Newport Exploration Stock Today
| NWX Stock | CAD 0.12 0.01 7.69% |
Performance0 of 100
| Odds Of DistressLess than 24
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Newport Exploration is selling for under 0.12 as of the 31st of August 2024; that is 7.69% down since the beginning of the trading day. The stock's lowest day price was 0.12. Newport Exploration has about a 24 % 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 2nd of June 2024 and ending today, the 31st of August 2024. Click here to learn more.
Business Domain Materials | Category 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 11.93 K shares are now shorted by private and institutional investors with about 0.0 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 Concentration | Diversified 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. | |||||
Debt LevelsNewport 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.
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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 12.67 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 11.93 K shares are now shorted by private and institutional investors with about 0.0 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.
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Ownership AllocationNewport 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.
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Newport Exploration Risk Profiles
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.
| Mean Deviation | 4.3 | |||
| Standard Deviation | 6.54 | |||
| Variance | 42.77 | |||
| Risk Adjusted Performance | (0.01) |
Newport Stock Against Markets
| NWX | 7.69 |
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Additional Tools for Newport Stock Analysis
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.