Resource Mining (Australia) Today
| RMI Stock | 0.02 0 4.17% |
Performance4 of 100
| Odds Of DistressLess than 23
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Resource Mining is selling for under 0.023 as of the 2nd of May 2024; that is -4.17 percent down since the beginning of the trading day. The stock's last reported lowest price was 0.023. Resource Mining has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Resource Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Resource Mining is entity of Australia. It is traded as Stock on AU exchange. The company has 642.35 M outstanding shares. More on Resource Mining
Moving against Resource Stock
| 0.57 | SQ2 | Block Inc Earnings Call Today | PairCorr |
| 0.54 | SUN | Suncorp Group | PairCorr |
| 0.47 | SFR | Sandfire Resources | PairCorr |
| 0.43 | DEG | De Grey Mining | PairCorr |
| 0.42 | PLS | Pilbara Minerals | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Resource 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. Resource Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Resource Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive Chairman | Asimwe Kabunga | ||||
| Thematic Idea | Silver (View all Themes) | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Silver, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Resource Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Resource 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 Resource Mining's financial leverage. It provides some insight into what part of Resource Mining's total assets is financed by creditors.
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Resource Mining (RMI) is traded on Australian Securities Exchange in Australia and employs 4 people. Resource 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 14.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resource Mining's market, we take the total number of its shares issued and multiply it by Resource 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. Resource Mining operates under Metals & Mining sector and is part of Materials industry. The entity has 642.35 M outstanding shares.
Resource Mining generates negative cash flow from operations
Check Resource Mining Probability Of Bankruptcy
Ownership AllocationResource Mining has a total of 642.35 Million outstanding shares. Resource Mining 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 Resource Ownership Details
Resource Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Resource Mining jumping above the current price in 90 days from now is about 48.99%. The Resource Mining probability density function shows the probability of Resource Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Resource Mining has a beta of 0.9845 indicating Resource Mining market returns are related to returns on the market. As the market goes up or down, Resource Mining is expected to follow. Additionally, resource Mining has an alpha of 0.6124, implying that it can generate a 0.61 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Resource Mining to move above the current price in 90 days from now is about 48.99 (This Resource Mining probability density function shows the probability of Resource Stock to fall within a particular range of prices over 90 days) .
Resource Mining Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Resource Mining market risk premium is the additional return an investor will receive from holding Resource 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 Resource 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 Resource Mining's alpha and beta are two of the key measurements used to evaluate Resource Mining's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 7.64 | |||
| Semi Deviation | 7.98 | |||
| Standard Deviation | 18.51 | |||
| Variance | 342.5 |
Resource Stock Against Markets
Picking the right benchmark for Resource 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 Resource 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 Resource Mining is critical whether you are bullish or bearish towards Resource Mining at a given time. Please also check how Resource 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 Resource 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.Did you try this?
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How to buy Resource Stock?
Before investing in Resource 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 Resource Mining. To buy Resource Mining stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Resource 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 Resource Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Resource Mining 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 Resource Mining 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 Resource Mining, 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 Resource Mining?
The danger of trading Resource Mining 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 Resource 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 Resource Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Resource Mining 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 Resource Mining. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Resource Stock analysis
When running Resource Mining's price analysis, check to measure Resource 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 Resource Mining is operating at the current time. Most of Resource Mining's value examination focuses on studying past and present price action to predict the probability of Resource 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 Resource Mining's price. Additionally, you may evaluate how the addition of Resource Mining to your portfolios can decrease your overall portfolio volatility.
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