Spanish Mountain Gold Stock Today

SPA Stock  CAD 0.11  0.01  8.33%   

Performance

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Odds Of Distress

Over 67

 
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Spanish Mountain is selling for under 0.11 as of the 1st of December 2024; that is 8.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.11. Spanish Mountain has more than 67 % 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 Spanish Mountain Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Spanish Mountain Gold Ltd., an exploration stage resource company, engages in the acquisition, exploration, and development of mineral properties in Canada. Spanish Mountain Gold Ltd. is headquartered in Vancouver, Canada. SPANISH MOUNTAIN operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 444.74 M outstanding shares of which 2.07 M shares are at this time shorted by private and institutional investors with about 9.96 days to cover all short positions. More on Spanish Mountain Gold

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Spanish 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. Spanish Mountain's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spanish Mountain or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentGeorge PEng
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Spanish Mountain's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Spanish Mountain'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
Spanish Mountain 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 Spanish Mountain's financial leverage. It provides some insight into what part of Spanish Mountain's total assets is financed by creditors.
Liquidity
Spanish Mountain 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. Spanish Mountain Gold has accumulated 290.85 K in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Spanish Mountain Gold has a current ratio of 2.82, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Spanish Mountain until it has trouble settling it off, either with new capital or with free cash flow. So, Spanish Mountain'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 Spanish Mountain Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spanish to invest in growth at high rates of return. When we think about Spanish Mountain's use of debt, we should always consider it together with cash and equity.

End Period Cash Flow

102,619
Spanish Mountain Gold (SPA) is traded on TSX Venture Exchange in Canada and employs 8 people. Spanish Mountain is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 48.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spanish Mountain's market, we take the total number of its shares issued and multiply it by Spanish Mountain'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. Spanish Mountain Gold classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 444.74 M outstanding shares of which 2.07 M shares are at this time shorted by private and institutional investors with about 9.96 days to cover all short positions. Spanish Mountain Gold has accumulated about 1.04 M in cash with (2.28 M) of positive cash flow from operations.
Check Spanish Mountain Probability Of Bankruptcy
Ownership Allocation
Spanish Mountain Gold shows a total of 444.74 Million outstanding shares. Spanish Mountain Gold maintains 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. 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 Spanish Ownership Details

Spanish Mountain Gold Risk Profiles

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

Spanish Stock Against Markets

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Spanish Mountain Corporate Management

Elected by the shareholders, the Spanish Mountain's board of directors comprises two types of representatives: Spanish Mountain inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Spanish. The board's role is to monitor Spanish Mountain's management team and ensure that shareholders' interests are well served. Spanish Mountain'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, Spanish Mountain's outside directors are responsible for providing unbiased perspectives on the board's policies.
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Additional Tools for Spanish Stock Analysis

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