Newport Exploration Stock Today

NWX Stock  CAD 0.14  0.01  6.67%   


0 of 100

Very Weak

Odds Of Distress

Less than 23

Newport Exploration is selling for under 0.14 as of the 18th of June 2024; that is -6.67 percent down since the beginning of the trading day. The stock's lowest day price was 0.14. Newport Exploration has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Newport Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of May 2024 and ending today, the 18th of June 2024. Click here to learn more.
Business Domain
Basic Materials
Newport Exploration Ltd., an exploration stage company, engages in the acquisition and exploration of resource properties in Canada. The company was incorporated in 1979 and is headquartered in Vancouver, Canada. NEWPORT EXLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 105.58 M outstanding shares of which 5.97 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Newport Exploration

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Newport 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. Newport Exploration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newport Exploration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Newport Exploration's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Newport Exploration's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Newport Exploration 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 Newport Exploration's financial leverage. It provides some insight into what part of Newport Exploration's total assets is financed by creditors.
Newport Exploration 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. Newport Exploration has accumulated 124.69 K in total debt. Newport Exploration has a current ratio of 19.18, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Newport Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Newport Exploration'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 Newport Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newport to invest in growth at high rates of return. When we think about Newport Exploration's use of debt, we should always consider it together with cash and equity.

Net Income

3.12 Million
Newport Exploration (NWX) is traded on TSX Venture Exchange in Canada and employs 3 people. Newport Exploration is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.31 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newport Exploration's market, we take the total number of its shares issued and multiply it by Newport Exploration'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. Newport Exploration classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 105.58 M outstanding shares of which 5.97 K shares are now shorted by private and institutional investors with about 0.09 days to cover all short positions. Newport Exploration has accumulated about 6.73 M in cash with 4.82 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Newport Exploration Probability Of Bankruptcy
Ownership Allocation
Newport Exploration maintains a total of 105.58 Million outstanding shares. Newport Exploration 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. 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 Newport Ownership Details

Newport Exploration Risk Profiles

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

Newport Stock Against Markets

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