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The firm beta is close to zero. As returns on the market increase, returns on owning Mountain Province are expected to decrease at a much lower rate. During the bear market, Mountain Province is likely to outperform the market. The beta indicator helps investors understand whether Mountain Province moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Mountain deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Small-Cap' category with a current market capitalization of 164.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mountain Province's market, we take the total number of its shares issued and multiply it by Mountain Province'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.
Polymet Mining Corp (PLM)
The entity has a beta of -0.1189. As returns on the market increase, Polymet Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polymet Mining is expected to be smaller as well. The beta indicator helps investors understand whether Polymet Mining moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Polymet deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 408.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polymet Mining's market, we take the total number of its shares issued and multiply it by Polymet Mining'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.
New Gold (NGD)
The company has Return on Asset of 0.0158 % which means that on every $100 spent on assets, it made $0.0158 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0738) %, meaning that it generated no profit with money invested by stockholders. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.03). At present, New Gold's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Tangible Asset Value is expected to grow to about 198 M, whereas Non Current Assets Total are forecasted to decline to about 1.7 B. This firm currently falls under 'Mid-Cap' category with a total capitalization of 1.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Gold's market, we take the total number of its shares issued and multiply it by New Gold'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. Based on Macroaxis valuation methodology, the firm appears to be overvalued. New Gold secures a last-minute Real Value of $1.41 per share. The latest price of the firm is $1.72. Our model forecasts the value of New Gold from analyzing the firm fundamentals such as Return On Equity of -0.0738, current valuation of 1.39 B, and Profit Margin of (0.08) % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Gold Standard Ventures (GSV)
The entity beta is close to zero. As returns on the market increase, Gold Standard's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gold Standard is expected to be smaller as well. The beta indicator helps investors understand whether Gold Standard moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Gold deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 145.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gold Standard's market, we take the total number of its shares issued and multiply it by Gold Standard'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.
Great Panther Mining (GPL)
The company has Return on Asset of (0.1048) % which means that on every $100 spent on assets, it lost $0.1048. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.5546) %, meaning that it generated no profit with money invested by stockholders. Great Panther's management efficiency ratios could be used to measure how well Great Panther manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Nano-Cap' category with a total capitalization of 8.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Great Panther's market, we take the total number of its shares issued and multiply it by Great Panther'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.
General Moly (GMO)
The firm beta is close to zero. As returns on the market increase, General Moly's returns are expected to increase less than the market. However, during the bear market, the loss of holding General Moly is expected to be smaller as well. The beta indicator helps investors understand whether General Moly moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if General deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Micro-Cap' category with a total capitalization of 17.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate General Moly's market, we take the total number of its shares issued and multiply it by General Moly'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.
Denison Mines Corp (DNN)
The company has Return on Asset of (0.046) % which means that on every $100 spent on assets, it lost $0.046. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1658 %, implying that it generated $0.1658 on every 100 dollars invested. Denison Mines' management efficiency ratios could be used to measure how well Denison Mines manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Denison Mines' Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop (0.07). At this time, Denison Mines' Total Current Assets are very stable compared to the past year. As of the 24th of April 2024, Net Tangible Assets is likely to grow to about 526.5 M, while Total Assets are likely to drop about 421.3 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 1.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Denison Mines's market, we take the total number of its shares issued and multiply it by Denison 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. Based on Macroaxis valuation methodology, the firm appears to be overvalued. Denison Mines Corp shows a prevailing Real Value of $1.67 per share. The current price of the firm is $1.97. Our model computes the value of Denison Mines Corp from reviewing the firm fundamentals such as Shares Outstanding of 892 M, current valuation of 1.63 B, and Profit Margin of 48.72 % as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise obtaining undervalued instruments and abandoning overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Avino Silver Gold (ASM)
At this time, Avino Silver's Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop (0.01). At this time, Avino Silver's Tangible Asset Value is very stable compared to the past year. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0, while Other Assets are likely to drop 0.95. Avino Silver's management efficiency ratios could be used to measure how well Avino Silver manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Micro-Cap' category with a total capitalization of 93.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avino Silver's market, we take the total number of its shares issued and multiply it by Avino Silver'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.
Please consider monitoring Macroaxis on a daily basis if you are holding a position in it. Macroaxis is trading at a penny-stock level, and the possibility of delisting is much higher compared to other privates. However, just because the private is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Macroaxis stock to be traded above the $1 level to remain listed. If Macroaxis private price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Macroaxis's Liquidity
Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.
Macroaxis Gross Profit
Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Mountain Province Diamonds (MPVD)
The firm beta is close to zero. As returns on the market increase, returns on owning Mountain Province are expected to decrease at a much lower rate. During the bear market, Mountain Province is likely to outperform the market. The beta indicator helps investors understand whether Mountain Province moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Mountain deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Small-Cap' category with a current market capitalization of 164.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mountain Province's market, we take the total number of its shares issued and multiply it by Mountain Province'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.
