Affinity Metals Corp Stock
€0.004
Your prediction
Pros and Cons of Affinity Metals Corp in the next few years
Pros
Cons
Performance of Affinity Metals Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Affinity Metals Corp | - | -50.000% | -50.000% | -82.927% | -50.000% | -96.500% | -92.391% |
| Abacus Mining & Exploration Corp. | 216.000% | 4.167% | 4.167% | 108.333% | 4.167% | -88.532% | -55.357% |
| Cordoba Minerals Corp. | -6.830% | 24.427% | 20.741% | 10.135% | 42.982% | -64.565% | -76.325% |
| Trigon Metals Inc. | -3.830% | -10.943% | -4.839% | -18.621% | -24.841% | -30.178% | - |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance, the financials of Affinity Metal (ARIZF), a company from the Metals & Mining industry, seem to be facing some challenges. With no revenues and ongoing net losses, the company seems to be in a growth phase and potentially reliant on financing and additional capital to support its operations. It is crucial to take a deeper look into the company's financial statements to have a better understanding of its current financial position, strengths, and weaknesses.
*Pros: *
Assets Growth: Over the past two years, the company's total assets have experienced considerable growth. Comparing balance sheets from 2020 to 2021 and 2021 to 2022 show that total assets have increased from CAD 1.68 million to CAD 2.51 million and from CAD 2.51 million to CAD 2.07 million, respectively. Such growth can be attributed to increases in property, plant, and equipment assets, reflecting investment in resources that potentially contribute to the company's long-term growth.