Kore Mining (STU:EUSA) GF Value Rank : 0 (As of Dec. 11, 2024)

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What is Kore Mining GF Value Rank?

Kore Mining has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Kore Mining GF Value Rank Related Terms

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Kore Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kore Mining Ltd (STU:EUSA) » Definitions » GF Value Rank

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Traded in Other Exchanges

KOREF:USA EUS:Germany KORE:Canada

Address

700 W Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.koremining.com

Kore Mining Ltd is an exploration and development stage company. It is engaged in the acquisition, exploration, and development of exploration and evaluation properties in the United States and Canada. The company owns interests in the Imperial and Long Valley, gold development projects, located in California, USA, as well as projects in British Columbia, Canada.

Kore Mining (STU:EUSA) GF Value Rank : 0 (As of Dec. 11, 2024)

What is Kore Mining GF Value Rank?

Kore Mining GF Value Rank Related Terms

Kore Mining Business Description

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