RIDGELINE MINERALS (Germany) Today
| 0GC0 Stock | EUR 0.08 0.0005 0.64% |
Performance5 of 100
| Odds Of DistressLess than 22
|
RIDGELINE MINERALS is trading at 0.0775 as of the 29th of April 2024. This is a -0.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.0775. RIDGELINE MINERALS has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for RIDGELINE MINERALS P are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Ridgeline Minerals Corp. engages in the acquisition and exploration of mineral properties in Nevada, the United States. Ridgeline Minerals Corp. was founded in 2018 and is headquartered in Vancouver, Canada. RIDGELINE MINERALS is traded on Frankfurt Stock Exchange in Germany. The company has 68.47 M outstanding shares. More on RIDGELINE MINERALS P
Moving together with RIDGELINE Stock
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Moving against RIDGELINE Stock
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Follow Valuation Odds of Bankruptcy
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RIDGELINE 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. RIDGELINE MINERALS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RIDGELINE MINERALS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Gold, Basic Materials (View all Sectors) |
RIDGELINE MINERALS P (0GC0) is traded on Frankfurt Exchange in Germany . The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RIDGELINE MINERALS's market, we take the total number of its shares issued and multiply it by RIDGELINE MINERALS'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. RIDGELINE MINERALS operates under Basic Materials sector and is part of Gold industry. The entity has 68.47 M outstanding shares.
RIDGELINE MINERALS P has accumulated about 4.42 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check RIDGELINE MINERALS Probability Of Bankruptcy
Ownership AllocationRIDGELINE MINERALS owns a total of 68.47 Million outstanding shares. RIDGELINE MINERALS holds 7.8 pct. of its outstanding shares held by insiders and 4.8 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check RIDGELINE Ownership Details
RIDGELINE MINERALS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. RIDGELINE MINERALS market risk premium is the additional return an investor will receive from holding RIDGELINE MINERALS 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 RIDGELINE MINERALS. 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 RIDGELINE MINERALS's alpha and beta are two of the key measurements used to evaluate RIDGELINE MINERALS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.53 | |||
| Semi Deviation | 5.59 | |||
| Standard Deviation | 7.21 | |||
| Variance | 51.94 |
RIDGELINE Stock Against Markets
Picking the right benchmark for RIDGELINE MINERALS 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 RIDGELINE MINERALS 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 RIDGELINE MINERALS is critical whether you are bullish or bearish towards RIDGELINE MINERALS P at a given time. Please also check how RIDGELINE MINERALS's historical prices are related to one of the top price index indicators.
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How to buy RIDGELINE Stock?
Before investing in RIDGELINE MINERALS, 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 RIDGELINE MINERALS. To buy RIDGELINE MINERALS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of RIDGELINE MINERALS. 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 RIDGELINE MINERALS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located RIDGELINE MINERALS P 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 RIDGELINE MINERALS P 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 RIDGELINE MINERALS P, 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 RIDGELINE MINERALS P?
The danger of trading RIDGELINE MINERALS P 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 RIDGELINE MINERALS 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 RIDGELINE MINERALS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RIDGELINE MINERALS 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 RIDGELINE MINERALS P. 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. Note that the RIDGELINE MINERALS information on this page should be used as a complementary analysis to other RIDGELINE MINERALS's 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for RIDGELINE Stock analysis
When running RIDGELINE MINERALS's price analysis, check to measure RIDGELINE MINERALS'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 RIDGELINE MINERALS is operating at the current time. Most of RIDGELINE MINERALS's value examination focuses on studying past and present price action to predict the probability of RIDGELINE MINERALS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RIDGELINE MINERALS's price. Additionally, you may evaluate how the addition of RIDGELINE MINERALS to your portfolios can decrease your overall portfolio volatility.
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