Lucky Minerals Stock Today

LKY Stock  CAD 0.01  0.00  0.00%   

Performance

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Odds Of Distress

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Lucky Minerals is selling for under 0.005 as of the 23rd of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.005. Lucky Minerals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Lucky Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Lucky Minerals Inc. engages in the acquisition, exploration, and evaluation of mineral properties. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. LUCKY MINERALS operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 202.25 M outstanding shares of which 6 shares are now shorted by private and institutional investors with about 0.07 days to cover all short positions. More on Lucky Minerals

Lucky 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. Lucky Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lucky Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardFrancois Perron
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Lucky Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lucky Minerals' 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 Lucky Minerals' financial leverage. It provides some insight into what part of Lucky Minerals' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Lucky Minerals' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Lucky Minerals deploys its capital and how much of that capital is borrowed.
Liquidity
Lucky Minerals 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 1.54 M in total debt with debt to equity ratio (D/E) of 0.44, which is about average as compared to similar companies. Lucky Minerals has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Lucky Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Lucky Minerals' 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 Lucky Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lucky to invest in growth at high rates of return. When we think about Lucky Minerals' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

779,015
Lucky Minerals (LKY) is traded on TSX Venture Exchange in Canada and employs 16 people. Lucky Minerals is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lucky Minerals's market, we take the total number of its shares issued and multiply it by Lucky Minerals'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. Lucky Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 202.25 M outstanding shares of which 6 shares are now shorted by private and institutional investors with about 0.07 days to cover all short positions. Lucky Minerals has accumulated about 89.64 K in cash with (1.76 M) of positive cash flow from operations.
Check Lucky Minerals Probability Of Bankruptcy
Ownership Allocation
Lucky Minerals maintains a total of 202.25 Million outstanding shares. Lucky Minerals secures 19.8 % of its outstanding shares held by insiders and 2.73 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lucky Ownership Details

Lucky Stock Against Markets

Picking the right benchmark for Lucky Minerals 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 Lucky Minerals 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 Lucky Minerals is critical whether you are bullish or bearish towards Lucky Minerals at a given time. Please also check how Lucky Minerals' 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 Lucky Minerals 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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Lucky Minerals Corporate Directors

Lucky Minerals corporate directors refer to members of a Lucky Minerals board of directors. The board of directors generally takes responsibility for the Lucky Minerals' 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 Lucky Minerals' board members must vote for the resolution. The Lucky Minerals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Francis AkpataDirectorProfile
Stuart GreeneDirectorProfile
Robert BryceIndependent DirectorProfile
Navchand JagpalIndependent DirectorProfile

How to buy Lucky Stock?

Before investing in Lucky Minerals, 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 Lucky Minerals. To buy Lucky Minerals stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lucky Minerals. 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 Lucky Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Lucky Minerals 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 Lucky Minerals 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 Lucky Minerals, 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 Lucky Minerals?

The danger of trading Lucky Minerals 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 Lucky Minerals 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 Lucky Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lucky Minerals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucky Minerals. 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.
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When running Lucky Minerals' price analysis, check to measure Lucky Minerals' 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 Lucky Minerals is operating at the current time. Most of Lucky Minerals' value examination focuses on studying past and present price action to predict the probability of Lucky Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucky Minerals' price. Additionally, you may evaluate how the addition of Lucky Minerals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lucky Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lucky Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lucky Minerals' 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.