Polymet Mining Corp (PLM)
The entity has a beta of -0.1189. As returns on the market increase, Polymet Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polymet Mining is expected to be smaller as well. The beta indicator helps investors understand whether Polymet Mining moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Polymet deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 408.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polymet Mining's market, we take the total number of its shares issued and multiply it by Polymet Mining'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.
New Gold (NGD)
The company has Return on Asset of 0.0158 % which means that on every $100 spent on assets, it made $0.0158 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0738) %, meaning that it generated no profit with money invested by stockholders. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.03). At present, New Gold's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Tangible Asset Value is expected to grow to about 198 M, whereas Non Current Assets Total are forecasted to decline to about 1.7 B. This firm currently falls under 'Mid-Cap' category with a total capitalization of 1.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Gold's market, we take the total number of its shares issued and multiply it by New Gold'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. Based on Macroaxis valuation methodology, the firm appears to be overvalued. New Gold secures a last-minute Real Value of $1.41 per share. The latest price of the firm is $1.72. Our model forecasts the value of New Gold from analyzing the firm fundamentals such as Return On Equity of -0.0738, current valuation of 1.39 B, and Profit Margin of (0.08) % as well as examining its technical indicators and probability of bankruptcy. In general, most investors recommend purchasing undervalued stocks and exiting overvalued stocks since, at some point, asset prices and their ongoing real values will merge together.
Gold Standard Ventures (GSV)
The entity beta is close to zero. As returns on the market increase, Gold Standard's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gold Standard is expected to be smaller as well. The beta indicator helps investors understand whether Gold Standard moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Gold deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. This firm currently falls under 'Small-Cap' category with a total capitalization of 145.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gold Standard's market, we take the total number of its shares issued and multiply it by Gold Standard'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.
Great Panther Mining (GPL)
The company has Return on Asset of (0.1048) % which means that on every $100 spent on assets, it lost $0.1048. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.5546) %, meaning that it generated no profit with money invested by stockholders. Great Panther's management efficiency ratios could be used to measure how well Great Panther manages its routine affairs as well as how well it operates its assets and liabilities. The company currently falls under 'Nano-Cap' category with a total capitalization of 8.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Great Panther's market, we take the total number of its shares issued and multiply it by Great Panther'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.
General Moly (GMO)
The firm beta is close to zero. As returns on the market increase, General Moly's returns are expected to increase less than the market. However, during the bear market, the loss of holding General Moly is expected to be smaller as well. The beta indicator helps investors understand whether General Moly moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if General deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity currently falls under 'Micro-Cap' category with a total capitalization of 17.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate General Moly's market, we take the total number of its shares issued and multiply it by General Moly'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.
Denison Mines Corp (DNN)
The company has Return on Asset of (0.046) % which means that on every $100 spent on assets, it lost $0.046. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1658 %, implying that it generated $0.1658 on every 100 dollars invested. Denison Mines' management efficiency ratios could be used to measure how well Denison Mines manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Denison Mines' Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0.12, while Return On Capital Employed is likely to drop (0.07). At this time, Denison Mines' Total Current Assets are very stable compared to the past year. As of the 24th of April 2024, Net Tangible Assets is likely to grow to about 526.5 M, while Total Assets are likely to drop about 421.3 M. The firm currently falls under 'Mid-Cap' category with a total capitalization of 1.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Denison Mines's market, we take the total number of its shares issued and multiply it by Denison 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. Based on Macroaxis valuation methodology, the firm appears to be overvalued. Denison Mines Corp shows a prevailing Real Value of $1.67 per share. The current price of the firm is $1.97. Our model computes the value of Denison Mines Corp from reviewing the firm fundamentals such as Shares Outstanding of 892 M, current valuation of 1.63 B, and Profit Margin of 48.72 % as well as analyzing its technical indicators and probability of bankruptcy. In general, most investors advise obtaining undervalued instruments and abandoning overvalued instruments since, at some point, asset prices and their ongoing real values will submerge.
Avino Silver Gold (ASM)
At this time, Avino Silver's Return On Tangible Assets are very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop (0.01). At this time, Avino Silver's Tangible Asset Value is very stable compared to the past year. As of the 24th of April 2024, Return On Tangible Assets is likely to grow to 0, while Other Assets are likely to drop 0.95. Avino Silver's management efficiency ratios could be used to measure how well Avino Silver manages its routine affairs as well as how well it operates its assets and liabilities. This firm currently falls under 'Micro-Cap' category with a total capitalization of 93.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avino Silver's market, we take the total number of its shares issued and multiply it by Avino Silver'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.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
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