Richmond Minerals Stock Price on January 22, 2024

RMD Stock  CAD 0.03  0.01  50.00%   
Below is the normalized historical share price chart for Richmond Minerals extending back to November 30, 2000. 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 Richmond Minerals stands at 0.03, as last reported on the 26th of February, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day.
200 Day MA
0.0308
50 Day MA
0.0276
Beta
0.658
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Richmond Stock, it is important to understand the factors that can impact its price. Richmond Minerals appears to be out of control, given 3 months investment horizon. Richmond Minerals maintains Sharpe Ratio (i.e., Efficiency) of 0.0503, which implies the firm had a 0.0503 % return per unit of risk over the last 3 months. By analyzing Richmond Minerals' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Richmond Minerals' Variance of 221.19, coefficient of variation of 1472.36, and Risk Adjusted Performance of 0.0594 to confirm if our risk estimates are consistent with your expectations.
  
Issuance Of Capital Stock is likely to climb to about 319.9 K in 2025, whereas Total Stockholder Equity is likely to drop slightly above 1.7 M in 2025. . Richmond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0503

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Estimated Market Risk

 11.05
  actual daily
96
96% of assets are less volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Richmond Minerals is performing at about 3% 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 Richmond Minerals by adding it to a well-diversified portfolio.
Price Book
0.4388
Book Value
0.057
Enterprise Value
672.6 K
Enterprise Value Ebitda
2.2346
Shares Float
16.6 M

Richmond Minerals Main Headline on 22nd of January 2024

Mining tax breaks cost Canadians over 500M a year, finds investigation Richmond News

Richmond Minerals Valuation on January 22, 2024

It is possible to determine the worth of Richmond Minerals on a given historical date. On January 22, 2024 Richmond was worth 0.05 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Richmond Minerals stock. Still, in general, we apply an absolute valuation method to find Richmond Minerals' 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 Richmond Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Richmond Minerals' related companies.
 Open High Low Close Volume
  0.05    0.05    0.05    0.05    1.00  
01/22/2024
  0.05    0.05    0.05    0.05    1.00  
  0.05    0.05    0.05    0.05    1.00  
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Open Value
0.05
0.0005
Downside
0.05
Closing Value
33.20
Upside

Richmond Minerals Trading Date Momentum on January 22, 2024

On January 23 2024 Richmond Minerals was traded for  0.05  at the closing time. The highest daily price throughout the period was 0.05  and the lowest price was  0.05 . There was no trading activity during the period 1.0. Lack of trading volume on 01/23/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Richmond Minerals Fundamentals Correlations and Trends

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

About Richmond Minerals Stock history

Richmond Minerals 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 Richmond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Richmond Minerals 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 Richmond Minerals stock prices may prove useful in developing a viable investing in Richmond Minerals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding32.6 M31 M
Net Loss-183 K-192.2 K

Richmond Minerals Stock Technical Analysis

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

Richmond Minerals Period Price Range

Low
February 26, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Richmond Minerals 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.

Richmond Minerals February 26, 2025 Market Strength

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

Richmond Minerals Technical and Predictive Indicators

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

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