Question
Please let me know what is wrong with the question it is the instruction given by the university Decide which of the below companies is
Please let me know what is wrong with the question it is the instruction given by the university
Decide which of the below companies is suitable for investment based on the given information.
Perform Financial Statement Analysis
The two companies being compared for investment are: 1- Labrador Iron Ore Royalty Corporation compared with 2-Dynacor Gold Mines Inc.
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Labrador Iron Ore Royalty Corporation
TSX Exchange| Jun 13, 2020, 4:37 PM EDT | Real-time price
LIF$23.79RT
CHANGE
0.86 (3.7505%)
VOLUME
281,214
Day Low:22.90
Day High:23.91
52 Week Low:13.25
52 Week High:36.01
Fiscal Year ends inDec
CADinMillionsexcept per share data
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Total Revenue
177.14
130.30
158.25
114.87
101.45
Operating Revenue
177.14
130.30
158.25
114.87
101.45
Excise Taxes
?
?
?
?
?
Cost Of Revenue
41.24
30.95
37.63
27.75
24.85
Exploration Development And Mineral Property Lease Expenses
?
?
?
?
?
Other Costof Revenue
?
?
?
?
?
Gross Profit
135.90
99.35
120.63
87.12
76.60
Operating Expense
3.18
3.50
2.94
2.74
2.73
Operation And Maintenance
?
?
?
?
?
Selling General And Administration
3.18
3.50
2.94
2.74
2.73
Research And Development
?
?
?
?
?
Depreciation And Amortization
?
?
?
?
?
Depletion
?
?
?
?
?
Provision For Doubtful Accounts
?
?
?
?
?
Other Taxes
?
?
?
?
?
Other Operating Expenses
?
?
?
?
?
Operating Income
132.72
95.84
117.69
84.38
73.86
Net Non Operating Interest Income Expense
1.13
0.58
0.37
0.23
0.25
Interest Income Non Operating
1.13
0.58
0.37
0.23
0.25
Interest Expense Non Operating
?
?
?
?
?
Total Other Finance Cost
?
?
?
?
?
Other Income Expense
112.08
56.99
74.30
24.72
2.36
Gain On Sale Of Security
?
?
?
?
?
Earnings From Equity Interest
112.08
56.99
74.30
24.72
2.36
Securities Amortization
?
?
?
?
?
Special Income Charges
?
?
?
?
?
Other Non Operating Income Expenses
?
?
?
?
?
Pretax Income
245.92
153.41
192.36
109.34
76.47
Tax Provision
40.58
24.92
35.08
31.16
21.82
Earnings From Equity Interest Net Of Tax
?
?
?
?
?
Net Income Common Stockholders
205.34
128.49
157.28
78.17
54.66
Net Income
205.34
128.49
157.28
78.17
54.66
Preferred Stock Dividends
?
?
?
?
?
Diluted Nia Com Stockholders
?
?
?
?
?
Basic Eps
3.21
2.01
2.46
1.22
0.85
Basic Continuous Operations
3.21
2.01
2.46
1.22
0.85
Basic Discontinuous Operations
?
?
?
?
?
Basic Extraordinary
?
?
?
?
?
Basic Accounting Change
?
?
?
?
?
Tax Loss Carryforward Basic Eps
?
?
?
?
?
Basic Epso Gains Losses
?
?
?
?
?
Diluted Eps
3.21
2.01
2.46
1.22
0.85
Diluted Continuous Operations
3.21
2.01
2.46
1.22
0.85
Diluted Discontinuous Operations
?
?
?
?
?
Diluted Extraordinary
?
?
?
?
?
Diluted Accounting Change
?
?
?
?
?
Tax Loss Carryforward Diluted Eps
?
?
?
?
?
Diluted Epso Gains Losses
?
?
?
?
?
Basic Average Shares
63.97
63.92
63.94
64.08
64.30
Diluted Average Shares
63.97
63.92
64
64.08
64.30
Dividend Per Share
1
1
1
1
1
Total Operating Income As Reported
?
?
?
?
?
Reported Normalized Basic Eps
?
?
?
?
?
Reported Normalized Diluted Eps
?
?
?
?
?
Rent Expense Supplemental
?
?
?
?
?
Total Expenses
44.42
34.45
40.56
30.49
27.58
Interest Expense
?
?
?
?
?
Net Income From Continuing And Discontinued Operation
205.34
128.49
157.28
78.17
54.66
Normalized Income
205.34
128.49
157.28
78.17
54.66
Ebit
132.72
95.84
117.69
84.38
73.86
Ebitda
132.72
95.84
117.69
84.38
73.86
Reconciled Cost Of Revenue
?
?
?
?
?
Reconciled Depreciation
?
?
?
?
?
Net Income From Continuing Operation Net Minority Interest
?
?
?
?
?
Total Unusual Items Excluding Goodwill
?
?
?
?
?
Total Unusual Items
?
?
?
?
?
Normalized Basic Eps
?
?
?
?
?
Normalized Diluted Eps
?
?
?
?
?
Normalized Ebitda
?
