Ressources Minieres Radisson Stock Today
RDS Stock | CAD 0.21 0.01 4.55% |
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Ressources Minieres is selling for under 0.21 as of the 7th of December 2023; that is -4.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.2. Ressources Minieres has over 59 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Ressources Minieres Radisson are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of November 2023 and ending today, the 7th of December 2023. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Radisson Mining Resources Inc., an exploration company, engages in the acquisition, exploration, and development of mining properties in Canada. Radisson Mining Resources Inc. was founded in 1983 and is headquartered in Rouyn-Noranda, Canada. Radisson Mining operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 319.56 M outstanding shares of which 121.96 K shares are at this time shorted by private and institutional investors with about 1.56 days to cover all short positions. More on Ressources Minieres Radisson
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Ressources 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. Ressources Minieres' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ressources Minieres or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, CEO and Pres | Mario Bouchard |
Business Concentration | Metals & Mining, Materials, Basic Materials (View all Sectors) |
Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Ressources Minieres' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued |
Ressources Minieres Radisson (RDS) is traded on TSX Venture Exchange in Canada and employs 16 people. Ressources Minieres is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 68.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ressources Minieres's market, we take the total number of its shares issued and multiply it by Ressources Minieres'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. Ressources Minieres classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 319.56 M outstanding shares of which 121.96 K shares are at this time shorted by private and institutional investors with about 1.56 days to cover all short positions.
Ressources Minieres Radisson has accumulated about 727.21 K in cash with (1.32 M) of positive cash flow from operations.
Check Ressources Minieres Probability Of Bankruptcy
OwnershipRessources Minieres has a total of 319.56 Million outstanding shares. Ressources Minieres holds 12.95 pct. of its outstanding shares held by insiders and 4.95299999999999 pct. owned by third-party entities. 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.
Ownership Allocation
Check Ressources Ownership DetailsRessources Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Ressources Minieres jumping above the current price in 90 days from now is about 12.11%. The Ressources Minieres Radisson probability density function shows the probability of Ressources Minieres stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ressources Minieres Radisson has a beta of -0.5265 indicating as returns on benchmark increase, returns on holding Ressources Minieres are expected to decrease at a much lower rate. During the bear market, however, Ressources Minieres Radisson is likely to outperform the market. Additionally, the company has an alpha of 0.4259, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ressources Minieres to move above the current price in 90 days from now is about 12.11 (This Ressources Minieres Radisson probability density function shows the probability of Ressources Stock to fall within a particular range of prices over 90 days) .
Ressources Minieres Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ressources Minieres market risk premium is the additional return an investor will receive from holding Ressources Minieres 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 Ressources Minieres. 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 Ressources Minieres' alpha and beta are two of the key measurements used to evaluate Ressources Minieres' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.76 | |||
Semi Deviation | 3.06 | |||
Standard Deviation | 4.84 | |||
Variance | 23.46 |
Ressources Stock Against Markets
Picking the right benchmark for Ressources Minieres 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 Ressources Minieres 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 Ressources Minieres is critical whether you are bullish or bearish towards Ressources Minieres Radisson at a given time. Please also check how Ressources Minieres' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Ressources Minieres 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.Did you try this?
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Ressources Minieres Corporate Directors
Ressources Minieres corporate directors refer to members of a Ressources Minieres board of directors. The board of directors generally takes responsibility for the Ressources Minieres' 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 Ressources Minieres' board members must vote for the resolution. The Ressources Minieres board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Rejean Gourde | Director | Profile | |
Denis Lachance | Independent Director | Profile | |
Jean Dion | Director | Profile | |
Denis Bois | Director | Profile |
How to buy Ressources Stock?
Before investing in Ressources Minieres, 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 Ressources Minieres. To buy Ressources Minieres stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ressources Minieres. 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 Ressources Minieres stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ressources Minieres Radisson 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 Ressources Minieres Radisson 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 Ressources Minieres Radisson, 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 Ressources Minieres Radisson?
The danger of trading Ressources Minieres Radisson 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 Ressources Minieres 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 Ressources Minieres. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ressources Minieres 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 Ressources Minieres Radisson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Ressources Stock analysis
When running Ressources Minieres' price analysis, check to measure Ressources Minieres' 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 Ressources Minieres is operating at the current time. Most of Ressources Minieres' value examination focuses on studying past and present price action to predict the probability of Ressources Minieres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ressources Minieres' price. Additionally, you may evaluate how the addition of Ressources Minieres to your portfolios can decrease your overall portfolio volatility.
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