Scottie Resources Corp Stock Today

SCOT Stock  CAD 0.19  0.01  5.00%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 65

 
High
 
Low
Quite High
Scottie Resources is selling for under 0.19 as of the 26th of May 2024; that is -5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.18. Scottie Resources has more than 65 % 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 Scottie Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of May 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Scottie Resources Corp., an exploration stage company, acquires, explores, and evaluates mineral properties in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. SCOTTIE RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 299.82 M outstanding shares of which 8.46 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions. More on Scottie Resources Corp

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Scottie 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. Scottie Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Scottie Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorBradley Rourke
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Scottie Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Scottie Resources' 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 Scottie Resources' financial leverage. It provides some insight into what part of Scottie Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Scottie Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Scottie Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Scottie Resources 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. Debt To Equity is likely to drop to 0.10 in 2024The company has a current ratio of 0.33, 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 Scottie Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Scottie Resources' 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 Scottie Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scottie to invest in growth at high rates of return. When we think about Scottie Resources' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

10.89 Million
Scottie Resources Corp (SCOT) is traded on TSX Venture Exchange in Canada and employs 5 people. Scottie Resources 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 55.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scottie Resources's market, we take the total number of its shares issued and multiply it by Scottie 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 those looking for more risk prefer small-cap and mid-cap equities. Scottie Resources Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 299.82 M outstanding shares of which 8.46 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions. Scottie Resources Corp has accumulated about 49.43 K in cash with (11 M) of positive cash flow from operations.
Check Scottie Resources Probability Of Bankruptcy
Ownership Allocation
Scottie Resources Corp shows a total of 299.82 Million outstanding shares. Scottie Resources Corp has 12.03 % of its outstanding shares held by insiders and 2.64 % owned by institutional holders. Please note that no matter how many assets the company owns, 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 Scottie Ownership Details

Scottie Resources Corp Risk Profiles

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

Scottie Stock Against Markets

Picking the right benchmark for Scottie 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 Scottie 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 Scottie Resources is critical whether you are bullish or bearish towards Scottie Resources Corp at a given time. Please also check how Scottie Resources' 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 Scottie Resources 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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Scottie Resources Corporate Management

Elected by the shareholders, the Scottie Resources' board of directors comprises two types of representatives: Scottie Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Scottie. The board's role is to monitor Scottie Resources' management team and ensure that shareholders' interests are well served. Scottie Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Scottie Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas PGeoVice ExplorationProfile
Stephen SulisChief OfficerProfile
Stephen CPAChief OfficerProfile
Christina BScCorporate SecretaryProfile

How to buy Scottie Stock?

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

The danger of trading Scottie Resources Corp 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 Scottie Resources 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 Scottie Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Scottie Resources Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scottie Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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