RIDGELINE MINERALS (Germany) Today
RIDGELINE MINERALS is trading at 0.0995 as of the 28th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0995. Equity ratings for RIDGELINE MINERALS P are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Valuation
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RIDGELINE Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RIDGELINE MINERALS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RIDGELINE MINERALS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Gold, Basic Materials (View all Sectors) |
RIDGELINE MINERALS P (0GC0) is traded on Frankfurt Exchange in Germany . The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RIDGELINE MINERALS's market, we take the total number of its shares issued and multiply it by RIDGELINE MINERALS'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. RIDGELINE MINERALS operates under Basic Materials sector and is part of Gold industry. The entity has 68.47 M outstanding shares.
RIDGELINE MINERALS P has accumulated about 4.42 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
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RIDGELINE Stock Against Markets
RIDGELINE MINERALS Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RIDGELINE MINERALS stock to make a market-neutral strategy. Peer analysis of RIDGELINE MINERALS could also be used in its relative valuation, which is a method of valuing RIDGELINE MINERALS by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in RIDGELINE Stock
RIDGELINE MINERALS financial ratios help investors to determine whether RIDGELINE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RIDGELINE with respect to the benefits of owning RIDGELINE MINERALS security.