Strategic Metals Stock Today
| SMD Stock | CAD 0.19 0.01 5.00% |
Performance3 of 100
| Odds Of DistressLess than 46
|
Strategic Metals is selling for under 0.19 as of the 24th of April 2024; that is -5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.19. Strategic Metals has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Strategic Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Strategic Metals Ltd. acquires, explores for, and evaluates mineral properties in Canada. As of April 22, 2021, it had a portfolio of approximately 130 projects. STRATEGIC METALS operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 110.96 M outstanding shares of which 4.65 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions. More on Strategic Metals
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| 0.44 | AAPL | Apple Inc CDR | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Strategic 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. Strategic Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Strategic Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Douglas Eaton |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Strategic Metals (SMD) is traded on TSX Venture Exchange in Canada and employs 14 people. Strategic Metals 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 20.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Strategic Metals's market, we take the total number of its shares issued and multiply it by Strategic Metals'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. Strategic Metals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 110.96 M outstanding shares of which 4.65 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions.
Strategic Metals has accumulated about 23.73 M in cash with (1.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationStrategic Metals shows a total of 110.96 Million outstanding shares. 30% of Strategic Metals outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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.
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Strategic Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Strategic Metals jumping above the current price in 90 days from now is about 50.0%. The Strategic Metals probability density function shows the probability of Strategic Metals stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Strategic Metals has a beta of 0.3575. This usually implies as returns on the market go up, Strategic Metals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Strategic Metals will be expected to be much smaller as well. Additionally, strategic Metals has an alpha of 0.1171, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Strategic Metals to move above the current price in 90 days from now is about 50.0 (This Strategic Metals probability density function shows the probability of Strategic Stock to fall within a particular range of prices over 90 days) .
Strategic Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Strategic Metals market risk premium is the additional return an investor will receive from holding Strategic Metals 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 Strategic Metals. 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 Strategic Metals' alpha and beta are two of the key measurements used to evaluate Strategic Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 3.89 | |||
| Variance | 15.13 |
Strategic Stock Against Markets
Picking the right benchmark for Strategic Metals 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 Strategic Metals 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 Strategic Metals is critical whether you are bullish or bearish towards Strategic Metals at a given time. Please also check how Strategic Metals' 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 Strategic Metals 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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Strategic Metals Corporate Directors
Strategic Metals corporate directors refer to members of a Strategic Metals board of directors. The board of directors generally takes responsibility for the Strategic Metals' 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 Strategic Metals' board members must vote for the resolution. The Strategic Metals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Glenn Yeadon | Secretary, Director | Profile | |
| R Davis | Independent Director | Profile | |
| Lee Groat | Independent Director | Profile | |
| Ryan Schedler | Director | Profile |
How to buy Strategic Stock?
Before investing in Strategic Metals, 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 Strategic Metals. To buy Strategic Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Strategic Metals. 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 Strategic Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Strategic Metals 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 Strategic Metals 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 Strategic Metals, 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 Strategic Metals?
The danger of trading Strategic Metals 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 Strategic Metals 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 Strategic Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Strategic Metals 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 Strategic Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Strategic Stock analysis
When running Strategic Metals' price analysis, check to measure Strategic Metals' 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 Strategic Metals is operating at the current time. Most of Strategic Metals' value examination focuses on studying past and present price action to predict the probability of Strategic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strategic Metals' price. Additionally, you may evaluate how the addition of Strategic Metals to your portfolios can decrease your overall portfolio volatility.
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