Asiabasemetals Stock Today
| ABZ Stock | CAD 0.07 0.01 12.50% |
Performance0 of 100
| Odds Of DistressOver 68
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Asiabasemetals is selling for under 0.07 as of the 22nd of November 2024; that is 12.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.07. Asiabasemetals has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Asiabasemetals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
AsiaBaseMetals Inc. engages in the exploration and development of metals in Canada. The company was incorporated in 2009 and is based in Vancouver, Canada. ASIABASEMETALS INC is traded on TSX Venture Exchange in Canada. The company has 49.4 M outstanding shares of which 49 shares are presently shorted by private and institutional investors with about 0.69 days to cover all short positions. More on Asiabasemetals
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Asiabasemetals 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. Asiabasemetals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Asiabasemetals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Asiabasemetals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Asiabasemetals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsAsiabasemetals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Asiabasemetals' financial leverage. It provides some insight into what part of Asiabasemetals' total assets is financed by creditors.
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Asiabasemetals (ABZ) is traded on TSX Venture Exchange in Canada and employs 3 people. Asiabasemetals is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Asiabasemetals's market, we take the total number of its shares issued and multiply it by Asiabasemetals'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. Asiabasemetals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 49.4 M outstanding shares of which 49 shares are presently shorted by private and institutional investors with about 0.69 days to cover all short positions.
Asiabasemetals has accumulated about 175.39 K in cash with (35.19 K) of positive cash flow from operations.
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Ownership AllocationAsiabasemetals holds a total of 49.4 Million outstanding shares. Asiabasemetals shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 67.0 percent of Asiabasemetals outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Asiabasemetals Risk Profiles
Although Asiabasemetals' alpha and beta are two of the key measurements used to evaluate Asiabasemetals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.52 | |||
| Standard Deviation | 6.67 | |||
| Variance | 44.49 | |||
| Risk Adjusted Performance | (0.03) |
Asiabasemetals Stock Against Markets
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When running Asiabasemetals' price analysis, check to measure Asiabasemetals' 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 Asiabasemetals is operating at the current time. Most of Asiabasemetals' value examination focuses on studying past and present price action to predict the probability of Asiabasemetals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asiabasemetals' price. Additionally, you may evaluate how the addition of Asiabasemetals to your portfolios can decrease your overall portfolio volatility.