NEWPATH RESOURCES (Germany) Analysis

NEWPATH Stock Analysis Notes

About 16.0% of the company shares are owned by insiders or employees . The company recorded a loss per share of 0.05. NEWPATH RESOURCES INC had not issued any dividends in recent years. The entity had 1:5 split on the 15th of August 2022. Ready Set Gold Corp., a precious metals exploration company, engages in the exploration and development of mineral properties in Canada. The company was incorporated in 2006 and is headquartered in Vancouver, British Columbia. READY SET is traded on Frankfurt Stock Exchange in Germany. For more info on NEWPATH RESOURCES INC please contact BBA CA at 604 484 0942 or go to https://newpathresources.com.

NEWPATH RESOURCES INC Investment Alerts

NEWPATH Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NEWPATH RESOURCES's market, we take the total number of its shares issued and multiply it by NEWPATH RESOURCES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

NEWPATH Profitablity

Management Efficiency

NEWPATH RESOURCES INC has return on total asset (ROA) of (1.1636) % which means that it has lost $1.1636 on every $100 spent on assets. This is way below average. NEWPATH RESOURCES's management efficiency ratios could be used to measure how well NEWPATH RESOURCES manages its routine affairs as well as how well it operates its assets and liabilities. At this time, NEWPATH RESOURCES's Return On Capital Employed is most likely to increase slightly in the upcoming years. The NEWPATH RESOURCES's current Return On Equity is estimated to increase to 0.53, while Return On Tangible Assets are forecasted to increase to (11.61). The NEWPATH RESOURCES's current Debt To Assets is estimated to increase to 10.70, while Net Current Asset Value is projected to decrease to roughly 1.1 M.

Technical Drivers

As of the 6th of February, NEWPATH RESOURCES secures the Mean Deviation of 21.87, risk adjusted performance of 0.1009, and Market Risk Adjusted Performance of (2.59). NEWPATH RESOURCES INC technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify NEWPATH RESOURCES INC value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if NEWPATH RESOURCES INC is priced more or less accurately, providing market reflects its recent price of 0.0285 per share.

NEWPATH RESOURCES INC Price Movement Analysis

NEWPATH RESOURCES Outstanding Bonds

NEWPATH RESOURCES Predictive Daily Indicators

NEWPATH RESOURCES Forecast Models

NEWPATH RESOURCES's time-series forecasting models are one of many NEWPATH RESOURCES's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NEWPATH RESOURCES's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

NEWPATH RESOURCES INC Debt to Cash Allocation

NEWPATH RESOURCES INC has accumulated 1.7 M in total debt with debt to equity ratio (D/E) of 0.17, which may suggest the company is not taking enough advantage from borrowing. NEWPATH RESOURCES INC has a current ratio of 11.1, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NEWPATH RESOURCES until it has trouble settling it off, either with new capital or with free cash flow. So, NEWPATH RESOURCES'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 NEWPATH RESOURCES INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NEWPATH to invest in growth at high rates of return. When we think about NEWPATH RESOURCES's use of debt, we should always consider it together with cash and equity.

NEWPATH RESOURCES Assets Financed by Debt

The debt-to-assets ratio shows the degree to which NEWPATH RESOURCES uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

NEWPATH RESOURCES Debt Ratio

1070.0

It seems as most of the NEWPATH RESOURCES's assets are financed through debt. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the NEWPATH RESOURCES's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of NEWPATH RESOURCES, which in turn will lower the firm's financial flexibility.

NEWPATH RESOURCES Corporate Bonds Issued

NEWPATH Net Debt To E B I T D A

Stock analysis is the technique used by a trader or investor to examine and evaluate how NEWPATH RESOURCES prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NEWPATH shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NEWPATH RESOURCES. By using and applying NEWPATH Stock analysis, traders can create a robust methodology for identifying NEWPATH entry and exit points for their positions.

When running NEWPATH RESOURCES's price analysis, check to measure NEWPATH RESOURCES'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 NEWPATH RESOURCES is operating at the current time. Most of NEWPATH RESOURCES's value examination focuses on studying past and present price action to predict the probability of NEWPATH RESOURCES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWPATH RESOURCES's price. Additionally, you may evaluate how the addition of NEWPATH RESOURCES to your portfolios can decrease your overall portfolio volatility.