Magna Gold Corp Buy Hold or Sell Recommendation

MGLQFDelisted Stock  USD 0.01  0.00  0.00%   
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Magna Gold Corp is 'Not Rated'. Macroaxis provides Magna Gold buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MGLQF positions.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Note, we conduct extensive research on individual companies such as Magna and provide practical buy, sell, or hold advice based on investors' constraints. Magna Gold Corp. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Execute Magna Gold Buy or Sell Advice

The Magna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magna Gold Corp. Macroaxis does not own or have any residual interests in Magna Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magna Gold's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Magna GoldBuy Magna Gold
Not Rated
For the selected time horizon Magna Gold Corp has a Return On Equity of -1.81, Return On Asset of -0.16, Profit Margin of (0.22) %, Operating Margin of (0.23) %, Current Valuation of 8.89 M and Shares Outstanding of 91.76 M
We provide investment recommendation to complement the last-minute expert consensus on Magna Gold Corp. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Magna Gold Corp is not overpriced, please verify all Magna Gold Corp fundamentals, including its cash and equivalents, number of employees, and the relationship between the revenue and current ratio . As Magna Gold Corp appears to be a penny stock we also strongly suggest to check its shares owned by institutions numbers.

Magna Gold Trading Alerts and Improvement Suggestions

Magna Gold Corp is not yet fully synchronised with the market data
Magna Gold Corp has some characteristics of a very speculative penny stock
Magna Gold Corp has a very high chance of going through financial distress in the upcoming years
Magna Gold Corp has accumulated 6.54 M in total debt with debt to equity ratio (D/E) of 0.58, which is about average as compared to similar companies. Magna Gold Corp has a current ratio of 0.39, 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 Magna Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Magna 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 Magna Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magna to invest in growth at high rates of return. When we think about Magna Gold's use of debt, we should always consider it together with cash and equity.
About 25.0% of Magna Gold outstanding shares are owned by corporate insiders

Magna Gold Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magna . 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 Magna Gold Buy or Sell Advice

When is the right time to buy or sell Magna Gold Corp? Buying financial instruments such as Magna OTC 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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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Consideration for investing in Magna OTC Stock

If you are still planning to invest in Magna Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magna Gold's history and understand the potential risks before investing.
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