Avarone Metals Current Valuation vs. Shares Outstanding

AVRTF Stock  USD 0  0.00  0.00%   
Based on Avarone Metals' profitability indicators, Avarone Metals may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Avarone Metals' ability to earn profits and add value for shareholders.
For Avarone Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avarone Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avarone Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avarone Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avarone Metals over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Avarone Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Avarone Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avarone Metals' 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.

Avarone Metals Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Avarone Metals's current stock value. Our valuation model uses many indicators to compare Avarone Metals value to that of its competitors to determine the firm's financial worth.
Avarone Metals is rated third in current valuation category among its peers. It is rated second in shares outstanding category among its peers creating about  54.69  of Shares Outstanding per Current Valuation. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avarone Metals' earnings, one of the primary drivers of an investment's value.

Avarone Current Valuation vs. Competition

Avarone Metals is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 904.75 Million. Avarone Metals adds roughly 1.67 Million in current valuation claiming only tiny portion of all equities under Materials industry.

Avarone Shares Outstanding vs. Current Valuation

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.

Avarone Metals

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
1.67 M
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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Avarone Metals

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
91.41 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Avarone Shares Outstanding Comparison

Avarone Metals is currently under evaluation in shares outstanding category among its peers.

Avarone Metals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Avarone Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avarone Metals will eventually generate negative long term returns. The profitability progress is the general direction of Avarone Metals' change in net profit over the period of time. It can combine multiple indicators of Avarone Metals, 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.
Avarone Metals Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious metals and energy-based resource properties in Canada. Avarone Metals Inc. was incorporated in 1993 and is headquartered in Vancouver, Canada. Avarone Metals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Avarone Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Avarone Metals. 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 Avarone Metals 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 Avarone Metals' important profitability drivers and their relationship over time.

Use Avarone Metals 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 Avarone Metals 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 Avarone Metals will appreciate offsetting losses from the drop in the long position's value.

Avarone Metals Pair Trading

Avarone Metals Pair Trading Analysis

The ability to find closely correlated positions to Avarone Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avarone Metals 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 Avarone Metals - 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 Avarone Metals to buy it.
The correlation of Avarone Metals 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 Avarone Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avarone Metals 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 Avarone Metals 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

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Other Information on Investing in Avarone Pink Sheet

To fully project Avarone Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avarone Metals 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 Avarone Metals' income statement, its balance sheet, and the statement of cash flows.
Potential Avarone Metals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Avarone Metals investors may work on each financial statement separately, they are all related. The changes in Avarone Metals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Avarone Metals'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.