Lithium Royalty Corp Stock Today
| LIRC Stock | 6.85 0.05 0.74% |
Performance0 of 100
| Odds Of DistressOver 65
|
Lithium Royalty is selling at 6.85 as of the 30th of April 2024; that is 0.74 percent increase since the beginning of the trading day. The stock's open price was 6.8. Lithium Royalty has more than 65 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Lithium Royalty Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Lithium Royalty is entity of Canada. It is traded as Stock on TO exchange. The company has 24.87 M outstanding shares of which 18.36 K shares are now shorted by private and institutional investors with about 0.7 days to cover all short positions. More on Lithium Royalty Corp
Moving against Lithium Stock
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Lithium 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. Lithium Royalty's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lithium Royalty or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Ernie Ortega |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Lithium Royalty Corp (LIRC) is traded on Toronto Exchange in Canada and employs 9 people. Lithium Royalty is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 376.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lithium Royalty's market, we take the total number of its shares issued and multiply it by Lithium Royalty'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. Lithium Royalty Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 24.87 M outstanding shares of which 18.36 K shares are now shorted by private and institutional investors with about 0.7 days to cover all short positions.
Lithium Royalty generates negative cash flow from operations
Check Lithium Royalty Probability Of Bankruptcy
Ownership AllocationLithium Royalty Corp maintains a total of 24.87 Million outstanding shares. Lithium Royalty Corp secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.6 % of Lithium Royalty Corp outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lithium Ownership Details
Lithium Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Lithium Royalty jumping above the current price in 90 days from now is about 89.67%. The Lithium Royalty Corp probability density function shows the probability of Lithium Royalty stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.5942. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lithium Royalty will likely underperform. Additionally, lithium Royalty Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lithium Royalty to move above the current price in 90 days from now is about 89.67 (This Lithium Royalty Corp probability density function shows the probability of Lithium Stock to fall within a particular range of prices over 90 days) .
Lithium Royalty Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lithium Royalty market risk premium is the additional return an investor will receive from holding Lithium Royalty 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 Lithium Royalty. 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 Lithium Royalty's alpha and beta are two of the key measurements used to evaluate Lithium Royalty's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.92 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.04 | |||
| Risk Adjusted Performance | (0.06) |
Lithium Stock Against Markets
Picking the right benchmark for Lithium Royalty 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 Lithium Royalty 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 Lithium Royalty is critical whether you are bullish or bearish towards Lithium Royalty Corp at a given time. Please also check how Lithium Royalty's 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 Lithium Royalty 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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Lithium Royalty Corporate Management
Elected by the shareholders, the Lithium Royalty's board of directors comprises two types of representatives: Lithium Royalty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lithium. The board's role is to monitor Lithium Royalty's management team and ensure that shareholders' interests are well served. Lithium Royalty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lithium Royalty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Weir | Vice Development | Profile | |
| Blair Levinsky | Executive Board | Profile | |
| Mark Wellings | Vice Technical | Profile | |
| Jonida Zaganjori | Vice Relations | Profile |
How to buy Lithium Stock?
Before investing in Lithium Royalty, 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 Lithium Royalty. To buy Lithium Royalty stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lithium Royalty. 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 Lithium Royalty stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lithium Royalty Corp 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 Lithium Royalty Corp 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 Lithium Royalty Corp, 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 Lithium Royalty Corp?
The danger of trading Lithium Royalty Corp 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 Lithium Royalty 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 Lithium Royalty. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lithium Royalty Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Royalty Corp. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Lithium Stock analysis
When running Lithium Royalty's price analysis, check to measure Lithium Royalty'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 Lithium Royalty is operating at the current time. Most of Lithium Royalty's value examination focuses on studying past and present price action to predict the probability of Lithium Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Royalty's price. Additionally, you may evaluate how the addition of Lithium Royalty to your portfolios can decrease your overall portfolio volatility.
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