Riverside Resources Stock Analysis
| RRI Stock | CAD 0.14 0.00 0.00% |
Riverside Resources is overvalued with Real Value of 0.12 and Hype Value of 0.14. The main objective of Riverside Resources stock analysis is to determine its intrinsic value, which is an estimate of what Riverside Resources is worth, separate from its market price. There are two main types of Riverside Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Riverside Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Riverside Resources' stock to identify patterns and trends that may indicate its future price movements.
The Riverside Resources 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. Riverside Resources 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. Riverside Stock trading window is adjusted to America/Toronto timezone.
Riverside |
Riverside Stock Analysis Notes
The company has price-to-book ratio of 0.79. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Riverside Resources has Price/Earnings (P/E) ratio of 110.0. The entity recorded a loss per share of 0.02. The firm had not issued any dividends in recent years. Riverside Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of exploration and evaluation assets in Canada, the United States, and Mexico. Riverside Resources Inc. was founded in 2006 and is headquartered in Vancouver, Canada. RIVERSIDE RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Riverside Resources contact JohnMark PGeo at 778 327 6671 or learn more at https://www.rivres.com.Riverside Resources Investment Alerts
| Riverside Resources has some characteristics of a very speculative penny stock | |
| Riverside Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (395.19 K) with loss before overhead, payroll, taxes, and interest of (4.66 K). | |
| Riverside Resources has accumulated about 5.24 M in cash with (592.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Riverside Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Riverside Resources's market, we take the total number of its shares issued and multiply it by Riverside Resources'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.Riverside Profitablity
Riverside Resources' profitability indicators refer to fundamental financial ratios that showcase Riverside Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Riverside Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Riverside Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Riverside Resources' profitability requires more research than a typical breakdown of Riverside Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Management Efficiency
Riverside Resources has return on total asset (ROA) of (0.1013) % which means that it has lost $0.1013 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0708) %, meaning that it generated substantial loss on money invested by shareholders. Riverside Resources' management efficiency ratios could be used to measure how well Riverside Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.02 in 2024. Return On Capital Employed is likely to drop to -0.07 in 2024. Non Currrent Assets Other is likely to climb to about 1.2 M in 2024, whereas Total Assets are likely to drop slightly above 11.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.39 | 0.31 | |
| Tangible Book Value Per Share | 0.39 | 0.31 | |
| Enterprise Value Over EBITDA | 7.07 | 7.43 | |
| Price Book Value Ratio | 0.44 | 0.41 | |
| Enterprise Value Multiple | 7.07 | 7.43 | |
| Price Fair Value | 0.44 | 0.41 | |
| Enterprise Value | 2.2 M | 2.1 M |
Leadership effectiveness at Riverside Resources is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.565 | Return On Assets (0.10) | Return On Equity (0.07) |
Technical Drivers
As of the 25th of November, Riverside Resources holds the Semi Deviation of 2.14, risk adjusted performance of 0.0188, and Coefficient Of Variation of 6770.52. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Riverside Resources, as well as the relationship between them. Please check Riverside Resources downside deviation and the relationship between the information ratio and expected short fall to decide if Riverside Resources is priced some-what accurately, providing market reflects its current price of 0.14 per share.Riverside Resources Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Riverside Resources 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 Riverside Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Riverside Resources Outstanding Bonds
Riverside Resources 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. Riverside Resources 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 Riverside bonds can be classified according to their maturity, which is the date when Riverside Resources 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.
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Riverside Resources Predictive Daily Indicators
Riverside Resources 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 Riverside Resources 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.
Riverside Resources Forecast Models
Riverside Resources' time-series forecasting models are one of many Riverside Resources' 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 Riverside Resources' 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 Riverside Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Riverside Resources 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 Riverside 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 Riverside Resources. By using and applying Riverside Stock analysis, traders can create a robust methodology for identifying Riverside entry and exit points for their positions.
| Last Reported | Projected for Next Year |
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Additional Tools for Riverside Stock Analysis
When running Riverside Resources' price analysis, check to measure Riverside Resources' 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 Riverside Resources is operating at the current time. Most of Riverside Resources' value examination focuses on studying past and present price action to predict the probability of Riverside Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Riverside Resources' price. Additionally, you may evaluate how the addition of Riverside Resources to your portfolios can decrease your overall portfolio volatility.