Insiders At NGEx Minerals Sold CA5.7m In Stock, Alluding To Potential Weakness - Simply Wall St
| NGEX Stock | 12.54 0.13 1.03% |
About 61% of NGEx Minerals' investor base is looking to short. The current sentiment regarding investing in NGEx Minerals stock implies that many traders are alarmed. NGEx Minerals' investing sentiment overview a quick insight into current market opportunities from investing in NGEx Minerals. Many technical investors use NGEx Minerals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NGEx |
Insiders At NGEx Minerals Sold CA5.7m In Stock, Alluding To Potential Weakness Simply Wall St
Read at news.google.com
 |
NGEx Minerals Fundamental Analysis
We analyze NGEx Minerals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NGEx Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NGEx Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Total Debt
Total Debt Comparative Analysis
NGEx Minerals is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
NGEx Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NGEx Minerals stock to make a market-neutral strategy. Peer analysis of NGEx Minerals could also be used in its relative valuation, which is a method of valuing NGEx Minerals by comparing valuation metrics with similar companies.
Peers
NGEx Minerals Related Equities
| CXB | Calibre Mining | 3.83 | ||||
| SKE | Skeena Resources | 1.80 | ||||
| FIL | Filo Mining | 0.71 | ||||
| FOM | Foran Mining | 0.93 | ||||
| TECK-B | Teck Resources | 1.12 | ||||
| IVN | Ivanhoe Mines | 2.04 | ||||
| SGML | Sigma Lithium | 2.81 |
Other Information on Investing in NGEx Stock
NGEx Minerals financial ratios help investors to determine whether NGEx 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 NGEx with respect to the benefits of owning NGEx Minerals security.