African Metals Stock Today
| AFR Stock | CAD 0.01 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 86
|
African Metals is selling for under 0.01 as of the 16th of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.01. African Metals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for African Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
African Metals Corporationration, an exploration stage company, engages in the exploration and development of natural resource properties in the Democratic Republic of the Congo. The company has 18.04 M outstanding shares of which 926 shares are presently shorted by private and institutional investors with about 1.71 days to cover all short positions. More on African Metals
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| 0.44 | GOOG | Alphabet CDR | PairCorr |
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African Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. African Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding African Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
African Metals (AFR) is traded on TSX Venture Exchange in Canada and employs 11 people. African Metals is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 180.39 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate African Metals's market, we take the total number of its shares issued and multiply it by African Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. African Metals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 18.04 M outstanding shares of which 926 shares are presently shorted by private and institutional investors with about 1.71 days to cover all short positions.
African Metals has accumulated about 19.46 K in cash with (538.21 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationAfrican Metals holds a total of 18.04 Million outstanding shares. African Metals retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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African Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. African Metals market risk premium is the additional return an investor will receive from holding African Metals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in African Metals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although African Metals' alpha and beta are two of the key measurements used to evaluate African Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.51 | |||
| Standard Deviation | 7.45 | |||
| Variance | 55.49 | |||
| Risk Adjusted Performance | 0.0304 |
African Stock Against Markets
Picking the right benchmark for African Metals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in African Metals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for African Metals is critical whether you are bullish or bearish towards African Metals at a given time. Please also check how African Metals' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in African Metals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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African Metals Corporate Directors
African Metals corporate directors refer to members of an African Metals board of directors. The board of directors generally takes responsibility for the African Metals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of African Metals' board members must vote for the resolution. The African Metals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Simeon Tshisangama | Independent Director | Profile | |
| John ODonnell | Director | Profile | |
| Michael Velletta | Independent Director | Profile | |
| David Mason | Director | Profile |
How to buy African Stock?
Before investing in African Metals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in African Metals. To buy African Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of African Metals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase African Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located African Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased African Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as African Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in African Metals?
The danger of trading African Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of African Metals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than African Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile African Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in African Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for African Stock analysis
When running African Metals' price analysis, check to measure African Metals' 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 African Metals is operating at the current time. Most of African Metals' value examination focuses on studying past and present price action to predict the probability of African Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move African Metals' price. Additionally, you may evaluate how the addition of African Metals to your portfolios can decrease your overall portfolio volatility.
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