Carlin Gold Stock Buy Hold or Sell Recommendation
| CGD Stock | CAD 0.18 0.00 0.00% |
Assuming the 90 days horizon and your slightly conservative level of risk, our recommendation regarding Carlin Gold is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Carlin Gold given historical horizon and risk tolerance towards Carlin Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Carlin Gold, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Carlin Gold 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. Note, we conduct extensive research on individual companies such as Carlin and provide practical buy, sell, or hold advice based on investors' constraints. Carlin Gold. 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.
Carlin |
Execute Carlin Gold Buy or Sell Advice
The Carlin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Carlin Gold. Macroaxis does not own or have any residual interests in Carlin Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Carlin Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Carlin Gold Trading Alerts and Improvement Suggestions
| Carlin Gold generated a negative expected return over the last 90 days | |
| Carlin Gold has some characteristics of a very speculative penny stock | |
| Carlin Gold has high historical volatility and very poor performance | |
| Carlin Gold has accumulated 26.11 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Carlin Gold has a current ratio of 0.51, 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 Carlin Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Carlin Gold's 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 Carlin Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carlin to invest in growth at high rates of return. When we think about Carlin Gold's use of debt, we should always consider it together with cash and equity. | |
| Carlin Gold has accumulated about 225.19 K in cash with (213.74 K) of positive cash flow from operations. | |
| Roughly 47.0% of Carlin Gold shares are held by company insiders | |
| Latest headline from news.google.com: Ridgeline Minerals Hits Record 10.4 gt Gold at Swift Project with Nevada Gold Mines RDGMF Stock News - StockTitan |
Carlin Gold Returns Distribution Density
The distribution of Carlin Gold's historical returns is an attempt to chart the uncertainty of Carlin Gold's future price movements. The chart of the probability distribution of Carlin Gold daily returns describes the distribution of returns around its average expected value. We use Carlin Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Carlin Gold returns is essential to provide solid investment advice for Carlin Gold.
| Mean Return | -0.08 | Value At Risk | -5 | Potential Upside | 0.00 | Standard Deviation | 4.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Carlin Gold 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.
Carlin Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (18.7K) | 44.7K | (54.9K) | 180.0K | 549.0K | 576.4K | |
| Depreciation | 56.8K | 30.5K | 19.3K | 14.2K | 12.8K | 12.2K | |
| Capital Expenditures | 52.6K | 106.7K | 74.6K | 62.3K | 50.1K | 43.6K | |
| Net Income | (87.4K) | 154.7K | 77.8K | 388.6K | 563.2K | 591.4K | |
| Change To Netincome | 24.3K | (60.4K) | (290.0K) | (184.9K) | (166.4K) | (158.1K) | |
| Investments | 12.9K | 110.1K | 15.7K | 153.7K | 178.9K | 187.9K | |
| End Period Cash Flow | 29.1K | 73.9K | 19.0K | 199.0K | 748.0K | 785.4K | |
| Free Cash Flow | (17.3K) | (46.3K) | (70.6K) | 26.4K | (213.7K) | (203.1K) | |
| Other Non Cash Items | (12.5K) | (223K) | (112.5K) | (409K) | (368.1K) | (349.7K) |
Carlin Gold 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 Carlin Gold 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 Carlin Gold's 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 Carlin 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 | -0.04 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 4.35 | |
Ir | Information ratio | -0.05 |
Carlin Gold Volatility Alert
Carlin Gold exhibits very low volatility with skewness of 2.71 and kurtosis of 27.56. Carlin Gold is a potential penny stock. Although Carlin Gold may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Carlin Gold. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Carlin 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.Carlin Gold Fundamentals Vs Peers
Comparing Carlin Gold's 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 Carlin Gold's direct or indirect competition across all of the common fundamentals between Carlin Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Carlin Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Carlin Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Carlin Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Carlin Gold to competition |
| Fundamentals | Carlin Gold | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | -0.0528 | -0.14 |
| Current Valuation | 1.3 M | 16.62 B |
| Shares Outstanding | 18.54 M | 571.82 M |
| Shares Owned By Insiders | 47.09 % | 10.09 % |
| Number Of Shares Shorted | 20 | 4.71 M |
| Price To Earning | (17.50) X | 28.72 X |
| Price To Book | 0.81 X | 9.51 X |
| EBITDA | (305.83 K) | 3.9 B |
| Net Income | 563.23 K | 570.98 M |
| Cash And Equivalents | 225.19 K | 2.7 B |
| Total Debt | 26.11 K | 5.32 B |
| Debt To Equity | 1.60 % | 48.70 % |
| Current Ratio | 0.52 X | 2.16 X |
| Book Value Per Share | 0.22 X | 1.93 K |
| Cash Flow From Operations | (213.74 K) | 971.22 M |
| Short Ratio | 0.06 X | 4.00 X |
| Earnings Per Share | 0.04 X | 3.12 X |
| Beta | 0.86 | -0.15 |
| Market Capitalization | 3.25 M | 19.03 B |
| Total Asset | 3.99 M | 29.47 B |
| Retained Earnings | (7.95 M) | 9.33 B |
| Working Capital | 1.93 M | 1.48 B |
| Net Asset | 3.99 M |
Carlin Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Carlin . 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.
About Carlin Gold Buy or Sell Advice
When is the right time to buy or sell Carlin Gold? Buying financial instruments such as Carlin 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.
Please read more on our stock advisor page.
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Additional Tools for Carlin Stock Analysis
When running Carlin Gold's price analysis, check to measure Carlin Gold's 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 Carlin Gold is operating at the current time. Most of Carlin Gold's value examination focuses on studying past and present price action to predict the probability of Carlin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlin Gold's price. Additionally, you may evaluate how the addition of Carlin Gold to your portfolios can decrease your overall portfolio volatility.