Palladium One Mining Stock Today

PDM Stock  CAD 0.04  0.01  12.50%   

Performance

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Odds Of Distress

Over 67

 
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Palladium One is selling for under 0.035 as of the 28th of March 2024; that is -12.5% down since the beginning of the trading day. The stock's lowest day price was 0.035. Palladium One has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Palladium One Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Palladium One Mining Inc. explores for and develops mineral resource properties in Canada. Palladium One Mining Inc. is headquartered in Vancouver, Canada. PALLADIUM ONE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. The company has 359.35 M outstanding shares of which 80.33 K shares are at this time shorted by private and institutional investors with about 0.35 days to cover all short positions. More on Palladium One Mining

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Palladium 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. Palladium One's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Palladium One or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODerrick Weyrauch
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Palladium One's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Palladium One'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 Palladium One's financial leverage. It provides some insight into what part of Palladium One's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Palladium One'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 Palladium One deploys its capital and how much of that capital is borrowed.
Liquidity
Palladium One 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 55.5 K in total debt. Palladium One Mining has a current ratio of 0.2, 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 Palladium One until it has trouble settling it off, either with new capital or with free cash flow. So, Palladium One'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 Palladium One Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Palladium to invest in growth at high rates of return. When we think about Palladium One's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

6.65 Million
Palladium One Mining (PDM) is traded on TSX Venture Exchange in Canada and employs 5 people. Palladium One 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 17.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Palladium One's market, we take the total number of its shares issued and multiply it by Palladium One'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. Palladium One Mining classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 359.35 M outstanding shares of which 80.33 K shares are at this time shorted by private and institutional investors with about 0.35 days to cover all short positions. Palladium One Mining has accumulated about 51.41 K in cash with (8.73 M) of positive cash flow from operations.
Check Palladium One Probability Of Bankruptcy
Ownership Allocation
Palladium One owns a total of 359.35 Million outstanding shares. Palladium One holds 14.92 pct. of its outstanding shares held by insiders and 0.21 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Palladium Ownership Details

Palladium Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Palladium One jumping above the current price in 90 days from now is about 99.0%. The Palladium One Mining probability density function shows the probability of Palladium One stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Palladium One Mining has a beta of -1.5609 indicating as returns on its benchmark rise, returns on holding Palladium One Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Palladium One is expected to outperform its benchmark. Additionally, palladium One Mining has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.035HorizonTargetOdds Above 0.035
1.29%90 days
 0.04 
98.70%
Based on a normal probability distribution, the odds of Palladium One to move above the current price in 90 days from now is about 99.0 (This Palladium One Mining probability density function shows the probability of Palladium Stock to fall within a particular range of prices over 90 days) .

Palladium One Mining Risk Profiles

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

Palladium Stock Against Markets

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

Palladium One corporate directors refer to members of a Palladium One board of directors. The board of directors generally takes responsibility for the Palladium One's 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 Palladium One's board members must vote for the resolution. The Palladium One board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Palladium Stock?

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

The danger of trading Palladium One Mining 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 Palladium One 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 Palladium One. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Palladium One Mining 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladium One Mining. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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