Spanish Mountain Gold Stock Performance
| SPA Stock | CAD 0.11 0.01 8.33% |
The entity has a beta of -0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Spanish Mountain are expected to decrease at a much lower rate. During the bear market, Spanish Mountain is likely to outperform the market. At this point, Spanish Mountain Gold has a negative expected return of -0.68%. Please make sure to validate Spanish Mountain's total risk alpha and the relationship between the potential upside and market facilitation index , to decide if Spanish Mountain Gold 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 Spanish Mountain Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Spanish Mountain Gold Revises and Upsizes Brokered Private Placement for up to C6,500,000 - Yahoo Finance | 10/24/2024 |
2 | Spanish Mountain Gold Raises C8.3 Million - TipRanks | 11/15/2024 |
| Begin Period Cash Flow | 275.7 K |
Spanish |
Spanish Mountain Relative Risk vs. Return Landscape
If you would invest 18.00 in Spanish Mountain Gold on August 31, 2024 and sell it today you would lose (7.00) from holding Spanish Mountain Gold or give up 38.89% of portfolio value over 90 days. Spanish Mountain Gold is currently producing negative expected returns and takes up 4.4442% volatility of returns over 90 trading days. Put another way, 39% of traded stocks are less volatile than Spanish, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Spanish Mountain Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spanish Mountain's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Spanish Mountain Gold, and traders can use it to determine the average amount a Spanish Mountain'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 = -0.1534
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SPA |
Estimated Market Risk
| 4.44 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.68 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spanish Mountain 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 Spanish Mountain by adding Spanish Mountain to a well-diversified portfolio.
Spanish Mountain Fundamentals Growth
Spanish Stock prices reflect investors' perceptions of the future prospects and financial health of Spanish Mountain, and Spanish Mountain 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 Spanish Stock performance.
| Return On Equity | -0.0267 | ||||
| Return On Asset | -0.0165 | ||||
| Current Valuation | 38.85 M | ||||
| Shares Outstanding | 444.74 M | ||||
| Price To Earning | 26.00 X | ||||
| Price To Book | 0.52 X | ||||
| EBITDA | (2.41 M) | ||||
| Net Income | (2.14 M) | ||||
| Cash And Equivalents | 1.04 M | ||||
| Total Debt | 290.85 K | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 2.88 X | ||||
| Book Value Per Share | 0.25 X | ||||
| Cash Flow From Operations | (2.28 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 48.92 M | ||||
| Total Asset | 97.25 M | ||||
| Retained Earnings | (16.66 M) | ||||
| Working Capital | 3.12 M | ||||
About Spanish Mountain Performance
Evaluating Spanish Mountain's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Spanish Mountain 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 Spanish Mountain 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 | (0.02) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.02) | (0.02) |
Things to note about Spanish Mountain Gold performance evaluation
Checking the ongoing alerts about Spanish Mountain for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Spanish Mountain Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Spanish Mountain generated a negative expected return over the last 90 days | |
| Spanish Mountain has some characteristics of a very speculative penny stock | |
| Spanish Mountain has high historical volatility and very poor performance | |
| Spanish Mountain has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.14 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Spanish Mountain Gold has accumulated about 1.04 M in cash with (2.28 M) of positive cash flow from operations. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Spanish Mountain Gold Raises C8.3 Million - TipRanks |
- Analyzing Spanish Mountain'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 Spanish Mountain's stock is overvalued or undervalued compared to its peers.
- Examining Spanish Mountain'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 Spanish Mountain's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Spanish Mountain's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Spanish Mountain's stock. These opinions can provide insight into Spanish Mountain's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Spanish Stock Analysis
When running Spanish Mountain's price analysis, check to measure Spanish Mountain'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 Spanish Mountain is operating at the current time. Most of Spanish Mountain's value examination focuses on studying past and present price action to predict the probability of Spanish Mountain's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spanish Mountain's price. Additionally, you may evaluate how the addition of Spanish Mountain to your portfolios can decrease your overall portfolio volatility.