Macroaxis Stories

four Precious Metals stocks your should get rid of in May 2020

April 26, 2020  By
This post will analyze 4 Precious Metals equities to potentially sell in May 2020. We will go over the following equities: Novagold Resources, CONTANGO ORE INC, Auryn Resources, and First Majestic Silver Corp
Published over a year ago
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Reviewed by Vlad Skutelnik

This list of potential positions covers USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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NovaGold Resources (NG)

The company has Return on Asset (ROA) of (0.1008) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Equity is estimated to increase to 6.84, while Return On Tangible Assets are forecasted to increase to (0.38). At this time, NovaGold Resources' Debt To Assets are most likely to increase slightly in the upcoming years. The firm currently falls under 'Small-Cap' category with a market capitalization of 984.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NovaGold Resources's market, we take the total number of its shares issued and multiply it by NovaGold 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.

Contango ORE (CTGO)

The company has return on total asset (ROA) of (0.2109) % which means that it has lost $0.2109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.0543) %, meaning that it created substantial loss on money invested by shareholders. Contango ORE's management efficiency ratios could be used to measure how well Contango ORE manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of April 2024, Return On Equity is likely to grow to 5.89, while Return On Tangible Assets are likely to drop (1.46). At this time, Contango ORE's Total Assets are very stable compared to the past year. As of the 29th of April 2024, Non Current Assets Total is likely to grow to about 16.1 M, while Total Current Assets are likely to drop about 10.5 M. The firm currently falls under 'Small-Cap' category with a current market capitalization of 205.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Contango ORE's market, we take the total number of its shares issued and multiply it by Contango ORE'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.

Fury Gold Mines (AUG)

The company has Return on Asset of (15.95) % which means that on every $100 spent on assets, it lost $15.95. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (27.31) %, meaning that it generated no profit with money invested by stockholders. Fury Gold's management efficiency ratios could be used to measure how well Fury Gold manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Small-Cap' category with a total capitalization of 263.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fury Gold's market, we take the total number of its shares issued and multiply it by Fury Gold'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.

First Majestic Silver (AG)

The company has Return on Asset (ROA) of (0.0424) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0424. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0976) %, which implies that it produced no returns to current stockholders. First Majestic's management efficiency ratios could be used to measure how well First Majestic manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.07. The First Majestic's current Return On Capital Employed is estimated to increase to -0.03. At this time, First Majestic's Other Current Assets are most likely to increase significantly in the upcoming years. The First Majestic's current Total Current Assets is estimated to increase to about 322.8 M, while Net Current Asset Value is projected to decrease to roughly 86.2 K. This firm currently falls under 'Mid-Cap' category with a market capitalization of 2.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Majestic's market, we take the total number of its shares issued and multiply it by First Majestic'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.

Current Precious Metals Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
SAND
Not Suitable
PPTA
Not Available
EXNRF
Not Available
PGOL
Not Available

How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.

Macroaxis Gross Profit

Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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NovaGold Resources (NG)

The company has Return on Asset (ROA) of (0.1008) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Equity is estimated to increase to 6.84, while Return On Tangible Assets are forecasted to increase to (0.38). At this time, NovaGold Resources' Debt To Assets are most likely to increase slightly in the upcoming years. The firm currently falls under 'Small-Cap' category with a market capitalization of 984.09 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NovaGold Resources's market, we take the total number of its shares issued and multiply it by NovaGold 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.

Contango ORE (CTGO)

The company has return on total asset (ROA) of (0.2109) % which means that it has lost $0.2109 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.0543) %, meaning that it created substantial loss on money invested by shareholders. Contango ORE's management efficiency ratios could be used to measure how well Contango ORE manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of April 2024, Return On Equity is likely to grow to 5.89, while Return On Tangible Assets are likely to drop (1.46). At this time, Contango ORE's Total Assets are very stable compared to the past year. As of the 29th of April 2024, Non Current Assets Total is likely to grow to about 16.1 M, while Total Current Assets are likely to drop about 10.5 M. The firm currently falls under 'Small-Cap' category with a current market capitalization of 205.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Contango ORE's market, we take the total number of its shares issued and multiply it by Contango ORE'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.

Fury Gold Mines (AUG)

The company has Return on Asset of (15.95) % which means that on every $100 spent on assets, it lost $15.95. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (27.31) %, meaning that it generated no profit with money invested by stockholders. Fury Gold's management efficiency ratios could be used to measure how well Fury Gold manages its routine affairs as well as how well it operates its assets and liabilities. The entity currently falls under 'Small-Cap' category with a total capitalization of 263.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fury Gold's market, we take the total number of its shares issued and multiply it by Fury Gold'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.

First Majestic Silver (AG)

The company has Return on Asset (ROA) of (0.0424) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0424. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0976) %, which implies that it produced no returns to current stockholders. First Majestic's management efficiency ratios could be used to measure how well First Majestic manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.07. The First Majestic's current Return On Capital Employed is estimated to increase to -0.03. At this time, First Majestic's Other Current Assets are most likely to increase significantly in the upcoming years. The First Majestic's current Total Current Assets is estimated to increase to about 322.8 M, while Net Current Asset Value is projected to decrease to roughly 86.2 K. This firm currently falls under 'Mid-Cap' category with a market capitalization of 2.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Majestic's market, we take the total number of its shares issued and multiply it by First Majestic'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.

Current Precious Metals Recommendations

VolatilityHypeValuationAnalyst ConsensusFinancial LeverageOdds of DistressMacroaxis Advice
SAND
Not Suitable
PPTA
Not Available
EXNRF
Not Available
PGOL
Not Available

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Editorial Staff

Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
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