs. Price To Sales

AUMN Stock  CAD 0.14  0.01  6.67%   
Based on Golden Minerals' profitability indicators, Golden Minerals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Golden Minerals' ability to earn profits and add value for shareholders. At this time, Golden Minerals' Days Sales Outstanding is very stable compared to the past year. As of the 23rd of December 2024, EV To Sales is likely to grow to 0.07, while Price To Sales Ratio is likely to drop 0.35. At this time, Golden Minerals' Income Tax Expense is very stable compared to the past year. As of the 23rd of December 2024, Net Interest Income is likely to grow to about 33.6 K, while Operating Income is likely to drop (9.6 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.
  
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To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Golden Minerals Price To Sales vs. Number Of Shares Shorted 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 fourth in number of shares shorted category among its peers. It is number one stock in price to sales category among its peers . The ratio of Number Of Shares Shorted to Price To Sales for Golden Minerals is about  3,504 . At this time, Golden Minerals' Price To Sales Ratio is very stable compared to the past year. 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 Price To Sales vs. Number Of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

Golden Minerals

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
2.53 K
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Golden Minerals

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.72 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

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 ReportedProjected for Next Year
Operating Income-9.1 M-9.6 M
Net Loss-9.2 M-9.7 M
Income Tax Expense11 K11.6 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 Income150.3 K142.8 K
Net Interest Income32 K33.6 K
Change To Netincome1.8 M1.9 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.
Pair CorrelationCorrelation Matching

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.

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Artificial Intelligence Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Artificial Intelligence Theme or any other thematic opportunities.
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When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
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To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.
Potential Golden Minerals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Golden Minerals investors may work on each financial statement separately, they are all related. The changes in Golden Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golden Minerals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.