Augusta Gold Corp Stock Price To Earning
| G Stock | CAD 1.69 0.00 0.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Augusta Gold's long-term financial health and intrinsic value.
Augusta | Price To Earning |
Augusta Gold Corp Company Price To Earning Analysis
Augusta Gold's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Augusta Gold Price To Earning | 154.04 X |
Most of Augusta Gold's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Augusta Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Augusta Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Augusta Gold is extremely important. It helps to project a fair market value of Augusta Stock properly, considering its historical fundamentals such as Price To Earning. Since Augusta Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Augusta Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Augusta Gold's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Augusta Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Augusta Gold Corp has a Price To Earning of 154 times. This is 47.0% higher than that of the Basic Materials sector and notably higher than that of the Gold industry. The price to earning for all Canada stocks is notably lower than that of the firm.
Augusta Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Augusta Gold's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Augusta Gold could also be used in its relative valuation, which is a method of valuing Augusta Gold by comparing valuation metrics of similar companies.Augusta Gold is currently under evaluation in price to earning category among its peers.
Augusta Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Augusta Gold from analyzing Augusta Gold's financial statements. These drivers represent accounts that assess Augusta Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Augusta Gold's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 67.5M | 64.8M | 105.1M | 53.5M | 67.0M | 70.3M | |
| Enterprise Value | 53.1M | 45.2M | 127.6M | 78.6M | 98.1M | 103.0M |
Augusta Fundamentals
| Return On Equity | -22.02 | ||||
| Price To Earning | 154.04 X | ||||
| EBITDA | 239 M | ||||
| Net Income | (6.59 M) | ||||
| Cash And Equivalents | 172 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 36.26 M | ||||
| Debt To Equity | 31.40 % | ||||
| Current Ratio | 0.87 X | ||||
| Book Value Per Share | 11.38 X | ||||
| Cash Flow From Operations | (2.99 M) | ||||
| Earnings Per Share | (0.09) X | ||||
| Price To Earnings To Growth | 0.66 X | ||||
| Beta | 0.73 | ||||
| Market Capitalization | 85.07 M | ||||
| Total Asset | 60.94 M | ||||
| Retained Earnings | (39.82 M) | ||||
| Five Year Return | 1.66 % | ||||
| Net Asset | 60.94 M | ||||
| Last Dividend Paid | 0.11 |
About Augusta Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Augusta Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Augusta Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Augusta Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Augusta Gold
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 Augusta Gold 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 Augusta Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Augusta Stock
| 0.74 | AEM | Agnico Eagle Mines Earnings Call Tomorrow | PairCorr |
| 0.76 | ABX | Barrick Gold Corp | PairCorr |
| 0.7 | FNV | Franco Nevada Earnings Call This Week | PairCorr |
| 0.78 | K | Kinross Gold Corp Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Augusta Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Augusta Gold 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 Augusta Gold - 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 Augusta Gold Corp to buy it.
The correlation of Augusta Gold 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 Augusta Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Augusta Gold Corp 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 Augusta Gold 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.Other Information on Investing in Augusta Stock
Augusta Gold financial ratios help investors to determine whether Augusta Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Augusta with respect to the benefits of owning Augusta Gold security.