Northern Shield Resources Stock Buy Hold or Sell Recommendation
| NRN Stock | CAD 0.04 0.01 12.50% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Northern Shield Resources is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Northern Shield Resources given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Northern Shield Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Northern Shield 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. Note, we conduct extensive research on individual companies such as Northern and provide practical buy, sell, or hold advice based on investors' constraints. Northern Shield Resources. 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.
Northern |
Execute Northern Shield Buy or Sell Advice
The Northern recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Northern Shield Resources. Macroaxis does not own or have any residual interests in Northern Shield Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Northern Shield's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Northern Shield Trading Alerts and Improvement Suggestions
| Northern Shield generated a negative expected return over the last 90 days | |
| Northern Shield has high historical volatility and very poor performance | |
| Northern Shield has some characteristics of a very speculative penny stock | |
| Northern Shield has a very high chance of going through financial distress in the upcoming years | |
| Northern Shield Resources has accumulated 816.62 K in total debt with debt to equity ratio (D/E) of 8.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northern Shield Resources has a current ratio of 0.54, 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 Northern Shield until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Shield'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 Northern Shield Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Shield's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (991.23 K) with loss before overhead, payroll, taxes, and interest of (3.9 K). | |
| Northern Shield Resources has accumulated about 88.9 K in cash with (535.66 K) of positive cash flow from operations. | |
| Roughly 15.0% of Northern Shield outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Northern Shield Resources Launches 600,000 Private Placement for Exploration - TipRanks |
Northern Shield Returns Distribution Density
The distribution of Northern Shield's historical returns is an attempt to chart the uncertainty of Northern Shield's future price movements. The chart of the probability distribution of Northern Shield daily returns describes the distribution of returns around its average expected value. We use Northern Shield Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Northern Shield returns is essential to provide solid investment advice for Northern Shield.
| Mean Return | -0.04 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 5.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Northern Shield 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.
Northern Shield Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 537.6K | (1.5M) | (84.6K) | (41.4K) | (37.3K) | (39.2K) | |
| Free Cash Flow | (2.9M) | (2.5M) | (585.6K) | (866.4K) | (779.8K) | (818.8K) | |
| Capital Expenditures | 2.2M | 2.0M | 218.0K | 330.8K | 297.7K | 282.8K | |
| Net Income | (588.8K) | (233.0K) | (610.1K) | (991.2K) | (892.1K) | (936.7K) | |
| End Period Cash Flow | 1.8M | 301.6K | 217.0K | 175.5K | 201.9K | 191.8K | |
| Depreciation | 38.4K | 29.1K | 4.9K | 4.2K | 4.8K | 4.6K | |
| Other Non Cash Items | (415.0K) | (257.2K) | (597.0) | 409.1K | 368.1K | 637.3K | |
| Change To Netincome | 74.6K | 250.8K | (363.2K) | (257.2K) | (231.4K) | (219.9K) | |
| Investments | (2.2M) | (1.7M) | (218.0K) | (330.8K) | (297.7K) | (312.6K) |
Northern Shield 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 Northern Shield 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 Northern Shield'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 Northern 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 | -0.05 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 6.01 | |
Ir | Information ratio | 0.01 |
Northern Shield Volatility Alert
Northern Shield Resources exhibits very low volatility with skewness of 1.09 and kurtosis of 13.37. Northern Shield Resources is a penny stock. Although Northern Shield may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Northern Shield Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Northern 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.Northern Shield Fundamentals Vs Peers
Comparing Northern Shield'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 Northern Shield's direct or indirect competition across all of the common fundamentals between Northern Shield and the related equities. This way, we can detect undervalued stocks with similar characteristics as Northern Shield or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Northern Shield's fundamental indicators could also be used in its relative valuation, which is a method of valuing Northern Shield by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Northern Shield to competition |
| Fundamentals | Northern Shield | Peer Average |
| Return On Equity | -0.87 | -0.31 |
| Return On Asset | -0.6 | -0.14 |
| Current Valuation | 3.09 M | 16.62 B |
| Shares Outstanding | 91.36 M | 571.82 M |
| Shares Owned By Insiders | 14.95 % | 10.09 % |
| Number Of Shares Shorted | 20.01 K | 4.71 M |
| Price To Earning | (6.87) X | 28.72 X |
| Price To Book | 1.45 X | 9.51 X |
| Gross Profit | (3.9 K) | 27.38 B |
| EBITDA | (853.79 K) | 3.9 B |
| Net Income | (991.23 K) | 570.98 M |
| Cash And Equivalents | 88.9 K | 2.7 B |
| Total Debt | 816.62 K | 5.32 B |
| Debt To Equity | 8.80 % | 48.70 % |
| Current Ratio | 0.55 X | 2.16 X |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (535.66 K) | 971.22 M |
| Earnings Per Share | (0.04) X | 3.12 X |
| Beta | 1.58 | -0.15 |
| Market Capitalization | 3.2 M | 19.03 B |
| Total Asset | 6.02 M | 29.47 B |
| Retained Earnings | (33.17 M) | 9.33 B |
| Working Capital | (459.98 K) | 1.48 B |
| Net Asset | 6.02 M |
Northern Shield Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Northern . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 0.035 | |||
| Day Typical Price | 0.035 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) |
About Northern Shield Buy or Sell Advice
When is the right time to buy or sell Northern Shield Resources? Buying financial instruments such as Northern 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 Northern Shield 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 Broad Market ETFs Thematic Idea Now
Broad Market ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Market ETFs theme has 72 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 Broad Market ETFs Theme or any other thematic opportunities.
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Additional Tools for Northern Stock Analysis
When running Northern Shield's price analysis, check to measure Northern Shield'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 Northern Shield is operating at the current time. Most of Northern Shield's value examination focuses on studying past and present price action to predict the probability of Northern Shield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Shield's price. Additionally, you may evaluate how the addition of Northern Shield to your portfolios can decrease your overall portfolio volatility.