Labrador Gold Corp Stock Price on February 8, 2024

LAB Stock  CAD 0.06  0.00  0.00%   
Below is the normalized historical share price chart for Labrador Gold Corp extending back to October 25, 2007. 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 Labrador Gold stands at 0.06, as last reported on the 27th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
200 Day MA
0.1098
50 Day MA
0.0774
Beta
1.511
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Labrador Stock, it is important to understand the factors that can impact its price. Labrador Gold Corp has Sharpe Ratio of -0.0516, which conveys that the firm had a -0.0516% return per unit of risk over the last 3 months. Labrador Gold exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Labrador Gold's Mean Deviation of 3.05, risk adjusted performance of (0.05), and Standard Deviation of 5.75 to check out the risk estimate we provide.
  
At this time, Labrador Gold's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 5.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 113.2 M in 2024. . Labrador Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0516

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Estimated Market Risk

 5.77
  actual daily
51
51% of assets are less volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Labrador Gold is not performing at its full potential. However, 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 Labrador Gold by adding Labrador Gold to a well-diversified portfolio.
Price Book
0.2111
Book Value
0.284
Enterprise Value
3.7 M
Enterprise Value Ebitda
(55.21)
Shares Float
146.8 M

Labrador Gold Main Headline on 8th of February 2024

Labrador Gold Announces New Discovery With Assays of 106 gt Au and 20.4gt Ag at Fire Ant Zone, Hopedale Project Marketscreener.com

Labrador Gold Valuation on February 8, 2024

It is possible to determine the worth of Labrador Gold on a given historical date. On February 8, 2024 Labrador was worth 0.15 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Labrador Gold stock. Still, in general, we apply an absolute valuation method to find Labrador Gold'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 Labrador Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Labrador Gold's related companies.
 Open High Low Close Volume
  0.14    0.14    0.14    0.14    38,200  
02/08/2024
  0.15    0.16    0.14    0.14    96,800  
  0.15    0.15    0.15    0.15    8,500  
Backtest Labrador Gold  |  Labrador Gold History  |  Labrador Gold Valuation   PreviousNext  
Open Value
0.15
0.14
Closing Value
17.47
Upside

Labrador Gold Trading Date Momentum on February 8, 2024

On February 09 2024 Labrador Gold Corp was traded for  0.15  at the closing time. The highest daily price throughout the period was 0.15  and the lowest price was  0.15 . The daily volume was 8.5 K. The net trading volume on 02/09/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 7.14% . The trading delta at closing time to current closing price is 0.00% .

Labrador Gold Corp Fundamentals Correlations and Trends

By evaluating Labrador Gold'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 Labrador Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Labrador financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Labrador Gold Stock history

Labrador Gold 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 Labrador is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Labrador Gold Corp 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 Labrador Gold stock prices may prove useful in developing a viable investing in Labrador Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding195.5 M113.2 M
Net Loss-1.1 M-1.1 M

Labrador Gold Quarterly Net Working Capital

6.58 Million

Labrador Gold Stock Technical Analysis

Labrador Gold 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 Labrador Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Labrador Gold 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

Labrador Gold Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Labrador Gold Corp 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.

Labrador Gold November 27, 2024 Market Strength

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

Labrador Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Labrador Gold's price direction in advance. Along with the technical and fundamental analysis of Labrador Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Labrador 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 Labrador Stock Analysis

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