Apex Resources Stock Today

APX Stock  CAD 0.06  0.01  14.29%   

Performance

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Odds Of Distress

Over 88

 
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Apex Resources is selling for under 0.06 as of the 30th of November 2024; that is 14.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.06. Apex Resources has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Apex Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Apex Resources Inc., an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. The company was formerly known as Sultan Minerals Inc. and changed its name to Apex Resources Inc. in July 2016. APEX RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 63.16 M outstanding shares of which 5.2 K shares are presently shorted by private and institutional investors with about 0.21 days to cover all short positions. More on Apex Resources

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Apex 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. Apex Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Apex Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentJay Roberge
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Apex Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Apex Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Apex Resources can leverage 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 Apex Resources' financial leverage. It provides some insight into what part of Apex Resources' total assets is financed by creditors.
Liquidity
Apex Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Apex Resources has accumulated 565.48 K in total debt. Apex Resources has a current ratio of 1.44, which is within standard range for the sector. Debt can assist Apex Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Apex Resources' 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 Apex Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Apex to invest in growth at high rates of return. When we think about Apex Resources' use of debt, we should always consider it together with cash and equity.

Net Income

(343,905)
Apex Resources (APX) is traded on TSX Venture Exchange in Canada and employs 5 people. Apex Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Apex Resources's market, we take the total number of its shares issued and multiply it by Apex 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. Apex Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 63.16 M outstanding shares of which 5.2 K shares are presently shorted by private and institutional investors with about 0.21 days to cover all short positions. Apex Resources has accumulated about 129.49 K in cash with (213 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Apex Resources Probability Of Bankruptcy
Ownership Allocation
Apex Resources holds a total of 63.16 Million outstanding shares. Almost 98.3 percent of Apex Resources outstanding shares are held by general public with 1.7 (percent) owned by insiders and only 0.0 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Apex Ownership Details

Apex Resources Risk Profiles

Although Apex Resources' alpha and beta are two of the key measurements used to evaluate Apex Resources' performance over the market, the standard measures of volatility play an important role as well.

Apex Stock Against Markets

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Apex Resources Corporate Executives

Elected by the shareholders, the Apex Resources' board of directors comprises two types of representatives: Apex Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Apex. The board's role is to monitor Apex Resources' management team and ensure that shareholders' interests are well served. Apex Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Apex Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Dennis CACFO BoardProfile
Marc LeeCFO, Corporate SecretaryProfile

Additional Tools for Apex Stock Analysis

When running Apex Resources' price analysis, check to measure Apex Resources' 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 Apex Resources is operating at the current time. Most of Apex Resources' value examination focuses on studying past and present price action to predict the probability of Apex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apex Resources' price. Additionally, you may evaluate how the addition of Apex Resources to your portfolios can decrease your overall portfolio volatility.