Montego Resources Stock Analysis
| MONGF Stock | USD 0.06 0.00 0.00% |
Montego Resources has over 607,730 in debt which may indicate that it relies heavily on debt financing. Montego Resources' financial risk is the risk to Montego Resources stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Montego 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. Montego 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 Montego Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Montego Resources' stakeholders.
For many companies, including Montego Resources, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Montego Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Montego 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 Montego 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 Montego 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 Montego Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Montego Resources is said to be less leveraged. If creditors hold a majority of Montego Resources' assets, the Company is said to be highly leveraged.
Montego Resources is overvalued with Real Value of 0.0512 and Hype Value of 0.061. The main objective of Montego Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Montego Resources is worth, separate from its market price. There are two main types of Montego Resources' stock analysis: fundamental analysis and technical analysis.
The Montego 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 Montego Resources' ongoing operational relationships across important fundamental and technical indicators.
Montego |
Montego Pink Sheet Analysis Notes
The company has price-to-book ratio of 0.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Montego Resources recorded a loss per share of 0.0. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 23rd of December 2022. Montego Resources Inc., a junior mineral exploration company, acquires, explores for, and evaluates natural resource properties. The company was incorporated in 2012 and is based in Vancouver, Canada. Montego Resources is traded on OTC Exchange in the United States.The quote for Montego Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Montego Resources contact Kelly Abbott at 604-318-0114 or learn more at https://www.montegoresources.ca.Montego Resources Investment Alerts
| Montego Resources generated a negative expected return over the last 90 days | |
| Montego Resources has some characteristics of a very speculative penny stock | |
| Montego Resources has a very high chance of going through financial distress in the upcoming years | |
| Montego Resources has accumulated 607.73 K in total debt with debt to equity ratio (D/E) of 48.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Montego Resources has a current ratio of 0.08, 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 Montego Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Montego 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 Montego Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montego to invest in growth at high rates of return. When we think about Montego Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (376.93 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Montego Resources has accumulated about 87.21 K in cash with (42.47 K) of positive cash flow from operations. |
Montego Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 371.26 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Montego Resources's market, we take the total number of its shares issued and multiply it by Montego 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
In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Montego Resources, as well as the relationship between them.Montego Resources Price Movement Analysis
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Montego Resources Debt to Cash Allocation
Many companies such as Montego 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.
Montego Resources has accumulated 607.73 K in total debt with debt to equity ratio (D/E) of 48.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Montego Resources has a current ratio of 0.08, 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 Montego Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Montego 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 Montego Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Montego to invest in growth at high rates of return. When we think about Montego Resources' use of debt, we should always consider it together with cash and equity.Montego 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 Montego Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Montego Resources, which in turn will lower the firm's financial flexibility.About Montego Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Montego 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 Montego 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 Montego Resources. By using and applying Montego Pink Sheet analysis, traders can create a robust methodology for identifying Montego entry and exit points for their positions.
Montego Resources Inc., a junior mineral exploration company, acquires, explores for, and evaluates natural resource properties. The company was incorporated in 2012 and is based in Vancouver, Canada. Montego Resources is traded on OTC Exchange in the United States.
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When running Montego Resources' price analysis, check to measure Montego 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 Montego Resources is operating at the current time. Most of Montego Resources' value examination focuses on studying past and present price action to predict the probability of Montego Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montego Resources' price. Additionally, you may evaluate how the addition of Montego Resources to your portfolios can decrease your overall portfolio volatility.
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