Magnum Goldcorp Stock Analysis
| MGI Stock | CAD 0.05 0.02 28.57% |
Magnum Goldcorp is overvalued with Real Value of 0.0455 and Hype Value of 0.0598. The main objective of Magnum Goldcorp stock analysis is to determine its intrinsic value, which is an estimate of what Magnum Goldcorp is worth, separate from its market price. There are two main types of Magnum Goldcorp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Magnum Goldcorp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Magnum Goldcorp's stock to identify patterns and trends that may indicate its future price movements.
The Magnum Goldcorp stock is traded in Canada on TSX Venture 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 Canada. Magnum Goldcorp is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Magnum Stock trading window is adjusted to America/Toronto timezone.
Magnum |
Magnum Stock Analysis Notes
About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magnum Goldcorp recorded a loss per share of 0.01. The entity last dividend was issued on the 6th of March 2020. The firm had 1:4 split on the 15th of November 2024. Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM GOLDCORP operates under Gold classification in Canada and is traded on TSX Venture Exchange. To find out more about Magnum Goldcorp contact Douglas Mason at 604 922 2030 or learn more at https://magnumgoldcorp.com.Magnum Goldcorp Investment Alerts
| Magnum Goldcorp is way too risky over 90 days horizon | |
| Magnum Goldcorp has some characteristics of a very speculative penny stock | |
| Magnum Goldcorp appears to be risky and price may revert if volatility continues | |
| Magnum Goldcorp has accumulated 3 K in total debt with debt to equity ratio (D/E) of 3.3, implying the company greatly relies on financing operations through barrowing. Magnum Goldcorp has a current ratio of 0.05, 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 Magnum Goldcorp until it has trouble settling it off, either with new capital or with free cash flow. So, Magnum Goldcorp'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 Magnum Goldcorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magnum to invest in growth at high rates of return. When we think about Magnum Goldcorp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (76.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Magnum Goldcorp has accumulated about 333 in cash with (23.75 K) of positive cash flow from operations. | |
| Roughly 35.0% of Magnum Goldcorp outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Magnum Goldcorp to Consolidate Shares for Growth - TipRanks |
Magnum Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 482.75 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magnum Goldcorp's market, we take the total number of its shares issued and multiply it by Magnum Goldcorp'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.Management Efficiency
Other Current Assets is likely to climb to 7,700 in 2024, whereas Total Assets are likely to drop slightly above 3 M in 2024. Magnum Goldcorp's management efficiency ratios could be used to measure how well Magnum Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Magnum Goldcorp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta (0.28) | Return On Assets (0.01) | Return On Equity (0.02) |
Technical Drivers
As of the 24th of November, Magnum Goldcorp secures the Mean Deviation of 13.8, downside deviation of 31.3, and Risk Adjusted Performance of 0.1263. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnum Goldcorp, as well as the relationship between them. Please verify Magnum Goldcorp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Magnum Goldcorp is priced some-what accurately, providing market reflects its recent price of 0.05 per share.Magnum Goldcorp Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magnum Goldcorp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magnum Goldcorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Magnum Goldcorp Outstanding Bonds
Magnum Goldcorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Magnum Goldcorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Magnum bonds can be classified according to their maturity, which is the date when Magnum Goldcorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Magnum Goldcorp Predictive Daily Indicators
Magnum Goldcorp 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 Magnum Goldcorp stock 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 | 0.0909 | |||
| Daily Balance Of Power | (4.00) | |||
| Rate Of Daily Change | 0.71 | |||
| Day Median Price | 0.0525 | |||
| Day Typical Price | 0.0517 | |||
| Market Facilitation Index | 0.005 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 78.95 |
Magnum Goldcorp Forecast Models
Magnum Goldcorp's time-series forecasting models are one of many Magnum Goldcorp'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 Magnum Goldcorp'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.About Magnum Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Magnum Goldcorp 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 Magnum 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 Magnum Goldcorp. By using and applying Magnum Stock analysis, traders can create a robust methodology for identifying Magnum entry and exit points for their positions.
Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM GOLDCORP operates under Gold classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Magnum Stock Analysis
When running Magnum Goldcorp's price analysis, check to measure Magnum Goldcorp'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 Magnum Goldcorp is operating at the current time. Most of Magnum Goldcorp's value examination focuses on studying past and present price action to predict the probability of Magnum Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnum Goldcorp's price. Additionally, you may evaluate how the addition of Magnum Goldcorp to your portfolios can decrease your overall portfolio volatility.