Chibougamau Independent Mines Stock Today
| CBG Stock | CAD 0.14 0.00 0.00% |
Performance5 of 100
| Odds Of DistressOver 52
|
Chibougamau Independent is selling for under 0.14 as of the 3rd of June 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.14. Chibougamau Independent has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Chibougamau Independent Mines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2024 and ending today, the 3rd of June 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Chibougamau Independent Mines Inc. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company was incorporated in 2010 and is headquartered in Rouyn-Noranda, Canada. CHIBOUGAMAU INDEPENDENT operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 61.07 M outstanding shares of which 178 shares are currently shorted by private and institutional investors with about 0.07 days to cover all short positions. More on Chibougamau Independent Mines
Moving together with Chibougamau Stock
| 0.68 | FDY | Faraday Copper Corp | PairCorr |
Moving against Chibougamau Stock
| 0.43 | CCL-A | CCL Industries | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Chibougamau 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. Chibougamau Independent's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chibougamau Independent or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Chibougamau Independent Mines (CBG) is traded on TSX Venture Exchange in Canada and employs 3 people. Chibougamau Independent 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 8.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chibougamau Independent's market, we take the total number of its shares issued and multiply it by Chibougamau Independent'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. Chibougamau Independent classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 61.07 M outstanding shares of which 178 shares are currently shorted by private and institutional investors with about 0.07 days to cover all short positions.
Chibougamau Independent Mines has accumulated about 341.74 K in cash with 171.1 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Chibougamau Independent Probability Of Bankruptcy
Ownership AllocationChibougamau Independent retains a total of 61.07 Million outstanding shares. Chibougamau Independent Mines retains 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. 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.
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Chibougamau Independent Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Chibougamau Independent market risk premium is the additional return an investor will receive from holding Chibougamau Independent 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 Chibougamau Independent. 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 Chibougamau Independent's alpha and beta are two of the key measurements used to evaluate Chibougamau Independent's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.5 | |||
| Semi Deviation | 3.15 | |||
| Standard Deviation | 4.99 | |||
| Variance | 24.87 |
Chibougamau Stock Against Markets
Picking the right benchmark for Chibougamau Independent 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 Chibougamau Independent 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 Chibougamau Independent is critical whether you are bullish or bearish towards Chibougamau Independent Mines at a given time. Please also check how Chibougamau Independent's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Chibougamau Independent 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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How to buy Chibougamau Stock?
Before investing in Chibougamau Independent, 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 Chibougamau Independent. To buy Chibougamau Independent stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chibougamau Independent. 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 Chibougamau Independent stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chibougamau Independent Mines 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 Chibougamau Independent Mines 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 Chibougamau Independent Mines, 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 Chibougamau Independent Mines?
The danger of trading Chibougamau Independent Mines 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 Chibougamau Independent 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 Chibougamau Independent. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chibougamau Independent 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 Chibougamau Independent Mines. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Chibougamau Stock analysis
When running Chibougamau Independent's price analysis, check to measure Chibougamau Independent'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 Chibougamau Independent is operating at the current time. Most of Chibougamau Independent's value examination focuses on studying past and present price action to predict the probability of Chibougamau Independent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chibougamau Independent's price. Additionally, you may evaluate how the addition of Chibougamau Independent to your portfolios can decrease your overall portfolio volatility.
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