Orestone Mining Corp Stock Price on September 6, 2024
| ORS Stock | CAD 0.02 0.01 33.33% |
Below is the normalized historical share price chart for Orestone Mining Corp extending back to March 11, 2008. 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 Orestone Mining stands at 0.02, as last reported on the 23rd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Orestone Stock, it is important to understand the factors that can impact its price. At this stage we consider Orestone Stock to be out of control. Orestone Mining Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0105, which implies the firm had a 0.0105% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Orestone Mining Corp, which you can use to evaluate the volatility of the company. Please check Orestone Mining's Risk Adjusted Performance of 0.0175, coefficient of variation of 9788.86, and Variance of 152.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Orestone Mining's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 3.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.9 M in 2024. . Price Earnings Ratio is likely to climb to 15.17 in 2024, whereas Price Book Value Ratio is likely to drop 0.49 in 2024. Orestone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0289 | 50 Day MA 0.0282 | Beta 2.307 |
Orestone |
Sharpe Ratio = 0.0105
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Estimated Market Risk
| 12.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orestone Mining 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 Orestone Mining by adding Orestone Mining to a well-diversified portfolio.
Price Book 0.3955 | Book Value 0.054 | Enterprise Value 1.2 M | Enterprise Value Ebitda (4.45) | Shares Float 54.8 M |
Orestone Mining Valuation on September 6, 2024
It is possible to determine the worth of Orestone Mining on a given historical date. On September 6, 2024 Orestone was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orestone Mining stock. Still, in general, we apply an absolute valuation method to find Orestone 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 Orestone Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orestone Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
09/06/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Orestone Mining Trading Date Momentum on September 6, 2024
| On September 09 2024 Orestone Mining Corp was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 09/09/2024 did not cause price change. The trading delta at closing time to current closing price is 50.00% . |
Orestone Mining Corp Fundamentals Correlations and Trends
By evaluating Orestone 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 Orestone Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orestone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orestone Mining Stock history
Orestone 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 Orestone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orestone Mining 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 Orestone Mining stock prices may prove useful in developing a viable investing in Orestone Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.2 M | 68.4 M | |
| Net Loss | -635.3 K | -667 K |
Orestone Mining Stock Technical Analysis
Orestone 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
Orestone Mining Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Orestone Mining 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.
Orestone Mining December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Orestone 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 Orestone Mining shares will generate the highest return on investment. By undertsting and applying Orestone Mining stock market strength indicators, traders can identify Orestone Mining Corp entry and exit signals to maximize returns
Orestone Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orestone Mining's price direction in advance. Along with the technical and fundamental analysis of Orestone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orestone 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 | 0.0175 | |||
| Jensen Alpha | 0.0331 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.031 |
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Additional Tools for Orestone Stock Analysis
When running Orestone Mining's price analysis, check to measure Orestone 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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone 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 Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.