Iluka Resources Ltd Stock Today
| ILKAY Stock | USD 23.18 0.50 2.11% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Iluka Resources is trading at 23.18 as of the 24th of April 2024; that is -2.11 percent decrease since the beginning of the trading day. The stock's open price was 23.68. Iluka Resources has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Iluka Resources Ltd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of June 2023 and ending today, the 24th of April 2024. Click here to learn more.
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. Iluka Resources Limited was incorporated in 1954 and is headquartered in Perth, Australia. Iluka Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. The company has 84.99 M outstanding shares. More on Iluka Resources Ltd
Moving against Iluka Pink Sheet
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Follow Valuation Odds of Bankruptcy
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Iluka 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. Iluka Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Iluka Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Thomas OLeary |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Iluka Resources Ltd [ILKAY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Iluka Resources's market, we take the total number of its shares issued and multiply it by Iluka 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. Iluka Resources classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 84.99 M outstanding shares.
Iluka Resources Ltd has accumulated about 450.2 M in cash with 354.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.32.
Check Iluka Resources Probability Of Bankruptcy
Iluka Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Iluka Resources jumping above the current price in 90 days from now is about 49.19%. The Iluka Resources Ltd probability density function shows the probability of Iluka Resources pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Iluka Resources has a beta of 0.2613. This usually indicates as returns on the market go up, Iluka Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Iluka Resources Ltd will be expected to be much smaller as well. Additionally, iluka Resources Ltd has an alpha of 0.1535, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Iluka Resources to move above the current price in 90 days from now is about 49.19 (This Iluka Resources Ltd probability density function shows the probability of Iluka Pink Sheet to fall within a particular range of prices over 90 days) .
Iluka Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Iluka Resources market risk premium is the additional return an investor will receive from holding Iluka 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 Iluka 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 Iluka Resources' alpha and beta are two of the key measurements used to evaluate Iluka Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 1.83 | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.14 |
Iluka Stock Against Markets
Picking the right benchmark for Iluka Resources 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 Iluka Resources 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 Iluka Resources is critical whether you are bullish or bearish towards Iluka Resources Ltd at a given time. Please also check how Iluka 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 Iluka 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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Iluka Resources Corporate Directors
Iluka Resources corporate directors refer to members of an Iluka Resources board of directors. The board of directors generally takes responsibility for the Iluka Resources' 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 Iluka Resources' board members must vote for the resolution. The Iluka Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| James Ranck | Non-Executive Director | Profile | |
| Gavin Rezos | Non-Executive Independent Director | Profile | |
| Marcelo Bastos | Independent Non-Executive Director | Profile | |
| Susan Corlett | Independent Non-Executive Director | Profile |
How to buy Iluka Pink Sheet?
Before investing in Iluka 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 Iluka Resources. To buy Iluka Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Iluka 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 Iluka Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Iluka Resources Ltd 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 Iluka Resources Ltd 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 Iluka Resources Ltd, 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 Iluka Resources Ltd?
The danger of trading Iluka Resources Ltd 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 Iluka 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 Iluka Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Iluka Resources 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iluka Resources Ltd. 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 Iluka Resources information on this page should be used as a complementary analysis to other Iluka Resources' 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Iluka Pink Sheet analysis
When running Iluka Resources' price analysis, check to measure Iluka 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 Iluka Resources is operating at the current time. Most of Iluka Resources' value examination focuses on studying past and present price action to predict the probability of Iluka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iluka Resources' price. Additionally, you may evaluate how the addition of Iluka Resources to your portfolios can decrease your overall portfolio volatility.
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