Nubian Resources Stock Analysis

Nubian Stock Analysis Notes

About 33.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.38. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nubian Resources recorded a loss per share of 0.05. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 9th of February 2011. Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in Canada, the United States, and Peru. Nubian Resources Ltd. was incorporated in 2004 and is headquartered in Abbotsford, Canada. NUBIAN RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Nubian Resources contact Theodore Schroeder at 604 870 4988 or learn more at https://www.nubianr.com.

Nubian Resources Investment Alerts

Nubian Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nubian Resources's market, we take the total number of its shares issued and multiply it by Nubian Resources'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.

Nubian Profitablity

Management Efficiency

Nubian Resources has return on total asset (ROA) of (0.0157) % which means that it has lost $0.0157 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0322) %, meaning that it generated substantial loss on money invested by shareholders. Nubian Resources' management efficiency ratios could be used to measure how well Nubian Resources manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2024. Return On Capital Employed is likely to drop to -0.03 in 2024. At this time, Nubian Resources' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 9.5 M in 2024, whereas Other Assets are likely to drop slightly above 81.8 K in 2024.

Technical Drivers

As of the 4th of December, Nubian Resources secures the Mean Deviation of 6.79, downside deviation of 17.41, and Risk Adjusted Performance of 0.0392. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nubian Resources, as well as the relationship between them. Please verify Nubian Resources standard deviation and the relationship between the treynor ratio and kurtosis to decide if Nubian Resources is priced some-what accurately, providing market reflects its recent price of 0.06 per share.

Nubian Resources Price Movement Analysis

Nubian Resources Outstanding Bonds

Nubian Resources Predictive Daily Indicators

Nubian Resources Forecast Models

Nubian Resources' time-series forecasting models are one of many Nubian Resources' 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 Nubian Resources' 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 Nubian Resources 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 Nubian 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 Nubian Resources. By using and applying Nubian Stock analysis, traders can create a robust methodology for identifying Nubian entry and exit points for their positions.

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