Surge Copper Corp Stock Performance
| SURG Stock | CAD 0.10 0.01 5.26% |
On a scale of 0 to 100, Surge Copper holds a performance score of 3. The entity has a beta of -2.57, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Surge Copper are expected to decrease by larger amounts. On the other hand, during market turmoil, Surge Copper is expected to outperform it. Please check Surge Copper's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Surge Copper's existing price patterns will revert.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Surge Copper Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Surge Copper showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:50 | Ex Dividend Date 2007-11-28 | Last Split Date 2021-11-02 |
1 | Surge Copper Drills 320m of 0.46 percent CuEq, Hits High-Grade Zone at Berg Project SRGXF Stock News - StockTitan | 11/12/2024 |
2 | Surge Copper Corp. Appoints Experienced Mining Executive to Board - MSN | 01/07/2025 |
| Begin Period Cash Flow | 2.8 M |
Surge |
Surge Copper Relative Risk vs. Return Landscape
If you would invest 10.00 in Surge Copper Corp on November 4, 2024 and sell it today you would earn a total of 0.00 from holding Surge Copper Corp or generate 0.0% return on investment over 90 days. Surge Copper Corp is generating 0.3112% of daily returns assuming 7.9441% volatility of returns over the 90 days investment horizon. Simply put, 70% of all stocks have less volatile historical return distribution than Surge Copper, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Surge Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Copper's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Surge Copper Corp, and traders can use it to determine the average amount a Surge Copper'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 = 0.0392
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Estimated Market Risk
| 7.94 actual daily | 70 70% of assets are less volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Surge Copper is performing at about 3% 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 Surge Copper by adding it to a well-diversified portfolio.
Surge Copper Fundamentals Growth
Surge Stock prices reflect investors' perceptions of the future prospects and financial health of Surge Copper, and Surge Copper 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 Surge Stock performance.
| Return On Equity | -0.0399 | ||||
| Return On Asset | -0.0309 | ||||
| Current Valuation | 23.8 M | ||||
| Shares Outstanding | 286.37 M | ||||
| Price To Book | 0.51 X | ||||
| EBITDA | (2.69 M) | ||||
| Net Income | (1.73 M) | ||||
| Cash And Equivalents | 7.22 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 4.91 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.85 X | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (849.75 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 27.21 M | ||||
| Total Asset | 51.34 M | ||||
| Retained Earnings | (33.1 M) | ||||
| Working Capital | (659.7 K) | ||||
About Surge Copper Performance
Evaluating Surge Copper's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Surge Copper 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 Surge Copper 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 | 8.5 K | 7.6 K | |
| Return On Tangible Assets | (0.12) | (0.13) | |
| Return On Capital Employed | (0.22) | (0.21) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (0.14) | (0.13) |
Things to note about Surge Copper Corp performance evaluation
Checking the ongoing alerts about Surge Copper for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Surge Copper Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Copper Corp had very high historical volatility over the last 90 days | |
| Surge Copper Corp has some characteristics of a very speculative penny stock | |
| Surge Copper Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.73 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Surge Copper Corp has accumulated about 7.22 M in cash with (849.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Surge Copper Corp. Appoints Experienced Mining Executive to Board - MSN |
- Analyzing Surge Copper'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 Surge Copper's stock is overvalued or undervalued compared to its peers.
- Examining Surge Copper'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 Surge Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Copper's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Copper's stock. These opinions can provide insight into Surge Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Surge Stock Analysis
When running Surge Copper's price analysis, check to measure Surge Copper'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 Surge Copper is operating at the current time. Most of Surge Copper's value examination focuses on studying past and present price action to predict the probability of Surge Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surge Copper's price. Additionally, you may evaluate how the addition of Surge Copper to your portfolios can decrease your overall portfolio volatility.