November 30, 2016 - By Hazel Jackson
Upon recent trading, MEXUS GOLD US (OTCMKTS:MXSG) shares caught focus of OTC traders as the price moved $0.0012, touching the $0.0998 price point. Analyzing past data, MEXUS GOLD US’s shares price was big mover in the last 1-year with the 52-Week low of Infinity and 52-Week high of -16.83%.
Measuring a firm’s market value, also known as market capitalization allows investors and financial analysts assess the size of a firm relative to the market. Market capitalization can be understood as a statistic reflecting the public’s confidence in a firm because the calculation highlights the public’s investing arrangements. Financial institutions can put similarly-sized firms into groups such as mid-cap, small-cap AND large-cap by establishing a firm’s market capitalization.
Market capitalization is a vital financial indicator for two main reasons. Firstly, it helps investors in establishing value comparison between firms with their stocks trading at different levels. Secondly, it helps decide a firm’s size in relation to its peers. A firm’s market cap varies as its shares price changes, so financial editors compute market capitalization for public firms daily. MEXUS GOLD US (MXSG)’s market capitalization is currently $73.22M.
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MEXUS GOLD US’s shares has traded at $-18.45 month over month. The short interest of stock currently stands at 30,500 against short interest of 37,400 last month. Investors have 0 days to close the position.
The over-the-counter market is a place where stocks that are not listed on the NASDAQ, NYSE, or AMEX are traded. This term is referred exclusively for marginal or small firms that don’t fulfil the listing guidelines of the regulated stock exchanges. These stocks are sometimes called ‘pink sheet’ stocks, a term coined from the old days when such stocks lists were published on pink paper (now exclusively online). Since these equities are small and frequently financially suspect, OTC stocks are stated to be risky and, thus, are poorly traded. They are rarely traded, which indicate that the prospect of getting a bargain price is better over the stocks listed in an organized market. As a result, some traders are inclined to purchase OTC stocks in anticipation of making fast gains. The possibility of fast money becomes easier following the cheap prices of most of the OTC shares, often under $2.00-$1.00 per share, though it’s made tougher by the fact that detailed information on these equities is scarce and often undependable.
Trading in OTC securities is no different from straight gambling, and it is not suggested for beginners. Over-the-counter market is a decentralized market, with no central physical location. Market participants use communication methods like the telephone, email and proprietary electronic trading systems for trading. The exchange market and over-the-counter (OTC) market are two simple ways to establish a financial market.
Within an OTC marketplace, dealers are termed ‘market makers’ when they quote equity prices where they will sell and buy a currency or security. Trades can be carried out between two members in an OTC market without others being made informed of the transaction price, making OTC markets less reliable than exchanges. They are subject to fewer guidelines, which means increasing problems for investors. OTC markets are used mainly to trade currencies, structured products, derivatives and bonds. OTC markets can be used to trade stocks, such as the OTCQB, OTC Pink and OTCQX marketplaces in the U.S. Dealers that function in the U.S. markets are controlled by the Financial Industry Regulatory Authority, popularly named FINRA.
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OTC marketplace is a platform where clients and dealers trade with each other just like institutions and corporations do. The price a buyer gets from a seller may vary from the price received for same equity from another seller. The ask-bid margin is often wider for the OTC stocks. OTC markets operate smooth during the normal times, however, their lack of transparency becomes a vicious factor that can result in financial stress, and it was the same case when the 2007-2008 worldwide credit crisis happened. Mortgage-backed equities such as CMOs and CDOs, which were traded solely in the OTC markets, could not be dependably priced as liquidity was poor, and buyers were reluctant to trade in this market. This resulted in an increased count of dealers backing out from market-making activities, increasing the liquidity issue while driving a global credit crunch. The regulatory measures created in as the outcome of the crisis resolved this problem with the setup of clearinghouses for post-trade activities.
Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.
More notable recent Mexus Gold US (OTCMKTS:MXSG) news were published by: Globenewswire.com which released: “Mexus Gold US releases an update on its Santa Elena mine” on November 21, 2016, also Globenewswire.com with their article: “Mexus Gold US Announces Production at Santa Elena to begin shortly” published on October 31, 2016, Globenewswire.com published: “Mexus Gold US Announces Business Plan” on July 20, 2015. More interesting news about Mexus Gold US (OTCMKTS:MXSG) were released by: Globenewswire.com and their article: “Mexus Gold US Agreement With Gold Grabber LLC” published on July 09, 2014 as well as Globenewswire.com‘s news article titled: “Mexus Gold US Completes Sale of the San Felix Mine” with publication date: March 31, 2014.
Mexus Gold US is an exploration-stage mining company. The company has a market cap of $73.22 million. The Firm is engaged in the evaluation, acquisition, exploration and advancement of gold, silver and copper projects in the State of Sonora, Mexico and the Western United States, as well as the salvage of precious metals from identifiable sources. It currently has negative earnings. The Firm also engages in the salvage of precious metals from identifiable sources.
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