Trigon Metals Stock Buy Hold or Sell Recommendation
| TM Stock | CAD 0.85 0.01 1.19% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Trigon Metals is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Trigon Metals given historical horizon and risk tolerance towards Trigon Metals. When Macroaxis issues a 'buy' or 'sell' recommendation for Trigon Metals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Trigon Metals 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 Trigon and provide practical buy, sell, or hold advice based on investors' constraints. Trigon Metals. 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.
Trigon |
Execute Trigon Metals Buy or Sell Advice
The Trigon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Trigon Metals. Macroaxis does not own or have any residual interests in Trigon Metals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Trigon Metals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Trigon Metals Trading Alerts and Improvement Suggestions
| Trigon Metals has some characteristics of a very speculative penny stock | |
| Trigon Metals had very high historical volatility over the last 90 days | |
| Trigon Metals currently holds 6.94 M in liabilities. Trigon Metals has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trigon Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Trigon Metals' 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 Trigon Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trigon to invest in growth at high rates of return. When we think about Trigon Metals' use of debt, we should always consider it together with cash and equity. | |
| Trigon Metals currently holds about 565.69 K in cash with (5.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 16.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Trigon Metals Director Shaw Resigns, Grants Stock Options in Board Shake-up PNTZF Stock News - StockTitan |
Trigon Metals Returns Distribution Density
The distribution of Trigon Metals' historical returns is an attempt to chart the uncertainty of Trigon Metals' future price movements. The chart of the probability distribution of Trigon Metals daily returns describes the distribution of returns around its average expected value. We use Trigon Metals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Trigon Metals returns is essential to provide solid investment advice for Trigon Metals.
| Mean Return | 0.26 | Value At Risk | -3.33 | Potential Upside | 6.59 | Standard Deviation | 3.70 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Trigon Metals 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.
Trigon Metals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.0M | 1.0M | (2.3M) | 20.4M | (26.1M) | (24.8M) | |
| Free Cash Flow | (1.7M) | (3.1M) | (16.4M) | (13.6M) | (30.1M) | (28.6M) | |
| Depreciation | 5.3K | 14.6K | 194.3K | 550.3K | 2.8M | 2.9M | |
| Other Non Cash Items | 73.4K | 2.9M | 90.0K | 5.7M | (261.0K) | (248.0K) | |
| Net Income | (2.1M) | (5.2M) | (5.7M) | (18.2M) | 27.0K | 28.4K | |
| End Period Cash Flow | 1.4M | 2.6M | 319.9K | 20.7M | 1.9M | 1.7M | |
| Change To Netincome | 142.5K | 479.6K | 3.5M | 609.1K | 700.4K | 868.6K | |
| Investments | 8.9K | (989.5K) | (17.3M) | (5.1M) | (18.3M) | (17.4M) |
Trigon Metals 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 Trigon Metals 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 Trigon Metals' 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 Trigon 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 | 0.26 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 3.75 | |
Ir | Information ratio | 0.04 |
Trigon Metals Volatility Alert
Trigon Metals currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.26. Trigon Metals is a potential penny stock. Although Trigon Metals may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Trigon Metals. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Trigon 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.Trigon Metals Fundamentals Vs Peers
Comparing Trigon Metals' 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 Trigon Metals' direct or indirect competition across all of the common fundamentals between Trigon Metals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Trigon Metals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Trigon Metals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Trigon Metals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Trigon Metals to competition |
| Fundamentals | Trigon Metals | Peer Average |
| Return On Equity | -18.5 | -0.31 |
| Return On Asset | 0.0851 | -0.14 |
| Profit Margin | (0.01) % | (1.27) % |
| Operating Margin | (0.1) % | (5.51) % |
| Current Valuation | 44.52 M | 16.62 B |
| Shares Outstanding | 43.63 M | 571.82 M |
| Shares Owned By Insiders | 15.94 % | 10.09 % |
| Shares Owned By Institutions | 0.86 % | 39.21 % |
| Number Of Shares Shorted | 6.79 K | 4.71 M |
| Price To Earning | (2.97) X | 28.72 X |
| Price To Book | 4.95 X | 9.51 X |
| Price To Sales | 1.87 X | 11.42 X |
| Revenue | 12.93 M | 9.43 B |
| EBITDA | (8.36 M) | 3.9 B |
| Net Income | 27.04 K | 570.98 M |
| Cash And Equivalents | 565.69 K | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 6.94 M | 5.32 B |
| Current Ratio | 0.37 X | 2.16 X |
| Book Value Per Share | (0.04) X | 1.93 K |
| Cash Flow From Operations | (5.5 M) | 971.22 M |
| Short Ratio | 0.05 X | 4.00 X |
| Earnings Per Share | 0.04 X | 3.12 X |
| Target Price | 3.25 | |
| Number Of Employees | 419 | 18.84 K |
| Beta | 1.67 | -0.15 |
| Market Capitalization | 34.9 M | 19.03 B |
| Total Asset | 51.5 M | 29.47 B |
| Retained Earnings | (85.95 M) | 9.33 B |
| Working Capital | (8.78 M) | 1.48 B |
| Net Asset | 51.5 M |
Trigon Metals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Trigon . 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.
| Accumulation Distribution | 176.47 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 0.84 | |||
| Day Typical Price | 0.84 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.01 |
About Trigon Metals Buy or Sell Advice
When is the right time to buy or sell Trigon Metals? Buying financial instruments such as Trigon 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.
Use Investing Ideas to Build Portfolios
In addition to having Trigon Metals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Additional Tools for Trigon Stock Analysis
When running Trigon Metals' price analysis, check to measure Trigon 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 Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.