Ridgestone Mining Stock Probability of Future Pink Sheet Price Finishing Over 0.0518
| RIGMF Stock | USD 0.08 0.03 50.57% |
Ridgestone |
Ridgestone Mining 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 Ridgestone Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ridgestone Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ridgestone Mining is way too risky over 90 days horizon | |
| Ridgestone Mining has some characteristics of a very speculative penny stock | |
| Ridgestone Mining appears to be risky and price may revert if volatility continues | |
| Ridgestone Mining has accumulated 160 K in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Ridgestone Mining has a current ratio of 0.76, 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 Ridgestone Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Ridgestone Mining'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 Ridgestone Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ridgestone to invest in growth at high rates of return. When we think about Ridgestone Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ridgestone Mining has accumulated about 223.22 K in cash with (2.13 M) of positive cash flow from operations. |
Ridgestone Mining 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 Ridgestone Pink Sheet often depends not only on the future outlook of the current and potential Ridgestone Mining's 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. Ridgestone Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.6 M |
Ridgestone Mining Technical Analysis
Ridgestone Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Ridgestone Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ridgestone Mining. In general, you should focus on analyzing Ridgestone Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Ridgestone Mining Predictive Forecast Models
Ridgestone Mining's time-series forecasting models is one of many Ridgestone Mining's pink sheet 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 Ridgestone Mining's 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 pink sheet market movement and maximize returns from investment trading.
Things to note about Ridgestone Mining
Checking the ongoing alerts about Ridgestone Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ridgestone Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ridgestone Mining is way too risky over 90 days horizon | |
| Ridgestone Mining has some characteristics of a very speculative penny stock | |
| Ridgestone Mining appears to be risky and price may revert if volatility continues | |
| Ridgestone Mining has accumulated 160 K in total debt with debt to equity ratio (D/E) of 0.12, which may suggest the company is not taking enough advantage from borrowing. Ridgestone Mining has a current ratio of 0.76, 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 Ridgestone Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Ridgestone Mining'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 Ridgestone Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ridgestone to invest in growth at high rates of return. When we think about Ridgestone Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ridgestone Mining has accumulated about 223.22 K in cash with (2.13 M) of positive cash flow from operations. |
Other Information on Investing in Ridgestone Pink Sheet
Ridgestone Mining financial ratios help investors to determine whether Ridgestone Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ridgestone with respect to the benefits of owning Ridgestone Mining security.