Eskay Mining Corp Stock Buy Hold or Sell Recommendation
| ESK Stock | CAD 0.14 0.02 12.50% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Eskay Mining Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Eskay Mining Corp given historical horizon and risk tolerance towards Eskay Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for Eskay Mining Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Eskay Mining 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 Eskay and provide practical buy, sell, or hold advice based on investors' constraints. Eskay Mining 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.
Eskay |
Execute Eskay Mining Buy or Sell Advice
The Eskay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Eskay Mining Corp. Macroaxis does not own or have any residual interests in Eskay Mining Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Eskay Mining'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 | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Eskay Mining Trading Alerts and Improvement Suggestions
| Eskay Mining Corp generated a negative expected return over the last 90 days | |
| Eskay Mining Corp has some characteristics of a very speculative penny stock | |
| Eskay Mining Corp has high historical volatility and very poor performance | |
| Net Loss for the year was (2.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eskay Mining Corp has accumulated about 2.61 M in cash with (107.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 17.0% of the company shares are held by company insiders |
Eskay Mining Returns Distribution Density
The distribution of Eskay Mining's historical returns is an attempt to chart the uncertainty of Eskay Mining's future price movements. The chart of the probability distribution of Eskay Mining daily returns describes the distribution of returns around its average expected value. We use Eskay Mining Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Eskay Mining returns is essential to provide solid investment advice for Eskay Mining.
| Mean Return | -0.26 | Value At Risk | -6.25 | Potential Upside | 10.00 | Standard Deviation | 5.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Eskay Mining 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.
Eskay Mining 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 Eskay Mining 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 Eskay Mining'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 Eskay 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 | -0.36 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 4.96 | |
Ir | Information ratio | -0.08 |
Eskay Mining Volatility Alert
Eskay Mining Corp exhibits very low volatility with skewness of 0.47 and kurtosis of 0.34. Eskay Mining Corp is a potential penny stock. Although Eskay Mining 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 Eskay Mining 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 Eskay 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.Eskay Mining Fundamentals Vs Peers
Comparing Eskay Mining'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 Eskay Mining's direct or indirect competition across all of the common fundamentals between Eskay Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Eskay Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Eskay Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Eskay Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Eskay Mining to competition |
| Fundamentals | Eskay Mining | Peer Average |
| Return On Equity | -0.95 | -0.31 |
| Return On Asset | -0.51 | -0.14 |
| Current Valuation | 27.1 M | 16.62 B |
| Shares Outstanding | 183.82 M | 571.82 M |
| Shares Owned By Insiders | 16.90 % | 10.09 % |
| Shares Owned By Institutions | 17.57 % | 39.21 % |
| Number Of Shares Shorted | 710 | 4.71 M |
| Price To Earning | (25.45) X | 28.72 X |
| Price To Book | 5.57 X | 9.51 X |
| EBITDA | (5.77 M) | 3.9 B |
| Net Income | (2.8 M) | 570.98 M |
| Cash And Equivalents | 2.61 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 379.08 K | 5.32 B |
| Current Ratio | 5.49 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (107.11 K) | 971.22 M |
| Short Ratio | 0.01 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 1.4 | |
| Beta | 1.42 | -0.15 |
| Market Capitalization | 29.41 M | 19.03 B |
| Total Asset | 6.05 M | 29.47 B |
| Retained Earnings | (122.75 M) | 9.33 B |
| Working Capital | 445.05 K | 1.48 B |
| Net Asset | 6.05 M |
Eskay Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Eskay . 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 Eskay Mining Buy or Sell Advice
When is the right time to buy or sell Eskay Mining Corp? Buying financial instruments such as Eskay 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 Eskay Stock Analysis
When running Eskay Mining's price analysis, check to measure Eskay Mining'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 Eskay Mining is operating at the current time. Most of Eskay Mining's value examination focuses on studying past and present price action to predict the probability of Eskay Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eskay Mining's price. Additionally, you may evaluate how the addition of Eskay Mining to your portfolios can decrease your overall portfolio volatility.