Metalex Ventures Stock Analysis

Metalex Stock Analysis Notes

About 35.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Metalex Ventures had not issued any dividends in recent years. The entity had 1:2 split on the 6th of November 2002. Metalex Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada and Morocco. It also holds a 60 percent interest in an exploration license in Morocco. METALEX VENTURES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Metalex Ventures contact the company at 250 860 8599 or learn more at https://metalexventures.com.

Metalex Ventures Investment Alerts

Metalex Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Metalex Ventures's market, we take the total number of its shares issued and multiply it by Metalex Ventures'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.

Metalex Profitablity

Management Efficiency

Metalex Ventures has return on total asset (ROA) of (0.1826) % which means that it has lost $0.1826 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1504) %, meaning that it generated substantial loss on money invested by shareholders. Metalex Ventures' management efficiency ratios could be used to measure how well Metalex Ventures manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.41 in 2024. Return On Capital Employed is likely to climb to -0.69 in 2024. At this time, Metalex Ventures' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 6.6 M in 2024, whereas Total Current Assets are likely to drop slightly above 435.2 K in 2024.

Technical Drivers

As of the 12th of December 2024, Metalex Ventures secures the Mean Deviation of 36.3, downside deviation of 50.92, and Risk Adjusted Performance of 0.17. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Metalex Ventures, as well as the relationship between them. Please verify Metalex Ventures information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Metalex Ventures is priced some-what accurately, providing market reflects its recent price of 0.02 per share.

Metalex Ventures Price Movement Analysis

Metalex Ventures Outstanding Bonds

Metalex Ventures Predictive Daily Indicators

Metalex Ventures Forecast Models

Metalex Ventures' time-series forecasting models are one of many Metalex Ventures' 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 Metalex Ventures' 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Metalex Ventures 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 Metalex shares will generate the highest return on investment. We also built our stock 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 Stock such as Metalex Ventures. By using and applying Metalex Stock analysis, traders can create a robust methodology for identifying Metalex entry and exit points for their positions.

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