Almadex Minerals Stock Today
| AAMMF Stock | USD 0.18 0.02 12.50% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Almadex Minerals is trading at 0.18 as of the 18th of April 2024. This is a 12.50 percent increase since the beginning of the trading day. The stock's lowest day price was 0.15. Almadex Minerals has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Almadex Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Almadex Minerals Ltd. engages in the acquisition and exploration of mineral resource properties. Almadex Minerals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. Almadex Minerals operates under Gold classification in the United States and is traded on OTC Exchange.. The company has 60.61 M outstanding shares. More on Almadex Minerals
Follow Valuation Odds of Bankruptcy
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Almadex Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Almadex Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Almadex Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Morgan Poliquin |
| Business Concentration | Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Almadex Minerals [AAMMF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Almadex Minerals's market, we take the total number of its shares issued and multiply it by Almadex Minerals'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. Almadex Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 60.61 M outstanding shares.
Almadex Minerals has accumulated about 18.7 M in cash with 222.52 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Almadex Minerals Probability Of Bankruptcy
Ownership AllocationAlmadex Minerals holds a total of 60.61 Million outstanding shares. Almadex Minerals shows 6.19 percent of its outstanding shares held by insiders and 4.56 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Almadex Ownership Details
Almadex Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Almadex Minerals jumping above the current price in 90 days from now is about 7.51%. The Almadex Minerals probability density function shows the probability of Almadex Minerals pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Almadex Minerals has a beta of -0.3517. This suggests as returns on the benchmark increase, returns on holding Almadex Minerals are expected to decrease at a much lower rate. During a bear market, however, Almadex Minerals is likely to outperform the market. Additionally, almadex Minerals has an alpha of 0.501, implying that it can generate a 0.5 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Almadex Minerals to move above the current price in 90 days from now is about 7.51 (This Almadex Minerals probability density function shows the probability of Almadex Pink Sheet to fall within a particular range of prices over 90 days) .
Almadex Minerals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Almadex Minerals market risk premium is the additional return an investor will receive from holding Almadex Minerals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Almadex Minerals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Almadex Minerals' alpha and beta are two of the key measurements used to evaluate Almadex Minerals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 6.73 | |||
| Semi Deviation | 8.03 | |||
| Standard Deviation | 10.0 | |||
| Variance | 100.03 |
Almadex Stock Against Markets
Picking the right benchmark for Almadex Minerals pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Almadex Minerals pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Almadex Minerals is critical whether you are bullish or bearish towards Almadex Minerals at a given time. Please also check how Almadex Minerals' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Almadex Minerals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Almadex Minerals Corporate Directors
Almadex Minerals corporate directors refer to members of an Almadex Minerals board of directors. The board of directors generally takes responsibility for the Almadex Minerals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Almadex Minerals' board members must vote for the resolution. The Almadex Minerals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John McCleary | Director | Profile | |
| William Worrall | Director | Profile | |
| Larry Segerstrom | Director | Profile | |
| Mark Brown | Director | Profile |
How to buy Almadex Pink Sheet?
Before investing in Almadex Minerals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Almadex Minerals. To buy Almadex Minerals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Almadex Minerals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Almadex Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Almadex Minerals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Almadex Minerals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Almadex Minerals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Almadex Minerals?
The danger of trading Almadex Minerals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Almadex Minerals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Almadex Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Almadex Minerals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Almadex Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Almadex Pink Sheet analysis
When running Almadex Minerals' price analysis, check to measure Almadex Minerals' 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 Almadex Minerals is operating at the current time. Most of Almadex Minerals' value examination focuses on studying past and present price action to predict the probability of Almadex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Almadex Minerals' price. Additionally, you may evaluate how the addition of Almadex Minerals to your portfolios can decrease your overall portfolio volatility.
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