Aston Bay Holdings Stock Today

BAY Stock  CAD 0.07  0.01  7.69%   

Performance

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Odds Of Distress

Over 84

 
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Aston Bay is selling for under 0.07 as of the 5th of December 2024; that is 7.69 percent increase since the beginning of the trading day. The stock's lowest day price was 0.07. Aston Bay 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 Aston Bay Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of November 2024 and ending today, the 5th of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Aston Bay Holdings Ltd., an exploration stage company, acquires, explores, and develops mineral properties in North America. It holds a 100 percent interest in the Storm Copper and Seal Zinc project that consists of 118 contiguous mining claims and 12 prospecting permits covering an area of approximately 381,468 hectares on Somerset Island, Nunavut, Canada, as well as holds an interest in the Blue Ridge project located in central Virginia, the United States. The company has 252.95 M outstanding shares of which 487 shares are currently shorted by private and institutional investors with about 0.27 days to cover all short positions. More on Aston Bay Holdings

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Moving against Aston Stock

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Aston 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. Aston Bay's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aston Bay or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentThomas Ullrich
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Aston Bay's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aston Bay's 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
Aston Bay 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 Aston Bay's financial leverage. It provides some insight into what part of Aston Bay's total assets is financed by creditors.
Liquidity
Aston Bay 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. Aston Bay Holdings has accumulated 532.23 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Aston Bay Holdings 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 Aston Bay until it has trouble settling it off, either with new capital or with free cash flow. So, Aston Bay's 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 Aston Bay Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aston to invest in growth at high rates of return. When we think about Aston Bay's use of debt, we should always consider it together with cash and equity.

Net Income

(3.12 Million)
Aston Bay Holdings (BAY) is traded on TSX Venture Exchange in Canada and employs 8 people. Aston Bay is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aston Bay's market, we take the total number of its shares issued and multiply it by Aston Bay'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. Aston Bay Holdings classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 252.95 M outstanding shares of which 487 shares are currently shorted by private and institutional investors with about 0.27 days to cover all short positions. Aston Bay Holdings has accumulated about 111.51 K in cash with (2.46 M) of positive cash flow from operations.
Check Aston Bay Probability Of Bankruptcy
Ownership Allocation
Aston Bay holds a total of 252.95 Million outstanding shares. Aston Bay Holdings shows 6.32 percent of its outstanding shares held by insiders and 2.33 percent owned 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 Aston Ownership Details

Aston Bay Holdings Risk Profiles

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

Aston Stock Against Markets

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Additional Tools for Aston Stock Analysis

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