Rover Metals Corp Stock Analysis

ROVR Stock  CAD 0.01  0.01  33.33%   
Rover Metals Corp is overvalued with Real Value of 0.0096 and Hype Value of 0.01. The main objective of Rover Metals stock analysis is to determine its intrinsic value, which is an estimate of what Rover Metals Corp is worth, separate from its market price. There are two main types of Rover Metals' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Rover Metals' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Rover Metals' stock to identify patterns and trends that may indicate its future price movements.
The Rover Metals stock is traded in Canada on TSX Venture 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 Canada. Rover Metals is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Rover Stock trading window is adjusted to America/Toronto timezone.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rover Metals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Rover Stock Analysis Notes

About 31.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.14. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Rover Metals Corp recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. The firm had 1:6 split on the 31st of October 2022. Rover Metals Corp., a precious metals exploration company, engages in acquiring, exploiting, exploring, evaluating, and developing mineral properties in North America. Rover Metals Corp. incorporated 2010 and is headquartered in Vancouver, British Colombia. ROVER METALS is traded on Commodity Exchange in Exotistan. To find out more about Rover Metals Corp contact the company at 778 754 2855 or learn more at https://www.rovermetals.com.

Rover Metals Corp Investment Alerts

Rover Metals Corp generated a negative expected return over the last 90 days
Rover Metals Corp has high historical volatility and very poor performance
Rover Metals Corp has some characteristics of a very speculative penny stock
Rover Metals Corp has a very high chance of going through financial distress in the upcoming years
Net Loss for the year was (1.94 M) with profit before overhead, payroll, taxes, and interest of 0.
Rover Metals Corp has accumulated about 335.39 K in cash with (961.71 K) of positive cash flow from operations.
Roughly 31.0% of the company outstanding shares are owned by corporate insiders

Rover Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 651.1 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rover Metals's market, we take the total number of its shares issued and multiply it by Rover Metals'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.

Rover Profitablity

Rover Metals' profitability indicators refer to fundamental financial ratios that showcase Rover Metals' ability to generate income relative to its revenue or operating costs. If, let's say, Rover Metals is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Rover Metals' 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 Rover Metals' profitability requires more research than a typical breakdown of Rover Metals' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.38)(0.40)
Return On Capital Employed(0.17)(0.17)
Return On Assets(0.38)(0.40)
Return On Equity(0.43)(0.46)

Management Efficiency

Rover Metals Corp has return on total asset (ROA) of (0.1315) % which means that it has lost $0.1315 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3055) %, meaning that it generated substantial loss on money invested by shareholders. Rover Metals' management efficiency ratios could be used to measure how well Rover Metals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.4 in 2024. Return On Capital Employed is likely to drop to -0.17 in 2024. At this time, Rover Metals' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 5 M in 2024, whereas Other Assets are likely to drop slightly above 93.8 K in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.10  0.09 
Tangible Book Value Per Share 0.10  0.09 
Enterprise Value Over EBITDA(1.93)(1.84)
Price Book Value Ratio 0.36  0.29 
Enterprise Value Multiple(1.93)(1.84)
Price Fair Value 0.36  0.29 
Enterprise Value1.4 M1.5 M
The strategic initiatives led by Rover Metals' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta
1.153
Return On Assets
(0.13)
Return On Equity
(0.31)

Technical Drivers

As of the 3rd of December, Rover Metals holds the Risk Adjusted Performance of (0.01), variance of 195.07, and Coefficient Of Variation of (3,253). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rover Metals, as well as the relationship between them. Please check Rover Metals Corp coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Rover Metals Corp is priced some-what accurately, providing market reflects its current price of 0.01 per share.

Rover Metals Corp Price Movement Analysis

Execute Study
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Rover Metals 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 Rover Metals Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Rover Metals Outstanding Bonds

Rover Metals issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Rover Metals Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Rover bonds can be classified according to their maturity, which is the date when Rover Metals Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Rover Metals Predictive Daily Indicators

Rover Metals 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 Rover Metals 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.

Rover Metals Forecast Models

Rover Metals' time-series forecasting models are one of many Rover Metals' 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 Rover Metals' 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 Rover Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Rover Metals 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 Rover 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 Rover Metals. By using and applying Rover Stock analysis, traders can create a robust methodology for identifying Rover entry and exit points for their positions.
Last ReportedProjected for Next Year

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 stock analysis tools, you can find out how much better you can do when adding Rover Metals to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Additional Tools for Rover Stock Analysis

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