Nevado Resources Stock Today

VDO-H Stock  CAD 0.08  0.00  0.00%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 24

 
High
 
Low
Low
Nevado Resources is selling for under 0.08 as of the 21st of May 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.08. Nevado Resources has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Nevado Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 21st of May 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Nevado Resources Corporation engages in the acquisition, exploration, and evaluation mining properties in Canada. Nevado Resources Corporation was incorporated in 2006 and is headquartered in Montreal, Canada. NEVADO RESOURCES is traded on TSX Venture Exchange in Canada. The company has 12.22 M outstanding shares of which 7.32 K shares are at this time shorted by private and institutional investors with about 5.75 days to cover all short positions. More on Nevado Resources

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Nevado 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. Nevado Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nevado Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentTyson King
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Nevado Resources (VDO-H) is traded on TSX Venture Exchange in Canada and employs 2 people. Nevado Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 977.53 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nevado Resources's market, we take the total number of its shares issued and multiply it by Nevado Resources'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. Nevado Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 12.22 M outstanding shares of which 7.32 K shares are at this time shorted by private and institutional investors with about 5.75 days to cover all short positions. Nevado Resources has accumulated about 313.94 K in cash with (136.81 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Nevado Resources Probability Of Bankruptcy
Ownership Allocation
Nevado Resources holds 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.
Check Nevado Ownership Details

Nevado Resources Risk Profiles

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

Nevado Stock Against Markets

Picking the right benchmark for Nevado Resources 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 Nevado Resources 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 Nevado Resources is critical whether you are bullish or bearish towards Nevado Resources at a given time. Please also check how Nevado Resources' 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 Nevado Resources 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 Nevado Stock?

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

The danger of trading Nevado Resources 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 Nevado Resources 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 Nevado Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nevado Resources 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 Nevado Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Nevado Resources information on this page should be used as a complementary analysis to other Nevado Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Nevado Stock analysis

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