P2 Gold Stock Number Of Shares Shorted
| PGLD Stock | CAD 0.54 0.02 3.85% |
Fundamental analysis of P2 Gold allows traders to better anticipate movements in P2 Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
PGLD |
P2 Gold Company Number Of Shares Shorted Analysis
P2 Gold's 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.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current P2 Gold Number Of Shares Shorted | 85.2 K |
Most of P2 Gold's fundamental indicators, such as Number Of Shares Shorted, 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, P2 Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, P2 Gold has 85.2 K of outstending shares currently sold short by investors. This is 97.37% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The number of shares shorted for all Canada stocks is 98.19% higher than that of the company.
PGLD Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses P2 Gold's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of P2 Gold could also be used in its relative valuation, which is a method of valuing P2 Gold by comparing valuation metrics of similar companies.P2 Gold is currently under evaluation in number of shares shorted category among its peers.
PGLD Fundamentals
| Return On Equity | 0.38 | ||||
| Return On Asset | -0.13 | ||||
| Current Valuation | 104.84 M | ||||
| Shares Outstanding | 219.79 M | ||||
| Shares Owned By Insiders | 16.20 % | ||||
| Shares Owned By Institutions | 9.31 % | ||||
| Number Of Shares Shorted | 85.2 K | ||||
| Price To Book | 12.70 X | ||||
| EBITDA | (1.32 M) | ||||
| Net Income | 4.15 M | ||||
| Cash And Equivalents | 1.2 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 2.36 M | ||||
| Debt To Equity | 0.27 % | ||||
| Current Ratio | 5.26 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (1.64 M) | ||||
| Short Ratio | 0.02 X | ||||
| Target Price | 0.7 | ||||
| Beta | 2.24 | ||||
| Market Capitalization | 114.29 M | ||||
| Total Asset | 685.1 K | ||||
| Retained Earnings | (49.01 M) | ||||
| Working Capital | (2.1 M) | ||||
| Net Asset | 685.1 K |
About P2 Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze P2 Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of P2 Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of P2 Gold 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.
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Additional Tools for PGLD Stock Analysis
When running P2 Gold's price analysis, check to measure P2 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 P2 Gold is operating at the current time. Most of P2 Gold's value examination focuses on studying past and present price action to predict the probability of P2 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 P2 Gold's price. Additionally, you may evaluate how the addition of P2 Gold to your portfolios can decrease your overall portfolio volatility.