North Arrow Minerals Stock Today

NAR Stock  CAD 0.03  0.01  16.67%   


0 of 100

Very Weak

Odds Of Distress

Over 59

Above Average
North Arrow is selling for under 0.025 as of the 24th of May 2024; that is -16.67 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.025. North Arrow has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for North Arrow Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of May 2024. Click here to learn more.
Business Domain
Basic Materials
North Arrow Minerals Inc. engages in the acquisition and exploration of diamond properties in Canada. It also owns a 100 percent interest in ORO gold property located in the Hope Bay Volcanic Belt in Nunavut. NORTH ARROW operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 175.8 M outstanding shares of which 2.99 K shares are now shorted by private and institutional investors with about 0.15 days to cover all short positions. More on North Arrow Minerals

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North 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. North Arrow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding North Arrow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentKenneth PGeo
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
North Arrow's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to North Arrow's 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 North Arrow's financial leverage. It provides some insight into what part of North Arrow's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on North Arrow's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how North Arrow deploys its capital and how much of that capital is borrowed.
North Arrow 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 593.53 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. North Arrow Minerals has a current ratio of 0.97, 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 North Arrow until it has trouble settling it off, either with new capital or with free cash flow. So, North Arrow'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 North Arrow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Arrow's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

1.28 Million
North Arrow Minerals (NAR) is traded on TSX Venture Exchange in Canada and employs 4 people. North Arrow 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 4.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate North Arrow's market, we take the total number of its shares issued and multiply it by North Arrow'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. North Arrow Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 175.8 M outstanding shares of which 2.99 K shares are now shorted by private and institutional investors with about 0.15 days to cover all short positions. North Arrow Minerals has accumulated about 2.39 M in cash with (548.45 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership Allocation
North Arrow Minerals holds a total of 175.8 Million outstanding shares. North Arrow Minerals 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 North Ownership Details

North Arrow Minerals Risk Profiles

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

North Stock Against Markets

Picking the right benchmark for North Arrow 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 North Arrow 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 North Arrow is critical whether you are bullish or bearish towards North Arrow Minerals at a given time. Please also check how North Arrow's 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 North Arrow 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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How to buy North Stock?

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

The danger of trading North Arrow 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 North Arrow 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 North Arrow. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile North Arrow 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 North Arrow 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.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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