Richmond Minerals Stock Performance
| RMD Stock | CAD 0.03 0.01 50.00% |
Richmond Minerals holds a performance score of 6 on a scale of zero to a hundred. The company holds a Beta of -2.36, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Richmond Minerals are expected to decrease by larger amounts. On the other hand, during market turmoil, Richmond Minerals is expected to outperform it. Use Richmond Minerals information ratio, downside variance, day typical price, as well as the relationship between the treynor ratio and kurtosis , to analyze future returns on Richmond Minerals.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Richmond Minerals are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Richmond Minerals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Last Split Date 2023-10-05 |
1 | Critical minerals miners among TSX top 30 performers - Mining.com.au | 09/12/2024 |
2 | These 2 Female Climate Tech Founders Are Mining the Riches of the Ocean to Save the Planet - Inc. | 11/15/2024 |
| Begin Period Cash Flow | 13.8 K |
Richmond |
Richmond Minerals Relative Risk vs. Return Landscape
If you would invest 3.00 in Richmond Minerals on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Richmond Minerals or generate 0.0% return on investment over 90 days. Richmond Minerals is currently producing 1.455% returns and takes up 17.8064% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Richmond, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Richmond Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Richmond Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Richmond Minerals, and traders can use it to determine the average amount a Richmond Minerals' 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 = 0.0817
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Estimated Market Risk
| 17.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.46 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Richmond Minerals is performing at about 6% 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.
Richmond Minerals Fundamentals Growth
Richmond Stock prices reflect investors' perceptions of the future prospects and financial health of Richmond Minerals, and Richmond Minerals 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 Richmond Stock performance.
| Return On Equity | -0.54 | ||||
| Return On Asset | -0.24 | ||||
| Current Valuation | 672.57 K | ||||
| Shares Outstanding | 36.21 M | ||||
| Price To Earning | (12.22) X | ||||
| Price To Book | 0.43 X | ||||
| EBITDA | (131.14 K) | ||||
| Net Income | (760.04 K) | ||||
| Cash And Equivalents | (96.58 K) | ||||
| Total Debt | 300 K | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (232.56 K) | ||||
| Earnings Per Share | (0.05) X | ||||
| Total Asset | 2.81 M | ||||
| Retained Earnings | (19.56 M) | ||||
About Richmond Minerals Performance
Evaluating Richmond Minerals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Richmond Minerals 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 Richmond Minerals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Richmond Minerals Inc. engages in the exploration and development of base and precious metals in northern Ontario and Quebec, Canada. It primarily focuses on the exploration of the Ridley Lake gold project that consists of 154 mining claims located in the Swayze Greenstone Belt in north central Ontario. RICHMOND MINERALS operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.Things to note about Richmond Minerals performance evaluation
Checking the ongoing alerts about Richmond Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Richmond Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Richmond Minerals is way too risky over 90 days horizon | |
| Richmond Minerals has some characteristics of a very speculative penny stock | |
| Richmond Minerals appears to be risky and price may revert if volatility continues | |
| Richmond Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Richmond Minerals has accumulated 300 K in total debt. Richmond Minerals has a current ratio of 0.31, 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 Richmond Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Richmond Minerals' 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 Richmond Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Richmond to invest in growth at high rates of return. When we think about Richmond Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (760.04 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Richmond Minerals has accumulated about (96.58 K) in cash recording (232.56 K) of negative cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: These 2 Female Climate Tech Founders Are Mining the Riches of the Ocean to Save the Planet - Inc. |
- Analyzing Richmond Minerals' 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 Richmond Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Richmond Minerals' 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 Richmond Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Richmond Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Richmond Minerals' stock. These opinions can provide insight into Richmond Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
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.