Slam Exploration Stock Today

SXL Stock  CAD 0.02  0.00  0.00%   

Performance

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Odds Of Distress

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Slam Exploration is selling for under 0.02 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. Slam Exploration has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Slam Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Slam Exploration Ltd., a resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Slam Exploration Ltd. was incorporated in 1996 and is headquartered in Miramichi, Canada. SLAM EXPLORATION operates under Gold classification in Exotistan and is traded on Commodity Exchange.. The company has 68.46 M outstanding shares of which 1.41 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions. More on Slam Exploration

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Slam 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. Slam Exploration's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Slam Exploration or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorMichael Taylor
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Slam Exploration's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Slam Exploration's 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 Slam Exploration's financial leverage. It provides some insight into what part of Slam Exploration's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Slam Exploration's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Slam Exploration deploys its capital and how much of that capital is borrowed.
Liquidity
Slam Exploration 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. The company has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Slam Exploration has a current ratio of 1.09, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Slam Exploration until it has trouble settling it off, either with new capital or with free cash flow. So, Slam Exploration's 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 Slam Exploration sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Slam to invest in growth at high rates of return. When we think about Slam Exploration's use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

1,030.05
Slam Exploration (SXL) is traded on TSX Venture Exchange in Canada and employs 5 people. Slam Exploration is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Slam Exploration's market, we take the total number of its shares issued and multiply it by Slam Exploration'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. Slam Exploration classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 68.46 M outstanding shares of which 1.41 K shares are at this time shorted by private and institutional investors with about 0.06 days to cover all short positions. Slam Exploration has accumulated about 431.51 K in cash with (108.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Slam Exploration Probability Of Bankruptcy
Ownership Allocation
Slam Exploration maintains a total of 68.46 Million outstanding shares. Slam Exploration has 11.95 % of its outstanding shares held by insiders and 0.0 % 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.
Check Slam Ownership Details

Slam Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Slam Exploration jumping above the current price in 90 days from now is about 73.75%. The Slam Exploration probability density function shows the probability of Slam Exploration stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Slam Exploration has a beta of -1.6982. This usually implies as returns on its benchmark rise, returns on holding Slam Exploration are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Slam Exploration is expected to outperform its benchmark. Additionally, slam Exploration has an alpha of 0.201, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.02HorizonTargetOdds Above 0.02
26.17%90 days
 0.02 
73.75%
Based on a normal probability distribution, the odds of Slam Exploration to move above the current price in 90 days from now is about 73.75 (This Slam Exploration probability density function shows the probability of Slam Stock to fall within a particular range of prices over 90 days) .

Slam Exploration Risk Profiles

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

Slam Stock Against Markets

Picking the right benchmark for Slam Exploration 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 Slam Exploration 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 Slam Exploration is critical whether you are bullish or bearish towards Slam Exploration at a given time. Please also check how Slam Exploration'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 Slam Exploration 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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How to buy Slam Stock?

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

The danger of trading Slam Exploration 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 Slam Exploration 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 Slam Exploration. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Slam Exploration 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 Slam Exploration. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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