Orestone Mining Corp Stock Analysis

Orestone Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.66. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Orestone Mining Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. Orestone Mining Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company was incorporated in 2007 and is headquartered in Vancouver, Canada. Orestone Mining is traded on OTC Exchange in the United States.The quote for Orestone Mining Corp 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 Orestone Mining Corp contact David Hottman at 604-629-1929 or learn more at https://www.orestone.ca.

Orestone Mining Corp Investment Alerts

Orestone Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Orestone Mining's market, we take the total number of its shares issued and multiply it by Orestone Mining'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 6th of February, Orestone Mining holds the Risk Adjusted Performance of 0.0884, semi deviation of 6.96, and Coefficient Of Variation of 949.96. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orestone Mining, as well as the relationship between them. Please check Orestone Mining Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Orestone Mining Corp is priced some-what accurately, providing market reflects its current price of 0.08 per share. As Orestone Mining Corp appears to be a penny stock we also advise to check out its total risk alpha numbers.

Orestone Mining Corp Price Movement Analysis

Orestone Mining Predictive Daily Indicators

Orestone Mining Forecast Models

Orestone Mining's time-series forecasting models are one of many Orestone Mining's 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 Orestone Mining'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.

Orestone Mining Corp Debt to Cash Allocation

The company has a current ratio of 5.23, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Orestone Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Orestone Mining'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 Orestone Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Orestone to invest in growth at high rates of return. When we think about Orestone Mining's use of debt, we should always consider it together with cash and equity.

Orestone Mining 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 Orestone Mining's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Orestone Mining, which in turn will lower the firm's financial flexibility.

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

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