Delta Resources Stock Today
| DLTA Stock | CAD 0.13 0.01 7.14% |
Performance7 of 100
| Odds Of DistressLess than 50
|
Delta Resources is selling for under 0.13 as of the 6th of May 2024; that is -7.14% down since the beginning of the trading day. The stock's lowest day price was 0.13. Delta Resources has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Delta Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2023 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Delta Resources Limited, a mineral exploration company, engages in the acquisition, exploration, and development of gold and base metal projects in Canada. Delta Resources Limited was incorporated in 1946 and is based in Mississauga, Canada. DELTA RESOURCES operates under Gold classification in Canada and is traded on TSX Venture Exchange.. The company has 101.99 M outstanding shares of which 50.07 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions. More on Delta Resources
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Delta 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. Delta Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delta Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | P Eng | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Delta Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Delta Resources' 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 Delta Resources' financial leverage. It provides some insight into what part of Delta Resources' total assets is financed by creditors.
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Delta Resources (DLTA) is traded on TSX Venture Exchange in Canada and employs 5 people. Delta Resources is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Delta Resources's market, we take the total number of its shares issued and multiply it by Delta 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. Delta Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 101.99 M outstanding shares of which 50.07 K shares are currently shorted by private and institutional investors with about 0.0 days to cover all short positions.
Delta Resources has accumulated about 225.2 K in cash with (7.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Delta Resources Probability Of Bankruptcy
Ownership AllocationDelta Resources retains a total of 101.99 Million outstanding shares. Roughly 92.0 percent of Delta Resources outstanding shares are held by general public with 2.08 (percent) owned by insiders and only 6.06 % by other corporate entities. 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 Delta Ownership Details
Delta Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Delta Resources jumping above the current price in 90 days from now is about 63.27%. The Delta Resources probability density function shows the probability of Delta Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0895 suggesting Delta Resources market returns are correlated to returns on the market. As the market goes up or down, Delta Resources is expected to follow. Additionally, delta Resources has an alpha of 0.395, implying that it can generate a 0.4 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Delta Resources to move above the current price in 90 days from now is about 63.27 (This Delta Resources probability density function shows the probability of Delta Stock to fall within a particular range of prices over 90 days) .
Delta Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Delta Resources market risk premium is the additional return an investor will receive from holding Delta 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 Delta 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 Delta Resources' alpha and beta are two of the key measurements used to evaluate Delta Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.71 | |||
| Semi Deviation | 5.42 | |||
| Standard Deviation | 6.74 | |||
| Variance | 45.44 |
Delta Stock Against Markets
Picking the right benchmark for Delta 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 Delta 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 Delta Resources is critical whether you are bullish or bearish towards Delta Resources at a given time. Please also check how Delta Resources' 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 Delta Resources 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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Delta Resources Corporate Executives
Elected by the shareholders, the Delta Resources' board of directors comprises two types of representatives: Delta Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Delta. The board's role is to monitor Delta Resources' management team and ensure that shareholders' interests are well served. Delta 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, Delta Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nathalie Laurin | CFO, Secretary | Profile |
How to buy Delta Stock?
Before investing in Delta 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 Delta Resources. To buy Delta Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delta 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 Delta Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Delta 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 Delta 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 Delta 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 Delta Resources?
The danger of trading Delta 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 Delta 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 Delta Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delta 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delta 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 nation. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Delta Stock analysis
When running Delta Resources' price analysis, check to measure Delta 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 Delta Resources is operating at the current time. Most of Delta Resources' value examination focuses on studying past and present price action to predict the probability of Delta Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Resources' price. Additionally, you may evaluate how the addition of Delta Resources to your portfolios can decrease your overall portfolio volatility.
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