METEORIC RESOURCES (Germany) Today

RNF -  Germany Stock  

EUR 0.025  0.0165  39.76%

METEORIC RESOURCES is trading at 0.025 as of the 24th of July 2021, a -39.76 percent down since the beginning of the trading day. The stock's lowest day price was 0.025. METEORIC RESOURCES has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for METEORIC RESOURCES N are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Distress
Over 77
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

METEORIC RESOURCES Stock Profile

Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. Meteoric Resources NL is was incorporated in 2004 and is based in West Perth, Australia. METEORIC RESOURCES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. more on METEORIC RESOURCES
METEORIC RESOURCES has very high historical volatility over the last 90 days
METEORIC RESOURCES has some characteristics of a very speculative penny stock
METEORIC RESOURCES has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (7.38 M) with profit before overhead, payroll, taxes, and interest of 17 K.
METEORIC RESOURCES N has accumulated about 6.35 M in cash with (6.53 M) of positive cash flow from operations.
Roughly 23.0% of the company outstanding shares are owned by corporate insiders
Legal NameMETEORIC RESOURCES N
ChairmanPatrick Burke  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 METEORIC RESOURCES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
METEORIC RESOURCES N (RNF) is traded on Frankfurt Stock Exchange in Germany and employs 4 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 42.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate METEORIC RESOURCES's market, we take the total number of its shares issued and multiply it by METEORIC RESOURCES'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 these looking for more risk prefer small-cap and mid-cap equities. METEORIC RESOURCES classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 1.31 B outstanding shares. METEORIC RESOURCES N has accumulated about 6.35 M in cash with (6.53 M) of positive cash flow from operations.
Check METEORIC RESOURCES Probability Of Bankruptcy
Ownership
METEORIC RESOURCES maintains a total of one billion three hundred ten million outstanding shares. METEORIC RESOURCES N holds noticeable 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 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 much 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.

Ownership Allocation (%)

Check METEORIC Ownership Details

METEORIC Stock Price Odds Analysis

What are METEORIC RESOURCES's target price odds to finish over the current price? Based on a normal probability distribution, the odds of METEORIC RESOURCES jumping above the current price in 90 days from now is about 86.34%. The METEORIC RESOURCES N probability density function shows the probability of METEORIC RESOURCES stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon METEORIC RESOURCES has a beta of 0.0348 indicating as returns on the market go up, METEORIC RESOURCES average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding METEORIC RESOURCES N will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. METEORIC RESOURCES is significantly underperforming DOW.
 Odds Down 0.025HorizonTargetOdds Up 0.025 
13.61%90 days
 0.025 
86.34%
Based on a normal probability distribution, the odds of METEORIC RESOURCES to move above the current price in 90 days from now is about 86.34 (This METEORIC RESOURCES N probability density function shows the probability of METEORIC Stock to fall within a particular range of prices over 90 days) .

METEORIC RESOURCES Risk Profiles

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

METEORIC Stock Against Markets

Picking the right benchmark for METEORIC RESOURCES 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 METEORIC RESOURCES 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 METEORIC RESOURCES is critical whether you are bullish or bearish towards METEORIC RESOURCES N at a given time.

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Our tools can tell you how much better you can do entering a position in METEORIC RESOURCES without increasing your portfolio risk or giving up 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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METEORIC RESOURCES Corporate Directors

METEORIC RESOURCES corporate directors refer to members of a METEORIC RESOURCES board of directors. The board of directors generally takes responsibility for the METEORIC RESOURCES'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 METEORIC RESOURCES's board members must vote for the resolution. The METEORIC RESOURCES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew Tunks - DirectorProfile
Graeme Clatworthy - Executive DirectorProfile
George Sakalidis - Non Executive Technical DirectorProfile
Shastri Ramnath - DirectorProfile
Additionally, take a look at Your Equity Center. Note that the METEORIC RESOURCES information on this page should be used as a complementary analysis to other METEORIC RESOURCES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for METEORIC Stock

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