Prime Meridian Resources Stock Analysis
PMDRF Stock | USD 0.11 0.01 10.00% |
Prime Meridian Resources is overvalued with Real Value of 0.0966 and Hype Value of 0.11. The main objective of Prime Meridian pink sheet analysis is to determine its intrinsic value, which is an estimate of what Prime Meridian Resources is worth, separate from its market price. There are two main types of Prime Meridian's stock analysis: fundamental analysis and technical analysis.
The Prime Meridian 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 Prime Meridian's ongoing operational relationships across important fundamental and technical indicators.
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Prime Pink Sheet Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.01. Prime Meridian Resources had not issued any dividends in recent years. The entity had 1:4 split on the 8th of August 2014. Prime Meridian Resources Corp. engages in the development, evaluation, and exploration of mineral resource properties. Prime Meridian Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Prime Meridian is traded on OTC Exchange in the United States.The quote for Prime Meridian 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 Prime Meridian Resources contact the company at 844-727-5631 or learn more at https://www.primemeridianresources.com.Prime Meridian Resources Investment Alerts
Prime Meridian generated a negative expected return over the last 90 days | |
Prime Meridian has high historical volatility and very poor performance | |
Prime Meridian has some characteristics of a very speculative penny stock | |
Prime Meridian has high likelihood to experience some financial distress in the next 2 years | |
Prime Meridian Resources has accumulated 1.46 M in total debt. Prime Meridian Resources has a current ratio of 0.2, 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 Prime Meridian until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Meridian'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 Prime Meridian Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Meridian's use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (1.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Prime Meridian Resources has accumulated about 6.83 K in cash with (1.12 M) of positive cash flow from operations. | |
Roughly 15.0% of the company outstanding shares are owned by corporate insiders |
Prime Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prime Meridian's market, we take the total number of its shares issued and multiply it by Prime Meridian'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 23rd of November, Prime Meridian holds the Risk Adjusted Performance of (0.03), variance of 27.3, and Coefficient Of Variation of (1,807). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prime Meridian, as well as the relationship between them. Please check Prime Meridian Resources standard deviation and maximum drawdown to decide if Prime Meridian Resources is priced some-what accurately, providing market reflects its current price of 0.11 per share. As Prime Meridian Resources appears to be a penny stock we also advise to check out its information ratio numbers.Prime Meridian Resources 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. Prime Meridian 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 Prime Meridian Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Prime Meridian Predictive Daily Indicators
Prime Meridian 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 Prime Meridian 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 | 0.0833 | |||
Daily Balance Of Power | 1.0 | |||
Rate Of Daily Change | 1.1 | |||
Day Median Price | 0.12 | |||
Day Typical Price | 0.11 | |||
Market Facilitation Index | 0.01 | |||
Period Momentum Indicator | 0.01 |
Prime Meridian Forecast Models
Prime Meridian's time-series forecasting models are one of many Prime Meridian'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 Prime Meridian'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 Prime Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Prime Meridian 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 Prime 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 Prime Meridian. By using and applying Prime Pink Sheet analysis, traders can create a robust methodology for identifying Prime entry and exit points for their positions.
Prime Meridian Resources Corp. engages in the development, evaluation, and exploration of mineral resource properties. Prime Meridian Resources Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Prime Meridian is traded on OTC Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Prime Meridian to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Prime Meridian's price analysis, check to measure Prime Meridian'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 Prime Meridian is operating at the current time. Most of Prime Meridian's value examination focuses on studying past and present price action to predict the probability of Prime Meridian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Meridian's price. Additionally, you may evaluate how the addition of Prime Meridian to your portfolios can decrease your overall portfolio volatility.
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