CANSTAR RESOURCES (Exotistan) Today

Equity ratings for CANSTAR RESOURCES INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of February 2022 and ending today, the 30th of November 2022. Click here to learn more.
CANSTAR RESOURCES INC cannot be verified against its exchange. Apparently, CANSTAR RESOURCES is not available for investing at the moment. Please verify the symbol is currently traded on Commodity Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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CANSTAR RESOURCES 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. CANSTAR RESOURCES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CANSTAR RESOURCES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CANSTAR RESOURCES is not yet fully synchronised with the market data
CANSTAR RESOURCES has some characteristics of a very speculative penny stock
CANSTAR RESOURCES has high likelihood to experience some financial distress in the next 2 years
The company has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CANSTAR RESOURCES until it has trouble settling it off, either with new capital or with free cash flow. So, CANSTAR RESOURCES'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 CANSTAR RESOURCES INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CANSTAR to invest in growth at high rates of return. When we think about CANSTAR RESOURCES's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.6 M).
CANSTAR RESOURCES INC has accumulated about 182.15 K in cash with (339.02 K) of positive cash flow from operations.
Roughly 56.0% of the company outstanding shares are owned by corporate insiders
President CEODanniel Oosterman
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 CANSTAR RESOURCES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
CANSTAR RESOURCES INC (ROX) is traded on Commodity Exchange in Exotistan and employs 8 people. The company currently falls under 'Nano-Cap' category with current market capitalization of 1.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CANSTAR RESOURCES's market, we take the total number of its shares issued and multiply it by CANSTAR 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 these looking for more risk prefer small-cap and mid-cap equities. CANSTAR RESOURCES INC classifies itself under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 44.5 M outstanding shares of which 400 shares are at this time shorted by private and institutional investors with about 0.3 days to cover all short positions. CANSTAR RESOURCES INC has accumulated about 182.15 K in cash with (339.02 K) of positive cash flow from operations.
Check CANSTAR RESOURCES Probability Of Bankruptcy

CANSTAR Stock Against Markets

Picking the right benchmark for CANSTAR 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 CANSTAR 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 CANSTAR RESOURCES is critical whether you are bullish or bearish towards CANSTAR RESOURCES INC at a given time.
CANSTAR RESOURCES INC cannot be verified against its exchange. Apparently, CANSTAR RESOURCES is not available for investing at the moment. Please verify the symbol is currently traded on Commodity Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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CANSTAR RESOURCES Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CANSTAR RESOURCES stock to make a market-neutral strategy. Peer analysis of CANSTAR RESOURCES could also be used in its relative valuation, which is a method of valuing CANSTAR RESOURCES by comparing valuation metrics with similar companies.
Interactive BrokersPepsicoManchester UnitedCGI GroupWalmartStarco BrandsHilton IncImmutep LimitedAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth Trd
 Risk & Return  Correlation

CANSTAR RESOURCES Corporate Directors

CANSTAR RESOURCES corporate directors refer to members of a CANSTAR RESOURCES board of directors. The board of directors generally takes responsibility for the CANSTAR RESOURCES's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CANSTAR RESOURCES's board members must vote for the resolution. The CANSTAR RESOURCES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Deluce - Independent DirectorProfile
David Palmer - Independent DirectorProfile
Karen Willoughby - Director of Corporate Communications and Manager of Corporate AffairsProfile
Patrick Reid - Independent DirectorProfile

Invested in CANSTAR RESOURCES INC?

The danger of trading CANSTAR RESOURCES INC 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 CANSTAR 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 CANSTAR RESOURCES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CANSTAR RESOURCES INC 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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Other Tools for CANSTAR Stock

When running CANSTAR RESOURCES INC price analysis, check to measure CANSTAR RESOURCES'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 CANSTAR RESOURCES is operating at the current time. Most of CANSTAR RESOURCES's value examination focuses on studying past and present price action to predict the probability of CANSTAR RESOURCES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CANSTAR RESOURCES's price. Additionally, you may evaluate how the addition of CANSTAR RESOURCES to your portfolios can decrease your overall portfolio volatility.
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