Eminent Gold Corp Stock Analysis

EMNT Stock  CAD 0.33  0.04  13.79%   
Eminent Gold Corp is overvalued with Real Value of 0.26 and Hype Value of 0.29. The main objective of Eminent Gold stock analysis is to determine its intrinsic value, which is an estimate of what Eminent Gold Corp is worth, separate from its market price. There are two main types of Eminent Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Eminent Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Eminent Gold's stock to identify patterns and trends that may indicate its future price movements.
The Eminent Gold stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Eminent Gold is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Eminent Stock trading window is adjusted to America/Toronto timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eminent Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Eminent Stock Analysis Notes

The company recorded a loss per share of 0.09. Eminent Gold Corp had not issued any dividends in recent years. Eminent Gold Corp., a gold exploration company, engages in the exploration and discovery of gold deposits in the United States. Eminent Gold Corp. was incorporated in 2011 and is based in Vancouver, Canada. EMINENT GOLD is traded on Commodity Exchange in Exotistan. To learn more about Eminent Gold Corp call CFA MBA at 312 539 0843 or check out https://eminentgoldcorp.com.

Eminent Gold Corp Investment Alerts

Eminent Gold Corp had very high historical volatility over the last 90 days
Eminent Gold Corp has some characteristics of a very speculative penny stock
Net Loss for the year was (4.18 M) with loss before overhead, payroll, taxes, and interest of (270.79 K).
Eminent Gold Corp has accumulated about 878.58 K in cash with (149.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Latest headline from news.google.com: Eminent Gold Driving world class gold discoveries in Nevada 2024-11-18 Investing News - Stockhouse Publishing

Eminent Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eminent Gold's market, we take the total number of its shares issued and multiply it by Eminent Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Eminent Profitablity

Eminent Gold's profitability indicators refer to fundamental financial ratios that showcase Eminent Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Eminent Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Eminent Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Eminent Gold's profitability requires more research than a typical breakdown of Eminent Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(1.37)(1.44)
Return On Capital Employed(0.34)(0.32)
Return On Assets(1.37)(1.44)
Return On Equity(1.54)(1.46)

Management Efficiency

Eminent Gold Corp has return on total asset (ROA) of (0.5663) % which means that it has lost $0.5663 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.0343) %, meaning that it generated substantial loss on money invested by shareholders. Eminent Gold's management efficiency ratios could be used to measure how well Eminent Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.44 in 2024. Return On Capital Employed is likely to climb to -0.32 in 2024. At this time, Eminent Gold's Net Tangible Assets are fairly stable compared to the past year. Debt To Assets is likely to climb to 56.57 in 2024, whereas Total Current Assets are likely to drop slightly above 289.8 K in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.06  0.03 
Tangible Book Value Per Share 0.06  0.03 
Enterprise Value Over EBITDA(9.56)(10.04)
Price Book Value Ratio 3.70  3.88 
Enterprise Value Multiple(9.56)(10.04)
Price Fair Value 3.70  3.88 
Enterprise Value16.9 M17.7 M
Understanding the operational decisions made by Eminent Gold management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta
1.788
Return On Assets
(0.57)
Return On Equity
(1.03)

Technical Drivers

As of the 4th of December, Eminent Gold shows the Coefficient Of Variation of 2845.89, downside deviation of 5.85, and Mean Deviation of 3.42. Eminent Gold Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eminent Gold Corp downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Eminent Gold Corp is priced favorably, providing market reflects its regular price of 0.33 per share.

Eminent Gold Corp Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Eminent Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Eminent Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Eminent Gold Outstanding Bonds

Eminent Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Eminent Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Eminent bonds can be classified according to their maturity, which is the date when Eminent Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Eminent Gold Predictive Daily Indicators

Eminent Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Eminent Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Eminent Gold Forecast Models

Eminent Gold's time-series forecasting models are one of many Eminent Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Eminent Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Eminent Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Eminent Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Eminent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Eminent Gold. By using and applying Eminent Stock analysis, traders can create a robust methodology for identifying Eminent entry and exit points for their positions.
Last ReportedProjected for Next Year

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Eminent Gold to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Eminent Stock Analysis

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