Prime Mining Corp Stock Buy Hold or Sell Recommendation
| PRMNF Stock | USD 1.05 0.03 2.78% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Prime Mining Corp is 'Strong Sell'. Macroaxis provides Prime Mining buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRMNF positions.
Check out Prime 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 Prime and provide practical buy, sell, or hold advice based on investors' constraints. Prime Mining 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 board of governors.
Prime |
Execute Prime Mining Buy or Sell Advice
The Prime recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Prime Mining Corp. Macroaxis does not own or have any residual interests in Prime Mining Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Prime Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Prime Mining Trading Alerts and Improvement Suggestions
| Prime Mining Corp generated a negative expected return over the last 90 days | |
| Prime Mining Corp has high historical volatility and very poor performance | |
| Prime Mining Corp has some characteristics of a very speculative penny stock | |
| Prime Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (21.45 M) with loss before overhead, payroll, taxes, and interest of (43.41 K). | |
| Prime Mining Corp has accumulated about 14.44 M in cash with (13.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders |
Prime Mining Returns Distribution Density
The distribution of Prime Mining's historical returns is an attempt to chart the uncertainty of Prime Mining's future price movements. The chart of the probability distribution of Prime Mining daily returns describes the distribution of returns around its average expected value. We use Prime Mining Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Prime Mining returns is essential to provide solid investment advice for Prime Mining.
| Mean Return | -0.17 | Value At Risk | -7.81 | Potential Upside | 10.34 | Standard Deviation | 6.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Prime 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.
Prime 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 Prime Mining or Basic Materials 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 Prime Mining's price will be affected by overall otc 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 Prime otc'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 | -0.08 | |
β | Beta against Dow Jones | -0.85 | |
σ | Overall volatility | 6.18 | |
Ir | Information ratio | -0.05 |
Prime Mining Volatility Alert
Prime Mining Corp is displaying above-average volatility over the selected time horizon. Prime Mining Corp is a potential penny stock. Although Prime Mining may be in fact a good instrument to invest, many penny otc 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 Prime 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 Prime instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.Prime Mining Fundamentals Vs Peers
Comparing Prime 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 Prime Mining's direct or indirect competition across all of the common fundamentals between Prime Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Prime Mining or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Prime Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Prime Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Prime Mining to competition |
| Fundamentals | Prime Mining | Peer Average |
| Return On Equity | -0.48 | -0.31 |
| Return On Asset | -0.3 | -0.14 |
| Current Valuation | 158.77 M | 16.62 B |
| Shares Outstanding | 126.91 M | 571.82 M |
| Shares Owned By Insiders | 18.59 % | 10.09 % |
| Shares Owned By Institutions | 18.94 % | 39.21 % |
| Price To Book | 9.68 X | 9.51 X |
| Gross Profit | (43.41 K) | 27.38 B |
| EBITDA | (21.8 M) | 3.9 B |
| Net Income | (21.45 M) | 570.98 M |
| Cash And Equivalents | 14.44 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Total Debt | 180.6 K | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 20.11 X | 2.16 X |
| Book Value Per Share | 0.20 X | 1.93 K |
| Cash Flow From Operations | (13.6 M) | 971.22 M |
| Earnings Per Share | (0.15) X | 3.12 X |
| Number Of Employees | 6 | 18.84 K |
| Beta | 1.43 | -0.15 |
| Market Capitalization | 181.47 M | 19.03 B |
| Total Asset | 41.79 M | 29.47 B |
| Net Asset | 41.79 M |
Prime Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Prime . 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 Prime Mining Buy or Sell Advice
When is the right time to buy or sell Prime Mining Corp? Buying financial instruments such as Prime 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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Other Information on Investing in Prime OTC Stock
Prime Mining financial ratios help investors to determine whether Prime OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prime with respect to the benefits of owning Prime Mining security.