Allegiant Stock Today

AUAU Stock  CAD 0.13  0.01  7.14%   

Market Performance

0 of 100

 
0
 
100

Odds Of Distress

Over 68

 
100  
 
0
Allegiant Gold is selling for under 0.13 as of the 2nd of October 2023; that is -7.14 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.13. Allegiant Gold has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Allegiant Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2023 and ending today, the 2nd of October 2023. Click here to learn more.
Allegiant Gold Ltd. operates as a gold exploration and development company. Allegiant Gold Ltd. was incorporated in 2017 and is headquartered in Vancouver, Canada. ALLEGIANT GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange. The company has 103.24 M outstanding shares of which 13.76 K shares are presently shorted by private and institutional investors with about 0.58 days to cover all short positions. More on Allegiant Gold

Moving against Allegiant Stock

-0.5WMTWalmart Inc CDRPairCorr
-0.41BRKBerkshire Hathaway CDRPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Allegiant 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. Allegiant Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allegiant Gold 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 Allegiant Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Allegiant Gold (AUAU) is traded on TSX Venture Exchange in Canada and employs 4 people. Allegiant Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 14.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allegiant Gold's market, we take the total number of its shares issued and multiply it by Allegiant Gold'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. Allegiant Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 103.24 M outstanding shares of which 13.76 K shares are presently shorted by private and institutional investors with about 0.58 days to cover all short positions. Allegiant Gold has accumulated about 1.05 M in cash with (974.56 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Allegiant Gold Probability Of Bankruptcy
Ownership
Allegiant Gold holds a total of one hundred three million two hundred thirty-nine thousand outstanding shares. Allegiant Gold 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's 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 Allegiant Ownership Details

Allegiant Gold Risk Profiles

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

Allegiant Stock Against Markets

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

Run Insider Screener Now

   

Insider Screener

Find insiders across different sectors to evaluate their impact on performance
All  Next Launch Module

Allegiant Gold Corporate Management

Elected by the shareholders, the Allegiant Gold's board of directors comprises two types of representatives: Allegiant Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allegiant. The board's role is to monitor Allegiant Gold's management team and ensure that shareholders' interests are well served. Allegiant Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allegiant Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Allegiant Stock?

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

The danger of trading Allegiant Gold 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 Allegiant Gold 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 Allegiant Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allegiant Gold 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegiant Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. Note that the Allegiant Gold information on this page should be used as a complementary analysis to other Allegiant Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Allegiant Stock analysis

When running Allegiant Gold's price analysis, check to measure Allegiant Gold'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 Allegiant Gold is operating at the current time. Most of Allegiant Gold's value examination focuses on studying past and present price action to predict the probability of Allegiant Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Gold's price. Additionally, you may evaluate how the addition of Allegiant Gold to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Fundamental Analysis
View fundamental data based on most recent published financial statements
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Please note, there is a significant difference between Allegiant Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegiant Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegiant Gold's 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.