Soma Stock Today

SOMA Stock  CAD 0.62  0.02  3.33%   

Market Performance

7 of 100


Odds Of Distress

Less than 21

Soma Gold is selling for under 0.62 as of the 2nd of October 2023; that is 3.33 percent up since the beginning of the trading day. The stock's lowest day price was 0.62. Soma Gold has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Soma Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2022 and ending today, the 2nd of October 2023. Click here to learn more.
Business Domain
Basic Materials
Soma Gold Corp., a junior gold mining company, engages in the acquisition, exploration, and development of mineral properties in South America. The company was formerly known as Para Resources Inc. and changed its name to Soma Gold Corp. in May 2020. SOMA GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.. The company has 91.35 M outstanding shares of which 17.58 K shares are at this time shorted by private and institutional investors with about 0.37 days to cover all short positions. More on Soma Gold Corp

Moving against Soma Stock

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Follow Valuation Odds of Bankruptcy
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Soma 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. Soma Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Soma Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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 Soma Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Soma Gold Corp (SOMA) is traded on TSX Venture Exchange in Canada and employs 4 people. Soma Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 61.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Soma Gold's market, we take the total number of its shares issued and multiply it by Soma 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. Soma Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 91.35 M outstanding shares of which 17.58 K shares are at this time shorted by private and institutional investors with about 0.37 days to cover all short positions. Soma Gold Corp has accumulated about 1.88 M in cash with 4.75 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Soma Gold Probability Of Bankruptcy
Soma Gold maintains a total of 91.35 Million outstanding shares. Soma Gold Corp has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.09 % of Soma Gold outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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 Soma Ownership Details

Soma Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Soma Gold jumping above the current price in 90 days from now is about 41.32%. The Soma Gold Corp probability density function shows the probability of Soma Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Soma Gold has a beta of 0.6466. This usually implies as returns on the market go up, Soma Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Soma Gold Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1669, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.62HorizonTargetOdds Above 0.62
58.50%90 days
Based on a normal probability distribution, the odds of Soma Gold to move above the current price in 90 days from now is about 41.32 (This Soma Gold Corp probability density function shows the probability of Soma Stock to fall within a particular range of prices over 90 days) .

Soma Gold Corp Risk Profiles

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

Soma Stock Against Markets

Picking the right benchmark for Soma 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 Soma 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 Soma Gold is critical whether you are bullish or bearish towards Soma Gold Corp at a given time. Please also check how Soma 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 Soma 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.

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Soma Gold Corporate Management

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

How to buy Soma Stock?

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

The danger of trading Soma Gold 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 Soma 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 Soma Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Soma Gold 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 Soma Gold 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 nation. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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