Indicators in Focus on Nemaska Lithium Inc. $NMX.ca
Separating the winners from the losers is a constant challenge for investors. Many focused investors may look to track stock momentum based on historical prices. Nemaska Lithium Inc. (TSX:NMX) currently has a 6 month price index of 1.08264. The six month price index is calculated by dividing the current share price by the share price six months ago. A ratio over one represents an increase in the stock price over the six month time frame. A ratio under one shows that the price has lowered over that defined time period.
We can also take a look at some stock volatility data on shares of Nemaska Lithium Inc. (TSX:NMX). The 12 month volatility is currently 79.689200. The 6 month volatility is noted at 76.539800, and the 3 month is recorded at 59.033400. When following the volatility of a stock, investors may be challenged with trying to decipher the correct combination of risk-reward to help maximize returns. As with any strategy, it is important to carefully consider risk and other market factors that might be in play when examining stock volatility levels.
Investors may be looking at the Piotroski F-Score when doing value analysis. The F-Score was developed to help find company stocks that have solid fundamentals, and to separate out weaker companies. Piotroski’s F-Score uses nine tests based on company financial statements. Nemaska Lithium Inc. (TSX:NMX) currently has a Piotroski F-Score of 2. One point is given for piece of criteria that is met. Typically, a stock with a high score of 8 or 9 would be seen as strong, and a stock scoring on the lower end between 0 and 2 would be viewed as weaker.
Shifting gears, Nemaska Lithium Inc. (TSX:NMX) has an FCF quality score of -4.349129. The free quality score helps estimate the stability of free cash flow. FCF quality is calculated as the 12 ltm cash flow per share over the average of the cash flow numbers. When reviewing this score, it is generally thought that the lower the ratio, the better. Presently, Nemaska Lithium Inc. has an FCF score of 0.713877. The FCF score is determined by merging free cash flow stability with free cash flow growth. In general, a higher FCF score value would represent high free cash flow growth. Monitoring FCF information may help provide some excellent insight on the financial health of a specific company.
Investors might want to take a look at shares of Nemaska Lithium Inc. (TSX:NMX) from a different angle. Let’s take a peek at the current Q.i. (Liquidity) Value. Nemaska Lithium Inc. (TSX:NMX) has a Q.i. value of 65.00000. This value ranks stocks using EBITDA yield, FCF yield, earnings yield and liquidity ratios. The Q.i. value may help identify companies that are undervalued. A larger value would indicate low turnover and a higher chance of shares being priced incorrectly. A lower value may show larger traded value meaning more sell-side analysts may track the company leading to a lesser chance that shares are priced improperly.
Source: http://stocknewsweek.com/indicators-in-focus-on-nemaska-lithium-inc-tsxnmx/14729.html
Read MoreSt-Georges Platinum and Base Metals Provides Le Royal Lithium Exploration Progress Update $SX.ca
- Hired Magnor Exploration Inc. in October to plan and execute a first exploration campaign on Le Royal Lithium
- Team of geoscientists with Yves Caron as its lead geologist, visited the project and conducted some initial surface work
- Encouraged by the discovery of outcrops on the limited territory covered in this evaluation visit and a zone of interest was identified that should be the priority of the exploration advancement
Montreal, Quebec / November 15, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to update its shareholders in regards to the current exploration effort on Le Royal Lithium project.
St-Georges’ management hired Magnor Exploration Inc. in October to plan and execute a first exploration campaign on Le Royal Lithium.
During the last week of October, a team of geoscientists with Yves Caron as its lead geologist, visited the project and conducted some initial surface work. Mr. Caron was instrumental in the development of the Wabouchi Lithium deposit while he was the Vice-President Exploration of Nemaska Lithium. Mr. Roger Ouellet was also part of the campaign as a senior geologist.
Read MoreNevada Energy Metals Options Out Third Lithium Project and Furthers its Project Generator Model $BFF.ca
Read MorePacific North West Capital Corp. Provides Exploration Update For The Lithman North Project, Southeast Manitoba $PFN.ca
- Phase One Program of Pegmatite sampling completed on Pacific North West Capital’s Lithium Projects in SE Manitoba, by its 100% owned Lithium Division, Lithium Canada Developments (LCD)
- Numerous Pegmatites were reviewed and sampled in the field
- Assay results revealed anomalous REE and Rare Metals, in several localities, on the Project area
- Recommendation is for a Detailed Field Mapping and Sampling Program for the Spring of 2017, followed by a Summer/Fall Drill Program.
November 14th, 2016 / Vancouver, British Columbia – Pacific North West Capital Corp. (“PFN” the “Company”) (TSXV: PFN; OTCQB: PAWEF; FSE: P7J) is pleased to announce that its 100% owned subsidiary, Lithium Canada Developments, has received and reviewed the Assays from its 2016 Phase One Field Program on the Lithman North Project. The Project is situated in SE Manitoba, approximately 150 kilometres NE of Winnipeg, Manitoba.
Read MoreNevada Energy Metals Options Out Third Lithium Project and Furthers its Project Generator Model $BFF.ca
- Completed a third joint venture option agreement
- Entered into an Option Agreement with LiCo Energy Metals Inc.
- property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada
November 11, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company”, TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has completed a third joint venture option agreement. The Company has entered into an Option Agreement with LiCo Energy Metals Inc. (“LiCo”) dated November 10, 2016 (the “Agreement”) whereby LiCo can acquire an undivided 70% interest, subject to a 3% Net Smelter Royalty, in the Black Rock Desert Lithium Project. The property consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. Reno, a major population center lies 177 kilometers to the southwest. The Agreement is “non-arms’ length” and so constitutes a related party transaction, as the “Company’s” President and CEO is also the President and CEO of LiCo. The agreement is subject to TSX Venture Exchange (the “Exchange”) approval.
Read More