Summa Silver Corp Stock Price on April 26, 2024

SSVR Stock  CAD 0.28  0.00  0.00%   
If you're considering investing in Summa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Summa Silver stands at 0.28, as last reported on the 29th of December, with the highest price reaching 0.28 and the lowest price hitting 0.26 during the day. Summa Silver Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Summa Silver Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Summa Silver's Variance of 17.32, risk adjusted performance of (0.11), and Coefficient Of Variation of (696.27) to confirm the risk estimate we provide.
  
At this time, Summa Silver's Total Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 55.3 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 5.4 M in 2024. . Price Earnings Ratio is likely to drop to -13.2 in 2024. Price Book Value Ratio is likely to drop to 1.04 in 2024. Summa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1223

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Estimated Market Risk

 4.22
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.52
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Summa Silver 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 Summa Silver by adding Summa Silver to a well-diversified portfolio.
Price Book
0.7611
Book Value
0.426
Enterprise Value
32.7 M
Enterprise Value Ebitda
(13.36)
Shares Float
73.4 M

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Summa Silver Valuation on April 26, 2024

It is possible to determine the worth of Summa Silver on a given historical date. On April 26, 2024 Summa was worth 0.45 at the beginning of the trading date compared to the closed value of 0.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summa Silver stock. Still, in general, we apply an absolute valuation method to find Summa Silver'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 Summa Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summa Silver's related companies.
 Open High Low Close Volume
  0.42    0.45    0.42    0.45    227,730  
04/26/2024
  0.45    0.46    0.44    0.46    178,693  
  0.45    0.45    0.42    0.45    113,311  
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Open Value
0.45
0.46
Closing Value
13.12
Upside

Summa Silver Trading Date Momentum on April 26, 2024

On April 29 2024 Summa Silver Corp was traded for  0.45  at the closing time. The maximum traded price for the trading interval was 0.45  and the lowest daily price was  0.42 . The daily volume was recorded at 113.3 K. The volume of trading on 29th of April 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.17% . The trading price change to the closing price today is 15.22% .

Summa Silver Corp Fundamentals Correlations and Trends

By evaluating Summa Silver'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 Summa Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summa financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Summa Silver Stock history

Summa Silver 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 Summa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summa Silver 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 Summa Silver stock prices may prove useful in developing a viable investing in Summa Silver
Last ReportedProjected for Next Year
Common Stock Shares Outstanding110.1 M56.9 M
Net Loss-3.3 M-3.2 M

Summa Silver Quarterly Net Working Capital

2.27 Million

Summa Silver Stock Technical Analysis

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

Summa Silver Period Price Range

Low
December 29, 2024
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High

 0.00 

     

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Summa Silver 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.

Summa Silver December 29, 2024 Market Strength

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

Summa Silver Technical and Predictive Indicators

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

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