Almaden Minerals Stock Buy Hold or Sell Recommendation
| AMM Stock | CAD 0.06 0.01 8.33% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Almaden Minerals is 'Strong Sell'. The recommendation algorithm takes into account all of Almaden Minerals' available fundamental, technical, and predictive indicators you will find on this site.
Check out Almaden Minerals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Almaden and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Almaden Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Almaden |
Execute Almaden Minerals Buy or Sell Advice
The Almaden recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Almaden Minerals. Macroaxis does not own or have any residual interests in Almaden Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Almaden Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Almaden Minerals Trading Alerts and Improvement Suggestions
| Almaden Minerals had very high historical volatility over the last 90 days | |
| Almaden Minerals has some characteristics of a very speculative penny stock | |
| Almaden Minerals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (63.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Almaden Minerals has accumulated about 1.72 M in cash with (1.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Almadex Minerals Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Almaden Minerals Returns Distribution Density
The distribution of Almaden Minerals' historical returns is an attempt to chart the uncertainty of Almaden Minerals' future price movements. The chart of the probability distribution of Almaden Minerals daily returns describes the distribution of returns around its average expected value. We use Almaden Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Almaden Minerals returns is essential to provide solid investment advice for Almaden Minerals.
| Mean Return | -0.27 | Value At Risk | -14.29 | Potential Upside | 16.67 | Standard Deviation | 7.94 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Almaden Minerals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Almaden Minerals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (4.2M) | 1.6M | 7.6M | (3.5M) | 115.9K | 220.2K | |
| Free Cash Flow | (5.6M) | (3.0M) | (4.4M) | (3.4M) | (2.3M) | (2.4M) | |
| Depreciation | 145.6K | 141.0K | 138.1K | 121.2K | 112.9K | 154.5K | |
| Other Non Cash Items | 266.9K | 371.3K | (1.3M) | 7.5M | 65.1M | 68.4M | |
| Capital Expenditures | 3.8M | 1.8M | 2.8M | 1.7M | 801.3K | 761.2K | |
| Net Income | (3.8M) | (3.1M) | (2.7M) | (11.8M) | (63.6M) | (60.4M) | |
| End Period Cash Flow | 912.2K | 2.5M | 10.2M | 6.7M | 1.7M | 1.6M | |
| Investments | (3.8M) | (1.8M) | (2.8M) | (1.7M) | (801.3K) | (841.4K) | |
| Change To Netincome | 751.4K | 1.8M | 877.8K | 10.3M | 11.9M | 12.5M |
Almaden Minerals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Almaden Minerals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Almaden Minerals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Almaden stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | -2.8 | |
σ | Overall volatility | 7.76 | |
Ir | Information ratio | -0.05 |
Almaden Minerals Volatility Alert
Almaden Minerals is displaying above-average volatility over the selected time horizon. Almaden Minerals is a penny stock. Although Almaden Minerals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Almaden Minerals. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Almaden instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Almaden Minerals Fundamentals Vs Peers
Comparing Almaden Minerals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Almaden Minerals' direct or indirect competition across all of the common fundamentals between Almaden Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Almaden Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Almaden Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Almaden Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Almaden Minerals to competition |
| Fundamentals | Almaden Minerals | Peer Average |
| Return On Equity | -1.77 | -0.31 |
| Return On Asset | -0.94 | -0.14 |
| Current Valuation | 10 M | 16.62 B |
| Shares Outstanding | 137.22 M | 571.82 M |
| Shares Owned By Insiders | 3.82 % | 10.09 % |
| Shares Owned By Institutions | 0.12 % | 39.21 % |
| Number Of Shares Shorted | 721 | 4.71 M |
| Price To Earning | (31.78) X | 28.72 X |
| Price To Book | 1.77 X | 9.51 X |
| EBITDA | (4.44 M) | 3.9 B |
| Net Income | (63.62 M) | 570.98 M |
| Cash And Equivalents | 1.72 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 4.75 M | 5.32 B |
| Debt To Equity | 3.90 % | 48.70 % |
| Current Ratio | 5.41 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (1.48 M) | 971.22 M |
| Short Ratio | 0.04 X | 4.00 X |
| Earnings Per Share | (0.46) X | 3.12 X |
| Target Price | 1.55 | |
| Number Of Employees | 8 | 18.84 K |
| Beta | 1.08 | -0.15 |
| Market Capitalization | 7.55 M | 19.03 B |
| Total Asset | 12.71 M | 29.47 B |
| Retained Earnings | (157.39 M) | 9.33 B |
| Working Capital | 4.83 M | 1.48 B |
| Net Asset | 12.71 M |
Almaden Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Almaden . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 0.055 | |||
| Day Typical Price | 0.055 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) |
About Almaden Minerals Buy or Sell Advice
When is the right time to buy or sell Almaden Minerals? Buying financial instruments such as Almaden Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in Almaden Stock
Almaden Minerals financial ratios help investors to determine whether Almaden Stock 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 Almaden with respect to the benefits of owning Almaden Minerals security.