Lake Resources Nl Stock Today
| LLKKF Stock | USD 0.03 0 10.57% |
Performance0 of 100
| Odds Of DistressOver 68
|
Lake Resources is trading at 0.033 as of the 23rd of April 2024. This is a -10.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.031. Lake Resources has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Lake Resources NL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Lake Resources NL explores for and develops lithium brine projects in Argentina. Lake Resources NL was incorporated in 1997 and is based in Sydney, Australia. LAKE RESOURCES operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 1.42 B outstanding shares. More on Lake Resources NL
Moving against Lake OTC Stock
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Follow Valuation Odds of Bankruptcy
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Lake OTC 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. Lake Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lake Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Stuart Crow |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Lake Resources NL [LLKKF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with a current market capitalization of 724.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lake Resources's market, we take the total number of its shares issued and multiply it by Lake Resources'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. Lake Resources NL classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 1.42 B outstanding shares.
Lake Resources NL has accumulated about 175.45 M in cash with (8.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Lake Resources Probability Of Bankruptcy
Ownership AllocationLake Resources NL holds a total of 1.42 Billion outstanding shares. Lake Resources NL secures 12.77 % of its outstanding shares held by insiders and 12.87 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Lake Ownership Details
Lake Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Lake Resources jumping above the current price in 90 days from now is roughly 97.0%. The Lake Resources NL probability density function shows the probability of Lake Resources otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Lake Resources NL has a beta of -0.4792. This indicates as returns on the benchmark increase, returns on holding Lake Resources are expected to decrease at a much lower rate. During a bear market, however, Lake Resources NL is likely to outperform the market. Additionally, lake Resources NL has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lake Resources to move above the current price in 90 days from now is roughly 97.0 (This Lake Resources NL probability density function shows the probability of Lake OTC Stock to fall within a particular range of prices over 90 days) .
Lake Resources NL Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lake Resources market risk premium is the additional return an investor will receive from holding Lake Resources 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 Lake Resources. 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 Lake Resources' alpha and beta are two of the key measurements used to evaluate Lake Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.8 | |||
| Standard Deviation | 6.68 | |||
| Variance | 44.62 | |||
| Risk Adjusted Performance | (0.07) |
Lake Stock Against Markets
Picking the right benchmark for Lake Resources otc 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 Lake Resources otc 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 Lake Resources is critical whether you are bullish or bearish towards Lake Resources NL at a given time. Please also check how Lake Resources' 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 Lake Resources 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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Lake Resources Corporate Management
Elected by the shareholders, the Lake Resources' board of directors comprises two types of representatives: Lake Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lake. The board's role is to monitor Lake Resources' management team and ensure that shareholders' interests are well served. Lake Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lake Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Munro | Strategy Technology | Profile | |
| Karen Greene | VP Relations | Profile | |
| Andrew Bursill | Company Secretary | Profile | |
| Geoffrey Crow | Ex Chairman | Profile | |
| Peter Neilsen | CFO Sec | Profile |
How to buy Lake OTC Stock?
Before investing in Lake Resources, 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 Lake Resources. To buy Lake Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lake Resources. 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 Lake Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lake Resources NL 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 Lake Resources NL 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 Lake Resources NL, 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 Lake Resources NL?
The danger of trading Lake Resources NL is mainly related to its market volatility and OTC Stock 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 Lake Resources 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 Lake Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lake Resources NL 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 Lake Resources NL. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Lake OTC Stock analysis
When running Lake Resources' price analysis, check to measure Lake Resources' 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 Lake Resources is operating at the current time. Most of Lake Resources' value examination focuses on studying past and present price action to predict the probability of Lake Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lake Resources' price. Additionally, you may evaluate how the addition of Lake Resources to your portfolios can decrease your overall portfolio volatility.
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