Bitterroot Resources Stock Today

BTT Stock  CAD 0.02  0.00  0.00%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
Bitterroot Resources is selling for under 0.02 as of the 27th of May 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. Bitterroot Resources has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Bitterroot Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2024 and ending today, the 27th of May 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in Canada and the United States. Bitterroot Resources Ltd. was incorporated in 1951 and is headquartered in West Vancouver, Canada. The company has 93.68 M outstanding shares of which 7.51 K shares are currently shorted by private and institutional investors with about 1.25 days to cover all short positions. More on Bitterroot Resources

Bitterroot 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. Bitterroot Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bitterroot Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMichael Carr
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Bitterroot Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bitterroot Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bitterroot Resources' financial leverage. It provides some insight into what part of Bitterroot Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Bitterroot Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Bitterroot Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Bitterroot Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 96.83 K in total debt with debt to equity ratio (D/E) of 5.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Bitterroot Resources has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bitterroot Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Bitterroot Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bitterroot Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitterroot to invest in growth at high rates of return. When we think about Bitterroot Resources' use of debt, we should always consider it together with cash and equity.

Net Income

(342,009)
Bitterroot Resources (BTT) is traded on TSX Venture Exchange in Canada and employs 2 people. Bitterroot Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bitterroot Resources's market, we take the total number of its shares issued and multiply it by Bitterroot Resources'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. Bitterroot Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 93.68 M outstanding shares of which 7.51 K shares are currently shorted by private and institutional investors with about 1.25 days to cover all short positions. Bitterroot Resources has accumulated about 100.06 K in cash with (63.61 K) of positive cash flow from operations.
Check Bitterroot Resources Probability Of Bankruptcy
Ownership Allocation
Bitterroot Resources holds a total of 93.68 Million outstanding shares. Bitterroot Resources 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 many 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.
Check Bitterroot Ownership Details

Bitterroot Resources Risk Profiles

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

Bitterroot Stock Against Markets

Picking the right benchmark for Bitterroot Resources 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 Bitterroot Resources 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 Bitterroot Resources is critical whether you are bullish or bearish towards Bitterroot Resources at a given time. Please also check how Bitterroot Resources' 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 Bitterroot Resources 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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How to buy Bitterroot Stock?

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

The danger of trading Bitterroot Resources 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 Bitterroot Resources 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 Bitterroot Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bitterroot Resources 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 Bitterroot Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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