Labrador Gold Corp Stock Today
| LAB Stock | CAD 0.20 0.01 4.76% |
Performance9 of 100
| Odds Of DistressLess than 49
|
Labrador Gold is selling for under 0.2 as of the 19th of April 2024; that is -4.76% down since the beginning of the trading day. The stock's lowest day price was 0.2. Labrador Gold has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Labrador Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. Labrador Gold Corp. was incorporated in 1987 and is headquartered in Toronto, Canada. LABRADOR GOLD is traded on TSX Venture Exchange in Canada. The company has 170.01 M outstanding shares of which 48.31 K shares are now shorted by private and institutional investors with about 0.57 days to cover all short positions. More on Labrador Gold Corp
Moving together with Labrador Stock
| 0.75 | RY-PS | Royal Bank | PairCorr |
| 0.78 | RY | Royal Bank | PairCorr |
| 0.84 | RY-PM | Royal Bank | PairCorr |
| 0.87 | TD-PFL | Toronto Dominion Bank | PairCorr |
| 0.86 | TD-PFM | Toronto Dominion Bank | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Labrador 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. Labrador Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Labrador Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | James Lanthier |
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Labrador Gold Corp (LAB) is traded on TSX Venture Exchange in Canada and employs 25 people. Labrador Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 35.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Labrador Gold's market, we take the total number of its shares issued and multiply it by Labrador Gold'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. Labrador Gold Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 170.01 M outstanding shares of which 48.31 K shares are now shorted by private and institutional investors with about 0.57 days to cover all short positions.
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.
Check Labrador Gold Probability Of Bankruptcy
Ownership AllocationLabrador Gold Corp maintains a total of 170.01 Million outstanding shares. Labrador Gold Corp secures 13.26 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Please note that no matter how many assets the company has, 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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Labrador Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Labrador Gold jumping above the current price in 90 days from now is about 8.32%. The Labrador Gold Corp probability density function shows the probability of Labrador Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 1.6692. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Labrador Gold will likely underperform. Additionally, labrador Gold Corp has an alpha of 0.6005, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Labrador Gold to move above the current price in 90 days from now is about 8.32 (This Labrador Gold Corp probability density function shows the probability of Labrador Stock to fall within a particular range of prices over 90 days) .
Labrador Gold Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Labrador Gold market risk premium is the additional return an investor will receive from holding Labrador Gold 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 Labrador Gold. 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 Labrador Gold's alpha and beta are two of the key measurements used to evaluate Labrador Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.67 | |||
| Semi Deviation | 3.11 | |||
| Standard Deviation | 6.08 | |||
| Variance | 36.91 |
Labrador Stock Against Markets
Picking the right benchmark for Labrador Gold 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 Labrador Gold 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 Labrador Gold is critical whether you are bullish or bearish towards Labrador Gold Corp at a given time. Please also check how Labrador Gold's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Labrador Gold 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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Labrador Gold Corporate Directors
Labrador Gold corporate directors refer to members of a Labrador Gold board of directors. The board of directors generally takes responsibility for the Labrador Gold's 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 Labrador Gold's board members must vote for the resolution. The Labrador Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Asha Daniere | Independent Director | Profile | |
| Norman Inkster | Director | Profile | |
| Scott Moore | Director | Profile | |
| Leo Karabelas | Director | Profile |
How to buy Labrador Stock?
Before investing in Labrador Gold, 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 Labrador Gold. To buy Labrador Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Labrador Gold. 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 Labrador Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Labrador Gold Corp 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 Labrador Gold Corp 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 Labrador Gold Corp, 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 Labrador Gold Corp?
The danger of trading Labrador Gold Corp 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 Labrador Gold 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 Labrador Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Labrador Gold Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Labrador Gold Corp. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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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