Continental Gold Stock Fundamentals
Continental Gold fundamentals help investors to digest information that contributes to Continental Gold's financial success or failures. It also enables traders to predict the movement of Continental OTC Stock. The fundamental analysis module provides a way to measure Continental Gold'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 Continental Gold otc stock.
Continental |
Continental Gold OTC Stock Shares Outstanding Analysis
Continental Gold's 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 Continental Gold Shares Outstanding | 214.16 M |
Most of Continental Gold's 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, Continental Gold 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.
CompetitionBased on the latest financial disclosure, Continental Gold has 214.16 M of shares currently outstending. This is 65.14% lower than that of the Basic Materials sector and 40.55% lower than that of the Gold industry. The shares outstanding for all United States stocks is 62.55% higher than that of the company.
Continental Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Continental Gold's current stock value. Our valuation model uses many indicators to compare Continental Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Continental Gold competition to find correlations between indicators driving Continental Gold's intrinsic value. More Info.Continental Gold is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Continental Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Continental Gold's OTC 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 Continental Gold's earnings, one of the primary drivers of an investment's value.Continental Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Continental Gold's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Continental Gold could also be used in its relative valuation, which is a method of valuing Continental Gold by comparing valuation metrics of similar companies.Continental Gold is currently under evaluation in shares outstanding category among related companies.
Continental Fundamentals
| Return On Equity | -18.07 | |||
| Return On Asset | -1.12 | |||
| Current Valuation | 1.15 B | |||
| Shares Outstanding | 214.16 M | |||
| Price To Earning | (38.49) X | |||
| Price To Book | 5.34 X | |||
| EBITDA | (11.69 M) | |||
| Net Income | (46.67 M) | |||
| Cash And Equivalents | 72.24 M | |||
| Cash Per Share | 0.36 X | |||
| Total Debt | 388.17 M | |||
| Debt To Equity | 248.60 % | |||
| Current Ratio | 1.47 X | |||
| Book Value Per Share | 0.77 X | |||
| Cash Flow From Operations | (11.29 M) | |||
| Earnings Per Share | (0.25) X | |||
| Number Of Employees | 936 | |||
| Beta | 1.5 | |||
| Market Capitalization | 881.31 M | |||
| Total Asset | 277.61 M | |||
| Retained Earnings | (210.08 M) | |||
| Working Capital | 29.4 M | |||
| Current Asset | 34.68 M | |||
| Current Liabilities | 5.28 M | |||
| Z Score | 1.2 |
Pair Trading with Continental 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 Continental 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 Continental Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Quanta Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quanta Services 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 Quanta Services - 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 Quanta Services to buy it.
The correlation of Quanta Services 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 Quanta Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quanta Services 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 Quanta Services 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. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Continental OTC Stock
If you are still planning to invest in Continental Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Continental Gold's history and understand the potential risks before investing.
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