Classic Minerals (Australia) Today
| CLZ Stock | 0.01 0 14.29% |
Performance0 of 100
| Odds Of DistressOver 84
|
Classic Minerals is selling for under 0.008 as of the 27th of April 2024; that is 14.29 percent increase since the beginning of the trading day. The stock's last reported lowest price was 0.007. Classic Minerals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Classic Minerals has reported 50 for 1 split on 20th of March 2024. Equity ratings for Classic Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of March 2024 and ending today, the 27th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Classic Minerals is entity of Australia. It is traded as Stock on AU exchange. The company has 310.03 M outstanding shares. More on Classic Minerals
Moving against Classic Stock
| 0.92 | AWC | Alumina | PairCorr |
| 0.91 | EVN | Evolution Mining | PairCorr |
| 0.87 | SFR | Sandfire Resources | PairCorr |
| 0.85 | PRU | Perseus Mining | PairCorr |
| 0.81 | NST | Northern Star Resources | PairCorr |
| 0.8 | URW | Unibail Rodamco West Earnings Call This Week | PairCorr |
| 0.8 | NEM | NEWMONT PORATION CDI | PairCorr |
Classic 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. Classic Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Classic Minerals 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, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Classic Minerals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Classic Minerals' 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 Classic Minerals' financial leverage. It provides some insight into what part of Classic Minerals' total assets is financed by creditors.
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Classic Minerals (CLZ) is traded on Australian Securities Exchange in Australia and employs 6 people. Classic Minerals 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 2.17 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Classic Minerals's market, we take the total number of its shares issued and multiply it by Classic Minerals'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. Classic Minerals operates under Metals & Mining sector and is part of Materials industry. The entity has 310.03 M outstanding shares.
Classic Minerals has accumulated about 16.86 K in cash with (13.36 K) of positive cash flow from operations.
Check Classic Minerals Probability Of Bankruptcy
Ownership AllocationClassic Minerals holds a total of 310.03 Million outstanding shares. Classic Minerals shows 18.54 percent of its outstanding shares held by insiders and 0.0 percent owned by other corporate entities. 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.
Check Classic Ownership Details
Classic Minerals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Classic Minerals market risk premium is the additional return an investor will receive from holding Classic Minerals 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 Classic Minerals. 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 Classic Minerals' alpha and beta are two of the key measurements used to evaluate Classic Minerals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.27 | |||
| Standard Deviation | 11.0 | |||
| Variance | 120.94 | |||
| Risk Adjusted Performance | (0.1) |
Classic Stock Against Markets
Picking the right benchmark for Classic Minerals 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 Classic Minerals 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 Classic Minerals is critical whether you are bullish or bearish towards Classic Minerals at a given time. Please also check how Classic Minerals' 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 Classic Minerals 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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Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Classic Minerals Corporate Executives
Elected by the shareholders, the Classic Minerals' board of directors comprises two types of representatives: Classic Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Classic. The board's role is to monitor Classic Minerals' management team and ensure that shareholders' interests are well served. Classic Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Classic Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gary Doutch | CoFounder | Profile | |
| John MCICD | CoFounder | Profile | |
| Malcom Doutch | CoFounder | Profile |
How to buy Classic Stock?
Before investing in Classic Minerals, 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 Classic Minerals. To buy Classic Minerals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Classic Minerals. 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 Classic Minerals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Classic Minerals 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 Classic Minerals 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 Classic Minerals, 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 Classic Minerals?
The danger of trading Classic Minerals 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 Classic Minerals 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 Classic Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Classic Minerals 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 Classic Minerals. 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. Note that the Classic Minerals information on this page should be used as a complementary analysis to other Classic Minerals' 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Classic Stock analysis
When running Classic Minerals' price analysis, check to measure Classic Minerals' 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 Classic Minerals is operating at the current time. Most of Classic Minerals' value examination focuses on studying past and present price action to predict the probability of Classic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Classic Minerals' price. Additionally, you may evaluate how the addition of Classic Minerals to your portfolios can decrease your overall portfolio volatility.
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