Prime Competitors

Pink Sheets . USA . 
Stock . Prime Meridian Resources
PMDRF Stock  USD 0.11  0.01  10.00%   
Prime Meridian Resources competes with Aurion Resources, Liberty Gold, Orezone Gold, Fortuna Silver, and Sandstorm Gold; as well as few others. The company classifies itself under Basic Materials sector and is part of Gold industry. Analyzing Prime Meridian competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Prime Meridian to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Prime Meridian Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Prime Meridian competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.010.115.46
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Intrinsic
Valuation
LowRealHigh
0.000.15.45
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Prime Meridian Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Prime Meridian and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Prime and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Prime Meridian Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
IAUX
+ 0.82
ORZCF
SAND
+ 0.7
FSM
IAUX
+ 0.65
LGDTF
IAUX
+ 0.58
SAND
SAND
+ 0.57
ORZCF
ORZCF
+ 0.53
LGDTF
  
High negative correlations   
LGDTF
- 0.08
AIRRF
FSM
- 0.02
LGDTF

Risk-Adjusted Indicators

There is a big difference between Prime Pink Sheet performing well and Prime Meridian Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Prime Meridian's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Prime Meridian Competitive Analysis

The better you understand Prime Meridian competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Prime Meridian's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Prime Meridian's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PMDRF AIRRF LGDTF ORZCF FSM SAND IAUX
 10.00 
 0.11 
Prime
 4.76 
 0.40 
Aurion
 4.55 
 0.21 
Liberty
 4.65 
 0.45 
Orezone
 0.41 
 4.84 
Fortuna
 0.34 
 5.80 
Sandstorm
 7.46 
 0.72 
IAUX
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Slightly risky
Somewhat reliable
Out of control
Market Performance
(90 Days Performance)
Very Weak
Weak
Very Weak
Very Weak
Weak
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
High
Quite High
Quite High
Below Average
Low
Very Small
Above Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Buy
Buy
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Hold
Strong Sell
Current Ratio
0.20 X
16.90 X
11.92 X
0.68 X
2.26 X
2.49 X
2.26 X
Net Asset
627.1 K
65.35 M
53.33 M
140.5 M
1.96 B
1.93 B
723.69 M
Profit Margin
N/A
N/A
N/A
N/A
0.02 %
0.20 %
(2.31) %
EBITDA
(1.13 M)
(7.24 M)
(29.12 M)
(18.43 M)
230.79 M
167.51 M
(32.83 M)
Current Valuation
3.92 M
35.27 M
107.07 M
412.69 M
1.57 B
2.1 B
436.76 M
Price To Book
N/A
1.08 X
2.98 X
4.22 X
1.10 X
1.21 X
0.62 X
Operating Margin
N/A
N/A
N/A
N/A
0.25 %
0.44 %
(1.66) %
Retained Earnings
N/A
N/A
N/A
N/A
87.65 M
122.92 M
(82.32 M)
Current Asset
N/A
N/A
N/A
N/A
128.04 M
9.22 M
N/A
Beta
2.34
1.6
1.33
0.76
1.63
1.15
1.79
Number Of Employees
5
14
21
178
N/A
N/A
116
Shares Outstanding
85.85 M
117.86 M
317.83 M
334.62 M
313.33 M
296.84 M
404.79 M
Cash Flow From Operations
(1.12 M)
(1.97 M)
(20.94 M)
(5.94 M)
302.35 M
119.18 M
(54.62 M)
Annual Yield
N/A
N/A
N/A
N/A
N/A
0.01 %
N/A
Total Debt
1.46 M
30.38 K
453.66 K
45.83 M
264.25 M
435 M
180.27 M
Return On Equity
N/A
-0.14
-0.56
-0.12
0.0259
0.0256
-0.28
Z Score
-0.3
N/A
N/A
4.2
N/A
N/A
N/A
Return On Asset
-2.07
-0.0569
-0.37
-0.0539
0.0404
0.021
-0.0609
Book Value Per Share
(0.02) X
0.49 X
0.14 X
0.22 X
4.53 X
4.83 X
1.11 X
Number Of Shares Shorted
N/A
N/A
N/A
N/A
13.25 M
2.93 M
30.15 M
Current Liabilities
N/A
N/A
N/A
N/A
34.15 M
3.63 M
N/A
Total Asset
627.1 K
65.35 M
53.33 M
140.5 M
1.96 B
1.93 B
723.69 M
Debt To Equity
N/A
N/A
0.01 %
1.60 %
