Spanish Mountain Gold Stock Today

SPA Stock  CAD 0.18  0.01  5.26%   


1 of 100


Odds Of Distress

Over 67

Quite High
Spanish Mountain is selling for under 0.18 as of the 7th of December 2023; that is -5.26 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.18. Spanish Mountain has more than 67 % 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 Spanish Mountain Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2023 and ending today, the 7th of December 2023. Click here to learn more.
Business Domain
Basic Materials
Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Spanish Mountain Gold Ltd. is headquartered in Vancouver, Canada. SPANISH MOUNTAIN operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 372.94 M outstanding shares of which 29.96 K shares are at this time shorted by private and institutional investors with about 0.2 days to cover all short positions. More on Spanish Mountain Gold

Moving against Spanish Stock

-0.46WNGeorge Weston LimitedPairCorr
-0.45MGAMega UraniumPairCorr
Follow Valuation Odds of Bankruptcy
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Spanish 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. Spanish Mountain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spanish Mountain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman of the BoardIan Watson
Business ConcentrationMetals & Mining, Materials, 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 Spanish Mountain's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Spanish Mountain Gold (SPA) is traded on TSX Venture Exchange in Canada and employs 12 people. Spanish Mountain 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 65.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spanish Mountain's market, we take the total number of its shares issued and multiply it by Spanish Mountain'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. Spanish Mountain Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 372.94 M outstanding shares of which 29.96 K shares are at this time shorted by private and institutional investors with about 0.2 days to cover all short positions. Spanish Mountain Gold has accumulated about 1.04 M in cash with (464.79 K) of positive cash flow from operations.
Check Spanish Mountain Probability Of Bankruptcy
Spanish Mountain Gold shows a total of three hundred seventy-two million nine hundred thirty-six thousand nine hundred ninety-two outstanding shares. Spanish Mountain Gold maintains 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's 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 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.

Ownership Allocation

Check Spanish Ownership Details

Spanish Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Spanish Mountain jumping above the current price in 90 days from now is about 11.13%. The Spanish Mountain Gold probability density function shows the probability of Spanish Mountain stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Spanish Mountain has a beta of 0.9392. This usually implies Spanish Mountain Gold market returns are correlated to returns on the market. As the market goes up or down, Spanish Mountain is expected to follow. Additionally, the company has an alpha of 0.0867, implying that it can generate a 0.0867 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.18HorizonTargetOdds Above 0.18
88.80%90 days
Based on a normal probability distribution, the odds of Spanish Mountain to move above the current price in 90 days from now is about 11.13 (This Spanish Mountain Gold probability density function shows the probability of Spanish Stock to fall within a particular range of prices over 90 days) .

Spanish Mountain Gold Risk Profiles

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

Spanish Stock Against Markets

Picking the right benchmark for Spanish Mountain 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 Spanish Mountain 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 Spanish Mountain is critical whether you are bullish or bearish towards Spanish Mountain Gold at a given time. Please also check how Spanish Mountain'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 Spanish Mountain 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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Spanish Mountain Corporate Directors

Spanish Mountain corporate directors refer to members of a Spanish Mountain board of directors. The board of directors generally takes responsibility for the Spanish Mountain'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 Spanish Mountain's board members must vote for the resolution. The Spanish Mountain board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James RogersIndependent DirectorProfile
Terry MacLeanDirectorProfile
Dale CormanIndependent DirectorProfile
Donald CoxeIndependent DirectorProfile

How to buy Spanish Stock?

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

The danger of trading Spanish Mountain 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 Spanish Mountain 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 Spanish Mountain. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spanish Mountain 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 Spanish Mountain 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 bureau of economic analysis.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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