Scorpio Gold Corp Stock Performance
| SGN Stock | CAD 0.13 0.01 7.14% |
Scorpio Gold has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.0727, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Scorpio Gold are expected to decrease at a much lower rate. During the bear market, Scorpio Gold is likely to outperform the market. Scorpio Gold Corp right now has a risk of 5.95%. Please validate Scorpio Gold maximum drawdown and the relationship between the semi variance and price action indicator , to decide if Scorpio Gold will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Scorpio Gold Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Scorpio Gold may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 1:9 | Dividend Date 2019-04-15 | Last Split Date 2023-11-24 |
1 | Scorpio Gold More Than Doubles Land Position, Further Consolidates Manhattan District - Yahoo Finance | 10/08/2024 |
2 | Scorpio Gold Drills 6.08 Grams per Tonne Gold over 9.4 Metres at the Consolidated Manhattan District - Yahoo Finance | 10/24/2024 |
3 | Scorpio Gold Participates in 121 Mining Investment Dubai and Embarks on European Roadshows - Yahoo Finance | 11/12/2024 |
| Begin Period Cash Flow | 331.9 K | |
| Free Cash Flow | -1.5 M |
Scorpio |
Scorpio Gold Relative Risk vs. Return Landscape
If you would invest 13.00 in Scorpio Gold Corp on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Scorpio Gold Corp or generate 0.0% return on investment over 90 days. Scorpio Gold Corp is currently producing 0.1727% returns and takes up 5.9546% volatility of returns over 90 trading days. Put another way, 53% of traded stocks are less volatile than Scorpio, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Scorpio Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scorpio Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Scorpio Gold Corp, and traders can use it to determine the average amount a Scorpio 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 = 0.029
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Estimated Market Risk
| 5.95 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Scorpio Gold is performing at about 2% 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 Scorpio Gold by adding it to a well-diversified portfolio.
Scorpio Gold Fundamentals Growth
Scorpio Stock prices reflect investors' perceptions of the future prospects and financial health of Scorpio Gold, and Scorpio 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 Scorpio Stock performance.
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 20.17 M | ||||
| Shares Outstanding | 130.27 M | ||||
| Price To Earning | 2.35 X | ||||
| Price To Book | 1.59 X | ||||
| Price To Sales | 6.80 X | ||||
| Gross Profit | (1.79 M) | ||||
| EBITDA | (3 M) | ||||
| Net Income | (2.27 M) | ||||
| Cash And Equivalents | 841 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 4.47 M | ||||
| Debt To Equity | 39.50 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (1.44 M) | ||||
| Earnings Per Share | (0.08) X | ||||
| Market Capitalization | 16.28 M | ||||
| Total Asset | 14.69 M | ||||
| Retained Earnings | (65.71 M) | ||||
| Working Capital | (5.66 M) | ||||
About Scorpio Gold Performance
Evaluating Scorpio Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Scorpio 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 Scorpio 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 | ||
| Days Of Inventory On Hand | (318.44) | (302.52) | |
| Return On Tangible Assets | (0.15) | (0.16) | |
| Return On Capital Employed | (0.26) | (0.28) | |
| Return On Assets | (0.15) | (0.16) | |
| Return On Equity | (0.82) | (0.78) |
Things to note about Scorpio Gold Corp performance evaluation
Checking the ongoing alerts about Scorpio Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Scorpio Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Scorpio Gold Corp had very high historical volatility over the last 90 days | |
| Scorpio Gold Corp has some characteristics of a very speculative penny stock | |
| Scorpio Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Scorpio Gold Corp has accumulated 4.47 M in total debt with debt to equity ratio (D/E) of 39.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Scorpio Gold Corp has a current ratio of 0.63, 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 Scorpio Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Scorpio 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 Scorpio Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scorpio to invest in growth at high rates of return. When we think about Scorpio Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.27 M) with loss before overhead, payroll, taxes, and interest of (1.79 M). | |
| Scorpio Gold Corp has accumulated about 841 K in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Scorpio Gold Participates in 121 Mining Investment Dubai and Embarks on European Roadshows - Yahoo Finance |
- Analyzing Scorpio 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 Scorpio Gold's stock is overvalued or undervalued compared to its peers.
- Examining Scorpio 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 Scorpio Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Scorpio Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Scorpio Gold's stock. These opinions can provide insight into Scorpio Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Scorpio Stock Analysis
When running Scorpio Gold's price analysis, check to measure Scorpio 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 Scorpio Gold is operating at the current time. Most of Scorpio Gold's value examination focuses on studying past and present price action to predict the probability of Scorpio 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 Scorpio Gold's price. Additionally, you may evaluate how the addition of Scorpio Gold to your portfolios can decrease your overall portfolio volatility.