Athena OTC Stock Today


USD 0.05  0.0031  6.20%   

Market Performance
2 of 100
Odds Of Distress
Over 53
Athena Gold is selling at 0.0531 as of the 6th of December 2022; that is 6.20 percent up since the beginning of the trading day. The stock's lowest day price was 0.0531. Athena Gold has 53 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 Athena Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2021 and ending today, the 6th of December 2022. Click here to learn more.
Athena Gold Corporation, an exploration stage company, engages in the acquisition and exploration of mineral resources in the United States. Athena Gold Corporation was incorporated in 2003 and is based in Vacaville, California. ATHENA GOLD operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 136.09 M outstanding shares of which 0 shares are presently shorted by private and institutional investors with about 0.0 trading days to cover. More on Athena Gold Corp
Follow Valuation Odds of Bankruptcy
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Athena Gold OTC 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. Athena Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Athena Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Athena Gold Corp has very high historical volatility over the last 90 days
Athena Gold Corp has some characteristics of a very speculative penny stock
Athena Gold Corp has high likelihood to experience some financial distress in the next 2 years
The company currently holds 26.1 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Athena Gold Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Athena Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Athena Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athena Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athena to invest in growth at high rates of return. When we think about Athena Gold's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.03 M) with profit before overhead, payroll, taxes, and interest of 0.
Athena Gold Corp currently holds about 31.46 K in cash with (656.64 K) of positive cash flow from operations.
Roughly 74.0% of Athena Gold shares are held by company insiders
CEOJohn Power
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Athena Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Athena Gold Corp [AHNR] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 7.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athena Gold's market, we take the total number of its shares issued and multiply it by Athena Gold'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 these looking for more risk prefer small-cap and mid-cap equities. Athena Gold Corp conducts business under Basic Materials sector and is part of Other Precious Metals & Mining industry. The entity has 136.09 M outstanding shares of which 0 shares are presently shorted by private and institutional investors with about 0.0 trading days to cover. Athena Gold Corp currently holds about 31.46 K in cash with (656.64 K) of positive cash flow from operations.
Check Athena Gold Probability Of Bankruptcy
Athena Gold Corp retains a total of 136.09 Million outstanding shares. Athena Gold Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 74.03 percent of Athena Gold Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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.

Ownership Allocation (%)

Check Athena Ownership Details

Athena Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Athena Gold jumping above the current price in 90 days from now is about 80.48%. The Athena Gold Corp probability density function shows the probability of Athena Gold otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the otc stock has a beta coefficient of 1.3193. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Athena Gold will likely underperform. Additionally, the company has an alpha of 0.1286, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.0531HorizonTargetOdds Above 0.0531
19.42%90 days
Based on a normal probability distribution, the odds of Athena Gold to move above the current price in 90 days from now is about 80.48 (This Athena Gold Corp probability density function shows the probability of Athena OTC Stock to fall within a particular range of prices over 90 days) .

Athena Gold Corp Risk Profiles

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

Athena Stock Against Markets

Picking the right benchmark for Athena Gold otc 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 Athena Gold otc 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 Athena Gold is critical whether you are bullish or bearish towards Athena Gold Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Athena Gold 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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Invested in Athena Gold Corp?

The danger of trading Athena Gold Corp 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 Athena Gold 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 Athena Gold. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Athena Gold Corp 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.
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When running Athena Gold Corp price analysis, check to measure Athena Gold'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 Athena Gold is operating at the current time. Most of Athena Gold's value examination focuses on studying past and present price action to predict the probability of Athena Gold's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Athena Gold's price. Additionally, you may evaluate how the addition of Athena Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Athena Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine Athena Gold value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Athena Gold'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.