Austin Gold Corp Stock Performance
| AUST Stock | USD 1.99 0.07 3.40% |
Austin Gold holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.61, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Austin Gold are expected to decrease at a much lower rate. During the bear market, Austin Gold is likely to outperform the market. Use Austin Gold value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on Austin Gold.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Austin Gold Corp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile basic indicators, Austin Gold unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Stocks Slip On Mixed US Economic News - Barchart | 09/05/2024 |
2 | Austin Gold Announces Passing of Director Benjamin D. Leboe - MSN | 09/24/2024 |
3 | Financial Comparison Eldorado Gold vs. Austin Gold | 10/30/2024 |
| Begin Period Cash Flow | 630.6 K |
Austin |
Austin Gold Relative Risk vs. Return Landscape
If you would invest 99.00 in Austin Gold Corp on August 30, 2024 and sell it today you would earn a total of 100.00 from holding Austin Gold Corp or generate 101.01% return on investment over 90 days. Austin Gold Corp is currently generating 1.5452% in daily expected returns and assumes 9.6839% risk (volatility on return distribution) over the 90 days horizon. In different words, 86% of stocks are less volatile than Austin, and 70% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Austin Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Austin Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Austin Gold Corp, and traders can use it to determine the average amount a Austin Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1596
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.68 actual daily | 86 86% of assets are less volatile |
Expected Return
| 1.55 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Austin Gold is performing at about 12% 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 Austin Gold by adding it to a well-diversified portfolio.
Austin Gold Fundamentals Growth
Austin Stock prices reflect investors' perceptions of the future prospects and financial health of Austin Gold, and Austin Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Austin Stock performance.
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.19 | ||||
| Current Valuation | 20.69 M | ||||
| Shares Outstanding | 13.27 M | ||||
| Price To Book | 2.68 X | ||||
| EBITDA | (2.38 M) | ||||
| Net Income | (4 M) | ||||
| Cash And Equivalents | 18.03 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 676.61 K | ||||
| Current Ratio | 45.90 X | ||||
| Book Value Per Share | 0.74 X | ||||
| Cash Flow From Operations | (1.16 M) | ||||
| Earnings Per Share | (0.31) X | ||||
| Market Capitalization | 26.41 M | ||||
| Total Asset | 12.01 M | ||||
| Retained Earnings | (7.02 M) | ||||
| Working Capital | 9.04 M | ||||
About Austin Gold Performance
Assessing Austin Gold's fundamental ratios provides investors with valuable insights into Austin Gold's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Austin Gold is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (18.82) | (17.88) | |
| Return On Tangible Assets | (0.44) | (0.46) | |
| Return On Capital Employed | (0.26) | (0.27) | |
| Return On Assets | (0.44) | (0.46) | |
| Return On Equity | (0.47) | (0.49) |
Things to note about Austin Gold Corp performance evaluation
Checking the ongoing alerts about Austin Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Austin Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Austin Gold Corp is way too risky over 90 days horizon | |
| Austin Gold Corp may become a speculative penny stock | |
| Austin Gold Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Austin Gold Corp currently holds about 18.03 M in cash with (1.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| Austin Gold Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 50.0% of the company shares are held by company insiders |
- Analyzing Austin Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Austin Gold's stock is overvalued or undervalued compared to its peers.
- Examining Austin Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Austin Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Austin Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Austin Gold's stock. These opinions can provide insight into Austin Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Austin Stock Analysis
When running Austin Gold's price analysis, check to measure Austin 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 Austin Gold is operating at the current time. Most of Austin Gold's value examination focuses on studying past and present price action to predict the probability of Austin 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 Austin Gold's price. Additionally, you may evaluate how the addition of Austin Gold to your portfolios can decrease your overall portfolio volatility.