Eminent Gold Corp Stock Buy Hold or Sell Recommendation
| EMNT Stock | CAD 0.31 0.01 3.33% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Eminent Gold Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eminent Gold Corp given historical horizon and risk tolerance towards Eminent Gold. When Macroaxis issues a 'buy' or 'sell' recommendation for Eminent Gold Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eminent 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 Eminent and provide practical buy, sell, or hold advice based on investors' constraints. Eminent Gold 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 estimate.
Eminent |
Execute Eminent Gold Buy or Sell Advice
The Eminent recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eminent Gold Corp. Macroaxis does not own or have any residual interests in Eminent Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eminent Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eminent Gold Trading Alerts and Improvement Suggestions
| Eminent Gold Corp had very high historical volatility over the last 90 days | |
| Eminent Gold Corp has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.18 M) with loss before overhead, payroll, taxes, and interest of (270.79 K). | |
| Eminent Gold Corp has accumulated about 878.58 K in cash with (149.62 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Latest headline from news.google.com: Eminent Gold Driving world class gold discoveries in Nevada 2024-11-18 Investing News - Stockhouse Publishing |
Eminent Gold Returns Distribution Density
The distribution of Eminent Gold's historical returns is an attempt to chart the uncertainty of Eminent Gold's future price movements. The chart of the probability distribution of Eminent Gold daily returns describes the distribution of returns around its average expected value. We use Eminent Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eminent Gold returns is essential to provide solid investment advice for Eminent Gold.
| Mean Return | 0.23 | Value At Risk | -6.9 | Potential Upside | 10.71 | Standard Deviation | 5.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eminent 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.
Eminent Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 696.6K | 867.2K | (401.4K) | (1.1M) | 110.6K | 116.2K | |
| Net Income | (82.0K) | (1.3M) | (1.2M) | (1.5M) | (4.2M) | (4.0M) | |
| End Period Cash Flow | 697.8K | 1.6M | 1.2M | 96.4K | 207.0K | 196.7K | |
| Change To Netincome | 3.3K | 5.3K | 6.3K | 680.7K | 782.8K | 821.9K | |
| Free Cash Flow | (149.5K) | (1.3M) | (3.4M) | (2.4M) | (803.5K) | (843.6K) |
Eminent 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 Eminent 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 Eminent 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 Eminent 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 | 0.30 | |
β | Beta against Dow Jones | -0.71 | |
σ | Overall volatility | 5.10 | |
Ir | Information ratio | 0.02 |
Eminent Gold Volatility Alert
Eminent Gold Corp shows above-average downside volatility for the selected time horizon. Eminent Gold Corp is a potential penny stock. Although Eminent 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 Eminent Gold 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 Eminent 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.Eminent Gold Fundamentals Vs Peers
Comparing Eminent 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 Eminent Gold's direct or indirect competition across all of the common fundamentals between Eminent Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eminent Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eminent Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eminent Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eminent Gold to competition |
| Fundamentals | Eminent Gold | Peer Average |
| Return On Equity | -1.03 | -0.31 |
| Return On Asset | -0.57 | -0.14 |
| Current Valuation | 17.08 M | 16.62 B |
| Shares Outstanding | 54.91 M | 571.82 M |
| Shares Owned By Insiders | 11.16 % | 10.09 % |
| Number Of Shares Shorted | 5.58 K | 4.71 M |
| Price To Book | 6.68 X | 9.51 X |
| Gross Profit | (270.79 K) | 27.38 B |
| EBITDA | (927.6 K) | 3.9 B |
| Net Income | (4.18 M) | 570.98 M |
| Cash And Equivalents | 878.58 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 334.87 K | 5.32 B |
| Current Ratio | 5.47 X | 2.16 X |
| Book Value Per Share | 0.05 X | 1.93 K |
| Cash Flow From Operations | (149.62 K) | 971.22 M |
| Earnings Per Share | (0.09) X | 3.12 X |
| Beta | 1.79 | -0.15 |
| Market Capitalization | 17.02 M | 19.03 B |
| Total Asset | 3.06 M | 29.47 B |
| Retained Earnings | (9.62 M) | 9.33 B |
| Working Capital | (29.84 K) | 1.48 B |
| Net Asset | 3.06 M |
Eminent Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eminent . 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 Eminent Gold Buy or Sell Advice
When is the right time to buy or sell Eminent Gold Corp? Buying financial instruments such as Eminent 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 Eminent Stock Analysis
When running Eminent Gold's price analysis, check to measure Eminent 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 Eminent Gold is operating at the current time. Most of Eminent Gold's value examination focuses on studying past and present price action to predict the probability of Eminent 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 Eminent Gold's price. Additionally, you may evaluate how the addition of Eminent Gold to your portfolios can decrease your overall portfolio volatility.