1844 Resources Stock Today
| EFF Stock | CAD 0.02 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 86
|
1844 Resources is selling for under 0.02 as of the 6th of May 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. 1844 Resources 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 1844 Resources 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 Materials | Category Basic Materials |
1844 Resources Inc. engages in the identification, exploration, and development of mineral properties. The company was formerly known as Gespeg Resources Ltd. and changed its name to 1844 Resources Inc. in January 2021. 1844 Resources Inc. was incorporated in 2006 and is headquartered in Saskatoon, Canada. The company has 97.39 M outstanding shares of which 1.68 K shares are currently shorted by private and institutional investors with about 0.06 days to cover all short positions. More on 1844 Resources
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1844 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. 1844 Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding 1844 Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Sylvain Laberge |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
1844 Resources (EFF) is traded on TSX Venture Exchange in Canada and employs 2 people. 1844 Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate 1844 Resources's market, we take the total number of its shares issued and multiply it by 1844 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. 1844 Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 97.39 M outstanding shares of which 1.68 K shares are currently shorted by private and institutional investors with about 0.06 days to cover all short positions.
1844 Resources has accumulated about 503.13 K in cash with (392.06 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership Allocation1844 Resources secures a total of 97.39 Million outstanding shares. 1844 Resources shows tangible 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. Please note that no matter how many assets the company retains, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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1844 Stock Against Markets
Picking the right benchmark for 1844 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 1844 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 1844 Resources is critical whether you are bullish or bearish towards 1844 Resources at a given time. Please also check how 1844 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 1844 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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How to buy 1844 Stock?
Before investing in 1844 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 1844 Resources. To buy 1844 Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 1844 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 1844 Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located 1844 Resources 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 1844 Resources 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 1844 Resources, 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 1844 Resources?
The danger of trading 1844 Resources 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 1844 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 1844 Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 1844 Resources 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 1844 Resources. 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 Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for 1844 Stock analysis
When running 1844 Resources' price analysis, check to measure 1844 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 1844 Resources is operating at the current time. Most of 1844 Resources' value examination focuses on studying past and present price action to predict the probability of 1844 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1844 Resources' price. Additionally, you may evaluate how the addition of 1844 Resources to your portfolios can decrease your overall portfolio volatility.
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