Electric Stock Today

ELEC Stock  CAD 0.36  0.01  2.86%   
Market Performance
12 of 100
Odds Of Distress
Less than 32
Electric Royalties is selling for under 0.36 as of the 29th of January 2023; that is 2.86 percent increase since the beginning of the trading day. The stock's lowest day price was 0.35. Electric Royalties has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Electric Royalties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2021 and ending today, the 29th of January 2023. Click here to learn more.
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.. The company has 93.6 M outstanding shares of which 47.74 K shares are currently shorted by private and institutional investors with about 0.63 days to cover all short positions. More on Electric Royalties

Moving together with Electric Royalties

+0.77TECK-BTeck ResourcesPairCorr
+0.68FILFilo Mining CorpPairCorr
Follow Valuation Odds of Bankruptcy
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Electric Royalties 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. Electric Royalties' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Electric Royalties 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 Electric Royalties' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyOvervalued
Electric Royalties (ELEC) is traded on TSX Venture Exchange in Canada and employs 1 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 33.7 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 Royalties operates under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 93.6 M outstanding shares of which 47.74 K shares are currently shorted by private and institutional investors with about 0.63 days to cover all short positions. Electric Royalties has accumulated about 2.4 M in cash with (1.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
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Electric Royalties holds a total of ninety-three million six hundred one thousand five hundred four outstanding shares. Electric Royalties 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

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Electric Royalties Risk Profiles

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

Electric Stock Against Markets

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Electric Royalties 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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Electric Royalties Corporate Management

Elected by the shareholders, the Electric Royalties' board of directors comprises two types of representatives: Electric Royalties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electric. The board's role is to monitor Electric Royalties' management team and ensure that shareholders' interests are well served. Electric Royalties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electric Royalties' outside directors are responsible for providing unbiased perspectives on the board's policies.
CGA CPA - Chief OfficerProfile
CA CA - CoFounder ChairmanProfile
Brendan Yurik - President, CoFounderProfile
CGP CCS - Co SecProfile

Invested in Electric Royalties?

The danger of trading Electric Royalties 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 Electric Royalties 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 Electric Royalties. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Electric Royalties 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 Investing Opportunities. Note that the Electric Royalties information on this page should be used as a complementary analysis to other Electric Royalties' 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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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 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.
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Please note, there is a significant difference between Electric Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine Electric Royalties value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electric Royalties' 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.