Sixty North Gold Stock Today

SXNTF Stock  USD 0.07  0.01  23.76%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 48

 
High
 
Low
About Average
Sixty North is trading at 0.075 as of the 16th of April 2024. This is a 23.76 percent increase since the beginning of the trading day. The stock's lowest day price was 0.075. Sixty North has 48 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 days. Equity ratings for Sixty North Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. SIXTY NORTH operates under Gold classification in the United States and is traded on PNK Exchange.. The company has 19.43 M outstanding shares. More on Sixty North Gold

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Follow Valuation Odds of Bankruptcy
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Sixty Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sixty North's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sixty North or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationGold, Basic Materials (View all Sectors)
Sixty North Gold [SXNTF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.03 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sixty North's market, we take the total number of its shares issued and multiply it by Sixty North'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. Sixty North Gold classifies itself under Basic Materials sector and is part of Gold industry. The entity has 19.43 M outstanding shares. Sixty North Gold has accumulated about 27.36 K in cash with (520.88 K) of positive cash flow from operations.
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Ownership Allocation
Sixty North Gold shows a total of 19.43 Million outstanding shares. Sixty North Gold 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.
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Sixty Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Sixty North jumping above the current price in 90 days from now is near 1%. The Sixty North Gold probability density function shows the probability of Sixty North pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Sixty North Gold has a beta of -1.9746. This usually implies as returns on its benchmark rise, returns on holding Sixty North Gold are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sixty North is expected to outperform its benchmark. Moreover, sixty North Gold has an alpha of 1.3446, implying that it can generate a 1.34 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.075HorizonTargetOdds Above 0.075
100.00%90 days
 0.07 
0.00%
Based on a normal probability distribution, the odds of Sixty North to move above the current price in 90 days from now is near 1 (This Sixty North Gold probability density function shows the probability of Sixty Pink Sheet to fall within a particular range of prices over 90 days) .

Sixty North Gold Risk Profiles

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

Sixty Stock Against Markets

Picking the right benchmark for Sixty North pink sheet 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 Sixty North pink sheet 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 Sixty North is critical whether you are bullish or bearish towards Sixty North Gold at a given time. Please also check how Sixty North'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 Sixty North 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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Sixty North Corporate Management

Elected by the shareholders, the Sixty North's board of directors comprises two types of representatives: Sixty North inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sixty. The board's role is to monitor Sixty North's management team and ensure that shareholders' interests are well served. Sixty North's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sixty North's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Sixty Pink Sheet?

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

The danger of trading Sixty North 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 Sixty North 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 Sixty North. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sixty North 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sixty North 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 estimate.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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