Tyler CPA - Athena Gold Chief Officer

AHNR Stock

USD 0.04 0.00 0.00%

Insider

Tyler CPA is Chief Officer of Athena Gold Corp

Age	53
Phone	707 291 6198
Web	https://athenagoldcorp.com

Athena Gold Management Efficiency

The company has return on total asset (ROA) of (0.1869) % which means that it has lost $0.1869 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1718) %, meaning that it created substantial loss on money invested by shareholders. Athena Gold's management efficiency ratios could be used to measure how well Athena Gold manages its routine affairs as well as how well it operates its assets and liabilities.

Compare Athena Gold to Peers

Predict price of Athena Gold

Athena Gold Corp currently holds 26.1 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Athena Gold Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Athena Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athena Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Gold's use of debt, we should always consider it together with cash and equity.

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Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. Athena Gold Corporation was incorporated in 2003 and is based in Vacaville, California. ATHENA GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. Athena Gold Corp [AHNR] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

	Return On Equity	-0.17
	Return On Asset	-0.19

Athena Gold Corp Leadership Team

Elected by the shareholders, the Athena Gold's board of directors comprises two types of representatives: Athena Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Athena. The board's role is to monitor Athena Gold's management team and ensure that shareholders' interests are well served. Athena Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Athena Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.

	John Power, CEO and President CFO, Principal Accounting Officer, Secretary and Director
	Tyler CPA, Chief Officer

Athena Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Athena Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

	Return On Equity	-0.17
	Return On Asset	-0.19
	Current Valuation	7.26 M
	Shares Outstanding	136.09 M
	Shares Owned By Insiders	74.77 %
	Price To Earning	(9.50) X
	Price To Book	1.36 X
	EBITDA	(1.02 M)
	Net Income	(1.03 M)
	Cash And Equivalents	31.46 K

Pair Trading with Athena Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Athena Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Athena Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Athena OTC Stock

0.41	WF	Woori Financial Group	Pair Corr
0.36	ZMPLF	Zimplats Holdings	Pair Corr
0.34	SHG	Shinhan Financial	Pair Corr
0.33	BKRKF	PT Bank Rakyat	Pair Corr
0.31	AUCOY	Polymetal International	Pair Corr

The ability to find closely correlated positions to Athena Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athena Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Athena Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Athena Gold Corp to buy it.

The correlation of Athena Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Athena Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athena Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Athena Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Athena OTC Stock Analysis

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

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