Altura Mining Limited Stock Today
| ALTAF Stock | USD 0 0.0001 5.00% |
Performance7 of 100
| Odds Of DistressLess than 49
|
Altura Mining is trading at 0.0021 as of the 18th of April 2024. This is a 5.00 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0021. Altura Mining 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 Altura Mining Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Morella Corporation Limited, an exploration and resource development company, focuses on the exploration and development of lithium and battery minerals in Australia and the United States. Morella Corporation Limited was incorporated in 2000 and is based in West Perth, Australia. The company has 6.1 B outstanding shares. More on Altura Mining Limited
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Altura Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Altura Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altura Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | James Brown |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Altura Mining Limited [ALTAF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Micro-Cap' category with a current market capitalization of 48.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altura Mining's market, we take the total number of its shares issued and multiply it by Altura 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. Altura Mining Limited classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 6.1 B outstanding shares.
Altura Mining Limited has accumulated about 7.18 M in cash with (2.96 M) of positive cash flow from operations.
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Ownership AllocationAltura Mining holds a total of 6.1 Billion outstanding shares. Altura Mining Limited 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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Altura Mining Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Altura Mining market risk premium is the additional return an investor will receive from holding Altura 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 Altura 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 Altura Mining's alpha and beta are two of the key measurements used to evaluate Altura Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 14.39 | |||
| Semi Deviation | 12.71 | |||
| Standard Deviation | 35.62 | |||
| Variance | 1268.74 |
Altura Stock Against Markets
Picking the right benchmark for Altura Mining pink sheet 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 Altura Mining pink sheet 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 Altura Mining is critical whether you are bullish or bearish towards Altura Mining Limited at a given time. Please also check how Altura Mining'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 Altura 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?
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| All Next | Launch Module |
Altura Mining Corporate Directors
Altura Mining corporate directors refer to members of an Altura Mining board of directors. The board of directors generally takes responsibility for the Altura 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 Altura Mining's board members must vote for the resolution. The Altura Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Dan ONeill | Non-Executive Director | Profile | |
| Zhao Tong | Non-Executive Director | Profile | |
| Allan Buckler | Non-Executive Director | Profile | |
| Paul Mantell | Executive Director | Profile |
How to buy Altura Pink Sheet?
Before investing in Altura 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 Altura Mining. To buy Altura Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Altura 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 Altura Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Altura Mining Limited 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 Altura Mining Limited 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 Altura Mining Limited, 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 Altura Mining Limited?
The danger of trading Altura Mining Limited 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 Altura 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 Altura Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altura Mining Limited 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 Altura Mining Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Altura Mining Limited information on this page should be used as a complementary analysis to other Altura Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Altura Pink Sheet analysis
When running Altura Mining's price analysis, check to measure Altura 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 Altura Mining is operating at the current time. Most of Altura Mining's value examination focuses on studying past and present price action to predict the probability of Altura 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 Altura Mining's price. Additionally, you may evaluate how the addition of Altura Mining to your portfolios can decrease your overall portfolio volatility.
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