Freegold Ventures Limited Stock Buy Hold or Sell Recommendation
| FVL Stock | CAD 0.78 0.03 3.70% |
Assuming the 90 days trading horizon and your bold attitude towards risk, our recommendation regarding Freegold Ventures Limited is 'Strong Sell'. The recommendation algorithm takes into account all of Freegold Ventures' available fundamental, technical, and predictive indicators you will find on this site.
Check out Freegold Ventures 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 Freegold and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Freegold Ventures Limited. 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.
Freegold |
Execute Freegold Ventures Buy or Sell Advice
The Freegold recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Freegold Ventures Limited. Macroaxis does not own or have any residual interests in Freegold Ventures Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Freegold Ventures' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Freegold Ventures Trading Alerts and Improvement Suggestions
| Freegold Ventures generated a negative expected return over the last 90 days | |
| Freegold Ventures has some characteristics of a very speculative penny stock | |
| Freegold Ventures has high historical volatility and very poor performance | |
| Freegold Ventures has high likelihood to experience some financial distress in the next 2 years | |
| Freegold Ventures Limited has accumulated 99.94 K in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Freegold Ventures has a current ratio of 0.66, 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 Freegold Ventures until it has trouble settling it off, either with new capital or with free cash flow. So, Freegold Ventures' 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 Freegold Ventures sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freegold to invest in growth at high rates of return. When we think about Freegold Ventures' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.1 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Freegold Ventures Limited has accumulated about 653.39 K in cash with (907) of positive cash flow from operations. | |
| Roughly 28.0% of Freegold Ventures shares are held by company insiders |
Freegold Ventures Returns Distribution Density
The distribution of Freegold Ventures' historical returns is an attempt to chart the uncertainty of Freegold Ventures' future price movements. The chart of the probability distribution of Freegold Ventures daily returns describes the distribution of returns around its average expected value. We use Freegold Ventures Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Freegold Ventures returns is essential to provide solid investment advice for Freegold Ventures.
| Mean Return | -0.05 | Value At Risk | -5.88 | Potential Upside | 7.87 | Standard Deviation | 4.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Freegold Ventures 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.
Freegold Ventures Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | 28.5M | (15.8M) | (13.1M) | 1.3K | 1.3K | |
| Free Cash Flow | (55.4K) | (3.5M) | (2.4M) | (1.1M) | (12.8K) | (13.4K) | |
| Other Non Cash Items | 10.8K | 13.3K | 5.8K | 6.3K | 17.55 | 16.67 | |
| Capital Expenditures | 53K | 1.5M | 1.7M | 326.7K | 11.9K | 11.3K | |
| Net Income | (347.4K) | (1.3M) | (2.2M) | (803.0K) | (3.1K) | (3.3K) | |
| End Period Cash Flow | 1.2M | 29.7M | 13.8M | 693.2K | 2.0K | 1.9K | |
| Depreciation | 56.9K | 55.6K | 63.5K | 103.6K | 74.1 | 70.4 | |
| Investments | (278.8K) | (5.7M) | (16.0M) | (16.2M) | (12.0M) | (11.4M) | |
| Change To Netincome | 137.9K | 31.7K | 3.1K | 1.5M | 1.7M | 1.8M |
Freegold Ventures 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 Freegold Ventures 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 Freegold Ventures' 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 Freegold 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 | 0.01 | |
β | Beta against Dow Jones | -0.6 | |
σ | Overall volatility | 3.77 | |
Ir | Information ratio | -0.04 |
Freegold Ventures Volatility Alert
Freegold Ventures Limited exhibits very low volatility with skewness of 1.15 and kurtosis of 4.08. Freegold Ventures Limited is a potential penny stock. Although Freegold Ventures may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Freegold Ventures Limited. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Freegold instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Freegold Ventures Fundamentals Vs Peers
Comparing Freegold Ventures' 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 Freegold Ventures' direct or indirect competition across all of the common fundamentals between Freegold Ventures and the related equities. This way, we can detect undervalued stocks with similar characteristics as Freegold Ventures or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Freegold Ventures' fundamental indicators could also be used in its relative valuation, which is a method of valuing Freegold Ventures by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Freegold Ventures to competition |
| Fundamentals | Freegold Ventures | Peer Average |
| Return On Equity | -0.0115 | -0.31 |
| Return On Asset | -0.0068 | -0.14 |
| Current Valuation | 370.3 M | 16.62 B |
| Shares Outstanding | 466.67 M | 571.82 M |
| Shares Owned By Insiders | 28.48 % | 10.09 % |
| Shares Owned By Institutions | 4.76 % | 39.21 % |
| Number Of Shares Shorted | 265.85 K | 4.71 M |
| Price To Earning | (18.57) X | 28.72 X |
| Price To Book | 2.69 X | 9.51 X |
| EBITDA | (3.09 M) | 3.9 B |
| Net Income | (3.1 K) | 570.98 M |
| Cash And Equivalents | 653.39 K | 2.7 B |
| Total Debt | 99.94 K | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 0.67 X | 2.16 X |
| Book Value Per Share | 0.22 X | 1.93 K |
| Cash Flow From Operations | (907) | 971.22 M |
| Short Ratio | 0.94 X | 4.00 X |
| Target Price | 2.0 | |
| Number Of Employees | 3 | 18.84 K |
| Beta | 2.5 | -0.15 |
| Market Capitalization | 364.01 M | 19.03 B |
| Total Asset | 90.36 M | 29.47 B |
| Retained Earnings | (73.22 M) | 9.33 B |
| Working Capital | 337.53 K | 1.48 B |
| Net Asset | 90.36 M |
Freegold Ventures Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Freegold . 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 Freegold Ventures Buy or Sell Advice
When is the right time to buy or sell Freegold Ventures Limited? Buying financial instruments such as Freegold 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.
Use Investing Ideas to Build Portfolios
In addition to having Freegold Ventures in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Freegold Stock
Freegold Ventures financial ratios help investors to determine whether Freegold 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 Freegold with respect to the benefits of owning Freegold Ventures security.