Nortec Minerals Corp Stock Probability of Future Stock Price Finishing Over 23.12
NVT Stock | CAD 0.02 0.00 0.00% |
Nortec |
Nortec Minerals Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nortec Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nortec Minerals Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Nortec Minerals Corp had very high historical volatility over the last 90 days | |
Nortec Minerals Corp has some characteristics of a very speculative penny stock | |
Nortec Minerals Corp has a very high chance of going through financial distress in the upcoming years | |
Nortec Minerals Corp has accumulated 145 K in total debt with debt to equity ratio (D/E) of 17.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nortec Minerals Corp has a current ratio of 0.03, 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 Nortec Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Nortec 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 Nortec Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nortec to invest in growth at high rates of return. When we think about Nortec Minerals' use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (327.44 K) with loss before overhead, payroll, taxes, and interest of (14.83 K). | |
Nortec Minerals Corp has accumulated about 6.31 K in cash with (525.59 K) of positive cash flow from operations. | |
Roughly 35.0% of Nortec Minerals outstanding shares are owned by corporate insiders |
Nortec Minerals Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nortec Stock often depends not only on the future outlook of the current and potential Nortec Minerals' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nortec Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 53.4 M |
Nortec Minerals Technical Analysis
Nortec Minerals' future price can be derived by breaking down and analyzing its technical indicators over time. Nortec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nortec Minerals Corp. In general, you should focus on analyzing Nortec Stock price patterns and their correlations with different microeconomic environments and drivers.
Nortec Minerals Predictive Forecast Models
Nortec Minerals' time-series forecasting models is one of many Nortec Minerals' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Nortec Minerals' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Nortec Minerals Corp
Checking the ongoing alerts about Nortec Minerals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nortec Minerals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nortec Minerals Corp had very high historical volatility over the last 90 days | |
Nortec Minerals Corp has some characteristics of a very speculative penny stock | |
Nortec Minerals Corp has a very high chance of going through financial distress in the upcoming years | |
Nortec Minerals Corp has accumulated 145 K in total debt with debt to equity ratio (D/E) of 17.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nortec Minerals Corp has a current ratio of 0.03, 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 Nortec Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Nortec 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 Nortec Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nortec to invest in growth at high rates of return. When we think about Nortec Minerals' use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (327.44 K) with loss before overhead, payroll, taxes, and interest of (14.83 K). | |
Nortec Minerals Corp has accumulated about 6.31 K in cash with (525.59 K) of positive cash flow from operations. | |
Roughly 35.0% of Nortec Minerals outstanding shares are owned by corporate insiders |
Additional Tools for Nortec Stock Analysis
When running Nortec Minerals' price analysis, check to measure Nortec 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 Nortec Minerals is operating at the current time. Most of Nortec Minerals' value examination focuses on studying past and present price action to predict the probability of Nortec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortec Minerals' price. Additionally, you may evaluate how the addition of Nortec Minerals to your portfolios can decrease your overall portfolio volatility.