Jaxon Mining Stock Today

JAX Stock  CAD 0.02  0.00  0.00%   

Performance

6 of 100

 
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High
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Odds Of Distress

Less than 20

 
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Zero
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Jaxon Mining is selling for under 0.02 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.02. Jaxon Mining has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Jaxon Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Jaxon Mining Inc. operates as a mineral exploration and development company in Canada. Jaxon Mining Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada. JAXON MINING operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 168 M outstanding shares of which 2.72 K shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Jaxon Mining

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Moving against Jaxon Stock

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Jaxon 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. Jaxon Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jaxon Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOLeif Smither
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Jaxon Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Jaxon Mining'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 Jaxon Mining's financial leverage. It provides some insight into what part of Jaxon Mining's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Jaxon Mining's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Jaxon Mining deploys its capital and how much of that capital is borrowed.
Liquidity
Jaxon Mining 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. The company has accumulated 50 K in total debt with debt to equity ratio (D/E) of 1.1, which is about average as compared to similar companies. Jaxon Mining has a current ratio of 2.66, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Jaxon Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Jaxon Mining'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 Jaxon Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Jaxon to invest in growth at high rates of return. When we think about Jaxon Mining's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

(24,487.79)
Jaxon Mining (JAX) is traded on TSX Venture Exchange in Canada and employs 15 people. Jaxon Mining 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 2.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jaxon Mining's market, we take the total number of its shares issued and multiply it by Jaxon Mining'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. Jaxon Mining classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 168 M outstanding shares of which 2.72 K shares are currently shorted by private and institutional investors with about 0.01 days to cover all short positions. Jaxon Mining has accumulated about 1.32 M in cash with 83.86 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Jaxon Mining Probability Of Bankruptcy
Ownership Allocation
Jaxon Mining secures a total of 168 Million outstanding shares. Roughly 98.0 (percent) of Jaxon Mining outstanding shares are held by general public with 1.831999999999999 % owned by insiders and only 0.0 pct. by outside corporations. 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 Jaxon Ownership Details

Jaxon Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Jaxon Mining jumping above the current price in 90 days from now is about 21.85%. The Jaxon Mining probability density function shows the probability of Jaxon Mining stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Jaxon Mining has a beta of -3.2541. This indicates as returns on its benchmark rise, returns on holding Jaxon Mining are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Jaxon Mining is expected to outperform its benchmark. In addition to that, jaxon Mining has an alpha of 3.4247, implying that it can generate a 3.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.02HorizonTargetOdds Above 0.02
78.09%90 days
 0.02 
21.85%
Based on a normal probability distribution, the odds of Jaxon Mining to move above the current price in 90 days from now is about 21.85 (This Jaxon Mining probability density function shows the probability of Jaxon Stock to fall within a particular range of prices over 90 days) .

Jaxon Mining Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jaxon Mining market risk premium is the additional return an investor will receive from holding Jaxon Mining 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 Jaxon Mining. 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 Jaxon Mining's alpha and beta are two of the key measurements used to evaluate Jaxon Mining's performance over the market, the standard measures of volatility play an important role as well.

Jaxon Stock Against Markets

Picking the right benchmark for Jaxon Mining 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 Jaxon Mining 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 Jaxon Mining is critical whether you are bullish or bearish towards Jaxon Mining at a given time. Please also check how Jaxon Mining'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 Jaxon Mining 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.

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Jaxon Mining Corporate Directors

Jaxon Mining corporate directors refer to members of a Jaxon Mining board of directors. The board of directors generally takes responsibility for the Jaxon Mining'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 Jaxon Mining's board members must vote for the resolution. The Jaxon Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Garry StockDirectorProfile
James LavigneIndependent DirectorProfile
Emma FairhurstDirectorProfile
Navin VarshneyIndependent DirectorProfile

How to buy Jaxon Stock?

Before investing in Jaxon Mining, 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 Jaxon Mining. To buy Jaxon Mining stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Jaxon Mining. 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 Jaxon Mining stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Jaxon Mining 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 Jaxon Mining 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 Jaxon Mining, 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 Jaxon Mining?

The danger of trading Jaxon Mining 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 Jaxon Mining 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 Jaxon Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jaxon Mining 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaxon Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Jaxon Mining's price analysis, check to measure Jaxon Mining'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 Jaxon Mining is operating at the current time. Most of Jaxon Mining's value examination focuses on studying past and present price action to predict the probability of Jaxon Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jaxon Mining's price. Additionally, you may evaluate how the addition of Jaxon Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jaxon Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jaxon Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jaxon Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.