Athabasca Stock Today

AMI Stock  CAD 0.21  0.01  5.00%   
Market Performance
0 of 100
Odds Of Distress
Less than 22
Athabasca Minerals is selling for under 0.21 as of the 5th of February 2023; that is 5.00 percent up since the beginning of the trading day. The stock's lowest day price was 0.21. Athabasca Minerals has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Athabasca Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 5th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Basic Materials
ISIN
CA0468261031
Athabasca Minerals Inc. develops and supplies aggregates and industrial minerals in Canada. The company serves multi-national companies, governmental bodies, and small and private companies in infrastructure, construction, power generation, aggregates, forestry, and energy sectors. The company has 78.42 M outstanding shares of which 3.1 K shares are presently shorted by private and institutional investors with about 0.14 days to cover all short positions. More on Athabasca Minerals
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Athabasca Minerals 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. Athabasca Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Athabasca Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Athabasca Minerals' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Athabasca Minerals (AMI) is traded on TSX Venture Exchange in Canada and employs 27 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athabasca Minerals's market, we take the total number of its shares issued and multiply it by Athabasca Minerals'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. Athabasca Minerals classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 78.42 M outstanding shares of which 3.1 K shares are presently shorted by private and institutional investors with about 0.14 days to cover all short positions. Athabasca Minerals has accumulated about 1.56 M in cash with (1.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Athabasca Minerals Probability Of Bankruptcy
Ownership
Athabasca Minerals holds a total of seventy-eight million four hundred twenty-three thousand eight hundred outstanding shares. Athabasca Minerals retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

Check Athabasca Ownership Details

Athabasca Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Athabasca Minerals jumping above the current price in 90 days from now is about 63.14%. The Athabasca Minerals probability density function shows the probability of Athabasca Minerals stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Athabasca Minerals has a beta of -0.06. This suggests as returns on benchmark increase, returns on holding Athabasca Minerals are expected to decrease at a much lower rate. During the bear market, however, Athabasca Minerals is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Athabasca Minerals is significantly underperforming NYSE Composite.
  Odds Below 0.21HorizonTargetOdds Above 0.21
36.75%90 days
 0.21 
63.14%
Based on a normal probability distribution, the odds of Athabasca Minerals to move above the current price in 90 days from now is about 63.14 (This Athabasca Minerals probability density function shows the probability of Athabasca Stock to fall within a particular range of prices over 90 days) .

Athabasca Minerals Risk Profiles

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

Athabasca Stock Against Markets

Picking the right benchmark for Athabasca Minerals 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 Athabasca Minerals 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 Athabasca Minerals is critical whether you are bullish or bearish towards Athabasca Minerals at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Athabasca Minerals 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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Invested in Athabasca Minerals?

The danger of trading Athabasca Minerals 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 Athabasca Minerals 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 Athabasca Minerals. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Athabasca Minerals 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.
Please continue to Trending Equities. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Athabasca Minerals price analysis, check to measure Athabasca Minerals' 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 Athabasca Minerals is operating at the current time. Most of Athabasca Minerals' value examination focuses on studying past and present price action to predict the probability of Athabasca Minerals' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Athabasca Minerals' price. Additionally, you may evaluate how the addition of Athabasca Minerals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Athabasca Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine Athabasca Minerals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athabasca Minerals' 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.