Labrador Gold Corp Stock Buy Hold or Sell Recommendation
| LAB Stock | CAD 0.14 0.06 30.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Labrador Gold Corp is 'Hold'. Macroaxis provides Labrador Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LAB positions. The advice algorithm takes into account all of Labrador Gold's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Labrador Gold's buy or sell advice are summarized below:
Real Value 0.16 | Hype Value 0.14 | Market Value 0.14 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Labrador Gold Corp given historical horizon and risk tolerance towards Labrador Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Labrador Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Labrador |
Execute Labrador Gold Buy or Sell Advice
The Labrador recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Labrador Gold Corp. Macroaxis does not own or have any residual interests in Labrador Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Labrador Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Labrador Gold Trading Alerts and Improvement Suggestions
| Labrador Gold Corp had very high historical volatility over the last 90 days | |
| Labrador Gold Corp has some characteristics of a very speculative penny stock | |
| Labrador Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (796.85 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Labrador Gold Corp has accumulated about 846.74 K in cash with (476.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Labrador Gold Files NI43-101 Technical Report for the Kingsway Project - Yahoo Finance |
Labrador Gold Returns Distribution Density
The distribution of Labrador Gold's historical returns is an attempt to chart the uncertainty of Labrador Gold's future price movements. The chart of the probability distribution of Labrador Gold daily returns describes the distribution of returns around its average expected value. We use Labrador Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Labrador Gold returns is essential to provide solid investment advice for Labrador Gold.
| Mean Return | 0.82 | Value At Risk | -6.67 | Potential Upside | 10.53 | Standard Deviation | 6.00 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Labrador Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Labrador Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (886.3K) | (6.6M) | (14.7M) | (11.0M) | (9.9M) | (9.4M) | |
| Change In Cash | 5.9M | 26.9M | (11.9M) | (11.3M) | (10.1M) | (9.6M) | |
| Capital Expenditures | 886.3K | 6.6M | 14.7M | 11.0M | 12.6M | 13.2M | |
| Net Income | (2.0M) | (2.7M) | (1.2M) | (796.9K) | (717.2K) | (753.0K) | |
| End Period Cash Flow | 6.3M | 33.2M | 21.4M | 10.1M | 11.6M | 10.0M | |
| Change To Netincome | 352.0K | 1.4M | (540.4K) | (160.7K) | (144.6K) | (137.4K) | |
| Free Cash Flow | (1.5M) | (7.6M) | (3.8M) | (11.4M) | (10.3M) | (9.8M) |
Labrador Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Labrador Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Labrador Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Labrador stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.70 | |
β | Beta against NYSE Composite | 1.44 | |
σ | Overall volatility | 7.26 | |
Ir | Information ratio | 0.12 |
Labrador Gold Volatility Alert
Labrador Gold Corp shows above-average downside volatility for the selected time horizon. Labrador Gold Corp is a potential penny stock. Although Labrador Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Labrador Gold Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Labrador instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Labrador Gold Fundamentals Vs Peers
Comparing Labrador Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Labrador Gold's direct or indirect competition across all of the common fundamentals between Labrador Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Labrador Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Labrador Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Labrador Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Labrador Gold to competition |
| Fundamentals | Labrador Gold | Peer Average |
| Return On Equity | -0.0148 | -0.31 |
| Return On Asset | -0.0142 | -0.14 |
| Current Valuation | 26.4 M | 16.62 B |
| Shares Outstanding | 170.01 M | 571.82 M |
| Shares Owned By Insiders | 13.26 % | 10.09 % |
| Number Of Shares Shorted | 82.75 K | 4.71 M |
| Price To Earning | 21.25 X | 28.72 X |
| Price To Book | 0.73 X | 9.51 X |
| EBITDA | (1.11 M) | 3.9 B |
| Net Income | (796.85 K) | 570.98 M |
| Cash And Equivalents | 846.74 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Debt To Equity | 3.12 % | 48.70 % |
| Book Value Per Share | 0.29 X | 1.93 K |
| Cash Flow From Operations | (476.11 K) | 971.22 M |
| Short Ratio | 0.57 X | 4.00 X |
| Target Price | 0.75 | |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 34 M | 19.03 B |
| Total Asset | 50.45 M | 29.47 B |
| Retained Earnings | (17.43 M) | 9.33 B |
| Working Capital | 9.64 M | 1.48 B |
| Net Asset | 50.45 M |
Labrador Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Labrador . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 242163.0 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.7 | |||
| Day Median Price | 0.17 | |||
| Day Typical Price | 0.16 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.06) |
About Labrador Gold Buy or Sell Advice
When is the right time to buy or sell Labrador Gold Corp? Buying financial instruments such as Labrador Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2023 | 2024 (projected) | Other Current Liabilities | 1.3M | 1.4M | Total Assets | 58.0M | 60.9M |
Use Investing Ideas to Build Portfolios
In addition to having Labrador Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies manufacturing rubber and plastics accessories. The Plastics theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Plastics Theme or any other thematic opportunities.
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Check out Labrador Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Labrador Stock analysis
When running Labrador Gold's price analysis, check to measure Labrador Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Labrador Gold is operating at the current time. Most of Labrador Gold's value examination focuses on studying past and present price action to predict the probability of Labrador Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Labrador Gold's price. Additionally, you may evaluate how the addition of Labrador Gold to your portfolios can decrease your overall portfolio volatility.
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