Orestone Mining Corp Stock Buy Hold or Sell Recommendation
| ORS Stock | CAD 0.02 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Orestone Mining Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Orestone Mining Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Orestone Mining Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Orestone Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Orestone and provide practical buy, sell, or hold advice based on investors' constraints. Orestone Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Execute Orestone Mining Buy or Sell Advice
The Orestone recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Orestone Mining Corp. Macroaxis does not own or have any residual interests in Orestone Mining Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Orestone Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Orestone Mining Trading Alerts and Improvement Suggestions
| Orestone Mining Corp is way too risky over 90 days horizon | |
| Orestone Mining Corp has some characteristics of a very speculative penny stock | |
| Orestone Mining Corp appears to be risky and price may revert if volatility continues | |
| Orestone Mining Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (221.2 K) with loss before overhead, payroll, taxes, and interest of (15.8 K). | |
| Orestone Mining Corp has accumulated about 918 K in cash with (143.5 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Orestone Mining Returns Distribution Density
The distribution of Orestone Mining's historical returns is an attempt to chart the uncertainty of Orestone Mining's future price movements. The chart of the probability distribution of Orestone Mining daily returns describes the distribution of returns around its average expected value. We use Orestone Mining Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Orestone Mining returns is essential to provide solid investment advice for Orestone Mining.
| Mean Return | 0.63 | Value At Risk | -25 | Potential Upside | 33.33 | Standard Deviation | 11.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Orestone Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Orestone Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 111.1K | (89.7K) | 684.1K | (602.5K) | (145.2K) | (137.9K) | |
| Free Cash Flow | (1.7M) | (945.5K) | (1.1M) | (604.2K) | (146.6K) | (153.9K) | |
| Other Non Cash Items | (23.2K) | 769.6K | (46.0K) | (53.6K) | (956.0) | (908.2) | |
| Capital Expenditures | 871.6K | 466.8K | 691.2K | 263.8K | 3.1K | 2.9K | |
| Net Income | (643.4K) | (1.4M) | (552.4K) | (219.5K) | (221.2K) | (232.3K) | |
| End Period Cash Flow | 159.4K | 69.7K | 753.8K | 151.3K | 6.1K | 5.8K | |
| Investments | (871.6K) | (498.5K) | (637.4K) | (263.8K) | (1.7K) | (1.7K) | |
| Change To Netincome | 89.2K | 143.3K | 169.4K | 146.9K | 132.2K | 125.6K |
Orestone Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Orestone Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Orestone Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Orestone stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 3.28 | |
σ | Overall volatility | 11.91 | |
Ir | Information ratio | 0.04 |
Orestone Mining Volatility Alert
Orestone Mining Corp is displaying above-average volatility over the selected time horizon. Orestone Mining Corp is a penny stock. Although Orestone Mining may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Orestone Mining Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Orestone instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Orestone Mining Fundamentals Vs Peers
Comparing Orestone Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Orestone Mining's direct or indirect competition across all of the common fundamentals between Orestone Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Orestone Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Orestone Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Orestone Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Orestone Mining to competition |
| Fundamentals | Orestone Mining | Peer Average |
| Return On Equity | -0.0342 | -0.31 |
| Return On Asset | -0.0178 | -0.14 |
| Current Valuation | 1.17 M | 16.62 B |
| Shares Outstanding | 61.66 M | 571.82 M |
| Shares Owned By Insiders | 10.34 % | 10.09 % |
| Number Of Shares Shorted | 12.48 K | 4.71 M |
| Price To Earning | (5.56) X | 28.72 X |
| Price To Book | 0.40 X | 9.51 X |
| Gross Profit | (15.8 K) | 27.38 B |
| EBITDA | (217.49 K) | 3.9 B |
| Net Income | (221.2 K) | 570.98 M |
| Cash And Equivalents | 918 K | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 164.79 K | 5.32 B |
| Debt To Equity | 3.70 % | 48.70 % |
| Current Ratio | 4.06 X | 2.16 X |
| Book Value Per Share | 0.05 X | 1.93 K |
| Cash Flow From Operations | (143.5 K) | 971.22 M |
| Short Ratio | 0.05 X | 4.00 X |
| Beta | 2.31 | -0.15 |
| Market Capitalization | 1.23 M | 19.03 B |
| Total Asset | 3.21 M | 29.47 B |
| Retained Earnings | (9.79 M) | 9.33 B |
| Working Capital | (153.94 K) | 1.48 B |
| Net Asset | 3.21 M |
Orestone Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Orestone . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Orestone Mining Buy or Sell Advice
When is the right time to buy or sell Orestone Mining Corp? Buying financial instruments such as Orestone Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Orestone Stock Analysis
When running Orestone Mining's price analysis, check to measure Orestone 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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone 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 Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.