Aldebaran Resources Stock Today
| ALDE Stock | CAD 1.04 0.02 1.96% |
Performance13 of 100
| Odds Of DistressLess than 31
|
Aldebaran Resources is selling for under 1.04 as of the 19th of April 2024; that is 1.96 percent increase since the beginning of the trading day. The stock's lowest day price was 1.0. Aldebaran Resources has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Aldebaran Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Aldebaran Resources Inc. focuses on acquisition, exploration, and evaluation of mineral properties in Argentina. Aldebaran Resources Inc. was founded in 2018 and is headquartered in Vancouver, Canada. ALDEBARAN RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. The company has 169.86 M outstanding shares of which 8.19 K shares are presently shorted by private and institutional investors with about 0.4 days to cover all short positions. More on Aldebaran Resources
Aldebaran Resources cannot be verified against its exchange. It appears that Aldebaran Resources is not available for investing at the moment. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshAldebaran 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. Aldebaran Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aldebaran Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Aldebaran Resources (ALDE) is traded on TSX Venture Exchange in Canada and employs 7 people. Aldebaran Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 173.26 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aldebaran Resources's market, we take the total number of its shares issued and multiply it by Aldebaran 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. Aldebaran Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 169.86 M outstanding shares of which 8.19 K shares are presently shorted by private and institutional investors with about 0.4 days to cover all short positions.
Aldebaran Resources has accumulated about 9.85 M in cash with (1.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
Check Aldebaran Resources Probability Of Bankruptcy
Aldebaran Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Aldebaran Resources market risk premium is the additional return an investor will receive from holding Aldebaran Resources 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 Aldebaran Resources. 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 Aldebaran Resources' alpha and beta are two of the key measurements used to evaluate Aldebaran Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.27 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.02 |
Aldebaran Stock Against Markets
Picking the right benchmark for Aldebaran Resources 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 Aldebaran Resources 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 Aldebaran Resources is critical whether you are bullish or bearish towards Aldebaran Resources at a given time. Please also check how Aldebaran Resources' historical prices are related to one of the top price index indicators.
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Aldebaran Resources Corporate Management
Elected by the shareholders, the Aldebaran Resources' board of directors comprises two types of representatives: Aldebaran Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aldebaran. The board's role is to monitor Aldebaran Resources' management team and ensure that shareholders' interests are well served. Aldebaran Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aldebaran Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stanford Foy | VP Devel | Profile | |
| CFA CFA | CFO Director | Profile | |
| BSc BSc | Chief Director | Profile | |
| Ben Cherrington | Manager Relations | Profile | |
| Megan CameronJones | Corporate Secretary | Profile | |
| Adam Greening | Senior Development | Profile |
How to buy Aldebaran Stock?
Before investing in Aldebaran Resources, 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 Aldebaran Resources. To buy Aldebaran Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aldebaran Resources. 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 Aldebaran Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aldebaran Resources 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 Aldebaran Resources 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 Aldebaran Resources, 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 Aldebaran Resources?
The danger of trading Aldebaran Resources 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 Aldebaran Resources 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 Aldebaran Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aldebaran Resources 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 Aldebaran Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Aldebaran Resources information on this page should be used as a complementary analysis to other Aldebaran Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Aldebaran Stock analysis
When running Aldebaran Resources' price analysis, check to measure Aldebaran 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 Aldebaran Resources is operating at the current time. Most of Aldebaran Resources' value examination focuses on studying past and present price action to predict the probability of Aldebaran Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aldebaran Resources' price. Additionally, you may evaluate how the addition of Aldebaran Resources to your portfolios can decrease your overall portfolio volatility.
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