Resolute Mining Limited Stock Analysis
| RMGGF Stock | USD 0.28 0.02 7.69% |
Resolute Mining Limited is fairly valued with Real Value of 0.27 and Hype Value of 0.28. The main objective of Resolute Mining pink sheet analysis is to determine its intrinsic value, which is an estimate of what Resolute Mining Limited is worth, separate from its market price. There are two main types of Resolute Mining's stock analysis: fundamental analysis and technical analysis.
The Resolute Mining 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 Resolute Mining's ongoing operational relationships across important fundamental and technical indicators.
Resolute |
Resolute Pink Sheet Analysis Notes
About 39.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.37. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Resolute Mining recorded a loss per share of 0.29. The entity last dividend was issued on the 28th of September 2017. Resolute Mining Limited engages in mining, exploration, development, operation, and production of gold properties in Africa, the United Kingdom, and Australia. Resolute Mining Limited was incorporated in 2001 and is based in Perth, Australia. RESOLUTE MINING operates under Gold classification in the United States and is traded on OTC Exchange. It employs 4059 people.The quote for Resolute Mining Limited 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 Resolute Mining Limited contact CEng BSc at 61 8 9261 6100 or learn more at https://www.rml.com.au.Resolute Mining Investment Alerts
| Resolute Mining generated a negative expected return over the last 90 days | |
| Resolute Mining has high historical volatility and very poor performance | |
| Resolute Mining has some characteristics of a very speculative penny stock | |
| Resolute Mining Limited has accumulated 223.98 M in total debt with debt to equity ratio (D/E) of 0.7, which is about average as compared to similar companies. Resolute Mining has a current ratio of 0.91, 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 Resolute Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Resolute 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 Resolute Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Resolute to invest in growth at high rates of return. When we think about Resolute Mining's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 549.24 M. Net Loss for the year was (319.2 M) with profit before overhead, payroll, taxes, and interest of 120.93 M. |
Resolute Mining Thematic Classifications
In addition to having Resolute Mining pink sheet in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Gold and Gold MiningStocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas |
Resolute Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 485.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resolute Mining's market, we take the total number of its shares issued and multiply it by Resolute 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.Resolute Profitablity
The company has Profit Margin (PM) of (0.26) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.12) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.12.Technical Drivers
As of the 23rd of November, Resolute Mining holds the Coefficient Of Variation of (2,200), variance of 49.08, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Resolute Mining, as well as the relationship between them. Please check Resolute Mining coefficient of variation and the relationship between the information ratio and kurtosis to decide if Resolute Mining is priced some-what accurately, providing market reflects its current price of 0.28 per share. As Resolute Mining appears to be a penny stock we also advise to check out its jensen alpha numbers.Resolute Mining 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. Resolute Mining 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 Resolute Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Resolute Mining Predictive Daily Indicators
Resolute Mining 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 Resolute Mining 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 0.28 | |||
| Day Typical Price | 0.28 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | 0.02 | |||
| Relative Strength Index | 78.68 |
Resolute Mining Forecast Models
Resolute Mining's time-series forecasting models are one of many Resolute 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 Resolute 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.About Resolute Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Resolute 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 Resolute 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 Resolute Mining. By using and applying Resolute Pink Sheet analysis, traders can create a robust methodology for identifying Resolute entry and exit points for their positions.
Resolute Mining Limited engages in mining, exploration, development, operation, and production of gold properties in Africa, the United Kingdom, and Australia. Resolute Mining Limited was incorporated in 2001 and is based in Perth, Australia. RESOLUTE MINING operates under Gold classification in the United States and is traded on OTC Exchange. It employs 4059 people.
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 Resolute Mining to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Resolute Pink Sheet analysis
When running Resolute Mining's price analysis, check to measure Resolute 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 Resolute Mining is operating at the current time. Most of Resolute Mining's value examination focuses on studying past and present price action to predict the probability of Resolute 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 Resolute Mining's price. Additionally, you may evaluate how the addition of Resolute Mining to your portfolios can decrease your overall portfolio volatility.
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