Laramide Resources Stock Performance
| LAM Stock | CAD 0.72 0.03 4.00% |
On a scale of 0 to 100, Laramide Resources holds a performance score of 10. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Laramide Resources are expected to decrease at a much lower rate. During the bear market, Laramide Resources is likely to outperform the market. Please check Laramide Resources' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Laramide Resources' current price movements will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Laramide Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating primary indicators, Laramide Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Laramide to explore greenfield opportunity in Kazakhstan - Mining.com.au | 09/06/2024 |
| Begin Period Cash Flow | 1.6 M |
Laramide |
Laramide Resources Relative Risk vs. Return Landscape
If you would invest 48.00 in Laramide Resources on September 2, 2024 and sell it today you would earn a total of 24.00 from holding Laramide Resources or generate 50.0% return on investment over 90 days. Laramide Resources is generating 0.7885% of daily returns assuming 5.6531% volatility of returns over the 90 days investment horizon. Simply put, 50% of all stocks have less volatile historical return distribution than Laramide Resources, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Laramide Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Laramide Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Laramide Resources, and traders can use it to determine the average amount a Laramide Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1395
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | LAM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.65 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Laramide Resources is performing at about 10% 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 Laramide Resources by adding it to a well-diversified portfolio.
Laramide Resources Fundamentals Growth
Laramide Stock prices reflect investors' perceptions of the future prospects and financial health of Laramide Resources, and Laramide Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Laramide Stock performance.
| Return On Equity | -0.0773 | ||||
| Return On Asset | -0.0265 | ||||
| Current Valuation | 181.36 M | ||||
| Shares Outstanding | 248.98 M | ||||
| Price To Earning | (13.42) X | ||||
| Price To Book | 1.84 X | ||||
| EBITDA | (2.75 M) | ||||
| Net Income | (4.68 M) | ||||
| Cash And Equivalents | 63.45 K | ||||
| Total Debt | 4.33 M | ||||
| Debt To Equity | 13.60 % | ||||
| Current Ratio | 0.06 X | ||||
| Book Value Per Share | 0.39 X | ||||
| Cash Flow From Operations | (2.7 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 179.27 M | ||||
| Total Asset | 109.6 M | ||||
| Retained Earnings | (119.87 M) | ||||
| Working Capital | 4.83 M | ||||
About Laramide Resources Performance
By examining Laramide Resources' fundamental ratios, stakeholders can obtain critical insights into Laramide Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Laramide Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 74.6 K | 52.8 K | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.05) | (0.05) |
Things to note about Laramide Resources performance evaluation
Checking the ongoing alerts about Laramide Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Laramide Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Laramide Resources is way too risky over 90 days horizon | |
| Laramide Resources has some characteristics of a very speculative penny stock | |
| Laramide Resources appears to be risky and price may revert if volatility continues | |
| Laramide Resources has accumulated 4.33 M in total debt with debt to equity ratio (D/E) of 13.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Laramide Resources has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Laramide Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Laramide Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Laramide Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laramide to invest in growth at high rates of return. When we think about Laramide Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (4.68 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Laramide Resources has accumulated about 63.45 K in cash with (2.7 M) of positive cash flow from operations. |
- Analyzing Laramide Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Laramide Resources' stock is overvalued or undervalued compared to its peers.
- Examining Laramide Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Laramide Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Laramide Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Laramide Resources' stock. These opinions can provide insight into Laramide Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Laramide Stock
Laramide Resources financial ratios help investors to determine whether Laramide 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 Laramide with respect to the benefits of owning Laramide Resources security.