Canuc Resources Corp Stock Today
| CDA Stock | CAD 0.11 0.01 10.00% |
Performance4 of 100
| Odds Of DistressOver 64
|
Canuc Resources is selling for under 0.11 as of the 6th of May 2024; that is 10.00 percent up since the beginning of the trading day. The stock's lowest day price was 0.1. Canuc Resources has more than 64 % 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 Canuc Resources Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Energy |
Canuc Resources Corporation, together with its subsidiaries, engages in exploration, evaluation, and development of precious and base metal projects and oil and gas properties in Canada, the United States, and Mexico. Canuc Resources Corporation is headquartered in Toronto, Canada. The company has 160.01 M outstanding shares of which 1.33 K shares are currently shorted by private and institutional investors with about 0.08 days to cover all short positions. More on Canuc Resources Corp
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Canuc 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. Canuc Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canuc Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christopher Berlet | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Canuc Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Canuc Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to 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 Canuc Resources' financial leverage. It provides some insight into what part of Canuc Resources' total assets is financed by creditors.
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Canuc Resources Corp (CDA) is traded on TSX Venture Exchange in Canada and employs 12 people. Canuc Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canuc Resources's market, we take the total number of its shares issued and multiply it by Canuc Resources'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. Canuc Resources Corp classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 160.01 M outstanding shares of which 1.33 K shares are currently shorted by private and institutional investors with about 0.08 days to cover all short positions.
Canuc Resources Corp has accumulated about 3.02 M in cash with (2.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Canuc Resources Probability Of Bankruptcy
Ownership AllocationCanuc Resources holds a total of 160.01 Million outstanding shares. Canuc Resources Corp shows 11.15 percent of its outstanding shares held by insiders and 0.0 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 Canuc Ownership Details
Canuc Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Canuc Resources jumping above the current price in 90 days from now is about 14.49%. The Canuc Resources Corp probability density function shows the probability of Canuc Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Canuc Resources has a beta of 0.9047 suggesting Canuc Resources Corp market returns are correlated to returns on the market. As the market goes up or down, Canuc Resources is expected to follow. Additionally, canuc Resources Corp has an alpha of 0.5118, implying that it can generate a 0.51 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Canuc Resources to move above the current price in 90 days from now is about 14.49 (This Canuc Resources Corp probability density function shows the probability of Canuc Stock to fall within a particular range of prices over 90 days) .
Canuc Resources Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canuc Resources market risk premium is the additional return an investor will receive from holding Canuc Resources 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 Canuc Resources. 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 Canuc Resources' alpha and beta are two of the key measurements used to evaluate Canuc Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.46 | |||
| Semi Deviation | 6.07 | |||
| Standard Deviation | 9.76 | |||
| Variance | 95.25 |
Canuc Stock Against Markets
Picking the right benchmark for Canuc Resources stock 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 Canuc Resources stock 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 Canuc Resources is critical whether you are bullish or bearish towards Canuc Resources Corp at a given time. Please also check how Canuc Resources' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Canuc Resources 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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Canuc Resources Corporate Directors
Canuc Resources corporate directors refer to members of a Canuc Resources board of directors. The board of directors generally takes responsibility for the Canuc Resources' 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 Canuc Resources' board members must vote for the resolution. The Canuc Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Lynch | Independent Director | Profile | |
| Paul Davis | Director | Profile | |
| Bruce Reid | Director | Profile | |
| MarcAndre Lavoie | Director | Profile |
How to buy Canuc Stock?
Before investing in Canuc Resources, 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 Canuc Resources. To buy Canuc Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canuc Resources. 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 Canuc Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Canuc Resources Corp 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 Canuc Resources Corp 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 Canuc Resources Corp, 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 Canuc Resources Corp?
The danger of trading Canuc Resources Corp 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 Canuc Resources 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 Canuc Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canuc Resources Corp 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 Canuc Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Canuc Stock analysis
When running Canuc Resources' price analysis, check to measure Canuc Resources' 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 Canuc Resources is operating at the current time. Most of Canuc Resources' value examination focuses on studying past and present price action to predict the probability of Canuc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canuc Resources' price. Additionally, you may evaluate how the addition of Canuc Resources to your portfolios can decrease your overall portfolio volatility.
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