Posted On: 11/28/2014 3:48:51 AM
Post# of 9903
Bandera Probability Of Bankruptcy Assessment
Based on latest financial disclosure Bandera Gold Ltd has Probability Of Bankruptcy of 75%. This is 61.46% higher than that of the Basic Materials sector, and 22.81% higher than that ofIndustrial Metals and Minerals industry, The Probability Of Bankruptcy for all stocks is 74.46% lower than the firm.
Bandera Gold appears to be very risky and stock price may revert if volatility continuesBandera Gold has some characteristics of a very speculative penny stock
Bandera Gold has high likelihood to experience some financial distress in the next 2 yearsThe company has accumulated 1.57 M in total debt with debt to equity ratio (D/E) of 0.18 which may suggest the company is not taking enough advantage from borrowing.
Bandera Gold Ltd has Current Ratio of 0.03 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.This company reported revenue of . Net Loss for the year was (5.31 M).
BANDERA GOLD LTD. has accumulated about 15.06 K in cash with (357.14 K) of positive cash flow from operations.
As per BGL's last financial statements ending August 31, 2014: $9K in cash, $11.3 million in assets and $2.72 million in debt/liabilities. This was suppose to be a real gold play several years ago, but all these lawsuits and shady characters down south ruined the potential for BGL shareholders.
Based on latest financial disclosure Bandera Gold Ltd has Probability Of Bankruptcy of 75%. This is 61.46% higher than that of the Basic Materials sector, and 22.81% higher than that ofIndustrial Metals and Minerals industry, The Probability Of Bankruptcy for all stocks is 74.46% lower than the firm.
Bandera Gold appears to be very risky and stock price may revert if volatility continuesBandera Gold has some characteristics of a very speculative penny stock
Bandera Gold has high likelihood to experience some financial distress in the next 2 yearsThe company has accumulated 1.57 M in total debt with debt to equity ratio (D/E) of 0.18 which may suggest the company is not taking enough advantage from borrowing.
Bandera Gold Ltd has Current Ratio of 0.03 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.This company reported revenue of . Net Loss for the year was (5.31 M).
BANDERA GOLD LTD. has accumulated about 15.06 K in cash with (357.14 K) of positive cash flow from operations.
As per BGL's last financial statements ending August 31, 2014: $9K in cash, $11.3 million in assets and $2.72 million in debt/liabilities. This was suppose to be a real gold play several years ago, but all these lawsuits and shady characters down south ruined the potential for BGL shareholders.
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