Metallis Resources Stock Today
| MTLFF Stock | USD 0.07 0 1.52% |
Performance12 of 100
| Odds Of DistressOver 55
|
Metallis Resources is trading at 0.065 as of the 1st of May 2024. This is a -1.52 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.065. Metallis Resources has over 55 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Equity ratings for Metallis Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Metallis Resources Inc. engages in the exploration and development of mineral properties in Canada. Metallis Resources Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Metallis Res is traded on OTC Exchange in the United States. The company has 60.54 M outstanding shares. More on Metallis Resources
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Follow Valuation Odds of Bankruptcy
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Metallis OTC 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. Metallis Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Metallis Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Fiore Aliperti |
| Business Concentration | Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Metallis Resources [MTLFF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Metallis Resources's market, we take the total number of its shares issued and multiply it by Metallis Resources'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. Metallis Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 60.54 M outstanding shares.
Metallis Resources has accumulated about 2.04 M in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Metallis Resources Probability Of Bankruptcy
Ownership AllocationMetallis Resources maintains a total of 60.54 Million outstanding shares. Metallis Resources secures 6.15 % of its outstanding shares held by insiders and 6.56 % owned by institutional investors. 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.
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Metallis Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Metallis Resources jumping above the current price in 90 days from now is about 19.49%. The Metallis Resources probability density function shows the probability of Metallis Resources otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Metallis Resources has a beta of 0.0573. This indicates as returns on the market go up, Metallis Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Metallis Resources will be expected to be much smaller as well. Moreover, metallis Resources has an alpha of 1.8265, implying that it can generate a 1.83 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Metallis Resources to move above the current price in 90 days from now is about 19.49 (This Metallis Resources probability density function shows the probability of Metallis OTC Stock to fall within a particular range of prices over 90 days) .
Metallis Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Metallis Resources market risk premium is the additional return an investor will receive from holding Metallis Resources 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 Metallis Resources. 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 Metallis Resources' alpha and beta are two of the key measurements used to evaluate Metallis Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.05 | |||
| Semi Deviation | 4.3 | |||
| Standard Deviation | 10.75 | |||
| Variance | 115.46 |
Metallis Stock Against Markets
Picking the right benchmark for Metallis Resources otc 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 Metallis Resources otc 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 Metallis Resources is critical whether you are bullish or bearish towards Metallis Resources at a given time. Please also check how Metallis Resources' 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 Metallis Resources 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 Metallis OTC Stock?
Before investing in Metallis Resources, 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 Metallis Resources. To buy Metallis Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Metallis Resources. 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 Metallis Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Metallis Resources 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 Metallis Resources 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 Metallis Resources, 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 Metallis Resources?
The danger of trading Metallis Resources is mainly related to its market volatility and OTC Stock 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 Metallis Resources 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 Metallis Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Metallis Resources 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 Metallis Resources. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Metallis Resources information on this page should be used as a complementary analysis to other Metallis Resources' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Metallis OTC Stock analysis
When running Metallis Resources' price analysis, check to measure Metallis Resources' 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 Metallis Resources is operating at the current time. Most of Metallis Resources' value examination focuses on studying past and present price action to predict the probability of Metallis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metallis Resources' price. Additionally, you may evaluate how the addition of Metallis Resources to your portfolios can decrease your overall portfolio volatility.
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