Montage Gold Corp Stock Performance
| MAU Stock | 2.18 0.02 0.93% |
The company secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Montage Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Montage Gold is expected to be smaller as well. At this point, Montage Gold Corp has a negative expected return of -0.14%. Please make sure to verify Montage Gold's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Montage Gold Corp 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 Montage Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
1 | Brokers Offer Predictions for Montage Gold FY2025 Earnings - MarketBeat | 11/08/2024 |
2 | Montage Gold Partners with Sanu for Guinea Exploration - TipRanks | 12/02/2024 |
3 | Stifel Nicolaus Has Lowered Expectations for Montage Gold Stock Price - MarketBeat | 12/23/2024 |
| Begin Period Cash Flow | 8 M |
Montage |
Montage Gold Relative Risk vs. Return Landscape
If you would invest 242.00 in Montage Gold Corp on November 2, 2024 and sell it today you would lose (24.00) from holding Montage Gold Corp or give up 9.92% of portfolio value over 90 days. Montage Gold Corp is currently producing negative expected returns and takes up 2.5334% volatility of returns over 90 trading days. Put another way, 22% of traded stocks are less volatile than Montage, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Montage Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Montage Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Montage Gold Corp, and traders can use it to determine the average amount a Montage Gold's 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 = -0.054
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| Negative Returns | MAU |
Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.14 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 Montage Gold 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 Montage Gold by adding Montage Gold to a well-diversified portfolio.
Montage Gold Fundamentals Growth
Montage Stock prices reflect investors' perceptions of the future prospects and financial health of Montage Gold, and Montage Gold 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 Montage Stock performance.
| Return On Equity | -0.48 | ||||
| Return On Asset | -0.27 | ||||
| Current Valuation | 565.75 M | ||||
| Shares Outstanding | 347.68 M | ||||
| Price To Book | 3.25 X | ||||
| EBITDA | (22.36 M) | ||||
| Net Income | (24.42 M) | ||||
| Cash And Equivalents | 65 | ||||
| Total Debt | 1.34 M | ||||
| Current Ratio | 0.04 X | ||||
| Book Value Per Share | 0.24 X | ||||
| Cash Flow From Operations | (17.41 M) | ||||
| Earnings Per Share | (0.19) X | ||||
| Market Capitalization | 757.94 M | ||||
| Total Asset | 45.69 M | ||||
| Retained Earnings | (78.77 M) | ||||
| Working Capital | 5.94 M | ||||
About Montage Gold Performance
Evaluating Montage Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Montage Gold 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 Montage Gold 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.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.48) | (0.51) | |
| Return On Capital Employed | (0.38) | (0.39) | |
| Return On Assets | (0.48) | (0.51) | |
| Return On Equity | (0.50) | (0.52) |
Things to note about Montage Gold Corp performance evaluation
Checking the ongoing alerts about Montage Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Montage Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Montage Gold Corp generated a negative expected return over the last 90 days | |
| Montage Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Montage Gold Corp has accumulated 1.34 M in total debt. Montage Gold Corp has a current ratio of 0.04, 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 Montage Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Montage Gold's 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 Montage Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montage to invest in growth at high rates of return. When we think about Montage Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (24.42 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Montage Gold Corp has accumulated about 65 in cash with (17.41 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Montage Gold's 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 Montage Gold's stock is overvalued or undervalued compared to its peers.
- Examining Montage Gold's 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 Montage Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Montage Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Montage Gold's stock. These opinions can provide insight into Montage Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Montage Stock Analysis
When running Montage Gold's price analysis, check to measure Montage 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 Montage Gold is operating at the current time. Most of Montage Gold's value examination focuses on studying past and present price action to predict the probability of Montage 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 Montage Gold's price. Additionally, you may evaluate how the addition of Montage Gold to your portfolios can decrease your overall portfolio volatility.