Is Granite Ridge Resources, stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
We cannot find any recorded dividends paid in our systems.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Granite Ridge Resources, 10 years ago, but if you had invested on Monday 3rd of April 2023 when the price was $0.640, you would have made a profit of $0.840 per share or 131.25%
We do not have enough data to give you this answer.
Granite Ridge Resources, has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.70, the company's ability to pay off the debt is good. Granite Ridge Resources, has a good net profit margin of 14.39% and should have high tolerances against inflation.
We have calculated the inflation risk for Granite Ridge Resources, to be low [0.25 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.