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By Vlad Skutelnik

March 24, 2020

In this article I will break down 4 Industrial Metal Mining equities to potentially sell in April 2020. We will go over Covia Holdings Corporation, BULLFROG GOLD CORP, ADAMANT DRI PROCESSING MINLS, and NIOCORP DEVELOPMENTS LTD
four Industrial Metal Mining stocks your should get rid of in April 2020

This list of potential positions covers USA Equities from Industrial Metal Mining industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.


Covia Holdings Corporation (CVIA)

The company has Profit Margin (PM) of (0.83) % which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (6.67) % which suggests for every $100 dollars of sales it generated a net operating loss of -0.07. The entity currently falls under 'Small-Cap' category with current market capitalization of 210.77 M. Covia Holdings shows prevailing Real Value of $0.7825 per share. The current price of the firm is $0.5875. Covia Holdings is under valued. This module approximates value of Covia Holdings from analyzing the firm fundamentals such as Profit Margin of (0.83) , Current Valuation of 1.87 B and Return On Equity of (1.21)  as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

BULLFROG GOLD CORP (BFGC)

The company has return on total asset (ROA) of (2.75) % which means that it has lost $2.75 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (6.66) % meaning that it created substantial loss on money invested by shareholders. The entity currently falls under 'Micro-Cap' category with current market capitalization of 18.9 M.
Total Debt

ADAMANT DRI PROCESSING MINLS (ADMG)

The company has Profit Margin (PM) of (12.52) % which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (947.74) % which suggests for every $100 dollars of sales it generated a net operating loss of -9.48. The entity currently falls under 'Nano-Cap' category with current market capitalization of 429.98 K. ADAMANT DRI PROCESSING latest Real Value cannot be determined due to lack of data. The recent price of ADAMANT DRI PROCESSING is $0.0. Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. This module approximates value of ADAMANT DRI PROCESSING from examining the firm fundamentals such as Shares Outstanding of 19.11 M and Return On Asset of 0.0091  as well as evaluating its technical indicators and Probability Of Bankruptcy. In general, we favor to invest in undervalued equities and to trade away overvalued equities since at some future date instruments prices and their ongoing real values will grow together.

NIOCORP DEVELOPMENTS LTD (NIOBF)

The company has return on total asset (ROA) of (0.76) % which means that it has lost $0.76 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 0.0 % . The firm currently falls under 'Small-Cap' category with current market capitalization of 113.25 M.
Total Debt
NIOCORP DEVELOPMENTS LTD secures last-minute Real Value of $0.4464 per share. The latest price of the firm is $0.45. NIOCORP DEVELOPMENTS is fairly valued. This module forecasts value of NIOCORP DEVELOPMENTS LTD from inspecting the firm fundamentals such as Current Valuation of 118.21 M and Return On Equity of (0.0002)  as well as reviewing its technical indicators and Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point future time entities prices and their ongoing real values will merge together.

Current Industrial Metal Mining Recommendations

Related Technical Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 20.48  9.17  0.00  841.27  0.00  0.16  0.00  39.30  0.00  519.00 
 16.62  5.24  0.22  5.45  19.05  0.23 (18.30)  45.69 (34.70)  142.30 
 18.60  5.34  0.14  5.96  17.80  0.16 (38.19)  95.56 (50.00)  174.55 
 3.51  0.25  0.07  0.04  4.74  0.08 (3.90)  6.55 (7.39)  25.98 
 6.18  0.35  0.00 (0.05)  0.00  0.031  0.00  18.82 (15.22)  59.45 
 2.82 (0.15)  0.00 (0.49)  0.00 (0.0397)  0.00  8.29 (7.99)  22.10 
 4.33  0.56  0.10  0.25  5.51  0.09 (5.00)  12.67 (11.43)  44.26 
 3.29 (0.28)  0.00 (0.76)  0.00 (0.0357)  0.00  7.27 (6.54)  27.27 
 15.46  2.53  0.12  8.16  17.75  0.12 (18.72)  37.68 (37.84)  126.92 
 2.70 (0.31)  0.00 (0.71)  0.00 (0.06)  0.00  7.10 (8.11)  26.08 

About Contributor

Vlad Skutelnik
   Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs
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