Eastfield Resources Stock Today
| ETFLF Stock | USD 0.019 0.0002 1.06% |
|
|
Eastfield Resources is trading at 0.019 as of the 4th of December 2023. This is a 1.06 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0138. Eastfield Resources has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Eastfield Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of September 2023 and ending today, the 4th of December 2023. Click here to learn more.
Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. Eastfield Resources Ltd. was founded in 1986 and is headquartered in Vancouver, Canada. Eastfield Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 55.56 M outstanding shares. More on Eastfield Resources
Moving against Eastfield Pink Sheet
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Eastfield Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastfield Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastfield Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | James Morton |
| 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 Eastfield Resources' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued | |
Eastfield Resources [ETFLF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastfield Resources's market, we take the total number of its shares issued and multiply it by Eastfield 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. Eastfield Resources classifies itself under Basic Materials sector and is part of Other Precious Metals & Mining industry. The entity has 55.56 M outstanding shares.
Eastfield Resources has accumulated about 68.65 K in cash with (127.22 K) of positive cash flow from operations.
Check Eastfield Resources Probability Of Bankruptcy
OwnershipEastfield Resources retains a total of 55.56 Million outstanding shares. Eastfield Resources shows 5.55 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. 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 Eastfield Ownership DetailsEastfield Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Eastfield Resources jumping above the current price in 90 days from now is about 64.0%. The Eastfield Resources probability density function shows the probability of Eastfield Resources pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.0365 suggesting Eastfield Resources market returns are reactive to returns on the market. As the market goes up or down, Eastfield Resources is expected to follow. Additionally, the company has an alpha of 0.5076, implying that it can generate a 0.51 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Eastfield Resources to move above the current price in 90 days from now is about 64.0 (This Eastfield Resources probability density function shows the probability of Eastfield Pink Sheet to fall within a particular range of prices over 90 days) .
Eastfield Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eastfield Resources market risk premium is the additional return an investor will receive from holding Eastfield 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 Eastfield 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 Eastfield Resources' alpha and beta are two of the key measurements used to evaluate Eastfield Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.9 | |||
| Semi Deviation | 9.34 | |||
| Standard Deviation | 12.12 | |||
| Variance | 146.8 |
Eastfield Stock Against Markets
Picking the right benchmark for Eastfield Resources pink sheet 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 Eastfield Resources pink sheet 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 Eastfield Resources is critical whether you are bullish or bearish towards Eastfield Resources at a given time. Please also check how Eastfield 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 Eastfield 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.Did you try this?
Run Portfolio Rebalancing Now
Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Eastfield Resources Corporate Directors
Eastfield Resources corporate directors refer to members of an Eastfield Resources board of directors. The board of directors generally takes responsibility for the Eastfield Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Eastfield Resources' board members must vote for the resolution. The Eastfield Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Donald Sharp | CFO, Director | Profile | |
| Paul Way | Business Development Manager, Director | Profile | |
| Alan Scott | Independent Director | Profile | |
| Edmund Kimura | Independent Director | Profile |
How to buy Eastfield Pink Sheet?
Before investing in Eastfield 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 Eastfield Resources. To buy Eastfield Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Eastfield 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 Eastfield Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Eastfield 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 Eastfield 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 Eastfield 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 Eastfield Resources?
The danger of trading Eastfield 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 Eastfield 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 Eastfield Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eastfield 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Eastfield Pink Sheet analysis
When running Eastfield Resources' price analysis, check to measure Eastfield 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |