K2 Gold Stock Today

KTO Stock  CAD 0.11  0.01  15.79%   

Performance

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Odds Of Distress

Over 63

 
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K2 Gold is selling for under 0.11 as of the 18th of June 2024; that is 15.79 percent increase since the beginning of the trading day. The stock's lowest day price was 0.09. K2 Gold has more than 63 % 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 K2 Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of June 2022 and ending today, the 18th of June 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
K2 Gold Corporation, an exploration stage company, acquires, explores for, and evaluates gold exploration projects in Canada and the United States. K2 Gold Corporation was incorporated in 2011 and is headquartered in Vancouver, Canada. K2 GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 108.51 M outstanding shares of which 3.79 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. More on K2 Gold

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KTO 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. K2 Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding K2 Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOAnthony PGeo
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
K2 Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to K2 Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
K2 Gold can leverage 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 K2 Gold's financial leverage. It provides some insight into what part of K2 Gold's total assets is financed by creditors.
Liquidity
K2 Gold 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. K2 Gold has accumulated 40 K in total debt. K2 Gold has a current ratio of 12.76, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist K2 Gold until it has trouble settling it off, either with new capital or with free cash flow. So, K2 Gold's 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 K2 Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KTO to invest in growth at high rates of return. When we think about K2 Gold's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

3.22 Million
K2 Gold (KTO) is traded on TSX Venture Exchange in Canada and employs 4 people. K2 Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate K2 Gold's market, we take the total number of its shares issued and multiply it by K2 Gold'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. K2 Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 108.51 M outstanding shares of which 3.79 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. K2 Gold has accumulated about 485.99 K in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check K2 Gold Probability Of Bankruptcy
Ownership Allocation
K2 Gold shows a total of 108.51 Million outstanding shares. K2 Gold owns 7.53 % of its outstanding shares held by insiders and 0.0 % owned by institutions. 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 KTO Ownership Details

K2 Gold Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. K2 Gold market risk premium is the additional return an investor will receive from holding K2 Gold 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 K2 Gold. 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 K2 Gold's alpha and beta are two of the key measurements used to evaluate K2 Gold's performance over the market, the standard measures of volatility play an important role as well.

KTO Stock Against Markets

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Additional Tools for KTO Stock Analysis

When running K2 Gold's price analysis, check to measure K2 Gold's 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 K2 Gold is operating at the current time. Most of K2 Gold's value examination focuses on studying past and present price action to predict the probability of K2 Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move K2 Gold's price. Additionally, you may evaluate how the addition of K2 Gold to your portfolios can decrease your overall portfolio volatility.