Foran Mining Stock Buy Hold or Sell Recommendation
| FOM Stock | 4.13 0.11 2.59% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Foran Mining is 'Strong Sell'. The recommendation algorithm takes into account all of Foran Mining's available fundamental, technical, and predictive indicators you will find on this site.
Check out Foran Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Foran and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Foran Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Foran |
Execute Foran Mining Buy or Sell Advice
The Foran recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Foran Mining. Macroaxis does not own or have any residual interests in Foran Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Foran Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Foran Mining Trading Alerts and Improvement Suggestions
| Net Loss for the year was (13.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Foran Mining has accumulated about 87.32 M in cash with (6.28 M) of positive cash flow from operations. | |
| Roughly 20.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Foran Mining Enters into Option Agreement with Voyageur Mineral Explorers to Unlock Opportunity Along the Tesla Trend - Junior Mining Network |
Foran Mining Returns Distribution Density
The distribution of Foran Mining's historical returns is an attempt to chart the uncertainty of Foran Mining's future price movements. The chart of the probability distribution of Foran Mining daily returns describes the distribution of returns around its average expected value. We use Foran Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Foran Mining returns is essential to provide solid investment advice for Foran Mining.
| Mean Return | 0.09 | Value At Risk | -3.13 | Potential Upside | 3.04 | Standard Deviation | 2.18 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Foran Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Foran Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (3.8M) | 658.0K | 82.9M | 3.3M | 179.2M | 188.1M | |
| Free Cash Flow | (4.1M) | (1.2M) | (40.4M) | (59.5M) | (111.4M) | (105.8M) | |
| Depreciation | 152.3K | 143.0K | 98K | 58K | 66.7K | 88.4K | |
| Other Non Cash Items | (39.9K) | 960.0K | (1.8M) | 1.0M | (782K) | (742.9K) | |
| Capital Expenditures | 3.2M | 756.7K | 35.9M | 57.5M | 105.1M | 110.3M | |
| Net Income | (1.7M) | (2.1M) | (4.4M) | (9.8M) | (13.6M) | (12.9M) | |
| End Period Cash Flow | 391.6K | 1.0M | 84.0M | 87.3M | 266.5M | 279.8M |
Foran Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Foran Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Foran Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Foran stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2.21 | |
Ir | Information ratio | 0.01 |
Foran Mining Volatility Alert
Foran Mining has relatively low volatility with skewness of 0.75 and kurtosis of 1.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Foran Mining's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Foran Mining's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Foran Mining Fundamentals Vs Peers
Comparing Foran Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Foran Mining's direct or indirect competition across all of the common fundamentals between Foran Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Foran Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Foran Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Foran Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Foran Mining to competition |
| Fundamentals | Foran Mining | Peer Average |
| Return On Equity | -0.0116 | -0.31 |
| Return On Asset | -0.0201 | -0.14 |
| Current Valuation | 1.42 B | 16.62 B |
| Shares Outstanding | 392.61 M | 571.82 M |
| Shares Owned By Insiders | 19.93 % | 10.09 % |
| Shares Owned By Institutions | 18.50 % | 39.21 % |
| Number Of Shares Shorted | 2.43 M | 4.71 M |
| Price To Book | 2.21 X | 9.51 X |
| EBITDA | (17.61 M) | 3.9 B |
| Net Income | (13.62 M) | 570.98 M |
| Cash And Equivalents | 87.32 M | 2.7 B |
| Total Debt | 38.47 M | 5.32 B |
| Book Value Per Share | 1.92 X | 1.93 K |
| Cash Flow From Operations | (6.28 M) | 971.22 M |
| Short Ratio | 3.96 X | 4.00 X |
| Earnings Per Share | (0.02) X | 3.12 X |
| Target Price | 5.39 | |
| Number Of Employees | 107 | 18.84 K |
| Beta | 3.79 | -0.15 |
| Market Capitalization | 1.78 B | 19.03 B |
| Total Asset | 542.49 M | 29.47 B |
| Retained Earnings | (73.08 M) | 9.33 B |
| Net Asset | 542.49 M |
Foran Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Foran . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Foran Mining Buy or Sell Advice
When is the right time to buy or sell Foran Mining? Buying financial instruments such as Foran Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Foran Stock
Foran Mining financial ratios help investors to determine whether Foran Stock 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 Foran with respect to the benefits of owning Foran Mining security.