North Arrow Minerals Stock Today

NAR Stock  CAD 0.18  0.04  28.57%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 61

 
High
 
Low
Quite High
North Arrow is selling for under 0.18 as of the 2nd of December 2024; that is 28.57 percent increase since the beginning of the trading day. The stock's lowest day price was 0.16. North Arrow has more than 61 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. North Arrow has reported 10 for 1 split on 17th of September 2024. Equity ratings for North Arrow Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
North Arrow Minerals Inc. engages in the acquisition and exploration of diamond properties in Canada. It also owns a 100 percent interest in ORO gold property located in the Hope Bay Volcanic Belt in Nunavut. NORTH ARROW operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 28.58 M outstanding shares of which 80 shares are now shorted by private and institutional investors with about 0.01 days to cover all short positions. More on North Arrow Minerals

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North 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. North Arrow's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding North Arrow or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentKenneth PGeo
Business ConcentrationDiversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Precious Metals & Mining, Basic Materials (View all Sectors)
North Arrow's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to North Arrow's 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
North Arrow 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 North Arrow's financial leverage. It provides some insight into what part of North Arrow's total assets is financed by creditors.
Liquidity
North Arrow 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. North Arrow Minerals has accumulated 571.99 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. North Arrow Minerals has a current ratio of 0.97, 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 North Arrow until it has trouble settling it off, either with new capital or with free cash flow. So, North Arrow'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 North Arrow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Arrow's use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

257,937
North Arrow Minerals (NAR) is traded on TSX Venture Exchange in Canada and employs 4 people. North Arrow 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 3.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate North Arrow's market, we take the total number of its shares issued and multiply it by North Arrow'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. North Arrow Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 28.58 M outstanding shares of which 80 shares are now shorted by private and institutional investors with about 0.01 days to cover all short positions. North Arrow Minerals has accumulated about 2.39 M in cash with (883.31 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership Allocation
North Arrow Minerals maintains a total of 28.58 Million outstanding shares. North Arrow Minerals secures 17.57 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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North Arrow Minerals Risk Profiles

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

North Stock Against Markets

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