Electric Royalties Stock Today

ELEC Stock  CAD 0.20  0.01  4.76%   

Performance

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Odds Of Distress

Over 68

 
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Electric Royalties is selling for under 0.2 as of the 27th of May 2024; that is -4.76 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.2. Electric Royalties 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 Electric Royalties 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
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 98.85 M outstanding shares of which 16.98 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Electric Royalties

Electric 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.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Electric Royalties' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Electric Royalties' 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 Electric Royalties' financial leverage. It provides some insight into what part of Electric Royalties' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Electric Royalties' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Electric Royalties deploys its capital and how much of that capital is borrowed.
Liquidity
Electric Royalties 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 25.32 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Electric Royalties has a current ratio of 14.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Electric Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Electric Royalties' 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 Electric Royalties sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electric to invest in growth at high rates of return. When we think about Electric Royalties' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(1.45 Million)
Electric Royalties (ELEC) is traded on TSX Venture Exchange in Canada and employs 5 people. Electric Royalties is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.77 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 Metals & Mining sector and is part of Materials industry. The entity has 98.85 M outstanding shares of which 16.98 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. Electric Royalties has accumulated about 2.4 M in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Electric Royalties Probability Of Bankruptcy
Ownership Allocation
Electric Royalties retains a total of 98.85 Million 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'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. 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.
Check Electric Ownership Details

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. Please also check how Electric Royalties' 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 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.
PGeo GeologyChief GeoScientistProfile
CGA CPAChief OfficerProfile
CA CACoFounder ChairmanProfile
Brendan YurikPresident, CoFounderProfile
CGP CCSCorporate SecretaryProfile

How to buy Electric Stock?

Before investing in Electric Royalties, 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 Electric Royalties. To buy Electric Royalties stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Electric Royalties. 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 Electric Royalties stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Electric Royalties 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 Electric Royalties 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 Electric Royalties, 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 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 Sharpe 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Royalties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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 the 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 if Electric Royalties is a good investment 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.