Tectonic Metals Stock Today

TECT Stock  CAD 0.06  0.01  9.09%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 84

 
High
 
Low
Very High
Tectonic Metals is selling for under 0.06 as of the 31st of October 2024; that is 9.09 percent increase since the beginning of the trading day. The stock's lowest day price was 0.06. Tectonic Metals has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Tectonic Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2024 and ending today, the 31st of October 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Tectonic Metals Inc. engages in the identification, acquisition, and exploration of mineral properties in the United States and Canada. The company was incorporated in 2017 and is headquartered in Vancouver, Canada. TECTONIC METALS operates under Gold classification in Exotistan and is traded on Commodity Exchange.. The company has 391.66 M outstanding shares of which 478.52 K shares are at this time shorted by private and institutional investors with about 0.09 days to cover all short positions. More on Tectonic Metals

Moving against Tectonic Stock

  0.43ELF E L FinancialPairCorr
  0.37BRK Berkshire Hathaway CDRPairCorr
  0.34SEC Senvest CapitalPairCorr

Tectonic 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. Tectonic Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tectonic Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Tectonic Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tectonic Metals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Tectonic Metals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tectonic Metals' financial leverage. It provides some insight into what part of Tectonic Metals' total assets is financed by creditors.
Liquidity
Tectonic Metals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Tectonic Metals has accumulated 1.1 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Tectonic Metals has a current ratio of 8.33, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Tectonic Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Tectonic Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tectonic Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tectonic to invest in growth at high rates of return. When we think about Tectonic Metals' use of debt, we should always consider it together with cash and equity.

Net Income

(9.12 Million)
Tectonic Metals (TECT) is traded on TSX Venture Exchange in Canada and employs 4 people. Tectonic Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 23.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tectonic Metals's market, we take the total number of its shares issued and multiply it by Tectonic Metals'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. Tectonic Metals operates under Metals & Mining sector and is part of Materials industry. The entity has 391.66 M outstanding shares of which 478.52 K shares are at this time shorted by private and institutional investors with about 0.09 days to cover all short positions. Tectonic Metals has accumulated about 8.67 M in cash with (9.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Tectonic Metals Probability Of Bankruptcy
Ownership Allocation
Tectonic Metals shows a total of 391.66 Million outstanding shares. Tectonic Metals has 10.0 % of its outstanding shares held by insiders and 21.95 % owned by institutional holders. Please note that no matter how many assets the company owns, 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 Tectonic Ownership Details

Tectonic Metals Risk Profiles

Although Tectonic Metals' alpha and beta are two of the key measurements used to evaluate Tectonic Metals' performance over the market, the standard measures of volatility play an important role as well.

Tectonic Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tectonic Metals 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?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Tectonic Metals Corporate Management

Elected by the shareholders, the Tectonic Metals' board of directors comprises two types of representatives: Tectonic Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tectonic. The board's role is to monitor Tectonic Metals' management team and ensure that shareholders' interests are well served. Tectonic Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tectonic Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Antonio RedaPresident, FounderProfile
BA MAFounder DirectorProfile
Eira BScFounder AdvisorProfile
MSc MScVP ExplorationProfile

Additional Tools for Tectonic Stock Analysis

When running Tectonic Metals' price analysis, check to measure Tectonic Metals' 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 Tectonic Metals is operating at the current time. Most of Tectonic Metals' value examination focuses on studying past and present price action to predict the probability of Tectonic Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Metals' price. Additionally, you may evaluate how the addition of Tectonic Metals to your portfolios can decrease your overall portfolio volatility.