?
?
?
?
Tax Rate For Calcs
?
?
?
?
?
Tax Effect Of Unusual Items
?
?
?
?
?
Price History for Labrador Iron Ore Royalty Corporation
Price HistorySETTINGS
Adjusted: Splits and Dividends
Volume1820222426May, 14May, 20May, 26May, 30Jun, 3Jun, 7Jun, 11Jun, 13
Thursday, Jun, 11 2020
Symbol
?Series 1
Open
23.03
High
23.62
Low
22.75
Close
22.93
Volume
244.33k
SHOW RESULTSHOW LATEST
Date
Open
High
Low
Close
VWAP
Volume
% Chg
$ Chg
Trade Val
2020-06-12
23.26
23.91
22.90
23.79
23.489
281.21k
3.75%
0.86
6,605,452.00
2020-06-11
23.03
23.62
22.75
22.93
23.10
244.33k
-3.53%
-0.84
5,647,419.00
2020-06-10
24.05
24.31
23.49
23.77
23.869
216.29k
-1.65%
-0.40
5,162,555.00
2020-06-09
24.60
24.77
23.60
24.17
24.182
185.17k
-2.54%
-0.63
4,477,597.00
2020-06-08
23.43
24.85
23.18
24.80
24.281
429.91k
8.06%
1.85
10,438,999.0
Information about Company 2:Dynacor Gold Mines Inc.
2- Dynacor Gold Mines Inc.
DNG$1.68RT
CHANGE
-0.02 (-1.1765%)
VOLUME
12,150
Day Low:1.68
Day High:1.72
52 Week Low:1.00
52 Week High:2.00
Period
Annual
EXPORT
.00
.00
ALL
ALL
Fiscal Year ends inDec
USDinMillionsexcept per share data
Dec 19
Dec 18
Dec 17
Dec 16
Dec 15
Total Revenue
102.50
104.65
101.69
91.30
78.87
Operating Revenue
102.50
104.65
101.69
91.30
78.87
Excise Taxes
?
?
?
?
?
Cost Of Revenue
89.53
91.48
88.28
79.23
66.24
Exploration Development And Mineral Property Lease Expenses
?
?
?
?
?
Other Costof Revenue
?
?
?
?
?
Gross Profit
12.97
13.17
13.41
12.07
12.62
Operating Expense
4.34
4.45
5.10
5.24
5.23
Operation And Maintenance
?
?
1.12
0.30
?
Selling General And Administration
4.17
4.42
3.77
5.24
5.23
Research And Development
?
?
?
?
?
Depreciation And Amortization
?
?
?
?
?
Depletion
?
?
?
?
?
Provision For Doubtful Accounts
?
?
?
?
?
Other Taxes
?
?
?
?
?
Other Operating Expenses
0.16
0.03
0.12
?
?
Operating Income
8.63
8.71
8.31
6.83
7.39
Net Non Operating Interest Income Expense
-0.05
-0.16
-1.21
-0.79
-0.12
Interest Income Non Operating
0.16
0.04
?
?
?
Interest Expense Non Operating
0.22
0.20
1.21
0.72
0.11
Total Other Finance Cost
?
?
?
?
?
Other Income Expense
-0.46
-0.62
-0.33
-0.48
-0.92
Gain On Sale Of Security
-0.10
-0.31
-0.06
-0.48
-0.92
Earnings From Equity Interest
?
?
?
?
?
Securities Amortization
?
?
?
?
?
Special Income Charges
-0.36
-0.31
-0.27
?
?
Other Non Operating Income Expenses
?
?
?
?
?
Pretax Income
8.12
7.93
6.76
5.57
6.36
Tax Provision
2.93
3.11
2.92
2.28
3.20
Earnings From Equity Interest Net Of Tax
?
?
?
?
?
Net Income Common Stockholders
5.19
4.82
3.84
3.29
3.16
Net Income
5.19
4.82
3.84
3.29
3.16
Preferred Stock Dividends
?
?
?
?
?
Diluted Nia Com Stockholders
?
?
?
?
?
Basic Eps
?
?
?
?
?
Basic Continuous Operations
?
?
?
?
?
Basic Discontinuous Operations
?
?
?
?
?
Basic Extraordinary
?
?
?
?
?
Basic Accounting Change
?
?
?
?
?
Tax Loss Carryforward Basic Eps
?
?
?
?
?
Basic Epso Gains Losses
?
?
?
?
?
Diluted Eps
?
?
?
?
?
Diluted Continuous Operations
?
?
?
?
?
Diluted Discontinuous Operations
?
?
?
?
?
Diluted Extraordinary
?
?
?
?
?
Diluted Accounting Change
?
?
?
?
?
Tax Loss Carryforward Diluted Eps
?
?
?
?
?
Diluted Epso Gains Losses
?
?
?
?
?
Basic Average Shares
?
?
?
?
?
Diluted Average Shares
?
?
?
?
?
Dividend Per Share
?
?
?
?
?
Total Operating Income As Reported
8.32
8.45
8.43
6.83
7.39
Reported Normalized Basic Eps
?
