Orestone Mining Corp Stock Today
| ORS Stock | CAD 0.03 0.00 0.00% |
Performance2 of 100
| Odds Of DistressOver 86
|
Orestone Mining is selling for under 0.03 as of the 24th of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.03. Orestone Mining has a very high 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 Orestone Mining Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2023 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. The company was incorporated in 2007 and is based in Vancouver, Canada. ORESTONE MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 56.66 M outstanding shares of which 12.48 K shares are now shorted by private and institutional investors with about 0.05 days to cover all short positions. More on Orestone Mining Corp
Moving against Orestone Stock
| 0.53 | GBLT | GBLT Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Orestone 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. Orestone Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Orestone Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | David Hottman |
| Thematic Idea | Silver (View all Themes) |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Silver, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Orestone Mining Corp (ORS) is traded on TSX Venture Exchange in Canada and employs 13 people. Orestone Mining 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 1.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Orestone Mining's market, we take the total number of its shares issued and multiply it by Orestone Mining'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. Orestone Mining Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 56.66 M outstanding shares of which 12.48 K shares are now shorted by private and institutional investors with about 0.05 days to cover all short positions.
Orestone Mining Corp has accumulated about 918 K in cash with (340.41 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Orestone Mining Probability Of Bankruptcy
Ownership AllocationOrestone Mining owns a total of 56.66 Million outstanding shares. Orestone Mining holds 10.65 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Orestone Ownership Details
Orestone Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Orestone Mining jumping above the current price in 90 days from now is about 38.21%. The Orestone Mining Corp probability density function shows the probability of Orestone Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 2.3812. 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, Orestone Mining will likely underperform. Additionally, orestone Mining Corp has an alpha of 0.7969, implying that it can generate a 0.8 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Orestone Mining to move above the current price in 90 days from now is about 38.21 (This Orestone Mining Corp probability density function shows the probability of Orestone Stock to fall within a particular range of prices over 90 days) .
Orestone Mining Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Orestone Mining market risk premium is the additional return an investor will receive from holding Orestone Mining 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 Orestone Mining. 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 Orestone Mining's alpha and beta are two of the key measurements used to evaluate Orestone Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.97 | |||
| Standard Deviation | 9.64 | |||
| Variance | 92.98 | |||
| Risk Adjusted Performance | 0.0747 |
Orestone Stock Against Markets
Picking the right benchmark for Orestone Mining 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 Orestone Mining 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 Orestone Mining is critical whether you are bullish or bearish towards Orestone Mining Corp at a given time. Please also check how Orestone Mining'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 Orestone Mining 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?
Run Equity Valuation Now
Equity ValuationCheck real value of public entities based on technical and fundamental data |
| All Next | Launch Module |
Orestone Mining Corporate Directors
Orestone Mining corporate directors refer to members of an Orestone Mining board of directors. The board of directors generally takes responsibility for the Orestone Mining'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 Orestone Mining's board members must vote for the resolution. The Orestone Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Patrick Daniels | Director | Profile | |
| John Kanderka | Director | Profile | |
| James Anderson | Director | Profile | |
| Thomas Willock | Independent Director | Profile |
How to buy Orestone Stock?
Before investing in Orestone Mining, 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 Orestone Mining. To buy Orestone Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Orestone Mining. 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 Orestone Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Orestone Mining 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 Orestone Mining 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 Orestone Mining 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 Orestone Mining Corp?
The danger of trading Orestone Mining 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 Orestone Mining 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 Orestone Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Orestone Mining 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining 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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Orestone Stock analysis
When running Orestone Mining's price analysis, check to measure Orestone Mining'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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |