ExGen Financial Statements From 2010 to 2024
| EXG Stock | CAD 0.07 0.00 0.00% |
Check ExGen Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ExGen main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . ExGen financial statements analysis is a perfect complement when working with ExGen Resources Valuation or Volatility modules.
ExGen |
ExGen Resources Company Shares Outstanding Analysis
ExGen Resources' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current ExGen Resources Shares Outstanding | 63.89 M |
Most of ExGen Resources' fundamental indicators, such as Shares Outstanding, 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, ExGen Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, ExGen Resources has 63.89 M of shares currently outstending. This is 89.6% lower than that of the Metals & Mining sector and 94.65% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 88.83% higher than that of the company.
ExGen Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ExGen Resources's current stock value. Our valuation model uses many indicators to compare ExGen Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ExGen Resources competition to find correlations between indicators driving ExGen Resources's intrinsic value. More Info.ExGen Resources is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value ExGen Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ExGen Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ExGen Resources' earnings, one of the primary drivers of an investment's value.About ExGen Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ExGen Resources income statement, its balance sheet, and the statement of cash flows. ExGen Resources investors use historical funamental indicators, such as ExGen Resources's revenue or net income, to determine how well the company is positioned to perform in the future. Although ExGen Resources investors may use each financial statement separately, they are all related. The changes in ExGen Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ExGen Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ExGen Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ExGen Resources. Please read more on our technical analysis and fundamental analysis pages.
ExGen Resources Inc. engages in the exploration of mineral properties in Canada and the United States. The company was formerly known as Boxxer Gold Corp. and changed its name to ExGen Resources Inc. in December 2014. EXGEN RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
Pair Trading with ExGen Resources
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 ExGen Resources 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 ExGen Resources will appreciate offsetting losses from the drop in the long position's value.Moving against ExGen Stock
| 0.56 | TD-PFD | Toronto Dominion Bank Earnings Call Today | PairCorr |
| 0.55 | RY-PM | Royal Bank | PairCorr |
| 0.47 | IE | Ivanhoe Energy | PairCorr |
| 0.47 | TD-PFM | Toronto Dominion Bank Earnings Call Today | PairCorr |
| 0.45 | BNS | Bank of Nova Scotia Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ExGen Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ExGen Resources 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 ExGen Resources - 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 ExGen Resources to buy it.
The correlation of ExGen Resources 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 ExGen Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ExGen Resources 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 ExGen Resources 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.Check out the analysis of ExGen Resources Correlation against competitors. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for ExGen Stock analysis
When running ExGen Resources' price analysis, check to measure ExGen Resources' 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 ExGen Resources is operating at the current time. Most of ExGen Resources' value examination focuses on studying past and present price action to predict the probability of ExGen Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ExGen Resources' price. Additionally, you may evaluate how the addition of ExGen Resources to your portfolios can decrease your overall portfolio volatility.
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