Equity Metals Corp Stock Today
| EQTY Stock | CAD 0.19 0.01 5.00% |
Performance14 of 100
| Odds Of DistressLess than 36
|
Equity Metals is selling for under 0.19 as of the 5th of May 2024; that is -5 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.18. Equity Metals has about a 36 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Equity Metals Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Equity Metals Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. Equity Metals Corporation was incorporated in 1964 and is headquartered in Vancouver, Canada. EQUITY METALS operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 156.5 M outstanding shares of which 82.33 K shares are currently shorted by private and institutional investors with about 0.18 days to cover all short positions. More on Equity Metals Corp
Moving together with Equity Stock
| 0.93 | MNT | Royal Canadian Mint | PairCorr |
| 0.71 | CYB | Cymbria | PairCorr |
| 0.84 | BFM | Bedford Metals Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Equity 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. Equity Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equity Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors) |
Equity Metals Corp (EQTY) is traded on TSX Venture Exchange in Canada and employs 15 people. Equity Metals 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 28.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equity Metals's market, we take the total number of its shares issued and multiply it by Equity Metals'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. Equity Metals Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 156.5 M outstanding shares of which 82.33 K shares are currently shorted by private and institutional investors with about 0.18 days to cover all short positions.
Equity Metals Corp has accumulated about 3.18 M in cash with (2.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Equity Metals Probability Of Bankruptcy
Ownership AllocationEquity Metals holds a total of 156.5 Million outstanding shares. Roughly 99.0 percent of Equity Metals outstanding shares are held by general public with 0.65 (percent) owned by insiders and only 0.0 % 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.
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Equity Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Equity Metals jumping above the current price in 90 days from now is about 21.19%. The Equity Metals Corp probability density function shows the probability of Equity Metals stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.4548 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Equity Metals will likely underperform. Moreover, equity Metals Corp has an alpha of 1.3467, implying that it can generate a 1.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Equity Metals to move above the current price in 90 days from now is about 21.19 (This Equity Metals Corp probability density function shows the probability of Equity Stock to fall within a particular range of prices over 90 days) .
Equity Metals Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Equity Metals market risk premium is the additional return an investor will receive from holding Equity Metals 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 Equity Metals. 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 Equity Metals' alpha and beta are two of the key measurements used to evaluate Equity Metals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.71 | |||
| Semi Deviation | 4.49 | |||
| Standard Deviation | 8.35 | |||
| Variance | 69.8 |
Equity Stock Against Markets
Picking the right benchmark for Equity Metals 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 Equity Metals 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 Equity Metals is critical whether you are bullish or bearish towards Equity Metals Corp at a given time. Please also check how Equity Metals' 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 Equity Metals 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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Equity Metals Corporate Management
Elected by the shareholders, the Equity Metals' board of directors comprises two types of representatives: Equity Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equity. The board's role is to monitor Equity Metals' management team and ensure that shareholders' interests are well served. Equity Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Equity Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Larry Page | Chairman of the Board | Profile | |
| LLB BA | Corporate Secretary | Profile | |
| John Kerr | Director | Profile | |
| Robert Macdonald | Vice President - Exploration | Profile | |
| John Oness | Vice Development | Profile | |
| Joseph Kizis | President Director | Profile |
How to buy Equity Stock?
Before investing in Equity Metals, 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 Equity Metals. To buy Equity Metals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equity Metals. 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 Equity Metals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Equity Metals 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 Equity Metals 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 Equity Metals 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 Equity Metals Corp?
The danger of trading Equity Metals 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 Equity Metals 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 Equity Metals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equity Metals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equity Metals 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 manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Equity Stock analysis
When running Equity Metals' price analysis, check to measure Equity Metals' 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 Equity Metals is operating at the current time. Most of Equity Metals' value examination focuses on studying past and present price action to predict the probability of Equity Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Metals' price. Additionally, you may evaluate how the addition of Equity Metals to your portfolios can decrease your overall portfolio volatility.
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