Forsys Metals - Stock

Forsys Metals P/E 2024

Forsys Metals P/E

-16.42

Ticker

FSY.TO

ISIN

CA34660G1046

WKN

A0ETPA

As of Jun 24, 2024, Forsys Metals's P/E ratio was -16.42, a -128.43% change from the 57.75 P/E ratio recorded in the previous year.

The Forsys Metals P/E history

Forsys Metals Aktienanalyse

What does Forsys Metals do?

Forsys Metals Corp is a Canadian mining company specializing in the development of uranium deposits. The company was founded in 2003 and is headquartered in Toronto, Canada. It is listed on the Toronto Stock Exchange (TSX) under the ticker symbol FSY. History Forsys Metals Corp was founded in 2003 by John Pollesel. Initially, the company focused on the exploration of gold and copper deposits. In 2005, the company expanded its portfolio and began to concentrate on the exploration of uranium deposits. In 2006, Forsys Metals Corp acquired majority ownership of the uranium deposits in the Valencia project area in Namibia. Since then, the company has successfully developed the uranium deposits and has become one of the leading uranium producers in the region. Business Model Forsys Metals Corp operates in the field of uranium deposit development. The company offers its customers high-purity uranium ore. Forsys Metals Corp specializes in the development of uranium deposits in Africa and is capable of producing high-purity uranium ore. The company operates its mines according to the highest safety standards and strives to minimize the environmental impact of its activities. Segments Over time, Forsys Metals Corp has developed various segments. Currently, the company operates uranium mines in Namibia. Valencia Project The Valencia Project is one of the largest uranium projects in Namibia. Forsys Metals Corp acquired majority ownership of the project and successfully developed it. The project has a declared resource of 66.2 million pounds of U3O8 and a probable reserve of 30.3 million pounds of U3O8. Products Forsys Metals Corp produces high-purity uranium ore. The uranium ore is extracted from mines in Namibia and then processed. The company has contracts with various customers in the nuclear industry and supplies uranium ore to power plants in Europe, Asia, and North America. Future Outlook Forsys Metals Corp plans to expand its business in Namibia and develop new uranium deposits. The company aims to increase its production capacity and establish itself as one of the leading uranium producers in the region. Additionally, new technologies and processes are being developed to further reduce the environmental impact of mining processes. Conclusion Forsys Metals Corp is a leading mining company specializing in the development of uranium deposits. The company successfully operates uranium mines in Namibia and supplies high-purity uranium ore to customers in the global nuclear industry. Forsys Metals Corp aims to expand its business and establish itself as one of the leading uranium producers in the region. Forsys Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Forsys Metals's P/E Ratio

The Price to Earnings (P/E) Ratio of Forsys Metals is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Forsys Metals's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Forsys Metals is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Forsys Metals’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Forsys Metals Stock

What is the price-to-earnings ratio of Forsys Metals?

The price-earnings ratio of Forsys Metals is currently -16.42.

How has the price-earnings ratio of Forsys Metals changed compared to last year?

The price-to-earnings ratio of Forsys Metals has increased by -128.43% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Forsys Metals high compared to other companies?

Yes, the price-to-earnings ratio of Forsys Metals is high compared to other companies.

How does an increase in the price-earnings ratio of Forsys Metals affect the company?

An increase in the price-earnings ratio of Forsys Metals would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Forsys Metals affect the company?

A decrease in the price-earnings ratio of Forsys Metals would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Forsys Metals?

Some factors that influence the price-earnings ratio of Forsys Metals are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Forsys Metals pay?

Over the past 12 months, Forsys Metals paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Forsys Metals is expected to pay a dividend of 0 CAD.

What is the dividend yield of Forsys Metals?

The current dividend yield of Forsys Metals is .

When does Forsys Metals pay dividends?

Forsys Metals pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Forsys Metals?

Forsys Metals paid dividends every year for the past 0 years.

What is the dividend of Forsys Metals?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Forsys Metals located?

Forsys Metals is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Forsys Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Forsys Metals from 6/24/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 6/24/2024.

When did Forsys Metals pay the last dividend?

The last dividend was paid out on 6/24/2024.

What was the dividend of Forsys Metals in the year 2023?

In the year 2023, Forsys Metals distributed 0 CAD as dividends.

In which currency does Forsys Metals pay out the dividend?

The dividends of Forsys Metals are distributed in CAD.

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Andere Kennzahlen von Forsys Metals

Our stock analysis for Forsys Metals Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Forsys Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.