Austral Gold Stock Today
| AGLD Stock | CAD 0.03 0.01 14.29% |
Performance9 of 100
| Odds Of DistressLess than 39
|
Austral Gold is selling for under 0.03 as of the 17th of April 2024; that is -14.29 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.03. Austral Gold has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Austral Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Austral Gold Limited, together with its subsidiaries, engages in the exploration and development of precious metals in South America. Austral Gold Limited is a subsidiary of Inversiones Financieras Del Sur SA. AUSTRAL GOLD operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 612.31 M outstanding shares of which 546 shares are presently shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Austral Gold
Moving against Austral Stock
| 0.49 | SEC | Senvest Capital | PairCorr |
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Austral 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. Austral Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Austral Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, COO, Executive Director | Stabro Kasaneva | ||||
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Austral Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Austral Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to 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 Austral Gold's financial leverage. It provides some insight into what part of Austral Gold's total assets is financed by creditors.
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Austral Gold (AGLD) is traded on TSX Venture Exchange in Canada and employs 17 people. Austral Gold is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Austral Gold's market, we take the total number of its shares issued and multiply it by Austral Gold'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. Austral Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 612.31 M outstanding shares of which 546 shares are presently shorted by private and institutional investors with about 0.02 days to cover all short positions.
Austral Gold has accumulated about 2.28 M in cash with 11.09 M of positive cash flow from operations.
Check Austral Gold Probability Of Bankruptcy
Ownership AllocationAustral Gold holds a total of 612.31 Million outstanding shares. Austral Gold shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 83.19 percent of Austral Gold outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, 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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Austral Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Austral Gold jumping above the current price in 90 days from now is about 6.9%. The Austral Gold probability density function shows the probability of Austral Gold stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Austral Gold has a beta of -2.7644. This suggests as returns on its benchmark rise, returns on holding Austral Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Austral Gold is expected to outperform its benchmark. Additionally, austral Gold has an alpha of 0.4115, implying that it can generate a 0.41 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Austral Gold to move above the current price in 90 days from now is about 6.9 (This Austral Gold probability density function shows the probability of Austral Stock to fall within a particular range of prices over 90 days) .
Austral Gold Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Austral Gold market risk premium is the additional return an investor will receive from holding Austral Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Austral Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Austral Gold's alpha and beta are two of the key measurements used to evaluate Austral Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.7 | |||
| Standard Deviation | 7.97 | |||
| Variance | 63.48 | |||
| Risk Adjusted Performance | 0.032 |
Austral Stock Against Markets
Picking the right benchmark for Austral Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Austral Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Austral Gold is critical whether you are bullish or bearish towards Austral Gold at a given time. Please also check how Austral Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Austral Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Austral Gold Corporate Directors
Austral Gold corporate directors refer to members of an Austral Gold board of directors. The board of directors generally takes responsibility for the Austral Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Austral Gold's board members must vote for the resolution. The Austral Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Trzebski | Independent Non-Executive Director | Profile | |
| Saul Zang | Non-Executive Director | Profile | |
| Ben Jarvis | Independent Non-Executive Director | Profile | |
| Wayne Hubert | Independent Non-Executive Director | Profile |
How to buy Austral Stock?
Before investing in Austral Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Austral Gold. To buy Austral Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Austral Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Austral Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Austral Gold stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Austral Gold stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Austral Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Austral Gold?
The danger of trading Austral Gold is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Austral Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Austral Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Austral Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Austral Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Austral Stock analysis
When running Austral Gold's price analysis, check to measure Austral Gold'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 Austral Gold is operating at the current time. Most of Austral Gold's value examination focuses on studying past and present price action to predict the probability of Austral Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austral Gold's price. Additionally, you may evaluate how the addition of Austral Gold to your portfolios can decrease your overall portfolio volatility.
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