Minaurum Gold Stock Today
| MGG Stock | CAD 0.26 0.02 8.33% |
Performance7 of 100
| Odds Of DistressOver 62
|
Minaurum Gold is selling for under 0.26 as of the 23rd of April 2024; that is 8.33 percent increase since the beginning of the trading day. The stock's lowest day price was 0.23. Minaurum Gold has more than 62 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Minaurum Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Minaurum Gold Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. Minaurum Gold Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. MINAURUM GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 373.93 M outstanding shares of which 314.08 K shares are now shorted by private and institutional investors with about 0.52 days to cover all short positions. More on Minaurum Gold
Moving together with Minaurum Stock
| 0.66 | OSI | Osino Resources Corp | PairCorr |
Moving against Minaurum Stock
| 0.41 | DYA | DynaCERT | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Minaurum 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. Minaurum Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Minaurum Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | BBA BBA |
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Minaurum Gold (MGG) is traded on TSX Venture Exchange in Canada and employs 17 people. Minaurum 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 89.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Minaurum Gold's market, we take the total number of its shares issued and multiply it by Minaurum 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. Minaurum Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 373.93 M outstanding shares of which 314.08 K shares are now shorted by private and institutional investors with about 0.52 days to cover all short positions.
Minaurum Gold has accumulated about 8.74 M in cash with (4.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Minaurum Gold Probability Of Bankruptcy
Ownership AllocationMinaurum Gold maintains a total of 373.93 Million outstanding shares. Roughly 93.0 % of Minaurum Gold outstanding shares are held by general public with 0.66 pct. owned by insiders and only 6.5 % 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.
Check Minaurum Ownership Details
Minaurum Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Minaurum Gold jumping above the current price in 90 days from now is about 33.62%. The Minaurum Gold probability density function shows the probability of Minaurum 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 2.4058. 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, Minaurum Gold will likely underperform. Additionally, minaurum Gold has an alpha of 0.7504, implying that it can generate a 0.75 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Minaurum Gold to move above the current price in 90 days from now is about 33.62 (This Minaurum Gold probability density function shows the probability of Minaurum Stock to fall within a particular range of prices over 90 days) .
Minaurum Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Minaurum Gold market risk premium is the additional return an investor will receive from holding Minaurum 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 Minaurum 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 Minaurum Gold's alpha and beta are two of the key measurements used to evaluate Minaurum Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 7.25 | |||
| Semi Deviation | 7.66 | |||
| Standard Deviation | 12.61 | |||
| Variance | 159.13 |
Minaurum Stock Against Markets
Picking the right benchmark for Minaurum 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 Minaurum 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 Minaurum Gold is critical whether you are bullish or bearish towards Minaurum Gold at a given time. Please also check how Minaurum Gold's 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 Minaurum 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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Minaurum Gold Corporate Directors
Minaurum Gold corporate directors refer to members of a Minaurum Gold board of directors. The board of directors generally takes responsibility for the Minaurum 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 Minaurum Gold's board members must vote for the resolution. The Minaurum Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Jones | Director | Profile | |
| Lawrence Talbot | Independent Director | Profile | |
| Peter Megaw | Director | Profile | |
| David Medilek | Director | Profile |
How to buy Minaurum Stock?
Before investing in Minaurum 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 Minaurum Gold. To buy Minaurum Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Minaurum 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 Minaurum Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Minaurum Gold 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 Minaurum Gold 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 Minaurum Gold, 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 Minaurum Gold?
The danger of trading Minaurum Gold 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 Minaurum 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 Minaurum Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Minaurum Gold 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 Minaurum Gold. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Minaurum Gold's price analysis, check to measure Minaurum 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 Minaurum Gold is operating at the current time. Most of Minaurum Gold's value examination focuses on studying past and present price action to predict the probability of Minaurum 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 Minaurum Gold's price. Additionally, you may evaluate how the addition of Minaurum Gold to your portfolios can decrease your overall portfolio volatility.
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