Strikepoint Gold Stock Today
| SKP Stock | CAD 0.06 0.01 22.22% |
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Strikepoint Gold is selling for under 0.055 as of the 5th of December 2023; that is 22.22% increase since the beginning of the trading day. The stock's lowest day price was 0.05. Strikepoint Gold has more than 68 % 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 Strikepoint Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2023 and ending today, the 5th of December 2023. Click here to learn more.
Business Domain Materials | Category Basic Materials |
StrikePoint Gold Inc., an exploration-stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company was formerly known as Marum Resources Inc. and changed its name to StrikePoint Gold Inc. in June 2009. The company has 213.78 M outstanding shares of which 257.14 K shares are at this time shorted by private and institutional investors with about 0.78 days to cover all short positions. More on Strikepoint Gold
Follow Valuation Odds of Bankruptcy
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Strikepoint 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. Strikepoint Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Strikepoint Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Shawn Khunkhun |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, 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 Strikepoint Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details Strong SellOvervalued | |
Strikepoint Gold (SKP) is traded on TSX Venture Exchange in Canada and employs 13 people. Strikepoint Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Strikepoint Gold's market, we take the total number of its shares issued and multiply it by Strikepoint Gold'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. Strikepoint Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 213.78 M outstanding shares of which 257.14 K shares are at this time shorted by private and institutional investors with about 0.78 days to cover all short positions.
Strikepoint Gold has accumulated about 10.34 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Strikepoint Gold Probability Of Bankruptcy
OwnershipStrikepoint Gold maintains a total of 213.78 Million outstanding shares. Strikepoint Gold has 15.11 % of its outstanding shares held by insiders and 2.45 % owned by institutional holders. 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 Strikepoint Ownership DetailsStrikepoint Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Strikepoint Gold jumping above the current price in 90 days from now is roughly 2.15%. The Strikepoint Gold probability density function shows the probability of Strikepoint Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Strikepoint Gold has a beta of -0.3305. This usually implies as returns on benchmark increase, returns on holding Strikepoint Gold are expected to decrease at a much lower rate. During the bear market, however, Strikepoint Gold is likely to outperform the market. Additionally, the company has an alpha of 0.601, implying that it can generate a 0.6 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Strikepoint Gold to move above the current price in 90 days from now is roughly 2.15 (This Strikepoint Gold probability density function shows the probability of Strikepoint Stock to fall within a particular range of prices over 90 days) .
Strikepoint Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Strikepoint Gold market risk premium is the additional return an investor will receive from holding Strikepoint Gold 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 Strikepoint Gold. 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 Strikepoint Gold's alpha and beta are two of the key measurements used to evaluate Strikepoint Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.72 | |||
| Semi Deviation | 6.38 | |||
| Standard Deviation | 9.79 | |||
| Variance | 95.78 |
Strikepoint Stock Against Markets
Picking the right benchmark for Strikepoint Gold 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 Strikepoint Gold 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 Strikepoint Gold is critical whether you are bullish or bearish towards Strikepoint Gold at a given time. Please also check how Strikepoint Gold'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 Strikepoint Gold 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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Strikepoint Gold Corporate Directors
Strikepoint Gold corporate directors refer to members of a Strikepoint Gold board of directors. The board of directors generally takes responsibility for the Strikepoint Gold'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 Strikepoint Gold's board members must vote for the resolution. The Strikepoint Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael McPhie | Director | Profile | |
| Susan Neale | Director | Profile | |
| Rowland Perkins | Independent Director | Profile | |
| Carol Li | Director | Profile |
How to buy Strikepoint Stock?
Before investing in Strikepoint Gold, 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 Strikepoint Gold. To buy Strikepoint Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Strikepoint Gold. 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 Strikepoint Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Strikepoint Gold 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 Strikepoint Gold 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 Strikepoint Gold, 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 Strikepoint Gold?
The danger of trading Strikepoint Gold 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 Strikepoint Gold 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 Strikepoint Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Strikepoint Gold 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 Strikepoint Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Strikepoint Stock analysis
When running Strikepoint Gold's price analysis, check to measure Strikepoint Gold'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 Strikepoint Gold is operating at the current time. Most of Strikepoint Gold's value examination focuses on studying past and present price action to predict the probability of Strikepoint Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strikepoint Gold's price. Additionally, you may evaluate how the addition of Strikepoint Gold to your portfolios can decrease your overall portfolio volatility.
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