Group Eleven Resources Stock Cash Per Share

ZNG Stock  CAD 0.18  0.01  5.26%   
Group Eleven Resources fundamentals help investors to digest information that contributes to Group Eleven's financial success or failures. It also enables traders to predict the movement of Group Stock. The fundamental analysis module provides a way to measure Group Eleven'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 Group Eleven stock.
Last ReportedProjected for Next Year
Cash Per Share 0.02  0.02 
Cash Per Share is likely to drop to 0.02 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Group Eleven Resources Company Cash Per Share Analysis

Group Eleven's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Group Eleven Cash Per Share

    
  0.01 X  
Most of Group Eleven's fundamental indicators, such as Cash Per Share, 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, Group Eleven Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Group Cash Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Group Eleven is extremely important. It helps to project a fair market value of Group Stock properly, considering its historical fundamentals such as Cash Per Share. Since Group Eleven'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 Group Eleven'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 Group Eleven's interrelated accounts and indicators.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Group Common Stock Shares Outstanding

Common Stock Shares Outstanding

209.97 Million

At this time, Group Eleven's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Group Eleven Resources has a Cash Per Share of 0.01 times. This is 99.54% lower than that of the Metals & Mining sector and 99.33% lower than that of the Materials industry. The cash per share for all Canada stocks is 99.8% higher than that of the company.

Group Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Group Eleven's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Group Eleven could also be used in its relative valuation, which is a method of valuing Group Eleven by comparing valuation metrics of similar companies.
Group Eleven is currently under evaluation in cash per share category among related companies.

Group Eleven Current Valuation Drivers

We derive many important indicators used in calculating different scores of Group Eleven from analyzing Group Eleven's financial statements. These drivers represent accounts that assess Group Eleven's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Group Eleven's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.8M8.3M15.1M10.1M30.4M31.9M
Enterprise Value3.0M6.0M14.2M9.0M27.1M28.4M

Group Fundamentals

About Group Eleven Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Group Eleven Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Group Eleven using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Group Eleven Resources 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 Group Eleven 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, Group Eleven's short interest history, or implied volatility extrapolated from Group Eleven options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Group Eleven Resources. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Group Stock analysis

When running Group Eleven's price analysis, check to measure Group Eleven'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 Group Eleven is operating at the current time. Most of Group Eleven's value examination focuses on studying past and present price action to predict the probability of Group Eleven's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Group Eleven's price. Additionally, you may evaluate how the addition of Group Eleven to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Stocks Directory
Find actively traded stocks across global markets
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Please note, there is a significant difference between Group Eleven's value and its price as these two are different measures arrived at by different means. Investors typically determine if Group Eleven is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Group Eleven'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.