Neometals Stock Today

RRSSF Stock  USD 0.09  0.04  29.17%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Over 62

 
100  
 
Zero
Quite High
Neometals is trading at 0.085 as of the 28th of March 2024. This is a -29.17 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.075. Neometals has more than 62 % 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 Neometals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
The company operates through three segments Lithium, TitaniumVanadium, and Other. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia. Neometals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 552.74 M outstanding shares. More on Neometals

Moving together with Neometals Pink Sheet

  0.7GLCNF Glencore PLCPairCorr
  0.69GLNCY Glencore PLC ADRPairCorr

Moving against Neometals Pink Sheet

  0.57PPERY Bank Mandiri PerseroPairCorr
Follow Valuation Odds of Bankruptcy
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Neometals 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. Neometals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neometals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOChristopher Reed
Business ConcentrationOther Industrial Metals & Mining, Basic Materials (View all Sectors)
Neometals [RRSSF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Small-Cap' category with a current market capitalization of 337.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neometals's market, we take the total number of its shares issued and multiply it by Neometals'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. Neometals classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 552.74 M outstanding shares. Neometals has accumulated about 62.39 M in cash with (25.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Neometals Probability Of Bankruptcy
Ownership Allocation
Neometals holds a total of 552.74 Million outstanding shares. Neometals secures 16.9 % of its outstanding shares held by insiders and 6.835 % owned by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Neometals Ownership Details

Neometals Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Neometals jumping above the current price in 90 days from now is under 95%. The Neometals probability density function shows the probability of Neometals pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 3.5212 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, Neometals will likely underperform. Additionally, neometals has an alpha of 0.0703, implying that it can generate a 0.0703 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.085HorizonTargetOdds Above 0.085
5.65%90 days
 0.09 
94.32%
Based on a normal probability distribution, the odds of Neometals to move above the current price in 90 days from now is under 95 (This Neometals probability density function shows the probability of Neometals Pink Sheet to fall within a particular range of prices over 90 days) .

Neometals Risk Profiles

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

Neometals Stock Against Markets

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

Neometals corporate directors refer to members of a Neometals board of directors. The board of directors generally takes responsibility for the Neometals' 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 Neometals' board members must vote for the resolution. The Neometals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Douglas RitchieIndependent DirectorProfile
Natalia StreltsovaIndependent DirectorProfile
Les GuthrieNon-Executive DirectorProfile
Jennifer PurdieNon-Executive DirectorProfile

How to buy Neometals Pink Sheet?

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

The danger of trading Neometals 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 Neometals 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 Neometals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neometals 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 Neometals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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When running Neometals' price analysis, check to measure Neometals' 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 Neometals is operating at the current time. Most of Neometals' value examination focuses on studying past and present price action to predict the probability of Neometals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neometals' price. Additionally, you may evaluate how the addition of Neometals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Neometals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Neometals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neometals' 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.