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1 Comment
Orefinders Resources Inc is currently in a long term downtrend where the price is trading 39.9% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Orefinders Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 133.6% to $-142K since the same quarter in the previous year.
Finally, its free cash flow fell by 251.5% to $-1M since the same quarter in the previous year.
Based on the above factors, Orefinders Resources Inc gets an overall score of 1/5.
| Exchange | V |
|---|---|
| CurrencyCode | CAD |
| ISIN | CA6857731039 |
| Sector | Basic Materials |
| Industry | Metals & Mining |
| PE Ratio | None |
|---|---|
| Target Price | None |
| Dividend Yield | 0.0% |
| Beta | 0.23 |
| Market Cap | 9M |
Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in the Abitibi region of Ontario. The company's properties include the Mirado project that comprises patented claims covering an area of 176.6 hectares located in the town of Kirkland Lake in north-eastern Ontario; the McGarry project comprising patented mining claims and mining licenses covering an area of approximately 681.4 hectares situated in Virginiatown, Ontario; and the Knight project consisting of various mining claims and mining leases situated in the Shining Tree District of Ontario. It also holds a 100% interest in the GSL Zinc project covering an area of 60,000 hectares located in Northwest Alberta; holds 100% interest in Grizzly Gold Project located in Chibougamau District of Quebec; and holds interest in Mistango River Resources. The company was incorporated in 2011 and is headquartered in Toronto, Canada.
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