True North Gems Stock Analysis
| TGX Stock | CAD 0.05 0.00 0.00% |
True North Gems is overvalued with Real Value of 0.0441 and Hype Value of 0.05. The main objective of True North stock analysis is to determine its intrinsic value, which is an estimate of what True North Gems is worth, separate from its market price. There are two main types of True North's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect True North's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of True North's stock to identify patterns and trends that may indicate its future price movements.
The True North 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. True North is usually not traded on Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday. True Stock trading window is adjusted to America/Toronto timezone.
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True Stock Analysis Notes
The company has price-to-book ratio of 0.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. True North Gems recorded a loss per share of 0.02. The entity last dividend was issued on the 14th of February 2019. The firm had 1:10 split on the 14th of February 2019. True North Gems Inc. engages in the acquisition, exploration, and development of mineral properties. True North Gems Inc. was founded in 2001 and is based in Vancouver, Canada. TRUE NORTH operates under Other Precious Metals Mining classification in Canada and is traded on TSX Venture Exchange. To find out more about True North Gems contact CPA CMA at 604 687 8055 or learn more at https://www.truenorthgems.com.True North Gems Investment Alerts
| True North Gems had very high historical volatility over the last 90 days | |
| True North Gems has some characteristics of a very speculative penny stock | |
| True North Gems has high likelihood to experience some financial distress in the next 2 years | |
| True North Gems has accumulated 6.8 M in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. True North Gems has a current ratio of 0.01, 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 True North until it has trouble settling it off, either with new capital or with free cash flow. So, True North's 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 True North Gems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True North's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (276.59 K) with profit before overhead, payroll, taxes, and interest of 28.5 K. |
True Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate True North's market, we take the total number of its shares issued and multiply it by True North'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.Technical Drivers
As of the 26th of February, True North has the Coefficient Of Variation of 2534.86, variance of 69.7, and Risk Adjusted Performance of 0.0381. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of True North Gems, as well as the relationship between them. Please validate True North Gems market risk adjusted performance and total risk alpha to decide if True North is priced more or less accurately, providing market reflects its prevalent price of 0.05 per share.True North Gems Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. True North 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 True North Gems. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
True North Outstanding Bonds
True North 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. True North Gems 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 True bonds can be classified according to their maturity, which is the date when True North Gems 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.
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True North Predictive Daily Indicators
True North 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 True North 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.
True North Forecast Models
True North's time-series forecasting models are one of many True North's 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 True North's 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 True Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how True North 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 True 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 True North. By using and applying True Stock analysis, traders can create a robust methodology for identifying True entry and exit points for their positions.
True North Gems Inc. engages in the acquisition, exploration, and development of mineral properties. True North Gems Inc. was founded in 2001 and is based in Vancouver, Canada. TRUE NORTH operates under Other Precious Metals Mining classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for True Stock Analysis
When running True North's price analysis, check to measure True North'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 True North is operating at the current time. Most of True North's value examination focuses on studying past and present price action to predict the probability of True North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True North's price. Additionally, you may evaluate how the addition of True North to your portfolios can decrease your overall portfolio volatility.