Proam Explorations Corp Stock Today

PMX Stock  CAD 0.03  0.00  0.00%   

Performance

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Odds Of Distress

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ProAm Explorations is selling for under 0.03 as of the 17th of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.03. ProAm Explorations has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Energy
ProAm Explorations Corporation operates as a junior mineral, and oil and natural gas exploration and development company in Canada and the United States. It also holds a 100 percent interest in the Samuel Lake property and an option to acquire a 100 percent interest in the Jet property located in Elko County, Nevada. The company has 8.88 M outstanding shares of which 71 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. More on ProAm Explorations Corp

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ProAm 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. ProAm Explorations' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProAm Explorations or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODonald Macdonald
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
ProAm Explorations' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ProAm Explorations' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
ProAm Explorations 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 ProAm Explorations' financial leverage. It provides some insight into what part of ProAm Explorations' total assets is financed by creditors.
Liquidity
ProAm Explorations cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. ProAm Explorations Corp has accumulated 49.04 K in total debt with debt to equity ratio (D/E) of 0.06, which may suggest the company is not taking enough advantage from borrowing. ProAm Explorations Corp has a current ratio of 0.78, 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 ProAm Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, ProAm Explorations' 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 ProAm Explorations Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProAm to invest in growth at high rates of return. When we think about ProAm Explorations' use of debt, we should always consider it together with cash and equity.

Change To Liabilities

2,414
ProAm Explorations Corp (PMX) is traded on TSX Venture Exchange in Canada and employs 5 people. ProAm Explorations is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 266.55 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ProAm Explorations's market, we take the total number of its shares issued and multiply it by ProAm Explorations'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. ProAm Explorations Corp classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 8.88 M outstanding shares of which 71 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. ProAm Explorations Corp has accumulated about 13.24 K in cash with (32.58 K) of positive cash flow from operations.
Check ProAm Explorations Probability Of Bankruptcy
Ownership Allocation
ProAm Explorations has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months.
Check ProAm Ownership Details

ProAm Explorations Corp Risk Profiles

Although ProAm Explorations' alpha and beta are two of the key measurements used to evaluate ProAm Explorations' performance over the market, the standard measures of volatility play an important role as well.

ProAm Stock Against Markets

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Additional Tools for ProAm Stock Analysis

When running ProAm Explorations' price analysis, check to measure ProAm Explorations' 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 ProAm Explorations is operating at the current time. Most of ProAm Explorations' value examination focuses on studying past and present price action to predict the probability of ProAm Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAm Explorations' price. Additionally, you may evaluate how the addition of ProAm Explorations to your portfolios can decrease your overall portfolio volatility.