Is Salona Global Medical stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Salona Global Medical pays dividends. Last time was Friday 2nd of June 2017 where the investors holding the stock on Wednesday 24th of May 2017 were paid $0.0055 per share. Over the last 5 times between 2016 and 2017, Salona Global Medical has paid $0.0965 with an average of $0.02 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Salona Global Medical 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $0.103, you would have made a loss of $-0.0230 per share or -22.33%
No, the average daily trading liquidity for Salona Global Medical is $589 thousand. 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.
Salona Global Medical has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. 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 Salona Global Medical to be high [1 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.