Trigon Metals Stock Today
| TM Stock | CAD 0.17 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 65
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Trigon Metals is selling for under 0.17 as of the 23rd of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.17. Trigon Metals has more than 65 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Trigon Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Trigon Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African country of Namibia. Trigon Metals Inc. was incorporated in 2005 and is headquartered in Toronto, Canada. The company has 204.27 M outstanding shares of which 16.23 K shares are at this time shorted by private and institutional investors with about 0.38 trading days to cover. More on Trigon Metals
Moving against Trigon Stock
| 0.8 | OSI | Osino Resources Corp | PairCorr |
| 0.45 | OCO | Oroco Resource Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Trigon 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. Trigon Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trigon Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Stephan Theron | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Trigon Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trigon Metals' 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 Trigon Metals' financial leverage. It provides some insight into what part of Trigon Metals' total assets is financed by creditors.
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Trigon Metals (TM) is traded on TSX Venture Exchange in Canada and employs 25 people. Trigon Metals 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 33.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trigon Metals's market, we take the total number of its shares issued and multiply it by Trigon 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. Trigon Metals conducts business under Metals & Mining sector and is part of Materials industry. The entity has 204.27 M outstanding shares of which 16.23 K shares are at this time shorted by private and institutional investors with about 0.38 trading days to cover.
Trigon Metals currently holds about 565.69 K in cash with (8.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Trigon Metals Probability Of Bankruptcy
Ownership AllocationTrigon Metals shows a total of 204.27 Million outstanding shares. Trigon Metals has 18.18 % of its outstanding shares held by insiders and 1.297 % owned by institutional holders. 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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Trigon Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Trigon Metals jumping above the current price in 90 days from now is about 90.44%. The Trigon Metals probability density function shows the probability of Trigon Metals stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1582. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trigon Metals will likely underperform. Additionally, trigon Metals has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Trigon Metals to move above the current price in 90 days from now is about 90.44 (This Trigon Metals probability density function shows the probability of Trigon Stock to fall within a particular range of prices over 90 days) .
Trigon Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Trigon Metals market risk premium is the additional return an investor will receive from holding Trigon 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 Trigon 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 Trigon Metals' alpha and beta are two of the key measurements used to evaluate Trigon Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.14 | |||
| Standard Deviation | 4.48 | |||
| Variance | 20.09 | |||
| Risk Adjusted Performance | (0.03) |
Trigon Stock Against Markets
Picking the right benchmark for Trigon 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 Trigon 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 Trigon Metals is critical whether you are bullish or bearish towards Trigon Metals at a given time. Please also check how Trigon 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 Trigon 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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Trigon Metals Corporate Directors
Trigon Metals corporate directors refer to members of a Trigon Metals board of directors. The board of directors generally takes responsibility for the Trigon 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 Trigon Metals' board members must vote for the resolution. The Trigon Metals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Larisa Sprott | Director | Profile | |
| Gordon Neal | Director | Profile | |
| James Xiang | Independent Director | Profile | |
| Frederick Nielsen | Director | Profile |
How to buy Trigon Stock?
Before investing in Trigon 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 Trigon Metals. To buy Trigon Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trigon 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 Trigon Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Trigon 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 Trigon 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 Trigon 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.
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The danger of trading Trigon 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 Trigon 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 Trigon Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trigon 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 Trigon 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 Trigon Stock analysis
When running Trigon Metals' price analysis, check to measure Trigon 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.
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