Northgold (Sweden) Today
| NG Stock | 0.72 0.01 1.37% |
Performance0 of 100
| Odds Of DistressLess than 24
|
Northgold is selling for under 0.72 as of the 28th of November 2024; that is 1.37 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.67. Northgold has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Northgold AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
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Northgold 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. Northgold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Northgold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Gold (View all Sectors) |
Northgold AB (NG) is traded on Stockholm Exchange in Sweden and employs 1 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 155.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northgold's market, we take the total number of its shares issued and multiply it by Northgold'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. Northgold AB has 10.52 M outstanding shares.
Northgold AB has accumulated about 3.59 M in cash with (4.21 M) of positive cash flow from operations.
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Ownership AllocationThe market capitalization of Northgold AB is USD155.6 Million. Northgold AB holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
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Northgold AB Risk Profiles
Although Northgold's alpha and beta are two of the key measurements used to evaluate Northgold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.35 | |||
| Standard Deviation | 9.0 | |||
| Variance | 81.05 | |||
| Risk Adjusted Performance | (0.1) |
Northgold Stock Against Markets
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Additional Tools for Northgold Stock Analysis
When running Northgold's price analysis, check to measure Northgold'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 Northgold is operating at the current time. Most of Northgold's value examination focuses on studying past and present price action to predict the probability of Northgold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northgold's price. Additionally, you may evaluate how the addition of Northgold to your portfolios can decrease your overall portfolio volatility.