Spanish Mountain Gold Stock Price on March 9, 2023

SPA Stock  CAD 0.11  0.01  10.00%   
Below is the normalized historical share price chart for Spanish Mountain Gold extending back to June 25, 1997. 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 Spanish Mountain stands at 0.11, as last reported on the 12th of December 2024, with the highest price reaching 0.11 and the lowest price hitting 0.10 during the day.
200 Day MA
0.1734
50 Day MA
0.1356
Beta
1.914
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Spanish Stock, it is important to understand the factors that can impact its price. Spanish Mountain Gold owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Spanish Mountain Gold exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spanish Mountain's Coefficient Of Variation of (812.03), risk adjusted performance of (0.08), and Variance of 20.49 to confirm the risk estimate we provide.
  
Common Stock Shares Outstanding is likely to climb to about 379.5 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 55.1 M in 2024. . At this time, Spanish Mountain's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 1,603 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (28.88). Spanish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1486

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Estimated Market Risk

 4.56
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.68
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spanish Mountain 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 Spanish Mountain by adding Spanish Mountain to a well-diversified portfolio.
Price Book
0.4733
Book Value
0.259
Enterprise Value
45.5 M
Enterprise Value Ebitda
(70.70)
Shares Float
273.8 M

Spanish Mountain Valuation on March 9, 2023

It is possible to determine the worth of Spanish Mountain on a given historical date. On March 9, 2023 Spanish was worth 0.2 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spanish Mountain stock. Still, in general, we apply an absolute valuation method to find Spanish Mountain'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 Spanish Mountain where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spanish Mountain's related companies.
 Open High Low Close Volume
  0.18    0.20    0.18    0.19    55,100  
03/09/2023
  0.20    0.20    0.19    0.19    20,300  
  0.20    0.20    0.19    0.20    289,500  
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Open Value
0.2
0.19
Closing Value
13.88
Upside

Spanish Mountain Trading Date Momentum on March 9, 2023

On March 10 2023 Spanish Mountain Gold was traded for  0.20  at the closing time. The highest daily price throughout the period was 0.20  and the lowest price was  0.19 . The daily volume was 289.5 K. The net trading volume on 03/10/2023 added to the next day price increase. The trading price change to closing price of the next trading day was 5.26% . The trading price change to current closing price is 5.26% .

Spanish Mountain Gold Fundamentals Correlations and Trends

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

About Spanish Mountain Stock history

Spanish Mountain 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 Spanish is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spanish Mountain Gold 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 Spanish Mountain stock prices may prove useful in developing a viable investing in Spanish Mountain
Last ReportedProjected for Next Year
Common Stock Shares Outstanding361.5 M379.5 M
Net Loss-1.1 M-1.2 M

Spanish Mountain Quarterly Net Working Capital

3.66 Million

Spanish Mountain Stock Technical Analysis

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

Spanish Mountain Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Spanish Mountain Gold 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.

Spanish Mountain December 12, 2024 Market Strength

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

Spanish Mountain Technical and Predictive Indicators

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

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