Mgx Minerals Stock Probability of Future Pink Sheet Price Finishing Over 0.0

MGX Minerals' future price is the expected price of MGX Minerals instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of MGX Minerals performance during a given time horizon utilizing its historical volatility. Check out MGX Minerals Backtesting, MGX Minerals Valuation, MGX Minerals Correlation, MGX Minerals Hype Analysis, MGX Minerals Volatility, MGX Minerals History as well as MGX Minerals Performance.
  
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MGX Minerals Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of MGX Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MGX Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
MGX Minerals generated a negative expected return over the last 90 days
MGX Minerals has some characteristics of a very speculative penny stock
MGX Minerals has a very high chance of going through financial distress in the upcoming years
MGX Minerals has accumulated 2.98 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MGX Minerals has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MGX Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, MGX Minerals' 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 MGX Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGX to invest in growth at high rates of return. When we think about MGX Minerals' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (23.96 M) with profit before overhead, payroll, taxes, and interest of 0.
MGX Minerals has accumulated about 12.78 K in cash with (1.14 M) of positive cash flow from operations.

MGX Minerals Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of MGX Pink Sheet often depends not only on the future outlook of the current and potential MGX Minerals' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. MGX Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding144.7 M
Short Long Term Debt648.5 K
Shares Float151.7 M

MGX Minerals Technical Analysis

MGX Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. MGX Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MGX Minerals. In general, you should focus on analyzing MGX Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

MGX Minerals Predictive Forecast Models

MGX Minerals' time-series forecasting models is one of many MGX Minerals' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary MGX Minerals' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.

Things to note about MGX Minerals

Checking the ongoing alerts about MGX Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MGX Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
MGX Minerals generated a negative expected return over the last 90 days
MGX Minerals has some characteristics of a very speculative penny stock
MGX Minerals has a very high chance of going through financial distress in the upcoming years
MGX Minerals has accumulated 2.98 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. MGX Minerals has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist MGX Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, MGX Minerals' 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 MGX Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGX to invest in growth at high rates of return. When we think about MGX Minerals' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (23.96 M) with profit before overhead, payroll, taxes, and interest of 0.
MGX Minerals has accumulated about 12.78 K in cash with (1.14 M) of positive cash flow from operations.

Other Information on Investing in MGX Pink Sheet

MGX Minerals financial ratios help investors to determine whether MGX 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 MGX with respect to the benefits of owning MGX Minerals security.