Bitterroot Stock Today

BTT Stock  CAD 0.05  0.01  25.00%   
Market Performance
0 of 100
Odds Of Distress
Less than 22
Bitterroot Resources is selling for under 0.05 as of the 6th of February 2023; that is 25.00 percent up since the beginning of the trading day. The stock's lowest day price was 0.045. Bitterroot Resources 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 Bitterroot Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of February 2021 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
October
Category
Basic Materials
ISIN
CA0919012074
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 88.58 M outstanding shares of which 31.21 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions. More on Bitterroot Resources

Moving against Bitterroot Resources

-0.67GGDGoGold Resources Earnings Call TomorrowPairCorr
Follow Valuation Odds of Bankruptcy
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Bitterroot Resources 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
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 Bitterroot Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Bitterroot Resources (BTT) is traded on TSX Venture Exchange in Canada and employs 5 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.43 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 Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 88.58 M outstanding shares of which 31.21 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions. Bitterroot Resources has accumulated about 100.06 K in cash with (470.11 K) of positive cash flow from operations.
Check Bitterroot Resources Probability Of Bankruptcy
Ownership
Bitterroot Resources retains a total of 88.58 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 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Bitterroot Ownership Details

Bitterroot Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Bitterroot Resources jumping above the current price in 90 days from now is about 11.99%. The Bitterroot Resources probability density function shows the probability of Bitterroot Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Bitterroot Resources has a beta of -0.5466 suggesting as returns on benchmark increase, returns on holding Bitterroot Resources are expected to decrease at a much lower rate. During the bear market, however, Bitterroot Resources is likely to outperform the market. Additionally, the company has an alpha of 0.3332, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.05HorizonTargetOdds Above 0.05
87.94%90 days
 0.05 
11.99%
Based on a normal probability distribution, the odds of Bitterroot Resources to move above the current price in 90 days from now is about 11.99 (This Bitterroot Resources probability density function shows the probability of Bitterroot Stock to fall within a particular range of prices over 90 days) .

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.

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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Bitterroot Resources Corporate Executives

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

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 Shape 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.
Continue to Trending Equities. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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 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 Bitterroot Resources value 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.