Durango OTC Stock Financials

ATOXF
 Stock
  

USD 0.041  0.0035  7.87%   

We urge to utilize Durango Resources fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Durango Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed and interpolated eighteen available fundamental indicators for Durango Resources, which can be compared to its rivals. Use Durango Resources ebitda, book value per share, as well as the relationship between the Book Value Per Share and market capitalization to make sure your decision on pricing Durango Resources is adequate. As Durango Resources appears to be a penny stock we also advise to verify its cash and equivalents numbers. Use Durango Resources to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Durango Resources to be traded at $0.039 in 90 days.
  
With this module, you can analyze Durango financials for your investing period. You should be able to track the changes in Durango Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Durango Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Durango Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Durango Resources' assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Over 77
Durango Resources has more than 77 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Durango Resources otc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Durango Resources' official financial statements usually reflect Durango Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Durango Resources. For example, before you start analyzing numbers published by Durango accountants, it's critical to develop an understanding of what Durango Resources' liquidity, profitability, and earnings quality are in the context of the Basic Materials space in which it operates.
Please note, the presentation of Durango Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Durango Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Durango Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Durango Resources. Please utilize our Beneish M Score to check the likelihood of Durango Resources' management to manipulate its earnings.

Durango Resources Company Summary

Durango Resources competes with Amazon. Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral resource properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada. Durango Resources is traded on OTC Exchange in the United States.
InstrumentUSA OTC Stock View All
ExchangeOTC Exchange
Business AddressPO Box 31880
SectorBasic Materials
IndustryOther Industrial Metals & Mining
BenchmarkDOW
Websitewww.durangoresourcesinc.com
Phone604 339 2243
CurrencyUSD - US Dollar
You should never invest in Durango Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Durango OTC Stock, because this is throwing your money away. Analyzing the key information contained in Durango Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Durango Resources Key Financial Ratios

Generally speaking, Durango Resources' financial ratios allow both analysts and investors to convert raw data from Durango Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Durango Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Durango Resources reports annually and quarterly.

Durango Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Durango Resources's current stock value. Our valuation model uses many indicators to compare Durango Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Durango Resources competition to find correlations between indicators driving Durango Resources's intrinsic value. More Info.
Durango Resources is number one stock in book value per share category among related companies. It is number one stock in price to book category among related companies fabricating about  23.50  of Price to Book per Book Value Per Share. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Durango Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Durango Resources' 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 Durango Resources' earnings, one of the primary drivers of an investment's value.

Durango Resources Systematic Risk

Durango Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Durango Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Durango Resources correlated with the market. If Beta is less than 0 Durango Resources generally moves in the opposite direction as compared to the market. If Durango Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Durango Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Durango Resources is generally in the same direction as the market. If Beta > 1 Durango Resources moves generally in the same direction as, but more than the movement of the benchmark.
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About Durango Resources Financials

What exactly are Durango Resources Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Durango Resources' income statement, its balance sheet, and the statement of cash flows. Potential Durango Resources investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Durango Resources investors may use each financial statement separately, they are all related. The changes in Durango Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Durango Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Durango Resources is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Durango has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Durango Resources October 6, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Durango Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Durango Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Durango Resources based on widely used predictive technical indicators. In general, we focus on analyzing Durango OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Durango Resources's daily price indicators and compare them against related drivers.
Information Ratio(0.06)
Maximum Drawdown50.27
Value At Risk(13.97)
Potential Upside11.49
Please continue to Trending Equities. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Durango Resources price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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Is Durango Resources' 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 Durango Resources. If investors know Durango 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 Durango Resources 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 Durango Resources is measured differently than its book value, which is the value of Durango that is recorded on the company's balance sheet. Investors also form their own opinion of Durango Resources' value that differs from its market value or its book value, called intrinsic value, which is Durango Resources' 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 Durango Resources' market value can be influenced by many factors that don't directly affect Durango Resources' 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 Durango Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Durango Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durango Resources' 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.