Monument Mining Limited Stock Price on May 7, 2024
| MMY Stock | CAD 0.28 0.01 3.70% |
Below is the normalized historical share price chart for Monument Mining Limited extending back to July 09, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Monument Mining stands at 0.28, as last reported on the 22nd of December, with the highest price reaching 0.28 and the lowest price hitting 0.27 during the day.
If you're considering investing in Monument Stock, it is important to understand the factors that can impact its price. Monument Mining appears to be out of control, given 3 months investment horizon. Monument Mining has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Monument Mining's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please exercise Monument Mining's Risk Adjusted Performance of 0.1522, downside deviation of 5.45, and Mean Deviation of 3.33 to check out if our risk estimates are consistent with your expectations.
At this time, Monument Mining's Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 441.6 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 210.2 M in 2024. . At this time, Monument Mining's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 0.30 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.03). Monument Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1905 | 50 Day MA 0.276 | Beta 1.049 |
Monument |
Sharpe Ratio = 0.183
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Estimated Market Risk
| 4.81 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.88 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Monument Mining is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Monument Mining by adding it to a well-diversified portfolio.
Price Book 0.5268 | Enterprise Value Ebitda 1.7849 | Price Sales 1.8203 | Shares Float 265 M | Wall Street Target Price 0.59 |
Monument Mining Valuation on May 7, 2024
It is possible to determine the worth of Monument Mining on a given historical date. On May 7, 2024 Monument was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Monument Mining stock. Still, in general, we apply an absolute valuation method to find Monument Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Monument Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Monument Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.15 | 0.15 | 25,400 | |
05/07/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 271,600 |
| 0.15 | 0.15 | 0.15 | 0.15 | 215,200 |
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Monument Mining Trading Date Momentum on May 7, 2024
| On May 08 2024 Monument Mining Limited was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.15 . The daily volume was 215.2 K. The net trading volume on 05/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.25% . The trading delta at closing time to current closing price is 0.00% . |
Monument Mining Fundamentals Correlations and Trends
By evaluating Monument Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Monument Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Monument financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Monument Mining Stock history
Monument Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Monument is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Monument Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Monument Mining stock prices may prove useful in developing a viable investing in Monument Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 327.9 M | 210.2 M | |
| Net Loss | -5.6 M | -5.9 M |
Monument Mining Quarterly Net Working Capital |
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Monument Mining Stock Technical Analysis
Monument Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Monument Mining Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Monument Mining Limited cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Monument Mining December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Monument Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Monument Mining shares will generate the highest return on investment. By undertsting and applying Monument Mining stock market strength indicators, traders can identify Monument Mining Limited entry and exit signals to maximize returns
Monument Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Monument Mining's price direction in advance. Along with the technical and fundamental analysis of Monument Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Monument to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1522 | |||
| Jensen Alpha | 0.8542 | |||
| Total Risk Alpha | 0.7229 | |||
| Sortino Ratio | 0.1531 | |||
| Treynor Ratio | 8.21 |
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Additional Tools for Monument Stock Analysis
When running Monument Mining's price analysis, check to measure Monument Mining'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 Monument Mining is operating at the current time. Most of Monument Mining's value examination focuses on studying past and present price action to predict the probability of Monument Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monument Mining's price. Additionally, you may evaluate how the addition of Monument Mining to your portfolios can decrease your overall portfolio volatility.