Richmond Minerals Stock Buy Hold or Sell Recommendation
| RMD Stock | CAD 0.03 0.00 0.00% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Richmond Minerals is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Richmond Minerals given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Richmond Minerals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Richmond Minerals 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 Richmond and provide practical buy, sell, or hold advice based on investors' constraints. Richmond Minerals. 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.
Richmond |
Execute Richmond Minerals Buy or Sell Advice
The Richmond recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Richmond Minerals. Macroaxis does not own or have any residual interests in Richmond Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Richmond Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Richmond Minerals Trading Alerts and Improvement Suggestions
| Richmond Minerals is way too risky over 90 days horizon | |
| Richmond Minerals has some characteristics of a very speculative penny stock | |
| Richmond Minerals appears to be risky and price may revert if volatility continues | |
| Richmond Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Richmond Minerals has accumulated 300 K in total debt. Richmond Minerals has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Richmond Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Richmond Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Richmond Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Richmond to invest in growth at high rates of return. When we think about Richmond Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (760.04 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Richmond Minerals has accumulated about (96.58 K) in cash recording (232.56 K) of negative cash flow from operations. | |
| Roughly 45.0% of the company outstanding shares are owned by corporate insiders |
Richmond Minerals Returns Distribution Density
The distribution of Richmond Minerals' historical returns is an attempt to chart the uncertainty of Richmond Minerals' future price movements. The chart of the probability distribution of Richmond Minerals daily returns describes the distribution of returns around its average expected value. We use Richmond Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Richmond Minerals returns is essential to provide solid investment advice for Richmond Minerals.
| Mean Return | 1.89 | Value At Risk | -33.33 | Potential Upside | 50.00 | Standard Deviation | 16.84 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Richmond Minerals 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.
Richmond Minerals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (123.6K) | (475.8K) | (69.9K) | (106.1K) | 68.3K | 71.7K | |
| Change In Cash | 46.6K | (53.9K) | 698.0 | (87.9K) | 375.7K | 394.5K | |
| Depreciation | 705.0 | 600.0 | 489.0 | 398.0 | 324.0 | 307.8 | |
| Capital Expenditures | 122.9K | 475.8K | 69.9K | 106.1K | 222.0K | 216.0K | |
| Net Income | (731.6K) | (374.0K) | (191.4K) | (159.2K) | (760.0K) | (722.0K) | |
| Change To Netincome | 403.9K | (21.9K) | 38.1K | (2.4K) | (2.8K) | (2.6K) | |
| End Period Cash Flow | 154.9K | 100.9K | 101.6K | 13.8K | 389.5K | 409.0K | |
| Free Cash Flow | (445.4K) | (966.9K) | (72.0K) | (187.9K) | (454.6K) | (477.3K) |
Richmond Minerals 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 Richmond Minerals 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 Richmond Minerals' 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 Richmond 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 | 1.95 | |
β | Beta against Dow Jones | -2.68 | |
σ | Overall volatility | 17.24 | |
Ir | Information ratio | 0.11 |
Richmond Minerals Volatility Alert
Richmond Minerals is displaying above-average volatility over the selected time horizon. Richmond Minerals is a penny stock. Although Richmond Minerals 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 Richmond Minerals. 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 Richmond 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.Richmond Minerals Fundamentals Vs Peers
Comparing Richmond Minerals' 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 Richmond Minerals' direct or indirect competition across all of the common fundamentals between Richmond Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Richmond Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Richmond Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Richmond Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Richmond Minerals to competition |
| Fundamentals | Richmond Minerals | Peer Average |
| Return On Equity | -0.54 | -0.31 |
| Return On Asset | -0.24 | -0.14 |
| Current Valuation | 672.57 K | 16.62 B |
| Shares Outstanding | 36.21 M | 571.82 M |
| Shares Owned By Insiders | 44.90 % | 10.09 % |
| Number Of Shares Shorted | 338 | 4.71 M |
| Price To Earning | (12.22) X | 28.72 X |
| Price To Book | 0.43 X | 9.51 X |
| EBITDA | (131.14 K) | 3.9 B |
| Net Income | (760.04 K) | 570.98 M |
| Cash And Equivalents | (96.58 K) | 2.7 B |
| Total Debt | 300 K | 5.32 B |
| Current Ratio | 0.32 X | 2.16 X |
| Book Value Per Share | 0.06 X | 1.93 K |
| Cash Flow From Operations | (232.56 K) | 971.22 M |
| Short Ratio | 0.03 X | 4.00 X |
| Earnings Per Share | (0.05) X | 3.12 X |
| Beta | 0.71 | -0.15 |
| Market Capitalization | 905.34 K | 19.03 B |
| Total Asset | 2.81 M | 29.47 B |
| Retained Earnings | (19.56 M) | 9.33 B |
| Working Capital | (64.69 K) | 1.48 B |
| Net Asset | 2.81 M |
Richmond Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Richmond . 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 Richmond Minerals Buy or Sell Advice
When is the right time to buy or sell Richmond Minerals? Buying financial instruments such as Richmond 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 Richmond Stock Analysis
When running Richmond Minerals' price analysis, check to measure Richmond Minerals' 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 Richmond Minerals is operating at the current time. Most of Richmond Minerals' value examination focuses on studying past and present price action to predict the probability of Richmond Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Richmond Minerals' price. Additionally, you may evaluate how the addition of Richmond Minerals to your portfolios can decrease your overall portfolio volatility.