Morien Resources Corp Stock Price on December 16, 2024

MOX Stock  CAD 0.23  0.01  4.55%   
Below is the normalized historical share price chart for Morien Resources Corp extending back to October 25, 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 Morien Resources stands at 0.23, as last reported on the 16th of December 2024, with the highest price reaching 0.24 and the lowest price hitting 0.23 during the day.
200 Day MA
0.3317
50 Day MA
0.2754
Beta
0.799
 
Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in Morien Stock, it is important to understand the factors that can impact its price. Morien Resources Corp has Sharpe Ratio of -0.0334, which conveys that the firm had a -0.0334% return per unit of risk over the last 3 months. Morien Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morien Resources' Mean Deviation of 2.88, risk adjusted performance of (0.04), and Standard Deviation of 5.37 to check out the risk estimate we provide.
  
At this time, Morien Resources' Capital Stock is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to climb to 0.99 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 618.7 K in 2024. . At this time, Morien Resources' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 1.92 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (77.37). Morien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0334

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Estimated Market Risk

 5.28
  actual daily
47
53% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Morien Resources is not performing at its full potential. However, 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 Morien Resources by adding Morien Resources to a well-diversified portfolio.
Price Book
40.4114
Enterprise Value Ebitda
(41.41)
Price Sales
60.842
Shares Float
39 M
Wall Street Target Price
0.2

Morien Resources Valuation on December 16, 2024

It is possible to determine the worth of Morien Resources on a given historical date. On December 16, 2024 Morien was worth 0.24 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Morien Resources stock. Still, in general, we apply an absolute valuation method to find Morien Resources' 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 Morien Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Morien Resources' related companies.
 Open High Low Close Volume
  0.24    0.24    0.23    0.23    10,000  
12/16/2024
  0.24    0.24    0.23    0.23    0.00  
Backtest Morien Resources  |  Morien Resources History  |  Morien Resources Valuation   Previous
Open Value
0.24
0.23
Closing Value
16.07
Upside

Morien Resources Trading Date Momentum on December 16, 2024

On December 16 2024 Morien Resources Corp was traded for  0.23  at the closing time. The highest daily price throughout the period was 0.24  and the lowest price was  0.23 . There was no trading activity during the period 0.0. Lack of trading volume on 12/16/2024 did not cause price change. The trading delta at closing time to current closing price is 4.35% .

Morien Resources Corp Fundamentals Correlations and Trends

By evaluating Morien Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Morien Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Morien financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Morien Resources Stock history

Morien Resources 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 Morien is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Morien Resources Corp 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 Morien Resources stock prices may prove useful in developing a viable investing in Morien Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding51.1 M44 M
Net Loss-626.9 K-658.2 K

Morien Resources Quarterly Net Working Capital

1.15 Million

Morien Resources Stock Technical Analysis

Morien Resources 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 Morien Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Morien Resources 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

Morien Resources Period Price Range

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Morien Resources Corp 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.

Morien Resources December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Morien Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Morien Resources shares will generate the highest return on investment. By undertsting and applying Morien Resources stock market strength indicators, traders can identify Morien Resources Corp entry and exit signals to maximize returns

Morien Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Morien Resources' price direction in advance. Along with the technical and fundamental analysis of Morien Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Morien 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 Morien Stock Analysis

When running Morien Resources' price analysis, check to measure Morien Resources' 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 Morien Resources is operating at the current time. Most of Morien Resources' value examination focuses on studying past and present price action to predict the probability of Morien Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morien Resources' price. Additionally, you may evaluate how the addition of Morien Resources to your portfolios can decrease your overall portfolio volatility.