Sky Gold Corp Stock Today

SKYG Stock  CAD 0.03  0.01  14.29%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Over 67

 
High
 
Low
Quite High
Sky Gold is selling for under 0.03 as of the 22nd of November 2024; that is 14.29% down since the beginning of the trading day. The stock's lowest day price was 0.03. Sky Gold has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Sky Gold Corp 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
Sky Gold Corp., a junior mining exploration company, explores for and develops mineral properties in Canada. Sky Gold Corp. was incorporated in 2008 and is based in Vancouver, Canada. SKY GOLD operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 54.75 M outstanding shares of which 654 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Sky Gold Corp

Sky 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. Sky Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sky Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Sky Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sky Gold's 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
Sky Gold 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 Sky Gold's financial leverage. It provides some insight into what part of Sky Gold's total assets is financed by creditors.
Liquidity
Sky Gold 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. Sky Gold Corp has accumulated 5 K in total debt. Sky Gold Corp has a current ratio of 1.18, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Sky Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Sky 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 Sky Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sky to invest in growth at high rates of return. When we think about Sky Gold's use of debt, we should always consider it together with cash and equity.

Stock Based Compensation

182,449
Sky Gold Corp (SKYG) is traded on TSX Venture Exchange in Canada and employs 4 people. Sky Gold 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 1.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sky Gold's market, we take the total number of its shares issued and multiply it by Sky 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. Sky Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 54.75 M outstanding shares of which 654 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. Sky Gold Corp has accumulated about 3.65 K in cash with (527.65 K) of positive cash flow from operations.
Check Sky Gold Probability Of Bankruptcy
Ownership Allocation
Sky Gold Corp shows a total of 54.75 Million outstanding shares. Sky Gold Corp has 3.04 % of its outstanding shares held by insiders and 0.0 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sky Ownership Details

Sky Gold Corp Risk Profiles

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

Sky Stock Against Markets

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Sky Gold Corporate Management

Elected by the shareholders, the Sky Gold's board of directors comprises two types of representatives: Sky Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sky. The board's role is to monitor Sky Gold's management team and ensure that shareholders' interests are well served. Sky Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sky Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert WeickerChief AdvisorProfile
Michael EnglandCEO DirectorProfile
Cheuk CPAChief OfficerProfile
Leon HoChief OfficerProfile

Additional Tools for Sky Stock Analysis

When running Sky Gold's price analysis, check to measure Sky 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 Sky Gold is operating at the current time. Most of Sky Gold's value examination focuses on studying past and present price action to predict the probability of Sky 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 Sky Gold's price. Additionally, you may evaluate how the addition of Sky Gold to your portfolios can decrease your overall portfolio volatility.