Chibougamau Independent Mines Stock Revenue
| CBG Stock | CAD 0.14 0.01 7.69% |
Chibougamau Independent Mines fundamentals help investors to digest information that contributes to Chibougamau Independent's financial success or failures. It also enables traders to predict the movement of Chibougamau Stock. The fundamental analysis module provides a way to measure Chibougamau Independent's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Chibougamau Independent stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 607 K | 637.4 K |
Chibougamau | Revenue |
Chibougamau Independent Mines Company Revenue Analysis
Chibougamau Independent's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Chibougamau Independent Revenue | 607.04 K |
Most of Chibougamau Independent's fundamental indicators, such as Revenue, 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, Chibougamau Independent Mines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Chibougamau Total Revenue
Total Revenue |
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Based on the latest financial disclosure, Chibougamau Independent Mines reported 607.04 K of revenue. This is 99.99% lower than that of the Metals & Mining sector and 99.99% lower than that of the Materials industry. The revenue for all Canada stocks is 99.99% higher than that of the company.
Chibougamau Independent Mines is the top company in revenue category among related companies. Market size based on revenue of Materials industry is currently estimated at about 1.21 Million. Chibougamau Independent totals roughly 607,038 in revenue claiming about 50% of all equities under Materials industry.Chibougamau Fundamentals
| Return On Equity | -0.34 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (0.28) % | |||
| Operating Margin | 5.52 % | |||
| Current Valuation | 7.41 M | |||
| Shares Outstanding | 61.07 M | |||
| Shares Owned By Insiders | 27.17 % | |||
| Shares Owned By Institutions | 8.97 % | |||
| Number Of Shares Shorted | 178 | |||
| Price To Earning | 12.00 X | |||
| Price To Book | 9.04 X | |||
| Price To Sales | 12.57 X | |||
| Revenue | 607.04 K | |||
| Gross Profit | 30 K | |||
| EBITDA | (1 M) | |||
| Net Income | (171.61 K) | |||
| Cash And Equivalents | 341.74 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 20.86 K | |||
| Debt To Equity | 6.80 % | |||
| Current Ratio | 2.61 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | 171.1 K | |||
| Short Ratio | 0.07 X | |||
| Beta | 1.61 | |||
| Market Capitalization | 8.24 M | |||
| Total Asset | 930.93 K | |||
| Retained Earnings | (12.13 M) | |||
| Working Capital | 561.51 K | |||
| Net Asset | 930.93 K |
About Chibougamau Independent Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chibougamau Independent Mines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chibougamau Independent using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chibougamau Independent Mines 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 Chibougamau Independent
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 Chibougamau Independent 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 Chibougamau Independent will appreciate offsetting losses from the drop in the long position's value.Moving against Chibougamau Stock
| 0.49 | BP | Backstageplay | PairCorr |
| 0.43 | MGRO | MustGrow Biologics Corp | PairCorr |
The ability to find closely correlated positions to Chibougamau Independent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chibougamau Independent 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 Chibougamau Independent - 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 Chibougamau Independent Mines to buy it.
The correlation of Chibougamau Independent 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 Chibougamau Independent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chibougamau Independent 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 Chibougamau Independent 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chibougamau Independent Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Chibougamau Stock analysis
When running Chibougamau Independent's price analysis, check to measure Chibougamau Independent'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 Chibougamau Independent is operating at the current time. Most of Chibougamau Independent's value examination focuses on studying past and present price action to predict the probability of Chibougamau Independent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chibougamau Independent's price. Additionally, you may evaluate how the addition of Chibougamau Independent to your portfolios can decrease your overall portfolio volatility.
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