Electric Royalties Stock Analysis

ELEC Stock  CAD 0.23  0.02  9.52%   
Electric Royalties is overvalued with Real Value of 0.2 and Hype Value of 0.23. The main objective of Electric Royalties stock analysis is to determine its intrinsic value, which is an estimate of what Electric Royalties is worth, separate from its market price. There are two main types of Electric Royalties' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Electric Royalties' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Electric Royalties' stock to identify patterns and trends that may indicate its future price movements.
The Electric Royalties stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Electric Royalties is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Electric Stock trading window is adjusted to America/Toronto timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Electric Stock Analysis Notes

About 41.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.59. Some equities with similar Price to Book (P/B) outperform the market in the long run. Electric Royalties recorded a loss per share of 0.07. The entity last dividend was issued on the 29th of June 2020. Electric Royalties Ltd. focuses on acquiring royalties in mines and projects. The company primarily focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. ELECTRIC ROYALTIES operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. To learn more about Electric Royalties call the company at 604-639-9200 or check out https://www.electricroyalties.com.

Electric Royalties Investment Alerts

Electric Royalties had very high historical volatility over the last 90 days
Electric Royalties has some characteristics of a very speculative penny stock
Electric Royalties has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 165.81 K. Net Loss for the year was (6 M) with profit before overhead, payroll, taxes, and interest of 0.
Electric Royalties has accumulated about 2.4 M in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Roughly 41.0% of the company shares are held by company insiders
Latest headline from news.google.com: Closing Bell Electric Royalties Ltd down on Monday - The Globe and Mail

Electric Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 22.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Electric Royalties's market, we take the total number of its shares issued and multiply it by Electric Royalties'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.

Electric Profitablity

Electric Royalties' profitability indicators refer to fundamental financial ratios that showcase Electric Royalties' ability to generate income relative to its revenue or operating costs. If, let's say, Electric Royalties is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Electric Royalties' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Electric Royalties' profitability requires more research than a typical breakdown of Electric Royalties' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.33)(0.35)
Return On Capital Employed(0.07)(0.08)
Return On Assets(0.33)(0.35)
Return On Equity(0.44)(0.47)

Management Efficiency

Electric Royalties has return on total asset (ROA) of (0.045) % which means that it has lost $0.045 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3931) %, meaning that it generated substantial loss on money invested by shareholders. Electric Royalties' management efficiency ratios could be used to measure how well Electric Royalties manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.35 in 2024. Return On Capital Employed is likely to drop to -0.08 in 2024. At this time, Electric Royalties' Net Tangible Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 64.3 K in 2024, whereas Non Current Assets Total are likely to drop slightly above 11.1 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.14  0.13 
Tangible Book Value Per Share 0.14  0.13 
Enterprise Value Over EBITDA(21.94)(23.04)
Price Book Value Ratio 1.74  2.85 
Enterprise Value Multiple(21.94)(23.04)
Price Fair Value 1.74  2.85 
Enterprise Value27.4 M28.7 M
The analysis of Electric Royalties' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Electric Royalties' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Electric Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
(9.47)
Beta
0.614
Return On Assets
(0.04)
Return On Equity
(0.39)

Technical Drivers

As of the 22nd of June, Electric Royalties shows the Mean Deviation of 3.4, downside deviation of 6.76, and Coefficient Of Variation of 3624.11. Electric Royalties technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Electric Royalties coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Electric Royalties is priced favorably, providing market reflects its regular price of 0.23 per share.

Electric Royalties Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Electric Royalties middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Electric Royalties. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Electric Royalties Predictive Daily Indicators

Electric Royalties intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Electric Royalties stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Electric Royalties Forecast Models

Electric Royalties' time-series forecasting models are one of many Electric Royalties' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Electric Royalties' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Electric Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Electric Royalties prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Electric shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Electric Royalties. By using and applying Electric Stock analysis, traders can create a robust methodology for identifying Electric entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(32.30)(33.92)
Operating Profit Margin(7.03)(7.38)
Net Loss(32.56)(34.19)
Gross Profit Margin(1.57)(1.65)

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Electric Royalties to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Electric Stock Analysis

When running Electric Royalties' price analysis, check to measure Electric Royalties' 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 Electric Royalties is operating at the current time. Most of Electric Royalties' value examination focuses on studying past and present price action to predict the probability of Electric Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Royalties' price. Additionally, you may evaluate how the addition of Electric Royalties to your portfolios can decrease your overall portfolio volatility.