Athena Gold Corp Stock Fundamentals
| AHNR Stock | USD 0.04 0.00 0.00% |
Athena Gold Corp fundamentals help investors to digest information that contributes to Athena Gold's financial success or failures. It also enables traders to predict the movement of Athena OTC Stock. The fundamental analysis module provides a way to measure Athena Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Athena Gold otc stock.
Athena |
Athena Gold Corp OTC Stock Shares Owned By Insiders Analysis
Athena Gold's Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
More About Shares Owned By Insiders | All Equity Analysis
Insiders Shares | = | Executives Shares | + | Employees |
Current Athena Gold Shares Owned By Insiders | 74.77 % |
Most of Athena Gold's fundamental indicators, such as Shares Owned By Insiders, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Athena Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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Based on the latest financial disclosure, 74% of Athena Gold Corp are shares owned by insiders. This is 375.03% higher than that of the Basic Materials sector and significantly higher than that of the Other Precious Metals & Mining industry. The shares owned by insiders for all United States stocks is notably lower than that of the firm.
Athena Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Athena Gold's current stock value. Our valuation model uses many indicators to compare Athena Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Athena Gold competition to find correlations between indicators driving Athena Gold's intrinsic value. More Info.Athena Gold Corp is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Athena Gold's earnings, one of the primary drivers of an investment's value.Athena Shares Owned By Insiders Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Athena Gold's direct or indirect competition against its Shares Owned By Insiders to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Athena Gold could also be used in its relative valuation, which is a method of valuing Athena Gold by comparing valuation metrics of similar companies.Athena Gold is currently under evaluation in shares owned by insiders category among its peers.
Athena Fundamentals
| Return On Equity | -0.17 | |||
| Return On Asset | -0.19 | |||
| Current Valuation | 7.26 M | |||
| Shares Outstanding | 136.09 M | |||
| Shares Owned By Insiders | 74.77 % | |||
| Price To Earning | (9.50) X | |||
| Price To Book | 1.36 X | |||
| EBITDA | (1.02 M) | |||
| Net Income | (1.03 M) | |||
| Cash And Equivalents | 31.46 K | |||
| Total Debt | 26.1 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.86 X | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (656.64 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 0.2 | |||
| Market Capitalization | 8.34 M | |||
| Total Asset | 6.12 M | |||
| Retained Earnings | (6.8 M) | |||
| Working Capital | (2.12 M) | |||
| Current Asset | 3 K | |||
| Current Liabilities | 2.12 M | |||
| Net Asset | 6.12 M |
About Athena Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Athena Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Athena Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Athena Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. Athena Gold Corporation was incorporated in 2003 and is based in Vacaville, California. ATHENA GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
Pair Trading with Athena Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Athena Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Athena Gold will appreciate offsetting losses from the drop in the long position's value.Moving against Athena OTC Stock
The ability to find closely correlated positions to Athena Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athena Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Athena Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Athena Gold Corp to buy it.
The correlation of Athena Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Athena Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athena Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Athena Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Athena OTC Stock Analysis
When running Athena Gold's price analysis, check to measure Athena Gold'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 Athena Gold is operating at the current time. Most of Athena Gold's value examination focuses on studying past and present price action to predict the probability of Athena Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athena Gold's price. Additionally, you may evaluate how the addition of Athena Gold to your portfolios can decrease your overall portfolio volatility.