Red Pine Stock Today

RPX Stock  CAD 0.40  0.01  2.56%   
Market Performance
13 of 100
Odds Of Distress
Less than 39
Red Pine is selling for under 0.4 as of the 7th of February 2023; that is 2.56 percent up since the beginning of the trading day. The stock's lowest day price was 0.4. Red Pine has about a 39 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Red Pine Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2021 and ending today, the 7th of February 2023. Click here to learn more.
Fiscal Year End
July
Category
Basic Materials
ISIN
CA75686Y7028
Red Pine Exploration Inc. engages in the acquisition, exploration, and development of mining properties in Canada. Red Pine Exploration Inc. was founded in 1936 and is headquartered in Toronto, Canada. RED PINE operates under Gold classification in Canada and is traded on TSX Venture Exchange. The company has 136.86 M outstanding shares of which 23.41 K shares are at this time shorted by private and institutional investors with about 0.17 days to cover all short positions. More on Red Pine Exploration

Moving together with Red Pine

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Follow Valuation Odds of Bankruptcy
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Red Pine 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. Red Pine's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Red Pine or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanElgin Wolfe
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 Red Pine's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Red Pine Exploration (RPX) is traded on TSX Venture Exchange in Canada and employs 18 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 54.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Red Pine's market, we take the total number of its shares issued and multiply it by Red Pine'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. Red Pine Exploration classifies itself under Basic Materials sector and is part of Gold industry. The entity has 136.86 M outstanding shares of which 23.41 K shares are at this time shorted by private and institutional investors with about 0.17 days to cover all short positions. Red Pine Exploration has accumulated about 1.77 M in cash with (10.87 M) of positive cash flow from operations.
Check Red Pine Probability Of Bankruptcy
Ownership
Red Pine owns a total of one hundred thirty-six million eight hundred sixty-two thousand outstanding shares. Red Pine has 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 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 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.

Ownership Allocation

Check Red Pine Ownership Details

Red Pine Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Red Pine jumping above the current price in 90 days from now is about 9.41%. The Red Pine Exploration probability density function shows the probability of Red Pine stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Red Pine Exploration has a beta of -1.1095 indicating Moreover, the company has an alpha of 1.4636, implying that it can generate a 1.46 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.4HorizonTargetOdds Above 0.4
90.55%90 days
 0.40 
9.41%
Based on a normal probability distribution, the odds of Red Pine to move above the current price in 90 days from now is about 9.41 (This Red Pine Exploration probability density function shows the probability of Red Pine Stock to fall within a particular range of prices over 90 days) .

Red Pine Exploration Risk Profiles

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

Red Pine Stock Against Markets

Picking the right benchmark for Red Pine 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 Red Pine 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 Red Pine is critical whether you are bullish or bearish towards Red Pine Exploration at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Red Pine 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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Red Pine Corporate Directors

Red Pine corporate directors refer to members of a Red Pine board of directors. The board of directors generally takes responsibility for the Red Pine'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 Red Pine's board members must vote for the resolution. The Red Pine board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Peter Kampian - DirectorProfile
Myles Johnson - DirectorProfile
Brent Nykoliation - Executive DirectorProfile
Myles CFA - CFO and DirectorProfile

Invested in Red Pine Exploration?

The danger of trading Red Pine Exploration 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 Red Pine 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 Red Pine. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Red Pine Exploration 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.
Additionally, take a look at Your Equity Center. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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