THEMAC Resources Group - Stock

THEMAC Resources Group P/E 2024

THEMAC Resources Group P/E

-0.18

Ticker

MAC.V

ISIN

CA88337H1010

As of Jul 3, 2024, THEMAC Resources Group's P/E ratio was -0.18, a -45.45% change from the -0.33 P/E ratio recorded in the previous year.

The THEMAC Resources Group P/E history

THEMAC Resources Group Aktienanalyse

What does THEMAC Resources Group do?

THEMAC Resources Group Ltd is a Canadian environmentally responsible natural resource production company based in Vancouver, British Columbia. The company was founded in 2010 and focuses on the exploration, development, and production of copper and silver mines. The history of THEMAC Resources Group Ltd began with the acquisition of the Copper Flat Mine in New Mexico, USA. This mine was previously operated by Rio Grande Resources Corporation and was closed in the 1990s due to declining copper prices. THEMAC Resources Group Ltd's business model is based on a comprehensive commitment to sustainability and environmental protection. The company aims to promote and implement ethically responsible and environmentally friendly practices in natural resource production. The company utilizes state-of-the-art technologies to optimize mining operations and minimize negative impacts on the environment. THEMAC Resources Group Ltd is divided into several divisions, including exploration, project development, and processing. These divisions work closely together to ensure efficient production of high-quality copper and silver products. The company is also committed to supporting local communities and having a positive impact on the environment. Products offered by THEMAC Resources Group Ltd include high-quality copper and silver products. Copper is used in a variety of applications including electronics, construction, and transportation. Silver is primarily used in jewelry making but also in the photography industry, healthcare, and electronics industry. In recent times, THEMAC Resources Group Ltd has begun expanding into the renewable energy sector. The company has developed a monitoring system for solar modules that makes the operation of solar plants more effective and efficient. This monitoring system is an important step in promoting the development of renewable energy sources that are crucial for the future. Overall, THEMAC Resources Group Ltd has established itself as a reliable producer of copper and silver products. The company has proven that it is possible to operate an environmentally responsible and sustainable natural resource production that is both economically viable and environmentally friendly. By expanding into the renewable energy sector, THEMAC Resources Group Ltd also contributes to the promotion of sustainable energy supply. THEMAC Resources Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering THEMAC Resources Group's P/E Ratio

The Price to Earnings (P/E) Ratio of THEMAC Resources Group 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 THEMAC Resources Group'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 THEMAC Resources Group 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 THEMAC Resources Group’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 THEMAC Resources Group Stock

What is the price-to-earnings ratio of THEMAC Resources Group?

The price-earnings ratio of THEMAC Resources Group is currently -0.18.

How has the price-earnings ratio of THEMAC Resources Group changed compared to last year?

The price-to-earnings ratio of THEMAC Resources Group has increased by -45.45% 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 THEMAC Resources Group high compared to other companies?

Yes, the price-to-earnings ratio of THEMAC Resources Group is high compared to other companies.

How does an increase in the price-earnings ratio of THEMAC Resources Group affect the company?

An increase in the price-earnings ratio of THEMAC Resources Group 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 THEMAC Resources Group affect the company?

A decrease in the price-earnings ratio of THEMAC Resources Group 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 THEMAC Resources Group?

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

How much dividend does THEMAC Resources Group pay?

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

What is the dividend yield of THEMAC Resources Group?

The current dividend yield of THEMAC Resources Group is .

When does THEMAC Resources Group pay dividends?

THEMAC Resources Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of THEMAC Resources Group?

THEMAC Resources Group paid dividends every year for the past 0 years.

What is the dividend of THEMAC Resources Group?

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

In which sector is THEMAC Resources Group located?

THEMAC Resources Group is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von THEMAC Resources Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of THEMAC Resources Group from 7/3/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.

When did THEMAC Resources Group pay the last dividend?

The last dividend was paid out on 7/3/2024.

What was the dividend of THEMAC Resources Group in the year 2023?

In the year 2023, THEMAC Resources Group distributed 0 CAD as dividends.

In which currency does THEMAC Resources Group pay out the dividend?

The dividends of THEMAC Resources Group are distributed in CAD.

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Andere Kennzahlen von THEMAC Resources Group

Our stock analysis for THEMAC Resources Group 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 THEMAC Resources Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.