Eastfield Resources Stock Today

ETF Stock  CAD 0.03  0.00  0.00%   

Performance

1 of 100

 
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Weak

Odds Of Distress

Less than 49

 
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About Average
Eastfield Resources is selling for under 0.03 as of the 4th of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.03. Eastfield Resources has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Eastfield Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2024 and ending today, the 4th of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Eastfield Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. Eastfield Resources Ltd. was founded in 1987 and is headquartered in Vancouver, Canada. Eastfield Resources operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 61.56 M outstanding shares of which 1.55 K shares are currently shorted by private and institutional investors with about 0.04 days to cover all short positions. More on Eastfield Resources

Moving against Eastfield Stock

  0.41PIC-A Premium Income SplitPairCorr
  0.32IE Ivanhoe EnergyPairCorr

Eastfield Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Eastfield Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Eastfield Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Eastfield Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Eastfield Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Eastfield Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Eastfield Resources' financial leverage. It provides some insight into what part of Eastfield Resources' total assets is financed by creditors.
Liquidity
Eastfield Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Eastfield Resources has accumulated 165.37 K in total debt. Eastfield Resources has a current ratio of 6.67, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Eastfield Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Eastfield Resources' 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 Eastfield Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eastfield to invest in growth at high rates of return. When we think about Eastfield Resources' use of debt, we should always consider it together with cash and equity.

Net Income

(305,249)
Eastfield Resources (ETF) is traded on TSX Venture Exchange in Canada and employs 1 people. Eastfield Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Eastfield Resources's market, we take the total number of its shares issued and multiply it by Eastfield 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. Eastfield Resources classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 61.56 M outstanding shares of which 1.55 K shares are currently shorted by private and institutional investors with about 0.04 days to cover all short positions. Eastfield Resources has accumulated about 385.51 K in cash with (217.71 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Eastfield Resources Probability Of Bankruptcy
Ownership Allocation
Eastfield Resources retains a total of 61.56 Million outstanding shares. Eastfield Resources shows 12.0 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Eastfield Ownership Details

Eastfield Resources Risk Profiles

Although Eastfield Resources' alpha and beta are two of the key measurements used to evaluate Eastfield Resources' performance over the market, the standard measures of volatility play an important role as well.

Eastfield Stock Against Markets

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Additional Tools for Eastfield Stock Analysis

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