Viscount Mining Corp Stock Today

VML Stock  CAD 0.17  0.01  5.56%   

Performance

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Odds Of Distress

Over 88

 
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Viscount Mining is selling for under 0.17 as of the 29th of March 2024; that is -5.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.17. Viscount Mining has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Viscount Mining Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Viscount Mining Corp. explores for and evaluates mineral properties in the United States. The company was incorporated in 2011 and is headquartered in North Vancouver, Canada. VISCOUNT MINING operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 88.16 M outstanding shares of which 13.05 K shares are at this time shorted by private and institutional investors with about 0.72 days to cover all short positions. More on Viscount Mining Corp

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Viscount 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. Viscount Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Viscount Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEOJim Mackenzie
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
Viscount Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Viscount Mining'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 Viscount Mining's financial leverage. It provides some insight into what part of Viscount Mining's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Viscount Mining's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Viscount Mining deploys its capital and how much of that capital is borrowed.
Liquidity
Viscount Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has a current ratio of 17.72, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Viscount Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Viscount Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Viscount Mining Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Viscount to invest in growth at high rates of return. When we think about Viscount Mining's use of debt, we should always consider it together with cash and equity.

Net Income

(1.6 Million)
Viscount Mining Corp (VML) is traded on TSX Venture Exchange in Canada and employs 17 people. Viscount Mining 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 14.55 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Viscount Mining's market, we take the total number of its shares issued and multiply it by Viscount Mining'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. Viscount Mining Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 88.16 M outstanding shares of which 13.05 K shares are at this time shorted by private and institutional investors with about 0.72 days to cover all short positions. Viscount Mining Corp has accumulated about 3.14 M in cash with (1.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Viscount Mining Probability Of Bankruptcy
Ownership Allocation
Viscount Mining Corp shows a total of 88.16 Million outstanding shares. Viscount Mining Corp has 3.28 % of its outstanding shares held by insiders and 0.0 % owned 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.
Check Viscount Ownership Details

Viscount Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Viscount Mining jumping above the current price in 90 days from now is roughly 97.0%. The Viscount Mining Corp probability density function shows the probability of Viscount Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Viscount Mining Corp has a beta of -1.0393. This entails Additionally, viscount Mining Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 0.17HorizonTargetOdds Above 0.17
3.43%90 days
 0.17 
96.55%
Based on a normal probability distribution, the odds of Viscount Mining to move above the current price in 90 days from now is roughly 97.0 (This Viscount Mining Corp probability density function shows the probability of Viscount Stock to fall within a particular range of prices over 90 days) .

Viscount Mining Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Viscount Mining market risk premium is the additional return an investor will receive from holding Viscount Mining 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 Viscount Mining. 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 Viscount Mining's alpha and beta are two of the key measurements used to evaluate Viscount Mining's performance over the market, the standard measures of volatility play an important role as well.

Viscount Stock Against Markets

Picking the right benchmark for Viscount Mining 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 Viscount Mining 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 Viscount Mining is critical whether you are bullish or bearish towards Viscount Mining Corp at a given time. Please also check how Viscount Mining'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 Viscount Mining 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.

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Viscount Mining Corporate Directors

Viscount Mining corporate directors refer to members of a Viscount Mining board of directors. The board of directors generally takes responsibility for the Viscount Mining'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 Viscount Mining's board members must vote for the resolution. The Viscount Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Viscount Stock?

Before investing in Viscount Mining, 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 Viscount Mining. To buy Viscount Mining stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Viscount Mining. 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 Viscount Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Viscount Mining 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 Viscount Mining 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 Viscount Mining 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 Viscount Mining Corp?

The danger of trading Viscount Mining 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 Viscount Mining 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 Viscount Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Viscount Mining 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Viscount Mining 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Viscount Mining's price analysis, check to measure Viscount Mining'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 Viscount Mining is operating at the current time. Most of Viscount Mining's value examination focuses on studying past and present price action to predict the probability of Viscount Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viscount Mining's price. Additionally, you may evaluate how the addition of Viscount Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Viscount Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viscount Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viscount Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.