Durango OTC Stock Analysis

ATOXF
 Stock
  

USD 0.0409  0.001  2.39%   

The small dip in market price for the last few months could raise concerns from shareholders as the firm is trading at a share price of 0.0409 on 159,653 in volume. The company executives did not add much value to Durango Resources investors in October. However, diversifying your holdings with Durango Resources or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 9.98. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Durango Resources partners.
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The Durango Resources otc stock analysis report makes it easy to digest most publicly released information about Durango Resources and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Durango OTC Stock analysis module also helps to analyze the Durango Resources price relationship with some important fundamental indicators such as market cap and management efficiency.

Durango OTC Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.05. Some equities with similar Price to Book (P/B) outperform the market in the long run. Durango Resources recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had a split on the 12th of February 2013. Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral resource properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada. Durango Resources is traded on OTC Exchange in the United States.The quote for Durango Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Durango Resources please contact Marcy Kiesman at 604-339-2243 or go to https://www.durangoresourcesinc.com.

Durango Resources Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more otcs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Durango Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Durango Resources or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Durango Resources generated a negative expected return over the last 90 days
Durango Resources has high historical volatility and very poor performance
Durango Resources has some characteristics of a very speculative penny stock
Durango Resources has high likelihood to experience some financial distress in the next 2 years
Latest headline from news.google.com: Argonaut Gold Announces Third Quarter 2022 Financial Results - Production of 45,9 Gold Equivalent Ounces and Cash Flow1 of 13.6 Million - Marketscreener.com

Durango Market Capitalization

The company currently falls under 'Nano-Cap' category with current market capitalization of 3.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Durango Resources's market, we take the total number of its shares issued and multiply it by Durango 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.

Management Efficiency

The entity has return on total asset (ROA) of (8.73) % which means that it has lost $8.73 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 7.24 %, meaning that it generated $7.24 on every $100 dollars invested by stockholders. Durango Resources management efficiency ratios could be used to measure how well durango resources manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 28th of November, Durango Resources shows the Mean Deviation of 6.57, downside deviation of 9.73, and Coefficient Of Variation of 11575.95. Durango Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Durango Resources, which can be compared to its rivals. Please confirm Durango Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Durango Resources is priced favorably, providing market reflects its regular price of 0.0409 per share. As Durango Resources appears to be a penny stock we also advise to verify its total risk alpha numbers.

Durango Resources Price Movement Analysis

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Exponential Moving Average is calculated by weighting recent values of Durango Resources more heavily than older values.
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Durango Resources Predictive Daily Indicators

Durango Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Durango Resources otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Durango Resources Forecast Models

Durango Resources time-series forecasting models is one of many Durango Resources' otc stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Durango Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Durango OTC Stock Analysis

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Durango Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Durango shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual OTC such as Durango Resources. By using and applying Durango OTC Stock analysis, traders can create a robust methodology for identifying Durango entry and exit points for their positions.
Durango Resources Inc., an exploration stage company, acquires and explores for precious and base mineral resource properties in Canada. Durango Resources Inc. was incorporated in 2006 and is headquartered in Richmond, Canada. Durango Resources is traded on OTC Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Durango Resources to your portfolios without increasing risk or reducing expected return.

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When running Durango Resources price analysis, check to measure Durango 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Durango Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Durango Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durango Resources' 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.