Nevada Sunrise Gold Stock Analysis

NEV Stock  CAD 0.02  0.00  0.00%   
Nevada Sunrise Gold is overvalued with Real Value of 0.0189 and Hype Value of 0.02. The main objective of Nevada Sunrise stock analysis is to determine its intrinsic value, which is an estimate of what Nevada Sunrise Gold is worth, separate from its market price. There are two main types of Nevada Sunrise's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nevada Sunrise's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nevada Sunrise's stock to identify patterns and trends that may indicate its future price movements.
The Nevada Sunrise 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. Nevada Sunrise 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. Nevada Stock trading window is adjusted to America/Toronto timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevada Sunrise Gold. 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.

Nevada Stock Analysis Notes

The company has price-to-book ratio of 0.95. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nevada Sunrise Gold recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 16th of December 2013. Nevada Sunrise Gold Corporation, a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Nevada, the United States. Nevada Sunrise Gold Corporation is headquartered in Vancouver, Canada. NEVADA SUNRISE operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. To find out more about Nevada Sunrise Gold contact Warren Stanyer at 604 428 8028 or learn more at https://www.nevadasunrise.ca.

Nevada Sunrise Gold Investment Alerts

Nevada Sunrise Gold had very high historical volatility over the last 90 days
Nevada Sunrise Gold has some characteristics of a very speculative penny stock
Nevada Sunrise Gold has a very high chance of going through financial distress in the upcoming years
Nevada Sunrise Gold has accumulated 310.12 K in total debt. Nevada Sunrise Gold has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nevada Sunrise until it has trouble settling it off, either with new capital or with free cash flow. So, Nevada Sunrise's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nevada Sunrise Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevada to invest in growth at high rates of return. When we think about Nevada Sunrise's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (2.73 M) with loss before overhead, payroll, taxes, and interest of (1.32 K).
Nevada Sunrise Gold has accumulated about 325.93 K in cash with (2.47 M) of positive cash flow from operations.

Nevada Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.65 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nevada Sunrise's market, we take the total number of its shares issued and multiply it by Nevada Sunrise'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.

Nevada Profitablity

Nevada Sunrise's profitability indicators refer to fundamental financial ratios that showcase Nevada Sunrise's ability to generate income relative to its revenue or operating costs. If, let's say, Nevada Sunrise is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nevada Sunrise'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 Nevada Sunrise's profitability requires more research than a typical breakdown of Nevada Sunrise'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(1.57)(1.49)
Return On Capital Employed(1.67)(1.76)
Return On Assets(1.57)(1.49)
Return On Equity(1.86)(1.95)

Management Efficiency

Nevada Sunrise Gold has return on total asset (ROA) of (0.3942) % which means that it has lost $0.3942 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.7379) %, meaning that it generated substantial loss on money invested by shareholders. Nevada Sunrise's management efficiency ratios could be used to measure how well Nevada Sunrise manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to -1.49 in 2024. Return On Capital Employed is likely to drop to -1.76 in 2024. At this time, Nevada Sunrise's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 1.8 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 2.5 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.02  0.02 
Tangible Book Value Per Share 0.02  0.02 
Enterprise Value Over EBITDA(3.36)(3.52)
Price Book Value Ratio 4.36  2.70 
Enterprise Value Multiple(3.36)(3.52)
Price Fair Value 4.36  2.70 
Enterprise Value15.4 M16.2 M
Leadership effectiveness at Nevada Sunrise Gold is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta
1.16
Return On Assets
(0.39)
Return On Equity
(0.74)

Technical Drivers

As of the 20th of December, Nevada Sunrise secures the Standard Deviation of 7.45, mean deviation of 1.51, and Risk Adjusted Performance of 0.0359. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nevada Sunrise Gold, as well as the relationship between them. Please verify Nevada Sunrise Gold market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Nevada Sunrise Gold is priced some-what accurately, providing market reflects its recent price of 0.02 per share.

Nevada Sunrise Gold Price Movement Analysis

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The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nevada Sunrise 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 Nevada Sunrise Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Nevada Sunrise Outstanding Bonds

Nevada Sunrise 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. Nevada Sunrise Gold 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 Nevada bonds can be classified according to their maturity, which is the date when Nevada Sunrise Gold 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.

Nevada Sunrise Predictive Daily Indicators

Nevada Sunrise 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 Nevada Sunrise 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.

Nevada Sunrise Forecast Models

Nevada Sunrise's time-series forecasting models are one of many Nevada Sunrise'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 Nevada Sunrise'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 Nevada Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nevada Sunrise 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 Nevada 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 Nevada Sunrise. By using and applying Nevada Stock analysis, traders can create a robust methodology for identifying Nevada entry and exit points for their positions.
Last ReportedProjected for Next Year

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Additional Tools for Nevada Stock Analysis

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