Dakota Gold Corp Stock Cash Flow From Operations
| DC Stock | USD 2.57 0.05 1.98% |
Dakota Gold Corp fundamentals help investors to digest information that contributes to Dakota Gold's financial success or failures. It also enables traders to predict the movement of Dakota Stock. The fundamental analysis module provides a way to measure Dakota 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 Dakota Gold stock.
Dakota |
Dakota Gold Corp Company Cash Flow From Operations Analysis
Dakota Gold's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Current Dakota Gold Cash Flow From Operations | (31.2 M) |
Most of Dakota Gold's fundamental indicators, such as Cash Flow From Operations, 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, Dakota Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
| Competition |
In accordance with the recently published financial statements, Dakota Gold Corp has (31.2 Million) in Cash Flow From Operations. This is 104.91% lower than that of the Metals & Mining sector and 115.6% lower than that of the Materials industry. The cash flow from operations for all United States stocks is 103.21% higher than that of the company.
Dakota Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dakota Gold's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dakota Gold could also be used in its relative valuation, which is a method of valuing Dakota Gold by comparing valuation metrics of similar companies.Dakota Gold is currently under evaluation in cash flow from operations category among related companies.
Dakota Fundamentals
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.22 | ||||
| Current Valuation | 200.08 M | ||||
| Shares Outstanding | 87.7 M | ||||
| Shares Owned By Insiders | 22.10 % | ||||
| Shares Owned By Institutions | 39.10 % | ||||
| Number Of Shares Shorted | 945.7 K | ||||
| Price To Book | 2.36 X | ||||
| EBITDA | (37.73 M) | ||||
| Net Income | (36.45 M) | ||||
| Cash And Equivalents | 35.04 M | ||||
| Cash Per Share | 0.49 X | ||||
| Total Debt | 229.61 K | ||||
| Current Ratio | 14.40 X | ||||
| Book Value Per Share | 1.19 X | ||||
| Cash Flow From Operations | (31.2 M) | ||||
| Short Ratio | 3.70 X | ||||
| Earnings Per Share | (0.47) X | ||||
| Target Price | 5.25 | ||||
| Number Of Employees | 41 | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 225.4 M | ||||
| Total Asset | 109.13 M | ||||
| Retained Earnings | (42.66 M) | ||||
| Working Capital | 21.74 M | ||||
| Net Asset | 109.13 M |
About Dakota Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dakota Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dakota Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dakota 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dakota Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dakota Gold's short interest history, or implied volatility extrapolated from Dakota Gold options trading.
Pair Trading with Dakota 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 Dakota 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 Dakota Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Dakota Stock
| 0.86 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.84 | TX | Ternium SA ADR Earnings Call This Week | PairCorr |
Moving against Dakota Stock
| 0.83 | PKX | POSCO Holdings | PairCorr |
| 0.79 | SID | Companhia Siderurgica Financial Report 1st of May 2024 | PairCorr |
| 0.59 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.47 | IAUX | I 80 Gold Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Dakota Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dakota Gold 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 Dakota Gold - 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 Dakota Gold Corp to buy it.
The correlation of Dakota Gold 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 Dakota Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dakota Gold Corp 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 Dakota Gold 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 Dakota Gold Piotroski F Score and Dakota Gold Altman Z Score analysis. Note that the Dakota Gold Corp information on this page should be used as a complementary analysis to other Dakota Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Dakota Stock analysis
When running Dakota Gold's price analysis, check to measure Dakota 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 Dakota Gold is operating at the current time. Most of Dakota Gold's value examination focuses on studying past and present price action to predict the probability of Dakota 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 Dakota Gold's price. Additionally, you may evaluate how the addition of Dakota Gold to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Dakota Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dakota Gold. If investors know Dakota will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dakota Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dakota Gold Corp is measured differently than its book value, which is the value of Dakota that is recorded on the company's balance sheet. Investors also form their own opinion of Dakota Gold's value that differs from its market value or its book value, called intrinsic value, which is Dakota Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dakota Gold's market value can be influenced by many factors that don't directly affect Dakota Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dakota Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dakota Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dakota Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.