0.17 %
0 %
0.29 %
Short Ratio
N/A
N/A
N/A
N/A
1.50 X
1.01 X
7.04 X
Target Price
N/A
N/A
N/A
N/A
6.75
8.25
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
0.061
N/A
Shares Owned By Institutions
N/A
18.78 %
29.21 %
30.62 %
63.70 %
56.20 %
53.48 %
Market Capitalization
7.46 M
55.98 M
125.95 M
329.7 M
1.51 B
1.74 B
281.78 M
Price To Earning
N/A
(202.00) X
10.89 X
(8.57) X
29.83 X
34.67 X
4.04 X
Price To Sales
N/A
N/A
N/A
N/A
1.48 X
10.01 X
5.32 X
Net Income
(1.3 M)
(7.38 M)
(29.74 M)
(18.57 M)
(51.77 M)
41.72 M
(65.2 M)
Earnings Per Share
(0.01) X
(0.05) X
(0.12) X
(0.06) X
0.07 X
0.12 X
(0.37) X
Shares Owned By Insiders
14.68 %
10.86 %
6.42 %
3.38 %
0.83 %
1.20 %
2.69 %
Revenue
N/A
N/A
N/A
N/A
842.43 M
179.64 M
54.91 M
Working Capital
N/A
N/A
N/A
N/A
89.56 M
37.59 M
(21.04 M)
Cash And Equivalents
6.83 K
19.38 M
26.54 M
23.56 M
116.37 M
23.82 M
75.99 M
Cash Per Share
N/A
0.17 X
0.08 X
0.07 X
0.40 X
0.12 X
0.32 X
Gross Profit
N/A
(8.48 K)
N/A
N/A
146.8 M
117.93 M
4.85 M
Day Typical Price
0.11
0.4
0.21
0.44
4.83
5.79
0.72
Accumulation Distribution
N/A
0.0244
N/A
433.33
190606.0
35122.43
2.2 M
Market Facilitation Index
N/A
0.01
N/A
0.0
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
(2.00)
(9,223,372,036,855)
0.6667
0.1429
(0.22)
0.4167
Period Momentum Indicator
0.01
(0.02)
(0.01)
0.02
0.02
(0.02)
0.05
Rate Of Daily Change
1.1
0.95
0.95
1.05
1.0
1.0
1.07
Day Median Price
0.11
0.41
0.21
0.44
4.83
5.79
0.72
Price Action Indicator
0.005
(0.01)
(0.01)
0.025
0.02
0.005
0.025
Coefficient Of Variation
(1,807)
21655.71
(1,262)
(1,307)
7551.75
2512.68
(6,457)
Mean Deviation
1.2
2.3
3.12
2.78
2.36
1.72
4.53
Jensen Alpha
(0.40)
0.0829
(0.41)
(0.32)
(0.05)
0.0578
(0.29)
Total Risk Alpha
(1.11)
(0.50)
(0.96)
(0.88)
(0.48)
(0.28)
(1.60)
Sortino Ratio
N/A
(0.03)
N/A
N/A
(0.03)
(0.01)
N/A
Downside Variance
N/A
20.51
N/A
N/A
10.99
6.36
N/A
Standard Deviation
5.23
3.25
4.05
3.77
3.28
2.37
9.29
Kurtosis
53.55
0.1347
(0.10)
1.09
1.75
2.97
21.53
Potential Upside
N/A
5.13
4.76
5.36
4.66
3.33
10.28
Treynor Ratio
(0.36)
(0.01)
(0.52)
(1.44)
0.0482
0.375
(0.13)
Maximum Drawdown
40.0
15.14
18.8
22.11
17.32
15.6
66.32
Variance
27.3
10.57
16.38
14.21
10.77
5.64
86.28
Market Risk Adjusted Performance
(0.35)
0.0024
(0.51)
(1.43)
0.0582
0.385
(0.12)
Risk Adjusted Performance
(0.03)
0.0112
(0.05)
(0.05)
0.0178
0.0372
(0)
Skewness
(6.76)
(0.28)
(0.02)
(0.39)
0.2423
(0.43)
(2.60)
Semi Deviation
N/A
2.93
N/A
N/A
3.15
2.38
N/A
Information Ratio
(0.08)
(0.03)
(0.11)
(0.11)
(0.03)
(0.01)
(0.03)
Value At Risk
N/A
(6.12)
(6.90)
(6.82)
(5.13)
(2.56)
(4.72)
Expected Short fall
N/A
(3.47)
N/A
N/A
(2.48)
(1.81)
N/A
Downside Deviation
N/A
4.53
N/A
N/A
3.32
2.52
N/A
Semi Variance
N/A
8.57
N/A
N/A
9.95
5.67
N/A

Prime Meridian Competition Performance Charts

Five steps to successful analysis of Prime Meridian Competition

Prime Meridian's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Prime Meridian Resources in relation to its competition. Prime Meridian's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Prime Meridian in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Prime Meridian's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Prime Meridian Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Prime Meridian position

In addition to having Prime Meridian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Asset Management
Asset Management Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in Prime Pink Sheet

Prime Meridian financial ratios help investors to determine whether Prime Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prime with respect to the benefits of owning Prime Meridian security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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