Pacific Ridge Exploration Stock Today
| PEX Stock | CAD 0.12 0.02 20.00% |
Performance0 of 100
| Odds Of DistressOver 63
|
Pacific Ridge is selling for under 0.12 as of the 19th of April 2024; that is 20.00 percent increase since the beginning of the trading day. The stock's lowest day price was 0.12. Pacific Ridge has more than 63 % 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 Pacific Ridge Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Pacific Ridge Exploration Ltd., an exploration stage company, engages in the acquisition and exploration of resource properties in Canada and the United States. Pacific Ridge Exploration Ltd. was founded in 1979 and is headquartered in Vancouver, Canada. The company has 151.09 M outstanding shares of which 110.55 K shares are at this time shorted by private and institutional investors with about 0.82 days to cover all short positions. More on Pacific Ridge Exploration
Moving against Pacific Stock
| 0.59 | CYB | Cymbria | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Pacific 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. Pacific Ridge's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Pacific Ridge or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | John Brock | ||||
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Pacific Ridge's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Pacific Ridge's 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 Pacific Ridge's financial leverage. It provides some insight into what part of Pacific Ridge's total assets is financed by creditors.
| |||||
Pacific Ridge Exploration (PEX) is traded on TSX Venture Exchange in Canada and employs 17 people. Pacific Ridge is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Pacific Ridge's market, we take the total number of its shares issued and multiply it by Pacific Ridge'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. Pacific Ridge Exploration classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 151.09 M outstanding shares of which 110.55 K shares are at this time shorted by private and institutional investors with about 0.82 days to cover all short positions.
Pacific Ridge Exploration has accumulated about 1.11 M in cash with (6.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Pacific Ridge Probability Of Bankruptcy
Ownership AllocationPacific Ridge Exploration has a total of 151.09 Million outstanding shares. Pacific Ridge has 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Pacific Ownership Details
Pacific Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Pacific Ridge jumping above the current price in 90 days from now is about 50.0%. The Pacific Ridge Exploration probability density function shows the probability of Pacific Ridge stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Pacific Ridge has a beta of 0.2325 indicating as returns on the market go up, Pacific Ridge average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Pacific Ridge Exploration will be expected to be much smaller as well. Additionally, pacific Ridge Exploration has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Pacific Ridge to move above the current price in 90 days from now is about 50.0 (This Pacific Ridge Exploration probability density function shows the probability of Pacific Stock to fall within a particular range of prices over 90 days) .
Pacific Ridge Exploration Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Pacific Ridge market risk premium is the additional return an investor will receive from holding Pacific Ridge 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 Pacific Ridge. 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 Pacific Ridge's alpha and beta are two of the key measurements used to evaluate Pacific Ridge's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.32 | |||
| Standard Deviation | 8.08 | |||
| Variance | 65.31 | |||
| Risk Adjusted Performance | (0.01) |
Pacific Stock Against Markets
Picking the right benchmark for Pacific Ridge 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 Pacific Ridge 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 Pacific Ridge is critical whether you are bullish or bearish towards Pacific Ridge Exploration at a given time. Please also check how Pacific Ridge's 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 Pacific Ridge 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?
Run Price Ceiling Movement Now
Price Ceiling MovementCalculate and plot Price Ceiling Movement for different equity instruments |
| All Next | Launch Module |
Pacific Ridge Corporate Directors
Pacific Ridge corporate directors refer to members of a Pacific Ridge board of directors. The board of directors generally takes responsibility for the Pacific Ridge's 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 Pacific Ridge's board members must vote for the resolution. The Pacific Ridge board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Blaine Monaghan | Director | Profile | |
| Douglas Proctor | Independent Director | Profile | |
| Bruce Youngman | Independent Director | Profile | |
| R Davis | Independent Director | Profile |
How to buy Pacific Stock?
Before investing in Pacific Ridge, 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 Pacific Ridge. To buy Pacific Ridge stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Pacific Ridge. 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 Pacific Ridge stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Pacific Ridge Exploration 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 Pacific Ridge Exploration 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 Pacific Ridge Exploration, 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 Pacific Ridge Exploration?
The danger of trading Pacific Ridge Exploration 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 Pacific Ridge 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 Pacific Ridge. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Pacific Ridge Exploration 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Ridge Exploration. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Pacific Stock analysis
When running Pacific Ridge's price analysis, check to measure Pacific Ridge'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 Pacific Ridge is operating at the current time. Most of Pacific Ridge's value examination focuses on studying past and present price action to predict the probability of Pacific Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Ridge's price. Additionally, you may evaluate how the addition of Pacific Ridge to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| CEOs Directory Screen CEOs from public companies around the world | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |