True North Gems Stock Today
| TGX Stock | CAD 0.05 0.02 28.57% |
Performance8 of 100
| Odds Of DistressLess than 44
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True North is selling for under 0.05 as of the 23rd of November 2024; that is 28.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.05. True North has about a 44 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for True North Gems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
True North Gems Inc. engages in the acquisition, exploration, and development of mineral properties. True North Gems Inc. was founded in 2001 and is based in Vancouver, Canada. TRUE NORTH operates under Other Precious Metals Mining classification in Canada and is traded on TSX Venture Exchange.. The company has 33.58 M outstanding shares of which 20 shares are at this time shorted by private and institutional investors with about 0.03 days to cover all short positions. More on True North Gems
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True 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. True North's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding True North or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | CPA CMA | ||||
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors) | ||||
True North's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to True North'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 LevelsTrue North 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 True North's financial leverage. It provides some insight into what part of True North's total assets is financed by creditors.
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True North Gems (TGX) is traded on TSX Venture Exchange in Canada and employs 9 people. True North 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 1.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate True North's market, we take the total number of its shares issued and multiply it by True North'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. True North Gems classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 33.58 M outstanding shares of which 20 shares are at this time shorted by private and institutional investors with about 0.03 days to cover all short positions.
True North Gems has accumulated about 34.37 K in cash with 16.66 K of positive cash flow from operations.
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Ownership AllocationTrue North Gems shows a total of 33.58 Million outstanding shares. About 98.1 % of True North outstanding shares are held by general public with 1.9 (%) owned by insiders and only 0.0 % 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.
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True North Gems Risk Profiles
Although True North's alpha and beta are two of the key measurements used to evaluate True North's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.51 | |||
| Standard Deviation | 16.36 | |||
| Variance | 267.8 | |||
| Risk Adjusted Performance | 0.0573 |
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True North Corporate Executives
Elected by the shareholders, the True North's board of directors comprises two types of representatives: True North inside directors who are chosen from within the company, and outside directors, selected externally and held independent of True. The board's role is to monitor True North's management team and ensure that shareholders' interests are well served. True North'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, True North's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christopher Richards | Chief Financial Officer | Profile |
Additional Tools for True Stock Analysis
When running True North's price analysis, check to measure True North'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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.