Pelangio Exploration Stock Today
| PX Stock | CAD 0.02 0.01 33.33% |
Performance3 of 100
| Odds Of DistressOver 67
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Pelangio Exploration is selling for under 0.02 as of the 19th of April 2024; that is -33.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.02. Pelangio Exploration has more than 67 % 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 Pelangio Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Pelangio Exploration Inc., a junior gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and Ghana. The company was incorporated in 2008 and is headquartered in Toronto, Canada. PELANGIO EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 162.23 M outstanding shares of which 276 shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. More on Pelangio Exploration
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Pelangio 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. Pelangio Exploration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pelangio Exploration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ingrid Hibbard | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Pelangio Exploration's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Pelangio Exploration'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 Pelangio Exploration's financial leverage. It provides some insight into what part of Pelangio Exploration's total assets is financed by creditors.
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Pelangio Exploration (PX) is traded on TSX Venture Exchange in Canada and employs 13 people. Pelangio Exploration 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 3.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pelangio Exploration's market, we take the total number of its shares issued and multiply it by Pelangio Exploration'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. Pelangio Exploration conducts business under Metals & Mining sector and is part of Materials industry. The entity has 162.23 M outstanding shares of which 276 shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover.
Pelangio Exploration currently holds about 799.62 K in cash with (708.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Pelangio Exploration Probability Of Bankruptcy
Ownership AllocationPelangio Exploration has a total of 162.23 Million outstanding shares. Pelangio Exploration holds 12.4 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities. 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 Pelangio Ownership Details
Pelangio Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Pelangio Exploration jumping above the current price in 90 days from now is about 65.72%. The Pelangio Exploration probability density function shows the probability of Pelangio Exploration stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1573 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pelangio Exploration will likely underperform. Additionally, pelangio Exploration has an alpha of 0.3686, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Pelangio Exploration to move above the current price in 90 days from now is about 65.72 (This Pelangio Exploration probability density function shows the probability of Pelangio Stock to fall within a particular range of prices over 90 days) .
Pelangio Exploration Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pelangio Exploration market risk premium is the additional return an investor will receive from holding Pelangio Exploration 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 Pelangio Exploration. 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 Pelangio Exploration's alpha and beta are two of the key measurements used to evaluate Pelangio Exploration's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.0 | |||
| Standard Deviation | 10.53 | |||
| Variance | 110.85 | |||
| Risk Adjusted Performance | 0.0391 |
Pelangio Stock Against Markets
Picking the right benchmark for Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration is critical whether you are bullish or bearish towards Pelangio Exploration at a given time. Please also check how Pelangio Exploration'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 Pelangio Exploration 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 |
Pelangio Exploration Corporate Directors
Pelangio Exploration corporate directors refer to members of a Pelangio Exploration board of directors. The board of directors generally takes responsibility for the Pelangio Exploration'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 Pelangio Exploration's board members must vote for the resolution. The Pelangio Exploration board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kevin Thomson | Additional Director | Profile | |
| Ian Shaw | Independent Director | Profile | |
| J StAmour | Director | Profile | |
| David Mosher | Independent Director | Profile |
How to buy Pelangio Stock?
Before investing in Pelangio Exploration, 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 Pelangio Exploration. To buy Pelangio Exploration stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pelangio Exploration. 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 Pelangio Exploration stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration, 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 Pelangio Exploration?
The danger of trading Pelangio Exploration 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 Pelangio Exploration 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 Pelangio Exploration. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pelangio Exploration 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 Pelangio Exploration. 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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Pelangio Stock analysis
When running Pelangio Exploration's price analysis, check to measure Pelangio Exploration'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 Pelangio Exploration is operating at the current time. Most of Pelangio Exploration's value examination focuses on studying past and present price action to predict the probability of Pelangio Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pelangio Exploration's price. Additionally, you may evaluate how the addition of Pelangio Exploration to your portfolios can decrease your overall portfolio volatility.
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