Viking Ashanti Ltd Stock
€0.002
Your prediction
Viking Ashanti Ltd Stock
Pros and Cons of Viking Ashanti Ltd in the next few years
Pros
Cons
Performance of Viking Ashanti Ltd vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Viking Ashanti Ltd | -25.000% | 0.000% | 50.000% | 50.000% | -50.000% | -90.000% | -62.500% |
| European Lithium Ltd | -1.860% | -0.617% | -18.274% | -46.689% | -46.777% | -14.362% | -47.213% |
| Bulletin Resources Ltd. | - | 0.000% | -3.333% | -21.833% | -62.484% | -30.120% | 408.772% |
| Chalice Gold Mines Ltd | -0.340% | 26.921% | 2.257% | -81.440% | -15.500% | -82.442% | 865.714% |
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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.Viking Mines, a company in the Metals & Mining industry, presents a mixed financial picture upon initial review. On one hand, the company shows resilience with steady growth in their assets and equity, along with decreasing liabilities. On the other hand, they report fluctuating revenues and profits, indicating potential areas of concern.
Growth in Total Assets and Stockholder's Equity:Looking at the yearly balance sheets, Viking Mines' assets have grown from AUD 2,091,313 in 2020 to AUD 8,746,158 in 2022. This increase indicates a positive trend in the company's financial strength. Furthermore, the stockholder's equity also experienced growth from AUD 2,659,921 in 2020 to AUD 8,190,908 in 2022, showcasing a stronger financial foundation for the company.
Decreasing Liabilities: The company's total liabilities decreased from AUD 993,768 in 2021 to AUD 556,250 in 2022. This reduction in liabilities is a promising development for the firm, as it reduces financial risk and allows for greater allocation of resources toward future growth initiatives.