Monument Mining Limited Stock Price on December 6, 2024

MMY Stock  CAD 0.27  0.01  3.57%   
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 0.27, as last reported on the 19th of December, with the highest price reaching 0.28 and the lowest price hitting 0.26 during the day.
200 Day MA
0.1888
50 Day MA
0.2744
Beta
1.049
 
Housing Crash
 
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Covid
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 0.17, which conveys that the firm had a 0.17% 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 0.84% is justified by implied risk. Please exercise Monument Mining's Downside Deviation of 5.58, mean deviation of 3.24, and Risk Adjusted Performance of 0.1536 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.

Sharpe Ratio = 0.173

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Estimated Market Risk

 4.83
  actual daily
43
57% of assets are more volatile

Expected Return

 0.84
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Monument Mining is performing at about 13% 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
0.5296
Enterprise Value Ebitda
1.7978
Price Sales
1.7564
Shares Float
265 M
Wall Street Target Price
0.59

Monument Mining Main Headline on 6th of December 2024

SI6 Metals Limited Announces Maiden Air Core Drilling Program Completed At Monument Marketscreener.com

Monument Mining Valuation on December 6, 2024

It is possible to determine the worth of Monument Mining on a given historical date. On December 6, 2024 Monument was worth 0.25 at the beginning of the trading date compared to the closed value of 0.26. 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
  0.26    0.26    0.25    0.26    333,101  
12/06/2024
  0.25    0.26    0.25    0.26    229,000  
  0.26    0.28    0.26    0.28    291,812  
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Open Value
0.25
0.26
Closing Value
14.74
Upside

Monument Mining Trading Date Momentum on December 6, 2024

On December 09 2024 Monument Mining Limited was traded for  0.28  at the closing time. The highest daily price throughout the period was 0.28  and the lowest price was  0.26 . The daily volume was 291.8 K. The net trading volume on 12/09/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 7.69% . The trading delta at closing time to current closing price is 7.69% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding327.9 M210.2 M
Net Loss-5.6 M-5.9 M

Monument Mining Quarterly Net Working Capital

20.55 Million

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.
A focus of Monument Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Monument Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Monument Mining Period Price Range

Low
December 19, 2024
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High

 0.00 

     

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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 19, 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.

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.