Solgold Plc Stock Today
| SOLG Stock | CAD 0.18 0.01 5.88% |
Performance7 of 100
| Odds Of DistressLess than 30
|
SolGold PLC is selling at 0.18 as of the 22nd of April 2024; that is 5.88 percent increase since the beginning of the trading day. The stock's open price was 0.17. SolGold PLC has about a 30 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 SolGold PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
SolGold Plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. SolGold Plc was incorporated in 2005 and is headquartered in Brisbane, Australia. SOLGOLD PLC operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. The company has 3 B outstanding shares of which 1.21 M shares are at this time shorted by private and institutional investors with about 3.77 days to cover all short positions. More on SolGold PLC
Moving together with SolGold Stock
| 0.72 | GOOG | Alphabet CDR | PairCorr |
| 0.82 | XOM | EXXON MOBIL CDR | PairCorr |
Moving against SolGold Stock
| 0.64 | AAPL | Apple Inc CDR | PairCorr |
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SolGold 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. SolGold PLC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SolGold PLC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nicholas Mather | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
SolGold PLC's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SolGold PLC'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 SolGold PLC's financial leverage. It provides some insight into what part of SolGold PLC's total assets is financed by creditors.
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SolGold PLC (SOLG) is traded on Toronto Exchange in Canada and employs 461 people. SolGold PLC 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 540.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SolGold PLC's market, we take the total number of its shares issued and multiply it by SolGold PLC'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. SolGold PLC operates under Metals & Mining sector and is part of Materials industry. The entity has 3 B outstanding shares of which 1.21 M shares are at this time shorted by private and institutional investors with about 3.77 days to cover all short positions.
SolGold PLC has accumulated about 46.9 M in cash with (33.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check SolGold PLC Probability Of Bankruptcy
Ownership AllocationSolGold PLC shows a total of 3 Billion outstanding shares. SolGold PLC maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SolGold Ownership Details
SolGold Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of SolGold PLC jumping above the current price in 90 days from now is about 6.78%. The SolGold PLC probability density function shows the probability of SolGold PLC stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SolGold PLC has a beta of -0.427. This usually implies as returns on the benchmark increase, returns on holding SolGold PLC are expected to decrease at a much lower rate. During a bear market, however, SolGold PLC is likely to outperform the market. Additionally, solGold PLC has an alpha of 0.428, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of SolGold PLC to move above the current price in 90 days from now is about 6.78 (This SolGold PLC probability density function shows the probability of SolGold Stock to fall within a particular range of prices over 90 days) .
SolGold PLC Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SolGold PLC market risk premium is the additional return an investor will receive from holding SolGold PLC 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 SolGold PLC. 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 SolGold PLC's alpha and beta are two of the key measurements used to evaluate SolGold PLC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.29 | |||
| Semi Deviation | 3.32 | |||
| Standard Deviation | 5.2 | |||
| Variance | 27.03 |
SolGold Stock Against Markets
Picking the right benchmark for SolGold PLC 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 SolGold PLC 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 SolGold PLC is critical whether you are bullish or bearish towards SolGold PLC at a given time. Please also check how SolGold PLC'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 SolGold PLC 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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SolGold PLC Corporate Directors
SolGold PLC corporate directors refer to members of a SolGold PLC board of directors. The board of directors generally takes responsibility for the SolGold PLC'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 SolGold PLC's board members must vote for the resolution. The SolGold PLC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jason Ward | Executive Director - Project Management | Profile | |
| Craig Jones | Non-Executive Independent Director | Profile | |
| John Bovard | Non-Executive Director | Profile | |
| Anna Legge | Executive Director - Communications | Profile |
How to buy SolGold Stock?
Before investing in SolGold PLC, 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 SolGold PLC. To buy SolGold PLC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SolGold PLC. 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 SolGold PLC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SolGold PLC 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 SolGold PLC 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 SolGold PLC, 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 SolGold PLC?
The danger of trading SolGold PLC 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 SolGold PLC 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 SolGold PLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SolGold PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SolGold PLC. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for SolGold Stock analysis
When running SolGold PLC's price analysis, check to measure SolGold PLC'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 SolGold PLC is operating at the current time. Most of SolGold PLC's value examination focuses on studying past and present price action to predict the probability of SolGold PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolGold PLC's price. Additionally, you may evaluate how the addition of SolGold PLC to your portfolios can decrease your overall portfolio volatility.
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