Algo version: 0.98b
New Provenance is listed at the HKSE Exchange
New Provenance [2326.HK]
HKSE Sector: Trading Companies & Distributors Industry:Other Industrial Metals & Mining

Is New Provenance stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, New Provenance pays dividends. Last time was Friday 4th of November 2016 where the investors holding the stock on Tuesday 27th of September 2016 were paid HKD0.001 per share. Over the last 4 times between 2015 and 2016, New Provenance has paid HKD0.004 with an average of HKD0 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for New Provenance 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD0.0220, you would have made a loss of HKD-0.0120 per share or -54.55%

No, the average daily trading liquidity for New Provenance is HKD2.86 million. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

New Provenance has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 9.18, the company's ability to pay off the debt is good. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for New Provenance to be low [0.3 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.