Steppe Gold Stock Buy Hold or Sell Recommendation
| STGO Stock | CAD 0.64 0.01 1.59% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Steppe Gold is 'Strong Sell'. The recommendation algorithm takes into account all of Steppe Gold's available fundamental, technical, and predictive indicators you will find on this site.
Check out Steppe Gold 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. In addition, we conduct extensive research on individual companies such as Steppe and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Steppe Gold. 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.
Steppe |
Execute Steppe Gold Buy or Sell Advice
The Steppe recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Steppe Gold. Macroaxis does not own or have any residual interests in Steppe Gold or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Steppe Gold's 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 | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Steppe Gold Trading Alerts and Improvement Suggestions
| Steppe Gold has some characteristics of a very speculative penny stock | |
| Steppe Gold had very high historical volatility over the last 90 days | |
| Steppe Gold has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 24.0% of the company outstanding shares are owned by corporate insiders |
Steppe Gold Returns Distribution Density
The distribution of Steppe Gold's historical returns is an attempt to chart the uncertainty of Steppe Gold's future price movements. The chart of the probability distribution of Steppe Gold daily returns describes the distribution of returns around its average expected value. We use Steppe Gold price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Steppe Gold returns is essential to provide solid investment advice for Steppe Gold.
| Mean Return | 0.11 | Value At Risk | -6.25 | Potential Upside | 7.35 | Standard Deviation | 3.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Steppe Gold 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.
Steppe Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5.8M) | (208K) | (10.5M) | (2.6M) | (7.7M) | (7.4M) | |
| Change In Cash | (6.3M) | 14.4M | (12.4M) | (125K) | 3.5M | 3.7M | |
| Net Borrowings | 6.4M | 6.9M | 12.0M | 55.0M | 63.2M | 66.4M | |
| Free Cash Flow | (13.8M) | 9.2M | (16.0M) | 12.8M | 3.1M | 3.3M | |
| Depreciation | 169.5K | 4.1M | 2.8M | 4.2M | 3.2M | 2.0M | |
| Other Non Cash Items | 716.9K | (3.0M) | 21.5M | (10.2M) | 3.4M | 2.2M | |
| Capital Expenditures | 8.1M | 2.2M | 8.9M | 5.9M | 5.1M | 5.6M | |
| Net Income | (5.2M) | (4.1M) | (22.7M) | 15.7M | 8.9M | 9.3M | |
| End Period Cash Flow | 671.4K | 15.1M | 2.6M | 2.5M | 6.0M | 5.1M | |
| Change To Netincome | 5.4M | 808.3K | 15.4M | 21.4M | 24.6M | 25.8M | |
| Investments | (8.1M) | (5.0M) | 5.0M | (5.9M) | (3.5M) | (3.7M) |
Steppe Gold 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 Steppe Gold 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 Steppe Gold'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 Steppe 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 | -0.05 | |
β | Beta against Dow Jones | 1.24 | |
σ | Overall volatility | 3.77 | |
Ir | Information ratio | -0.0063 |
Steppe Gold Volatility Alert
Steppe Gold shows above-average downside volatility for the selected time horizon. Steppe Gold is a potential penny stock. Although Steppe Gold 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 Steppe Gold. 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 Steppe 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.Steppe Gold Fundamentals Vs Peers
Comparing Steppe Gold'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 Steppe Gold's direct or indirect competition across all of the common fundamentals between Steppe Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Steppe Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Steppe Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Steppe Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Steppe Gold to competition |
| Fundamentals | Steppe Gold | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | 0.1 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 361.41 M | 16.62 B |
| Shares Outstanding | 252.83 M | 571.82 M |
| Shares Owned By Insiders | 23.74 % | 10.09 % |
| Shares Owned By Institutions | 6.34 % | 39.21 % |
| Number Of Shares Shorted | 35.9 K | 4.71 M |
| Price To Book | 1.20 X | 9.51 X |
| Price To Sales | 3.07 X | 11.42 X |
| Revenue | 54.24 M | 9.43 B |
| Gross Profit | 9.65 M | 27.38 B |
| EBITDA | 23.08 M | 3.9 B |
| Net Income | 8.89 M | 570.98 M |
| Cash And Equivalents | 5.39 M | 2.7 B |
| Cash Per Share | 0.13 X | 5.01 X |
| Total Debt | 36.05 M | 5.32 B |
| Debt To Equity | 209.40 % | 48.70 % |
| Current Ratio | 1.24 X | 2.16 X |
| Book Value Per Share | 38.51 X | 1.93 K |
| Cash Flow From Operations | 8.2 M | 971.22 M |
| Short Ratio | 0.15 X | 4.00 X |
| Earnings Per Share | 0.12 X | 3.12 X |
| Target Price | 1.32 | |
| Number Of Employees | 275 | 18.84 K |
| Beta | 1.24 | -0.15 |
| Market Capitalization | 161.81 M | 19.03 B |
| Total Asset | 98.29 M | 29.47 B |
| Retained Earnings | (38.3 M) | 9.33 B |
| Working Capital | (5.54 M) | 1.48 B |
| Net Asset | 98.29 M |
Steppe Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Steppe . 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 Steppe Gold Buy or Sell Advice
When is the right time to buy or sell Steppe Gold? Buying financial instruments such as Steppe 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.
Use Investing Ideas to Build Portfolios
In addition to having Steppe Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Steppe Stock
Steppe Gold financial ratios help investors to determine whether Steppe 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 Steppe with respect to the benefits of owning Steppe Gold security.