Bitterroot Resources Stock Analysis
| BITTF Stock | USD 0.06 0 3.16% |
Bitterroot Resources holds a debt-to-equity ratio of 0.007. Bitterroot Resources' financial risk is the risk to Bitterroot Resources stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Bitterroot Resources' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Bitterroot Resources' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Bitterroot Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Bitterroot Resources' stakeholders.
For most companies, including Bitterroot Resources, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Bitterroot Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Bitterroot Resources' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Bitterroot Resources' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Bitterroot Resources is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Bitterroot Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Bitterroot Resources is said to be less leveraged. If creditors hold a majority of Bitterroot Resources' assets, the Company is said to be highly leveraged.
Bitterroot Resources is overvalued with Real Value of 0.0492 and Hype Value of 0.06. The main objective of Bitterroot Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Bitterroot Resources is worth, separate from its market price. There are two main types of Bitterroot Resources' stock analysis: fundamental analysis and technical analysis.
The Bitterroot Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Bitterroot Resources' ongoing operational relationships across important fundamental and technical indicators.
Bitterroot |
Bitterroot Pink Sheet Analysis Notes
About 27.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bitterroot Resources recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 29th of September 2015. Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States. The company was incorporated in 1951 and is headquartered in West Vancouver, Canada. Bitterroot Resources is traded on OTC Exchange in the United States.The quote for Bitterroot Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Bitterroot Resources please contact Michael Carr at 604-922-1351 or go to https://www.bitterrootresources.com.Bitterroot Resources Investment Alerts
| Bitterroot Resources had very high historical volatility over the last 90 days | |
| Bitterroot Resources has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (883.92 K) with loss before overhead, payroll, taxes, and interest of (11.17 K). | |
| Bitterroot Resources has accumulated about 691.03 K in cash with (470.11 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 27.0% of the company shares are held by company insiders |
Bitterroot Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bitterroot Resources's market, we take the total number of its shares issued and multiply it by Bitterroot 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.Technical Drivers
As of the 5th of January, Bitterroot Resources shows the Risk Adjusted Performance of 0.0389, mean deviation of 4.01, and Downside Deviation of 6.58. Bitterroot Resources technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bitterroot Resources variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Bitterroot Resources is priced correctly, providing market reflects its regular price of 0.062 per share. As Bitterroot Resources appears to be a penny stock we also recommend to validate its total risk alpha numbers.Bitterroot Resources Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Simple Moving Average indicator is calculated by adding the closing price of Bitterroot Resources for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Bitterroot Resources short-term fluctuations and highlight longer-term trends or cycles.
Bitterroot Resources Predictive Daily Indicators
Bitterroot Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bitterroot Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 105.44 | |||
| Daily Balance Of Power | 3.166667 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 0.0623 | |||
| Day Typical Price | 0.0622 | |||
| Price Action Indicator | 7.0E-4 | |||
| Period Momentum Indicator | 0.0019 | |||
| Relative Strength Index | 20.53 |
Bitterroot Resources Forecast Models
Bitterroot Resources' time-series forecasting models are one of many Bitterroot Resources' pink sheet 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 Bitterroot Resources' 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.Bitterroot Resources Debt to Cash Allocation
Many companies such as Bitterroot Resources, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Bitterroot Resources has accumulated 47.74 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Bitterroot Resources has a current ratio of 23.46, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Bitterroot Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Bitterroot Resources' 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 Bitterroot Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bitterroot to invest in growth at high rates of return. When we think about Bitterroot Resources' use of debt, we should always consider it together with cash and equity.Bitterroot Resources Assets Financed by 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 Bitterroot Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Bitterroot Resources, which in turn will lower the firm's financial flexibility.About Bitterroot Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Bitterroot 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 Bitterroot shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Bitterroot Resources. By using and applying Bitterroot Pink Sheet analysis, traders can create a robust methodology for identifying Bitterroot entry and exit points for their positions.
Bitterroot Resources Ltd., an exploration stage company, engages in the acquisition, development, exploration, and evaluation of mineral properties in the United States. The company was incorporated in 1951 and is headquartered in West Vancouver, Canada. Bitterroot Resources is traded on OTC Exchange in the United States.
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When running Bitterroot Resources' price analysis, check to measure Bitterroot Resources' 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 Bitterroot Resources is operating at the current time. Most of Bitterroot Resources' value examination focuses on studying past and present price action to predict the probability of Bitterroot Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitterroot Resources' price. Additionally, you may evaluate how the addition of Bitterroot Resources to your portfolios can decrease your overall portfolio volatility.
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