Elemental Royalties Corp Stock Buy Hold or Sell Recommendation
| ELE Stock | 1.15 0.01 0.88% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Elemental Royalties Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Elemental Royalties Corp given historical horizon and risk tolerance towards Elemental Royalties. When Macroaxis issues a 'buy' or 'sell' recommendation for Elemental Royalties Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Elemental Royalties 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 Elemental and provide practical buy, sell, or hold advice based on investors' constraints. Elemental Royalties Corp. 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.
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Execute Elemental Royalties Buy or Sell Advice
The Elemental recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Elemental Royalties Corp. Macroaxis does not own or have any residual interests in Elemental Royalties Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Elemental Royalties' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Elemental Royalties Trading Alerts and Improvement Suggestions
| Elemental Royalties may become a speculative penny stock | |
| The company reported the revenue of 11.74 M. Net Loss for the year was (3.9 M) with profit before overhead, payroll, taxes, and interest of 9.19 M. | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Elemental Altus Royalties Q3 Financial Statements Management Discussion Analysis 2024 MDA - Marketscreener.com |
Elemental Royalties Returns Distribution Density
The distribution of Elemental Royalties' historical returns is an attempt to chart the uncertainty of Elemental Royalties' future price movements. The chart of the probability distribution of Elemental Royalties daily returns describes the distribution of returns around its average expected value. We use Elemental Royalties Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Elemental Royalties returns is essential to provide solid investment advice for Elemental Royalties.
| Mean Return | 0.11 | Value At Risk | -3.67 | Potential Upside | 3.36 | Standard Deviation | 2.60 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Elemental Royalties 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.
Elemental Royalties Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 606.4K | 10.1M | (4.8M) | 11.4M | (6.2M) | (5.9M) | |
| Net Borrowings | (1.5M) | 1.9M | 24.8M | 3.9M | 4.5M | 6.0M | |
| Depreciation | 706.7K | 1.7M | 2.9M | 36K | 62K | 58.9K | |
| Capital Expenditures | 503.2K | 11.1M | 40.1M | 12.7M | 5.6M | 11.0M | |
| Net Income | (81.8K) | (2.6M) | (4.7M) | (18.2M) | (3.9M) | (4.1M) | |
| Change To Netincome | 337.2K | 2.9M | 3.7M | 12.0M | 13.8M | 14.4M | |
| End Period Cash Flow | 812.6K | 10.9M | 6.1M | 17.5M | 11.3M | 8.6M |
Elemental Royalties 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 Elemental Royalties 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 Elemental Royalties' 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 Elemental 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 | 0.08 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.0088 |
Elemental Royalties Volatility Alert
Elemental Royalties Corp currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of 0.08. Elemental Royalties Corp is a potential penny stock. Although Elemental Royalties 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 Elemental Royalties Corp. 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 Elemental 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.Elemental Royalties Fundamentals Vs Peers
Comparing Elemental Royalties' 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 Elemental Royalties' direct or indirect competition across all of the common fundamentals between Elemental Royalties and the related equities. This way, we can detect undervalued stocks with similar characteristics as Elemental Royalties or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Elemental Royalties' fundamental indicators could also be used in its relative valuation, which is a method of valuing Elemental Royalties by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Elemental Royalties to competition |
| Fundamentals | Elemental Royalties | Peer Average |
| Return On Equity | -0.0071 | -0.31 |
| Return On Asset | -0.0059 | -0.14 |
| Profit Margin | (0.12) % | (1.27) % |
| Operating Margin | (0.04) % | (5.51) % |
| Current Valuation | 301.98 M | 16.62 B |
| Shares Outstanding | 245.76 M | 571.82 M |
| Shares Owned By Insiders | 52.28 % | 10.09 % |
| Shares Owned By Institutions | 4.50 % | 39.21 % |
| Number Of Shares Shorted | 15.14 K | 4.71 M |
| Price To Book | 1.30 X | 9.51 X |
| Price To Sales | 21.06 X | 11.42 X |
| Revenue | 11.74 M | 9.43 B |
| Gross Profit | 9.19 M | 27.38 B |
| EBITDA | 4.92 M | 3.9 B |
| Net Income | (3.9 M) | 570.98 M |
| Total Debt | 33.72 M | 5.32 B |
| Book Value Per Share | 0.79 X | 1.93 K |
| Cash Flow From Operations | 1.99 M | 971.22 M |
| Short Ratio | 1.70 X | 4.00 X |
| Earnings Per Share | 0.01 X | 3.12 X |
| Target Price | 2.04 | |
| Beta | 0.53 | -0.15 |
| Market Capitalization | 282.63 M | 19.03 B |
| Total Asset | 188.92 M | 29.47 B |
| Retained Earnings | (29.17 M) | 9.33 B |
| Working Capital | 16.79 M | 1.48 B |
| Net Asset | 188.92 M |
Elemental Royalties Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Elemental . 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 Elemental Royalties Buy or Sell Advice
When is the right time to buy or sell Elemental Royalties Corp? Buying financial instruments such as Elemental 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 Elemental Stock Analysis
When running Elemental Royalties' price analysis, check to measure Elemental Royalties' 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 Elemental Royalties is operating at the current time. Most of Elemental Royalties' value examination focuses on studying past and present price action to predict the probability of Elemental Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elemental Royalties' price. Additionally, you may evaluate how the addition of Elemental Royalties to your portfolios can decrease your overall portfolio volatility.