Elemental Royalties Corp Stock Analysis
| ELEMF Stock | USD 0.81 0.02 2.53% |
Elemental Royalties Corp is overvalued with Real Value of 0.7 and Hype Value of 0.82. The main objective of Elemental Royalties otc analysis is to determine its intrinsic value, which is an estimate of what Elemental Royalties Corp is worth, separate from its market price. There are two main types of Elemental Royalties' stock analysis: fundamental analysis and technical analysis.
The Elemental Royalties otc stock is traded in the USA on OTCQX Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Elemental Royalties' ongoing operational relationships across important fundamental and technical indicators.
Elemental |
Elemental OTC Stock Analysis Notes
About 57.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Elemental Royalties Corp recorded a loss per share of 0.07. The entity last dividend was issued on the 27th of July 2020. Elemental Royalties Corp., a gold-focused royalty company, engages in the evaluation and acquisition of royalties. It has a portfolio of nine royalties in Chile, Western Australia, Kenya, Canada, Mexico, and Burkina Faso. Elemental Altus is traded on OTC Exchange in the United States.The quote for Elemental Royalties Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Elemental Royalties Corp check out https://www.elementalroyalties.com.Elemental Royalties Corp Investment Alerts
| Elemental Royalties has some characteristics of a very speculative penny stock | |
| Elemental Royalties Corp has accumulated 24.43 M in total debt with debt to equity ratio (D/E) of 0.42, which is about average as compared to similar companies. Elemental Royalties Corp has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Elemental Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Elemental Royalties' 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 Elemental Royalties Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elemental to invest in growth at high rates of return. When we think about Elemental Royalties' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.61 M. Net Loss for the year was (4.73 M) with profit before overhead, payroll, taxes, and interest of 3.29 M. | |
| About 57.0% of Elemental Royalties shares are held by company insiders |
Elemental Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 182.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elemental Royalties's market, we take the total number of its shares issued and multiply it by Elemental Royalties's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Elemental Profitablity
Elemental Royalties' profitability indicators refer to fundamental financial ratios that showcase Elemental Royalties' ability to generate income relative to its revenue or operating costs. If, let's say, Elemental Royalties is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Elemental Royalties' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Elemental Royalties' profitability requires more research than a typical breakdown of Elemental Royalties' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.89) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05. Technical Drivers
As of the 30th of November, Elemental Royalties shows the Downside Deviation of 3.26, mean deviation of 2.24, and Coefficient Of Variation of 6781.3. Elemental Royalties Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Elemental Royalties Corp, which can be compared to its peers. Please confirm Elemental Royalties Corp coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Elemental Royalties Corp is priced favorably, providing market reflects its regular price of 0.81 per share. Given that Elemental Royalties is a hitting penny stock territory we advise to closely look at its total risk alpha.Elemental Royalties Corp Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Elemental Royalties middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Elemental Royalties Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Elemental Royalties Predictive Daily Indicators
Elemental Royalties intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Elemental Royalties otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Elemental Royalties Forecast Models
Elemental Royalties' time-series forecasting models are one of many Elemental Royalties' otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Elemental Royalties' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Elemental OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Elemental Royalties prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Elemental shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Elemental Royalties. By using and applying Elemental OTC Stock analysis, traders can create a robust methodology for identifying Elemental entry and exit points for their positions.
Elemental Royalties Corp., a gold-focused royalty company, engages in the evaluation and acquisition of royalties. It has a portfolio of nine royalties in Chile, Western Australia, Kenya, Canada, Mexico, and Burkina Faso. Elemental Altus is traded on OTC Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Elemental Royalties to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Elemental OTC Stock analysis
When running Elemental Royalties' price analysis, check to measure Elemental Royalties' 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 Elemental Royalties is operating at the current time. Most of Elemental Royalties' value examination focuses on studying past and present price action to predict the probability of Elemental Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elemental Royalties' price. Additionally, you may evaluate how the addition of Elemental Royalties to your portfolios can decrease your overall portfolio volatility.
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