Laramide Resources Stock Performance
| LAM Stock | CAD 0.61 0.03 5.17% |
The company secures a Beta (Market Risk) of -0.18, 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. At this point, Laramide Resources has a negative expected return of -0.2%. Please make sure to verify Laramide Resources' potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if Laramide Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Laramide Resources has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's primary indicators remain very healthy which may send shares a bit higher in March 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
1 | Laramide Resources Unveils Promising Drilling Results at Westmoreland Project - TipRanks | 01/16/2025 |
| Begin Period Cash Flow | 1.6 M |
Laramide |
Laramide Resources Relative Risk vs. Return Landscape
If you would invest 73.00 in Laramide Resources on November 2, 2024 and sell it today you would lose (12.00) from holding Laramide Resources or give up 16.44% of portfolio value over 90 days. Laramide Resources is producing return of less than zero assuming 4.3765% volatility of returns over the 90 days investment horizon. Simply put, 39% of all stocks have less volatile historical return distribution than Laramide Resources, and 99% 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 = -0.0463
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| Negative Returns | LAM |
Estimated Market Risk
| 4.38 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Laramide 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 Laramide Resources by adding Laramide Resources 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 | 146.75 M | ||||
| Shares Outstanding | 249.41 M | ||||
| Price To Earning | (13.42) X | ||||
| Price To Book | 1.49 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 | 152.14 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 | (0.02) | (0.02) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.04) | (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 generated a negative expected return over the last 90 days | |
| Laramide Resources has some characteristics of a very speculative penny stock | |
| Laramide Resources has high historical volatility and very poor performance | |
| 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. | |
| Latest headline from news.google.com: Laramide Resources Unveils Promising Drilling Results at Westmoreland Project - TipRanks |
- 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.