Sitka Gold Corp Stock Short Ratio
| SIG Stock | 1.02 0.03 3.03% |
Fundamental analysis of Sitka Gold allows traders to better anticipate movements in Sitka Gold's stock price by examining its financial health and performance throughout various phases of its business cycle.
Sitka | Short Ratio |
Sitka Gold Corp Company Short Ratio Analysis
Sitka Gold's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Sitka Gold Short Ratio | 0.08 X |
Most of Sitka Gold's fundamental indicators, such as Short Ratio, 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, Sitka Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sitka Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Sitka Gold is extremely important. It helps to project a fair market value of Sitka Stock properly, considering its historical fundamentals such as Short Ratio. Since Sitka 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 Sitka 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 Sitka Gold's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, Sitka Gold Corp has a Short Ratio of 0.08 times. This is 98.0% lower than that of the Basic Materials sector and 97.3% lower than that of the Gold industry. The short ratio for all Canada stocks is 98.0% higher than that of the company.
Sitka Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sitka Gold's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sitka Gold could also be used in its relative valuation, which is a method of valuing Sitka Gold by comparing valuation metrics of similar companies.Sitka Gold is currently under evaluation in short ratio category among its peers.
Sitka Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0533 | ||||
| Current Valuation | 387.47 M | ||||
| Shares Outstanding | 407.53 M | ||||
| Shares Owned By Insiders | 13.79 % | ||||
| Shares Owned By Institutions | 18.50 % | ||||
| Number Of Shares Shorted | 220.45 K | ||||
| Price To Book | 6.18 X | ||||
| EBITDA | (425.11 K) | ||||
| Net Income | (446.43 K) | ||||
| Cash And Equivalents | 1.68 M | ||||
| Cash Per Share | 0.06 X | ||||
| Current Ratio | 19.89 X | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (557.4 K) | ||||
| Short Ratio | 0.08 X | ||||
| Earnings Per Share | 0.98 X | ||||
| Target Price | 2.33 | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 403.45 M |
About Sitka Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sitka Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sitka Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sitka 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.
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Additional Tools for Sitka Stock Analysis
When running Sitka Gold's price analysis, check to measure Sitka 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 Sitka Gold is operating at the current time. Most of Sitka Gold's value examination focuses on studying past and present price action to predict the probability of Sitka 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 Sitka Gold's price. Additionally, you may evaluate how the addition of Sitka Gold to your portfolios can decrease your overall portfolio volatility.