Scorpio Gold Corp Stock Analysis
| SRCRF Stock | USD 0.25 0.03 10.71% |
Scorpio Gold Corp holds a debt-to-equity ratio of 0.405. Scorpio Gold's financial risk is the risk to Scorpio Gold stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Scorpio Gold's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Scorpio Gold's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Scorpio OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Scorpio Gold's stakeholders.
For many companies, including Scorpio Gold, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Scorpio Gold Corp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Scorpio Gold's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Scorpio Gold's debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Scorpio Gold is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Scorpio Gold to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Scorpio Gold is said to be less leveraged. If creditors hold a majority of Scorpio Gold's assets, the OTC Stock is said to be highly leveraged.
Scorpio Gold Corp is overvalued with Real Value of 0.23 and Hype Value of 0.25. The main objective of Scorpio Gold otc analysis is to determine its intrinsic value, which is an estimate of what Scorpio Gold Corp is worth, separate from its market price. There are two main types of Scorpio Gold's stock analysis: fundamental analysis and technical analysis.
The Scorpio Gold otc stock is traded in the USA on OTCQB 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 Scorpio Gold's ongoing operational relationships across important fundamental and technical indicators.
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Scorpio OTC Stock Analysis Notes
About 36.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.28. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Scorpio Gold Corp recorded a loss per share of 0.05. The entity last dividend was issued on the 15th of April 2019. The firm had 1:2 split on the 15th of April 2019. Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It also holds 100 percent interest in the Manhattan property covering an area of 1,740 hectares located in Nye County, Nevada. Scorpio Gold operates under Gold classification in the United States and is traded on OTC Exchange.The quote for Scorpio Gold Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Scorpio Gold Corp contact the company at 604 536 2711 or learn more at https://www.scorpiogold.com.Scorpio Gold Corp Investment Alerts
| Scorpio Gold Corp had very high historical volatility over the last 90 days | |
| Scorpio Gold Corp has some characteristics of a very speculative penny stock | |
| Scorpio Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Scorpio Gold Corp has accumulated 2.3 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. Scorpio Gold Corp has a current ratio of 0.36, 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 Scorpio Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Scorpio Gold'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 Scorpio Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scorpio to invest in growth at high rates of return. When we think about Scorpio Gold's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 3.24 M. Net Loss for the year was (4.68 M) with loss before overhead, payroll, taxes, and interest of (1.79 M). | |
| Scorpio Gold Corp has accumulated about 522 K in cash with (2.6 M) of positive cash flow from operations. | |
| Roughly 36.0% of Scorpio Gold outstanding shares are owned by corporate insiders |
Scorpio Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scorpio Gold's market, we take the total number of its shares issued and multiply it by Scorpio Gold'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 8th of February, Scorpio Gold has the Coefficient Of Variation of 1927.25, risk adjusted performance of 0.0506, and Semi Deviation of 5.61. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scorpio Gold Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Scorpio Gold Corp, which can be compared to its competition. Please validate Scorpio Gold Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Scorpio Gold is priced more or less accurately, providing market reflects its prevalent price of 0.25 per share. As Scorpio Gold Corp appears to be a penny stock we also recommend to double-check its total risk alpha numbers.Scorpio Gold Corp Price Movement Analysis
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Scorpio Gold Outstanding Bonds
Scorpio Gold 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. Scorpio Gold 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 Scorpio bonds can be classified according to their maturity, which is the date when Scorpio Gold 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.
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Scorpio Gold Predictive Daily Indicators
Scorpio Gold 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 Scorpio Gold otc 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.
Scorpio Gold Forecast Models
Scorpio Gold's time-series forecasting models are one of many Scorpio Gold's otc 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 Scorpio Gold'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.Scorpio Gold Corp Debt to Cash Allocation
Many companies such as Scorpio Gold, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Scorpio Gold Corp has accumulated 2.3 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. Scorpio Gold Corp has a current ratio of 0.36, 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 Scorpio Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Scorpio Gold'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 Scorpio Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Scorpio to invest in growth at high rates of return. When we think about Scorpio Gold's use of debt, we should always consider it together with cash and equity.Scorpio Gold 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 Scorpio Gold's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Scorpio Gold, which in turn will lower the firm's financial flexibility.Scorpio Gold Corporate Bonds Issued
Most Scorpio bonds can be classified according to their maturity, which is the date when Scorpio Gold 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.
About Scorpio OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Scorpio Gold 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 Scorpio shares will generate the highest return on investment. We also built our otc 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 OTC such as Scorpio Gold. By using and applying Scorpio OTC Stock analysis, traders can create a robust methodology for identifying Scorpio entry and exit points for their positions.
Scorpio Gold Corporation, together with its subsidiaries, engages in the exploitation, exploration, and development of mineral resource properties in the United States. It also holds 100 percent interest in the Manhattan property covering an area of 1,740 hectares located in Nye County, Nevada. Scorpio Gold operates under Gold classification in the United States and is traded on OTC Exchange.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Scorpio Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Scorpio Gold's price analysis, check to measure Scorpio Gold'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 Scorpio Gold is operating at the current time. Most of Scorpio Gold's value examination focuses on studying past and present price action to predict the probability of Scorpio Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Gold's price. Additionally, you may evaluate how the addition of Scorpio Gold to your portfolios can decrease your overall portfolio volatility.
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