Mincor Resources NL Performance
| MCRZFDelisted Stock | USD 0.93 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0252, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mincor Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mincor Resources is expected to be smaller as well. Mincor Resources right now secures a risk of 0.0%. Please verify Mincor Resources NL information ratio, skewness, as well as the relationship between the Skewness and relative strength index , to decide if Mincor Resources NL will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days Mincor Resources NL has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Mincor Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 58.6 M | |
| Total Cashflows From Investing Activities | -66.3 M |
Mincor |
Mincor Resources Relative Risk vs. Return Landscape
If you would invest 93.00 in Mincor Resources NL on September 1, 2024 and sell it today you would earn a total of 0.00 from holding Mincor Resources NL or generate 0.0% return on investment over 90 days. Mincor Resources NL is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Mincor, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Mincor Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mincor Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Mincor Resources NL, and traders can use it to determine the average amount a Mincor 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 = 0.0
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Based on monthly moving average Mincor Resources 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 Mincor Resources by adding Mincor Resources to a well-diversified portfolio.
Mincor Resources Fundamentals Growth
Mincor Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Mincor Resources, and Mincor 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 Mincor Pink Sheet performance.
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0421 | |||
| Profit Margin | (0.45) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 490.67 M | |||
| Shares Outstanding | 535.34 M | |||
| Price To Earning | (14.17) X | |||
| Price To Book | 7.51 X | |||
| Price To Sales | 15.88 X | |||
| Revenue | 32.7 M | |||
| EBITDA | (9.55 M) | |||
| Cash And Equivalents | 80.65 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 14.92 M | |||
| Debt To Equity | 0.29 % | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | (5.88 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 224.53 M | |||
| Retained Earnings | 2 M | |||
| Current Asset | 19 M | |||
| Current Liabilities | 5 M | |||
About Mincor Resources Performance
By analyzing Mincor Resources' fundamental ratios, stakeholders can gain valuable insights into Mincor Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Mincor Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Mincor Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Mincor Resources NL, together with its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral resources in Australia. Mincor Resources NL was incorporated in 1996 and is headquartered in West Perth, Australia. Mincor Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Mincor Resources performance evaluation
Checking the ongoing alerts about Mincor Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Mincor Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Mincor Resources is not yet fully synchronised with the market data | |
| Mincor Resources has some characteristics of a very speculative penny stock | |
| Mincor Resources has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 32.7 M. Net Loss for the year was (14.71 M) with profit before overhead, payroll, taxes, and interest of 15.06 M. | |
| Mincor Resources NL has accumulated about 80.65 M in cash with (5.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Mincor 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 Mincor Resources' stock is overvalued or undervalued compared to its peers.
- Examining Mincor 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 Mincor Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Mincor Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Mincor Resources' pink sheet. These opinions can provide insight into Mincor Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Mincor Pink Sheet
If you are still planning to invest in Mincor Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mincor Resources' history and understand the potential risks before investing.
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