Zincx Resources Corp Stock Analysis
| ZNX Stock | CAD 0.08 0.01 11.11% |
ZincX Resources Corp is overvalued with Real Value of 0.0714 and Hype Value of 0.08. The main objective of ZincX Resources stock analysis is to determine its intrinsic value, which is an estimate of what ZincX Resources Corp is worth, separate from its market price. There are two main types of ZincX Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ZincX Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ZincX Resources' stock to identify patterns and trends that may indicate its future price movements.
The ZincX 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. ZincX 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. ZincX Stock trading window is adjusted to America/Toronto timezone.
ZincX |
ZincX Stock Analysis Notes
About 27.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 0.63. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. ZincX Resources Corp had not issued any dividends in recent years. The entity had 1:2 split on the 9th of August 2005. ZincX Resources Corp. explores for and evaluates mineral resource properties in Canada. ZincX Resources Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. ZINCX RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. For more information please call the company at 604 684 2181 or visit https://www.zincxresources.com.ZincX Resources Corp Investment Alerts
| ZincX Resources Corp generated a negative expected return over the last 90 days | |
| ZincX Resources Corp has some characteristics of a very speculative penny stock | |
| ZincX Resources Corp has high historical volatility and very poor performance | |
| ZincX Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (564.66 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| ZincX Resources Corp has accumulated about 3.72 M in cash with (546.78 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 27.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Aya Gold Silver shares get Outperformer rating on potential - Investing.com |
ZincX Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ZincX Resources's market, we take the total number of its shares issued and multiply it by ZincX 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.Management Efficiency
ZincX Resources Corp has return on total asset (ROA) of (0.0237) % which means that it has lost $0.0237 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0366) %, meaning that it generated substantial loss on money invested by shareholders. ZincX Resources' management efficiency ratios could be used to measure how well ZincX Resources manages its routine affairs as well as how well it operates its assets and liabilities. Net Tangible Assets is likely to drop to about 61 M in 2024. Other Assets is likely to drop to about 274.6 K in 2024Leadership effectiveness at ZincX Resources Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.341 | Return On Assets (0.02) | Return On Equity (0.04) |
Technical Drivers
As of the 27th of November, ZincX Resources maintains the Standard Deviation of 4.56, mean deviation of 1.91, and Market Risk Adjusted Performance of 2.15. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of ZincX Resources Corp, as well as the relationship between them. Please check out ZincX Resources Corp risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if ZincX Resources Corp is priced fairly, providing market reflects its latest price of 0.08 per share.ZincX Resources Corp Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ZincX 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 ZincX Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ZincX Resources Outstanding Bonds
ZincX 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. ZincX Resources 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 ZincX bonds can be classified according to their maturity, which is the date when ZincX Resources 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.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
ZincX Resources Predictive Daily Indicators
ZincX 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 ZincX 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.08 | |||
| Day Typical Price | 0.08 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 41.11 |
ZincX Resources Forecast Models
ZincX Resources' time-series forecasting models are one of many ZincX 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 ZincX 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 ZincX Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ZincX 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 ZincX 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 ZincX Resources. By using and applying ZincX Stock analysis, traders can create a robust methodology for identifying ZincX entry and exit points for their positions.
ZincX Resources Corp. explores for and evaluates mineral resource properties in Canada. ZincX Resources Corp. was incorporated in 1988 and is headquartered in Vancouver, Canada. ZINCX RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
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 ZincX Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
Additional Tools for ZincX Stock Analysis
When running ZincX Resources' price analysis, check to measure ZincX 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 ZincX Resources is operating at the current time. Most of ZincX Resources' value examination focuses on studying past and present price action to predict the probability of ZincX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZincX Resources' price. Additionally, you may evaluate how the addition of ZincX Resources to your portfolios can decrease your overall portfolio volatility.