Morien Resources Corp Stock Today

MOX Stock  CAD 0.41  0.01  2.50%   


2 of 100


Odds Of Distress

Over 84

Very High
Morien Resources is selling for under 0.41 as of the 13th of April 2024; that is 2.50% increase since the beginning of the trading day. The stock's lowest day price was 0.41. Morien Resources has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Morien Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of March 2024 and ending today, the 13th of April 2024. Click here to learn more.
Business Domain
Morien Resources Corp., a mining development company, engages in the identification and purchase of mineral properties in Canada. The company was incorporated in 2012 and is headquartered in Dartmouth, Canada. MORIEN RESOURCES operates under Coal classification in Canada and is traded on TSX Venture Exchange.. The company has 51.29 M outstanding shares of which 9.74 K shares are now shorted by private and institutional investors with about 0.7 days to cover all short positions. More on Morien Resources Corp

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Morien 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. Morien Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Morien Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorJohn Budreski
Business ConcentrationOil, Gas & Consumable Fuels, Thermal Coal, Energy, Energy, Oil, Gas & Consumable Fuels, Coal, Basic Materials (View all Sectors)
Morien Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Morien Resources' 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 Morien Resources' financial leverage. It provides some insight into what part of Morien Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Morien Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Morien Resources deploys its capital and how much of that capital is borrowed.
Morien Resources 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. Debt To Equity is likely to drop to 0.01 in 2024The company has a current ratio of 10.05, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Morien Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Morien Resources' 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 Morien Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Morien to invest in growth at high rates of return. When we think about Morien Resources' use of debt, we should always consider it together with cash and equity.

Change To Netincome

Morien Resources Corp (MOX) is traded on TSX Venture Exchange in Canada and employs 13 people. Morien Resources is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 21.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Morien Resources's market, we take the total number of its shares issued and multiply it by Morien 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. Morien Resources Corp classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 51.29 M outstanding shares of which 9.74 K shares are now shorted by private and institutional investors with about 0.7 days to cover all short positions. Morien Resources Corp has accumulated about 2.96 M in cash with 391.06 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Morien Resources Probability Of Bankruptcy
Ownership Allocation
Morien Resources Corp holds a total of 51.29 Million outstanding shares. Morien Resources Corp holds 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 Morien Ownership Details

Morien Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Morien Resources jumping above the current price in 90 days from now is about 88.14%. The Morien Resources Corp probability density function shows the probability of Morien Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Morien Resources Corp has a beta of -0.3001. This indicates as returns on the benchmark increase, returns on holding Morien Resources are expected to decrease at a much lower rate. During a bear market, however, Morien Resources Corp is likely to outperform the market. Additionally, morien Resources Corp has an alpha of 0.0071, implying that it can generate a 0.007149 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.41HorizonTargetOdds Above 0.41
11.82%90 days
Based on a normal probability distribution, the odds of Morien Resources to move above the current price in 90 days from now is about 88.14 (This Morien Resources Corp probability density function shows the probability of Morien Stock to fall within a particular range of prices over 90 days) .

Morien Resources Corp Risk Profiles

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

Morien Stock Against Markets

Picking the right benchmark for Morien Resources 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 Morien Resources 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 Morien Resources is critical whether you are bullish or bearish towards Morien Resources Corp at a given time. Please also check how Morien 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 Morien 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.

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Morien Resources Corporate Executives

Elected by the shareholders, the Morien Resources' board of directors comprises two types of representatives: Morien Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Morien. The board's role is to monitor Morien Resources' management team and ensure that shareholders' interests are well served. Morien Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Morien Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Morien Stock?

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

The danger of trading Morien Resources Corp 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 Morien 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 Morien Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Morien Resources Corp 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 Morien Resources Corp. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Morien Resources' price analysis, check to measure Morien 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 Morien Resources is operating at the current time. Most of Morien Resources' value examination focuses on studying past and present price action to predict the probability of Morien Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morien Resources' price. Additionally, you may evaluate how the addition of Morien Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Morien Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Morien Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morien Resources' 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.