Probe Gold Stock Target Price
| PRB Stock | 3.64 0.01 0.28% |
As of the 24th of January, Probe Gold holds the Coefficient Of Variation of 1192.38, semi deviation of 1.03, and Risk Adjusted Performance of 0.0699. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Probe Gold, as well as the relationship between them.
Probe Gold's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Probe Gold's valuation are provided below:We have found one hundred twenty available trending fundamental ratios for Probe Gold, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Probe Gold's recent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 24th of January 2026, Market Cap is likely to drop to about 156.2 M. In addition to that, Enterprise Value is likely to drop to about 135.6 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Probe | Target Price |
Probe Target Price Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Probe Gold's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Probe Gold could also be used in its relative valuation, which is a method of valuing Probe Gold by comparing valuation metrics of similar companies.Probe Gold is currently under evaluation in target price category among its peers.
Probe Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Probe Gold from analyzing Probe Gold's financial statements. These drivers represent accounts that assess Probe Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Probe Gold's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 251.7M | 191.1M | 219.9M | 298.2M | 268.4M | 156.2M | |
| Enterprise Value | 223.2M | 168.1M | 195.2M | 276.8M | 249.1M | 135.6M |
Probe Fundamentals
| Return On Equity | -0.82 | ||||
| Return On Asset | -0.51 | ||||
| Current Valuation | 703.39 M | ||||
| Shares Outstanding | 204 M | ||||
| Shares Owned By Insiders | 4.44 % | ||||
| Shares Owned By Institutions | 15.88 % | ||||
| Number Of Shares Shorted | 3.2 M | ||||
| Price To Book | 20.85 X | ||||
| EBITDA | (24.37 M) | ||||
| Net Income | (24.7 M) | ||||
| Cash And Equivalents | 21.82 M | ||||
| Total Debt | 417.35 K | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (18.77 M) | ||||
| Short Ratio | 3.60 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Target Price | 3.93 | ||||
| Number Of Employees | 27 | ||||
| Beta | 1.06 | ||||
| Market Capitalization | 742.56 M | ||||
| Total Asset | 34.32 M | ||||
| Retained Earnings | (174.93 M) | ||||
| Net Asset | 34.32 M |
About Probe Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Probe Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Probe Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Probe Gold 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 Probe 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 Probe 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 Probe Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Probe Stock
Moving against Probe Stock
| 0.49 | RCI-A | Rogers Communications Earnings Call This Week | PairCorr |
| 0.44 | AML | Argus Metals Corp | PairCorr |
| 0.42 | URZ | Urz Energy Corp Earnings Call This Week | PairCorr |
| 0.4 | INFM | Infinico Metals Corp | PairCorr |
The ability to find closely correlated positions to Probe 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 Probe 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 Probe 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 Probe Gold to buy it.
The correlation of Probe 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 Probe Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Probe Gold 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 Probe 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.Other Information on Investing in Probe Stock
Probe Gold financial ratios help investors to determine whether Probe Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Probe with respect to the benefits of owning Probe Gold security.