?
?
?
?
Reported Normalized Diluted Eps
?
?
?
?
?
Rent Expense Supplemental
?
?
?
?
?
Total Expenses
93.87
95.94
93.39
84.47
71.48
Interest Expense
0.22
0.20
1.21
0.72
0.11
Net Income From Continuing And Discontinued Operation
5.19
4.82
3.84
3.29
3.16
Normalized Income
5.48
5.20
4.09
3.64
3.83
Ebit
8.34
8.14
7.97
6.29
6.47
Ebitda
10.89
10.55
10.84
8.92
8.26
Reconciled Cost Of Revenue
?
?
?
?
?
Reconciled Depreciation
?
?
?
?
?
Net Income From Continuing Operation Net Minority Interest
?
?
?
?
?
Total Unusual Items Excluding Goodwill
?
?
?
?
?
Total Unusual Items
?
?
?
?
?
Normalized Basic Eps
?
?
?
?
?
Normalized Diluted Eps
?
?
?
?
?
Normalized Ebitda
?
?
?
?
?
Tax Rate For Calcs
?
?
?
?
?
Tax Effect Of Unusual Items
?
?
?
?
?
Price History for Dynacor Gold Mines Inc.
Price HistorySETTINGS
Adjusted: Splits Only
Volume1.61.651.71.751.81.851.9May, 14May, 20May, 26May, 30Jun, 3Jun, 7Jun, 11
Friday, Jun, 12 2020
Symbol
?Series 1
Open
1.72
High
1.72
Low
1.68
Close
1.68
Volume
12.15k
VWAP
1.71
SHOW RESULTSHOW LATEST
Date
Open
High
Low
Close
VWAP
Volume
% Chg
$ Chg
Trade Val
# Trades
2020-06-12
1.72
1.72
1.68
1.68
1.7114
12.15k
-1.18%
-0.02
20,793.00
36
2020-06-11
1.70
1.73
1.70
1.70
1.7091
81.30k
0.00%
--
138,953.00
55
2020-06-10
1.73
1.73
1.70
1.70
1.7111
30.10k
-1.73%
-0.03
51,504.00
30
2020-06-09
1.74
1.76
1.71
1.73
1.7374
32.52k
0.00%
--
56,504.00
53
2020-06-08
1.75
1.75
1.73
1.73
1.7447
13.67k
0.00%
--
23,849.00
31
2020-06-05
1.72
1.74
1.70
1.73
1.7077
24.17k
0.00%
--
41,275.00
76
2020-06-04
1.79
1.79
1.73
1.73
1.752
14.85k
-0.29%
-0.005
26,016.00
24
2020-06-03
1.75
1.75
1.70
1.735
1.714
32.95k
-0.86%
-0.015
56,477.00
34
2020-06-02
1.83
1.83
1.64
1.75
1.6972
94.11k
0.58%
0.01
159,724.00
111
2020-06-01
1.77
1.77
1.74
1.74
1.7528
9,891
-0.57%
-0.01
17,337.00
29
2020-05-29
1.79
1.79
1.75
1.75
1.7617
29.39k
-1.68%
-0.03
51,773.00
32
2020-05-28
1.76
1.78
1.76
1.78
1.7737
1,600
1.14%
0.02
2,838.00
7
2020-05-27
1.75
1.76
1.74
1.76
1.7484
19.88k
0.57%
0.01
34,759.00
23
2020-05-26
1.78
1.79
1.75
1.75
1.7557
30.02k
-1.68%
-0.03
52,700.00
34
2020-05-25
1.80
1.80
1.77
1.78
1.7907
20.60k
0.00%
--
36,889.00
19
2020-05-22
1.84
1.84
1.78
1.78
1.8052
15.55k
-3.26%
-0.06
28,070.00
21
2020-05-21
1.87
1.88
1.83
1.84
1.8454
12.37k
-2.13%
-0.04
22,825.00
45
2020-05-20
1.78
1.88
1.78
1.88
1.8445
76.56k
6.22%
0.11
141,214.00
97
2020-05-19
1.73
1.77
1.70
1.77
1.7398
31.43k
1.72%
0.03
54,683.00
91
2020-05-15
1.71
1.74
1.70
1.74
1.7281
33.54k
5.46%
0.09
57,961.00
58
2020-05-14
1.63
1.69
1.62
1.65
1.6466
98.47k
1.85%
0.03
162,142.00
74
2020-05-13
1.72
1.72
1.62
1.62
1.6715
43.70k
-4.71%
-0.08
73,047.00
47
History Snapshot for Dynacor Gold Mines Inc.
SHOW ADJUSTED
SYMBOL:
DNG
DATE:
2020-06-12
UNADJ. OPEN:
1.72
UNADJ. HIGH:
1.72
UNADJ. LOW:
1.68
UNADJ. CLOSE:
1.68
VWAP:
1.7114
VOLUME:
12.15k
$ CHG:
-0.02
% CHG:
-1.18%
TRADE VAL:
20,793.00
# TRADES:
36
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
