Elcora Advanced Materials Stock Today

ERA Stock  CAD 0.04  0.01  16.67%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Over 61

 
100  
 
Zero
Quite High
Elcora Advanced is selling for under 0.035 as of the 28th of March 2024; that is 16.67 percent up since the beginning of the trading day. The stock's lowest day price was 0.035. Elcora Advanced has more than 61 % 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 Elcora Advanced Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Elcora Advanced Materials Corp., a graphite and graphene company, mines, processes, and refines graphite and graphene. Elcora Advanced Materials Corp. was founded in 2011 and is headquartered in Bedford, Canada. ELCORA ADVANCED is traded on Commodity Exchange in Exotistan. The company has 170.38 M outstanding shares of which 66.3 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Elcora Advanced Materials

Moving against Elcora Stock

  0.44CFF Conifex TimberPairCorr

Elcora 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. Elcora Advanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elcora Advanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOTroy Grant
Thematic IdeaPlastics (View all Themes)
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Plastics, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Elcora Advanced's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Elcora Advanced's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Elcora Advanced's financial leverage. It provides some insight into what part of Elcora Advanced's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Elcora Advanced's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Elcora Advanced deploys its capital and how much of that capital is borrowed.
Liquidity
Elcora Advanced cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 241.34 K in total debt with debt to equity ratio (D/E) of 6.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Elcora Advanced until it has trouble settling it off, either with new capital or with free cash flow. So, Elcora Advanced's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elcora Advanced Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elcora to invest in growth at high rates of return. When we think about Elcora Advanced's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

(22,118.85)
Elcora Advanced Materials (ERA) is traded on TSX Venture Exchange in Canada and employs 7 people. Elcora Advanced 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 5.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elcora Advanced's market, we take the total number of its shares issued and multiply it by Elcora Advanced'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. Elcora Advanced Materials classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 170.38 M outstanding shares of which 66.3 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. Elcora Advanced Materials has accumulated about 2.85 K in cash with (511.4 K) of positive cash flow from operations.
Check Elcora Advanced Probability Of Bankruptcy
Ownership Allocation
Elcora Advanced holds a total of 170.38 Million outstanding shares. Elcora Advanced Materials shows 7.5 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. 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.
Check Elcora Ownership Details

Elcora Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Elcora Advanced jumping above the current price in 90 days from now is roughly 2.5%. The Elcora Advanced Materials probability density function shows the probability of Elcora Advanced stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 6.2053 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Elcora Advanced will likely underperform. Additionally, elcora Advanced Materials has an alpha of 0.3661, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.035HorizonTargetOdds Above 0.035
97.49%90 days
 0.04 
2.50%
Based on a normal probability distribution, the odds of Elcora Advanced to move above the current price in 90 days from now is roughly 2.5 (This Elcora Advanced Materials probability density function shows the probability of Elcora Stock to fall within a particular range of prices over 90 days) .

Elcora Advanced Materials Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Elcora Advanced market risk premium is the additional return an investor will receive from holding Elcora Advanced 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 Elcora Advanced. 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 Elcora Advanced's alpha and beta are two of the key measurements used to evaluate Elcora Advanced's performance over the market, the standard measures of volatility play an important role as well.

Elcora Stock Against Markets

Picking the right benchmark for Elcora Advanced 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 Elcora Advanced 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 Elcora Advanced is critical whether you are bullish or bearish towards Elcora Advanced Materials at a given time. Please also check how Elcora Advanced'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 Elcora Advanced 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.

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Elcora Advanced Corporate Directors

Elcora Advanced corporate directors refer to members of an Elcora Advanced board of directors. The board of directors generally takes responsibility for the Elcora Advanced'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 Elcora Advanced's board members must vote for the resolution. The Elcora Advanced board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Denis ChoquetteDirectorProfile
John CummingIndependent DirectorProfile
Johannes LindeChief Financial Officer, Corporate Secretary, DirectorProfile
Theo LindeCFO, Corporate Secretary, DirectorProfile

How to buy Elcora Stock?

Before investing in Elcora Advanced, 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 Elcora Advanced. To buy Elcora Advanced stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Elcora Advanced. 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 Elcora Advanced stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Elcora Advanced Materials 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 Elcora Advanced Materials 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 Elcora Advanced Materials, 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 Elcora Advanced Materials?

The danger of trading Elcora Advanced Materials 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 Elcora Advanced 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 Elcora Advanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Elcora Advanced Materials 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elcora Advanced Materials. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Elcora Advanced's price analysis, check to measure Elcora Advanced'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 Elcora Advanced is operating at the current time. Most of Elcora Advanced's value examination focuses on studying past and present price action to predict the probability of Elcora Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elcora Advanced's price. Additionally, you may evaluate how the addition of Elcora Advanced to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Elcora Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elcora Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elcora Advanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.