New Age Metals Stock Analysis

New Stock Analysis Notes

About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.4. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. New Age Metals recorded a loss per share of 0.01. The entity last dividend was issued on the 1st of February 2017. The firm had 1:4 split on the 26th of August 2024. New Age Metals Inc., a mineral exploration company, acquires, explores for, and develops platinum group metals , and precious and base metal properties in Canada. New Age Metals Inc. was incorporated in 1996 and is headquartered in Vancouver, Canada. NEW AGE operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about New Age Metals contact Harry Barr at 604-685-1870 or learn more at https://www.newagemetals.com.

New Age Metals Investment Alerts

New Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Age's market, we take the total number of its shares issued and multiply it by New Age'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.

New Profitablity

Management Efficiency

New Age Metals has return on total asset (ROA) of (0.0452) % which means that it has lost $0.0452 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0545) %, meaning that it generated substantial loss on money invested by shareholders. New Age's management efficiency ratios could be used to measure how well New Age manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2024. Return On Capital Employed is likely to drop to -0.07 in 2024. At this time, New Age's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 2.5 M in 2024, whereas Total Current Assets are likely to drop slightly above 4.8 M in 2024.

Technical Drivers

As of the 27th of November, New Age secures the Risk Adjusted Performance of 0.0046, mean deviation of 4.62, and Standard Deviation of 8.93. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Age Metals, as well as the relationship between them. Please verify New Age Metals market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if New Age Metals is priced some-what accurately, providing market reflects its recent price of 0.09 per share.

New Age Metals Price Movement Analysis

New Age Outstanding Bonds

New Age Predictive Daily Indicators

New Age Forecast Models

New Age's time-series forecasting models are one of many New Age'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 New Age'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how New Age 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 New 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 New Age. By using and applying New Stock analysis, traders can create a robust methodology for identifying New entry and exit points for their positions.

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