Oremex Silver Stock
€0.002
Your prediction
Oremex Silver Stock
Pros and Cons of Oremex Silver in the next few years
Pros
Cons
Performance of Oremex Silver vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Oremex Silver | - | 0.000% | 0.000% | -75.000% | -20.000% | -96.825% | -92.308% |
| Silver Range Resources | - | 24.706% | 63.077% | -43.316% | -15.873% | -48.039% | 17.778% |
| Defiance Silver Corp. | 13.100% | -12.595% | 22.460% | -7.958% | 24.321% | -76.245% | - |
| Wealth Minerals Ltd | 7.820% | 12.214% | 18.548% | -44.944% | -10.366% | -23.238% | -49.829% |
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.When examining the overall financials of Oremex Silver (ORAGF), a company operating in the Metals & Mining industry, it becomes apparent that the company is struggling with negative equity, increasing liabilities, and a lack of revenue generation. These issues are evident by analyzing the balance sheets, income statements, and cash flows for the past three years. However, it's essential to dig deeper into details for a more thorough understanding of ORAGF's financial standing and identify potential strengths and weaknesses.
Reduced cash burn: Comparing the quarterly cash flow for 2022-11-30 with the yearly cash flows reveals that the company has reduced its cash burn rate significantly. Net cash from operating activities has decreased to -38077 CAD, as opposed to -478539 CAD in the annual cash flow statement for the same year. It is an indication that Oremex Silver may be taking steps to improve its cash management and drive operational efficiency.
Positive change in accounts receivable: The quarterly cash flow statement for 2022-11-30 shows a positive change in accounts receivable, implying that the company has increased its collections or reduced credit sales. A well-managed accounts receivable process can lead to improved cash flow and reduced risk of non-payment from customers.