Emerita Resources Corp Stock Buy Hold or Sell Recommendation
| EMO Stock | CAD 0.59 0.01 1.72% |
Assuming the 90 days horizon and your conservative risk appetite, our recommendation regarding Emerita Resources Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Emerita Resources Corp given historical horizon and risk tolerance towards Emerita Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Emerita Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Emerita Resources 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 Emerita and provide practical buy, sell, or hold advice based on investors' constraints. Emerita Resources 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.
Emerita |
Execute Emerita Resources Buy or Sell Advice
The Emerita recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Emerita Resources Corp. Macroaxis does not own or have any residual interests in Emerita Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Emerita Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Emerita Resources Trading Alerts and Improvement Suggestions
| Emerita Resources has some characteristics of a very speculative penny stock | |
| Emerita Resources had very high historical volatility over the last 90 days | |
| Emerita Resources Corp has accumulated 1.58 M in total debt. Emerita Resources Corp has a current ratio of 0.14, 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 Emerita Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Emerita Resources' 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 Emerita Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emerita to invest in growth at high rates of return. When we think about Emerita Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (21.49 M) with loss before overhead, payroll, taxes, and interest of (9.6 M). | |
| Emerita Resources Corp has accumulated about 36.79 K in cash with (21.07 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Exploration Expansion Targets High-Grade Copper Potential in Nevada - Streetwise Reports |
Emerita Resources Returns Distribution Density
The distribution of Emerita Resources' historical returns is an attempt to chart the uncertainty of Emerita Resources' future price movements. The chart of the probability distribution of Emerita Resources daily returns describes the distribution of returns around its average expected value. We use Emerita Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Emerita Resources returns is essential to provide solid investment advice for Emerita Resources.
| Mean Return | -0.07 | Value At Risk | -4.41 | Potential Upside | 6.45 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Emerita Resources 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.
Emerita Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 708.3K | 26.0M | (6.7M) | (10.3M) | (11.9M) | (11.3M) | |
| Free Cash Flow | (1.6M) | (4.3M) | (12.6M) | (21.2M) | (19.0M) | (18.1M) | |
| Other Non Cash Items | 68.0K | 987.0 | (74.7K) | (95.6K) | (86.0K) | (81.7K) | |
| Net Income | (1.2M) | (17.2M) | (20.7M) | (21.5M) | (19.3M) | (18.4M) | |
| End Period Cash Flow | 778.1K | 26.8M | 20.1M | 9.8M | 11.2M | 11.8M | |
| Depreciation | 2.2K | 4.9K | 14.7K | 33.2K | 38.2K | 40.1K | |
| Change To Netincome | 757.0K | (297.1K) | 13.2M | 9.0M | 10.4M | 10.9M | |
| Investments | 0.0 | (79.2K) | (555.4K) | (62.0K) | (55.8K) | (58.6K) |
Emerita Resources 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 Emerita Resources 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 Emerita Resources' 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 Emerita 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 | -0.31 | |
σ | Overall volatility | 3.48 | |
Ir | Information ratio | -0.06 |
Emerita Resources Volatility Alert
Emerita Resources Corp exhibits very low volatility with skewness of 1.06 and kurtosis of 1.93. Emerita Resources Corp is a potential penny stock. Although Emerita Resources 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 Emerita Resources 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 Emerita 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.Emerita Resources Fundamentals Vs Peers
Comparing Emerita Resources' 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 Emerita Resources' direct or indirect competition across all of the common fundamentals between Emerita Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Emerita Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Emerita Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Emerita Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Emerita Resources to competition |
| Fundamentals | Emerita Resources | Peer Average |
| Return On Equity | -1.27 | -0.31 |
| Return On Asset | -0.74 | -0.14 |
| Current Valuation | 139.31 M | 16.62 B |
| Shares Outstanding | 247.36 M | 571.82 M |
| Shares Owned By Insiders | 5.36 % | 10.09 % |
| Shares Owned By Institutions | 1.18 % | 39.21 % |
| Number Of Shares Shorted | 61.25 K | 4.71 M |
| Price To Book | 19.38 X | 9.51 X |
| Gross Profit | (9.6 M) | 27.38 B |
| EBITDA | (21.9 M) | 3.9 B |
| Net Income | (21.49 M) | 570.98 M |
| Cash And Equivalents | 36.79 K | 2.7 B |
| Total Debt | 1.58 M | 5.32 B |
| Current Ratio | 0.14 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (21.07 M) | 971.22 M |
| Short Ratio | 0.48 X | 4.00 X |
| Earnings Per Share | (0.06) X | 3.12 X |
| Target Price | 3.5 | |
| Beta | 5.03 | -0.15 |
| Market Capitalization | 143.47 M | 19.03 B |
| Total Asset | 13.27 M | 29.47 B |
| Retained Earnings | (76.01 M) | 9.33 B |
| Working Capital | 11 M | 1.48 B |
| Net Asset | 13.27 M |
Emerita Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Emerita . 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.
| Accumulation Distribution | 6438.86 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 0.57 | |||
| Day Typical Price | 0.58 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.01 |
About Emerita Resources Buy or Sell Advice
When is the right time to buy or sell Emerita Resources Corp? Buying financial instruments such as Emerita 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 Emerita Stock Analysis
When running Emerita Resources' price analysis, check to measure Emerita Resources' 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 Emerita Resources is operating at the current time. Most of Emerita Resources' value examination focuses on studying past and present price action to predict the probability of Emerita Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emerita Resources' price. Additionally, you may evaluate how the addition of Emerita Resources to your portfolios can decrease your overall portfolio volatility.