Proam Explorations Corp Stock Analysis

PMX Stock  CAD 0.05  0.00  0.00%   
ProAm Explorations Corp is overvalued with Real Value of 0.0441 and Hype Value of 0.05. The main objective of ProAm Explorations stock analysis is to determine its intrinsic value, which is an estimate of what ProAm Explorations Corp is worth, separate from its market price. There are two main types of ProAm Explorations' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ProAm Explorations' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ProAm Explorations' stock to identify patterns and trends that may indicate its future price movements.
The ProAm Explorations 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. ProAm Explorations 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. ProAm Stock trading window is adjusted to America/Toronto timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAm Explorations Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

ProAm Stock Analysis Notes

About 25.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.87. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ProAm Explorations Corp recorded a loss per share of 0.01. The entity last dividend was issued on the 11th of October 2019. The firm had 1:2 split on the 31st of May 2024. ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. It also holds a 100 percent interest in the Samuel Lake property and an option to acquire a 100 percent interest in the Jet property located in Elko County, Nevada. PROAM EXPLORATIONS is traded on Commodity Exchange in Exotistan. To find out more about ProAm Explorations Corp contact Donald Macdonald at 604 988 3306.

ProAm Explorations Corp Investment Alerts

ProAm Explorations had very high historical volatility over the last 90 days
ProAm Explorations has some characteristics of a very speculative penny stock
ProAm Explorations has a very high chance of going through financial distress in the upcoming years
ProAm Explorations Corp has accumulated 49.04 K in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. ProAm Explorations Corp has a current ratio of 0.78, 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 ProAm Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, ProAm Explorations' 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 ProAm Explorations Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProAm to invest in growth at high rates of return. When we think about ProAm Explorations' use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 6.23 K. Net Loss for the year was (218.31 K) with profit before overhead, payroll, taxes, and interest of 19.84 K.
ProAm Explorations Corp has accumulated about 13.24 K in cash with (32.58 K) of positive cash flow from operations.
Roughly 25.0% of ProAm Explorations outstanding shares are owned by corporate insiders

ProAm Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 444.24 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ProAm Explorations's market, we take the total number of its shares issued and multiply it by ProAm Explorations'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

ProAm Explorations Corp has return on total asset (ROA) of (0.1936) % which means that it has lost $0.1936 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2808) %, meaning that it generated substantial loss on money invested by shareholders. ProAm Explorations' management efficiency ratios could be used to measure how well ProAm Explorations manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ProAm Explorations' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 605.4 K in 2024, whereas Net Tangible Assets are likely to drop slightly above 514.3 K in 2024.
Leadership effectiveness at ProAm Explorations Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
31.4372
Beta
1.015
Return On Assets
(0.19)
Return On Equity
(0.28)

Technical Drivers

As of the 1st of December, ProAm Explorations holds the Risk Adjusted Performance of 0.0324, variance of 47.75, and Coefficient Of Variation of 3246.66. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProAm Explorations, as well as the relationship between them. Please check ProAm Explorations Corp market risk adjusted performance and total risk alpha to decide if ProAm Explorations Corp is priced some-what accurately, providing market reflects its current price of 0.05 per share.

ProAm Explorations Corp Price Movement Analysis

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ProAm Explorations Outstanding Bonds

ProAm Explorations 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. ProAm Explorations Corp 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 ProAm bonds can be classified according to their maturity, which is the date when ProAm Explorations Corp 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.

ProAm Explorations Predictive Daily Indicators

ProAm Explorations 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 ProAm Explorations 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.

ProAm Explorations Forecast Models

ProAm Explorations' time-series forecasting models are one of many ProAm Explorations' 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 ProAm Explorations' 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 ProAm Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ProAm Explorations 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 ProAm 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 ProAm Explorations. By using and applying ProAm Stock analysis, traders can create a robust methodology for identifying ProAm entry and exit points for their positions.
ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. It also holds a 100 percent interest in the Samuel Lake property and an option to acquire a 100 percent interest in the Jet property located in Elko County, Nevada. PROAM EXPLORATIONS is traded on Commodity Exchange in Exotistan.

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 stock analysis tools, you can find out how much better you can do when adding ProAm Explorations to your portfolios without increasing risk or reducing expected return.

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Additional Tools for ProAm Stock Analysis

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