Paringa Resources Limited Stock Performance
| PNGZF Stock | USD 0.03 0.00 0.00% |
Paringa Resources holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -85.67, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Paringa Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Paringa Resources is expected to outperform it. Use Paringa Resources risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to analyze future returns on Paringa Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Paringa Resources Limited are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Paringa Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -165.9 K |
Paringa |
Paringa Resources Relative Risk vs. Return Landscape
If you would invest 2.50 in Paringa Resources Limited on April 24, 2025 and sell it today you would earn a total of 0.00 from holding Paringa Resources Limited or generate 0.0% return on investment over 90 days. Paringa Resources Limited is currently producing 14.102% returns and takes up 125.7848% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Paringa, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Paringa Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paringa Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Paringa Resources Limited, and traders can use it to determine the average amount a Paringa Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1121
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Estimated Market Risk
| 125.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.96 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Paringa Resources is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Paringa Resources by adding it to a well-diversified portfolio.
Paringa Resources Fundamentals Growth
Paringa Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Paringa Resources, and Paringa Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Paringa Pink Sheet performance.
| Return On Equity | -7.08 | |||
| Return On Asset | -0.12 | |||
| Current Valuation | 68.61 M | |||
| Shares Outstanding | 25.29 M | |||
| Price To Earning | 0.06 X | |||
| Price To Book | 0.17 X | |||
| EBITDA | 141.36 M | |||
| Cash And Equivalents | 4.54 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 400 K | |||
| Debt To Equity | 0.10 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (476.69 K) | |||
| Earnings Per Share | 0.42 X | |||
| Total Asset | 16.86 M | |||
| Retained Earnings | (9.31 M) | |||
| Current Asset | 1.64 M | |||
| Current Liabilities | 1.2 M | |||
About Paringa Resources Performance
By analyzing Paringa Resources' fundamental ratios, stakeholders can gain valuable insights into Paringa Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Paringa Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Paringa Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
GCX Metals Limited engages in mineral exploration and development activities in Australia. GCX Metals Limited was incorporated in 2012 and is based in Perth, Australia. PARINGA RESOURCES operates under Gold classification in the United States and is traded on PNK Exchange.Things to note about Paringa Resources performance evaluation
Checking the ongoing alerts about Paringa Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Paringa Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Paringa Resources is way too risky over 90 days horizon | |
| Paringa Resources has some characteristics of a very speculative penny stock | |
| Paringa Resources appears to be risky and price may revert if volatility continues | |
| Paringa Resources Limited has accumulated about 4.54 M in cash with (476.69 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Paringa Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Paringa Resources' stock is overvalued or undervalued compared to its peers.
- Examining Paringa Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Paringa Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Paringa Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Paringa Resources' pink sheet. These opinions can provide insight into Paringa Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Paringa Pink Sheet analysis
When running Paringa Resources' price analysis, check to measure Paringa 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 Paringa Resources is operating at the current time. Most of Paringa Resources' value examination focuses on studying past and present price action to predict the probability of Paringa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paringa Resources' price. Additionally, you may evaluate how the addition of Paringa Resources to your portfolios can decrease your overall portfolio volatility.
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