Macdonald Mines Exploration Stock Today

BMK Stock  CAD 0.06  0.01  10.00%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Over 64

 
100  
 
Zero
Quite High
MacDonald Mines is selling for under 0.055 as of the 28th of March 2024; that is 10.00 percent up since the beginning of the trading day. The stock's lowest day price was 0.055. MacDonald Mines has more than 64 % 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 MacDonald Mines 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
MacDonald Mines Exploration Ltd., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada. MacDonald Mines Exploration Ltd. was incorporated in 1936 and is headquartered in Toronto, Canada. The company has 37.88 M outstanding shares of which 164.71 K shares are currently shorted by private and institutional investors with about 0.05 days to cover all short positions. More on MacDonald Mines Exploration

Moving against MacDonald Stock

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MacDonald 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. MacDonald Mines' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MacDonald Mines or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanJohn Sanderson
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
MacDonald Mines' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MacDonald Mines' 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 MacDonald Mines' financial leverage. It provides some insight into what part of MacDonald Mines' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on MacDonald Mines' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how MacDonald Mines deploys its capital and how much of that capital is borrowed.
Liquidity
MacDonald Mines 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 200 K in total debt. MacDonald Mines Expl has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MacDonald Mines until it has trouble settling it off, either with new capital or with free cash flow. So, MacDonald Mines' 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 MacDonald Mines Expl sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MacDonald to invest in growth at high rates of return. When we think about MacDonald Mines' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

1.35 Million
MacDonald Mines Exploration (BMK) is traded on TSX Venture Exchange in Canada and employs 2 people. MacDonald Mines 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 1.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MacDonald Mines's market, we take the total number of its shares issued and multiply it by MacDonald Mines'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. MacDonald Mines Expl classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 37.88 M outstanding shares of which 164.71 K shares are currently shorted by private and institutional investors with about 0.05 days to cover all short positions. MacDonald Mines Exploration has accumulated about 482.93 K in cash with (698.7 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check MacDonald Mines Probability Of Bankruptcy
Ownership Allocation
MacDonald Mines Exploration holds a total of 37.88 Million outstanding shares. MacDonald Mines Exploration secures 8.53 % of its outstanding shares held by insiders and 1.095999999999999 % owned by institutional investors. 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 MacDonald Ownership Details

MacDonald Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of MacDonald Mines jumping above the current price in 90 days from now is about 32.46%. The MacDonald Mines Exploration probability density function shows the probability of MacDonald Mines stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon MacDonald Mines has a beta of 0.592 suggesting as returns on the market go up, MacDonald Mines average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MacDonald Mines Exploration will be expected to be much smaller as well. Additionally, macDonald Mines Exploration has an alpha of 0.2808, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.055HorizonTargetOdds Above 0.055
67.43%90 days
 0.06 
32.46%
Based on a normal probability distribution, the odds of MacDonald Mines to move above the current price in 90 days from now is about 32.46 (This MacDonald Mines Exploration probability density function shows the probability of MacDonald Stock to fall within a particular range of prices over 90 days) .

MacDonald Mines Expl Risk Profiles

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

MacDonald Stock Against Markets

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

MacDonald Mines corporate directors refer to members of a MacDonald Mines board of directors. The board of directors generally takes responsibility for the MacDonald Mines' 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 MacDonald Mines' board members must vote for the resolution. The MacDonald Mines board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kevin TanasDirectorProfile
Michael EnglandInterim DirectorProfile
Hadyn ButlerIndependent DirectorProfile
Gordon McKinnonIndependent DirectorProfile

How to buy MacDonald Stock?

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

The danger of trading MacDonald Mines 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 MacDonald Mines 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 MacDonald Mines. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MacDonald Mines Expl 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in MacDonald Mines 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.
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When running MacDonald Mines' price analysis, check to measure MacDonald Mines' 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 MacDonald Mines is operating at the current time. Most of MacDonald Mines' value examination focuses on studying past and present price action to predict the probability of MacDonald Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacDonald Mines' price. Additionally, you may evaluate how the addition of MacDonald Mines to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MacDonald Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if MacDonald Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MacDonald Mines' 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.