Dore Copper Mining Stock Price on May 17, 2024

DCMC Stock  CAD 0.14  0.00  0.00%   
Below is the normalized historical share price chart for Dore Copper Mining extending back to January 24, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Dore Copper stands at 0.14, as last reported on the 30th of November, with the highest price reaching 0.17 and the lowest price hitting 0.14 during the day.
200 Day MA
0.116
50 Day MA
0.1458
Beta
1.759
 
Covid
If you're considering investing in Dore Stock, it is important to understand the factors that can impact its price. Dore Copper appears to be out of control, given 3 months investment horizon. Dore Copper Mining secures Sharpe Ratio (or Efficiency) of 0.086, which denotes the company had a 0.086% return per unit of risk over the last 3 months. By reviewing Dore Copper's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Dore Copper's Downside Deviation of 11.65, mean deviation of 4.62, and Coefficient Of Variation of 1189.56 to check if our risk estimates are consistent with your expectations.
  
At this time, Dore Copper's Common Stock is fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 11.2 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 13.9 M in 2024. . Price Earnings Ratio is likely to drop to -2.02 in 2024. Price Book Value Ratio is likely to drop to 1.15 in 2024. Dore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.086

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Estimated Market Risk

 8.67
  actual daily
77
77% of assets are less volatile

Expected Return

 0.75
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Dore Copper is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Dore Copper by adding it to a well-diversified portfolio.
Price Book
2.2955
Book Value
0.071
Enterprise Value
19 M
Enterprise Value Ebitda
(1.17)
Shares Float
52.1 M

Dore Copper Valuation on May 17, 2024

It is possible to determine the worth of Dore Copper on a given historical date. On May 17, 2024 Dore was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dore Copper stock. Still, in general, we apply an absolute valuation method to find Dore Copper's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Dore Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dore Copper's related companies.
 Open High Low Close Volume
  0.12    0.13    0.12    0.13    42,000  
05/17/2024
  0.13    0.13    0.13    0.13    256,085  
  0.14    0.14    0.14    0.14    111,296  
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Open Value
0.13
0.13
Closing Value
26.14
Upside

Dore Copper Trading Date Momentum on May 17, 2024

On May 21 2024 Dore Copper Mining was traded for  0.14  at the closing time. The maximum traded price for the trading interval was 0.14  and the lowest daily price was  0.14 . The daily volume was recorded at 111.3 K. The volume of trading on 21st of May 2024 played a part in the next trading day price increase. The overall trading delta to the next closing price was 7.69% . The overall trading delta to the closing price today is 7.69% .

Dore Copper Mining Fundamentals Correlations and Trends

By evaluating Dore Copper's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Dore Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Dore financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Dore Copper Stock history

Dore Copper investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Dore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dore Copper Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Dore Copper stock prices may prove useful in developing a viable investing in Dore Copper
Last ReportedProjected for Next Year
Common Stock Shares Outstanding130.9 M137.4 M
Net Loss-16.2 M-15.4 M

Dore Copper Stock Technical Analysis

Dore Copper technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Dore Copper technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dore Copper trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Dore Copper Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dore Copper Mining cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Dore Copper November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Dore Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Dore Copper shares will generate the highest return on investment. By undertsting and applying Dore Copper stock market strength indicators, traders can identify Dore Copper Mining entry and exit signals to maximize returns

Dore Copper Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Dore Copper's price direction in advance. Along with the technical and fundamental analysis of Dore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Dore to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Dore Stock Analysis

When running Dore Copper's price analysis, check to measure Dore Copper'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 Dore Copper is operating at the current time. Most of Dore Copper's value examination focuses on studying past and present price action to predict the probability of Dore Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dore Copper's price. Additionally, you may evaluate how the addition of Dore Copper to your portfolios can decrease your overall portfolio volatility.