Monument Mining Limited Stock Buy Hold or Sell Recommendation
| MMY Stock | CAD 0.28 0.01 3.45% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Monument Mining Limited is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Monument Mining Limited given historical horizon and risk tolerance towards Monument Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for Monument Mining Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Monument 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 Monument and provide practical buy, sell, or hold advice based on investors' constraints. Monument Mining Limited. 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.
Monument |
Execute Monument Mining Buy or Sell Advice
The Monument recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Monument Mining Limited. Macroaxis does not own or have any residual interests in Monument Mining Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Monument Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Monument Mining Trading Alerts and Improvement Suggestions
| Monument Mining has some characteristics of a very speculative penny stock | |
| Monument Mining appears to be risky and price may revert if volatility continues | |
| About 18.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Monument Mining Stock Upside Theoretically Unlimited - Seeking Alpha |
Monument Mining Returns Distribution Density
The distribution of Monument Mining's historical returns is an attempt to chart the uncertainty of Monument Mining's future price movements. The chart of the probability distribution of Monument Mining daily returns describes the distribution of returns around its average expected value. We use Monument Mining Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Monument Mining returns is essential to provide solid investment advice for Monument Mining.
| Mean Return | 0.95 | Value At Risk | -6.45 | Potential Upside | 8.00 | Standard Deviation | 4.59 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Monument 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.
Monument Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 784K | 28.5M | (17.6M) | (15.1M) | 4.9M | 5.1M | |
| Free Cash Flow | 803K | (3.3M) | (17.5M) | (15.0M) | 4.3M | 4.6M | |
| Other Non Cash Items | 327K | (2.0M) | (2.3M) | 200K | 213K | 202.4K | |
| Capital Expenditures | 5.5M | 5.0M | 13.0M | 15.1M | 10.1M | 13.2M | |
| Net Income | (275K) | (99.3M) | (6.5M) | (6.3M) | 6.4M | 6.8M | |
| End Period Cash Flow | 10.1M | 38.6M | 21.0M | 6.0M | 10.9M | 15.2M | |
| Depreciation | 6.1M | 102.2M | 3.9M | 4.6M | 5.3M | 8.4M | |
| Change To Inventory | (85K) | 1.3M | 1.2M | (2.4M) | (1.1M) | (1.2M) | |
| Investments | (5.5M) | 26.9M | (13.0M) | (15.1M) | (9.4M) | (8.9M) | |
| Change To Netincome | 1.7M | 96.4M | (3.6M) | 1.7M | 2.0M | 1.9M |
Monument 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 Monument 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 Monument 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 Monument 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 | 1.09 | |
β | Beta against Dow Jones | -1.29 | |
σ | Overall volatility | 4.69 | |
Ir | Information ratio | 0.18 |
Monument Mining Volatility Alert
Monument Mining Limited shows above-average downside volatility for the selected time horizon. Monument Mining Limited is a potential penny stock. Although Monument 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 Monument Mining Limited. 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 Monument 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.Monument Mining Fundamentals Vs Peers
Comparing Monument 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 Monument Mining's direct or indirect competition across all of the common fundamentals between Monument Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Monument Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Monument Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Monument Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Monument Mining to competition |
| Fundamentals | Monument Mining | Peer Average |
| Return On Equity | 0.0548 | -0.31 |
| Return On Asset | 0.0637 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.44 % | (5.51) % |
| Current Valuation | 80.71 M | 16.62 B |
| Shares Outstanding | 328.42 M | 571.82 M |
| Shares Owned By Insiders | 18.36 % | 10.09 % |
| Shares Owned By Institutions | 1.21 % | 39.21 % |
| Number Of Shares Shorted | 107.01 K | 4.71 M |
| Price To Earning | 30.00 X | 28.72 X |
| Price To Book | 0.56 X | 9.51 X |
| Price To Sales | 1.79 X | 11.42 X |
| Revenue | 51.42 M | 9.43 B |
| Gross Profit | 1.75 M | 27.38 B |
| EBITDA | 22.8 M | 3.9 B |
| Net Income | 6.44 M | 570.98 M |
| Cash And Equivalents | 11.67 M | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 20.87 M | 5.32 B |
| Current Ratio | 4.40 X | 2.16 X |
| Book Value Per Share | 0.37 X | 1.93 K |
| Cash Flow From Operations | 14.38 M | 971.22 M |
| Short Ratio | 0.29 X | 4.00 X |
| Earnings Per Share | 0.03 X | 3.12 X |
| Target Price | 0.56 | |
| Number Of Employees | 254 | 18.84 K |
| Beta | 1.05 | -0.15 |
| Market Capitalization | 91.96 M | 19.03 B |
| Total Asset | 142.01 M | 29.47 B |
| Retained Earnings | (10.43 M) | 9.33 B |
| Working Capital | 20.55 M | 1.48 B |
| Net Asset | 142.01 M |
Monument Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Monument . 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 Monument Mining Buy or Sell Advice
When is the right time to buy or sell Monument Mining Limited? Buying financial instruments such as Monument 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 Monument Stock Analysis
When running Monument Mining's price analysis, check to measure Monument 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 Monument Mining is operating at the current time. Most of Monument Mining's value examination focuses on studying past and present price action to predict the probability of Monument 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 Monument Mining's price. Additionally, you may evaluate how the addition of Monument Mining to your portfolios can decrease your overall portfolio volatility.