The company holds a Beta of 1.7945, which implies a somewhat significant risk relative to the market. Let's try to break down what Polymet's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Polymet Mining will likely underperform. Even though it is essential to pay attention to
Polymet Mining Corp current trending patterns, it is always good to be careful when utilizing equity existing
price patterns. Our philosophy towards forecasting any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Polymet Mining Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance.
Polymet Mining Corp has an expected return of -1.46%. Please make sure to check Polymet Mining Corp
standard deviation,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
expected short fall to decide if
Polymet Mining Corp performance from the past will be repeated at some point in the near future.
Polymet Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Polymet Mining
financial leverage refers to using borrowed capital as a funding source to finance Polymet Mining Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Polymet Mining financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Polymet Mining's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Polymet Mining's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Polymet Mining's total debt and its cash.
Reported Net Loss for the year was (34.09
M) with loss before taxes, overhead, and interest of (3.97
M).
Tax Liabilities Breakdown
Polymet Mining Tax Liabilities yearly trend continues to be very stable with very little volatility. Tax Liabilities is likely to drop to about 440.2
K. Tax Liabilities usually refers to a component of Total Liabilities representing outstanding tax liabilities. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used. Polymet Mining Tax Liabilities is very stable at the moment as compared to the past year. Polymet Mining reported last year Tax Liabilities of 442,800
| 2010 | 492,000 |
| 2022 | 442,800 |
| 2023 | 440,211 |
Will Polymet Mining recent roll up continue?
The variance is down to 26.31 as of today.
Polymet Mining Corp exhibits very low volatility with skewness of -1.34 and kurtosis of 7.95. However, we advise investors to further study Polymet Mining Corp technical indicators to ensure that all market info is available and is reliable. Polymet Mining Corp is a potential penny stock. Although Polymet Mining may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Polymet Mining Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Polymet instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
Our Bottom Line On Polymet Mining Corp
Although other entities within the other industrial metals & mining industry are still a little expensive, even after the recent corrections, Polymet Mining may offer a potential longer-term growth to insiders. With a somewhat neutral outlook on your 90 days horizon, it may be better to hold off any trading activity and neither buy new shares of Polymet nor drop your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Polymet Mining.
Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Polymet Mining Corp. Please refer to our
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