D
Armada Mercantile Ltd.
ARM
CNSX
D
Sell
2/7/2025Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from D+ on 2/7/2025 due to a significant decline in the efficiency index, volatility index and solvency index. Net income declined 180% from $1.5 to -$1.2, and total capital declined 3.33% from $4.9M to $4.74M.
Armada Mercantile Ltd. (ARM) was downgraded to D- from D+ on 2/7/2025 due to a significant decline in the efficiency index, volatility index and solvency index. Net income declined 180% from $1.5 to -$1.2, and total capital declined 3.33% from $4.9M to $4.74M.
D
Sell
1/30/2025Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 1/30/2025 due to a noticeable increase in the total return index, growth index and solvency index. Operating cash flow increased 142.65% from -$13.6 to $5.8.
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 1/30/2025 due to a noticeable increase in the total return index, growth index and solvency index. Operating cash flow increased 142.65% from -$13.6 to $5.8.
D
Sell
7/5/2024Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 7/5/2024 due to a large decline in the efficiency index, growth index and total return index. Earnings per share declined from $0.0012 to -$0.0021, net income declined 271.49% from $23.5 to -$40.3, and total revenue declined 21.21% from $49.5 to $39.
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 7/5/2024 due to a large decline in the efficiency index, growth index and total return index. Earnings per share declined from $0.0012 to -$0.0021, net income declined 271.49% from $23.5 to -$40.3, and total revenue declined 21.21% from $49.5 to $39.
D
Sell
6/21/2024Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 6/21/2024 due to a decline in the total return index and growth index.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 6/21/2024 due to a decline in the total return index and growth index.
C
Hold
2/20/2024Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 2/20/2024 due to an increase in the volatility index.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 2/20/2024 due to an increase in the volatility index.
D
Sell
2/2/2024Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 2/2/2024 due to a noticeable decline in the valuation index, volatility index and efficiency index.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 2/2/2024 due to a noticeable decline in the valuation index, volatility index and efficiency index.
C
Hold
1/19/2024Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 1/19/2024 due to a decline in the valuation index, total return index and volatility index.
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 1/19/2024 due to a decline in the valuation index, total return index and volatility index.
C
Hold
1/4/2024Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 1/4/2024 due to an increase in the valuation index and total return index.
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 1/4/2024 due to an increase in the valuation index and total return index.
C
Hold
11/22/2023Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 11/22/2023 due to a noticeable decline in the valuation index and efficiency index.
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 11/22/2023 due to a noticeable decline in the valuation index and efficiency index.
C
Hold
10/28/2022Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 10/28/2022 due to a noticeable increase in the valuation index, efficiency index and total return index. Net income increased 123.83% from $29.8 to $66.7.
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 10/28/2022 due to a noticeable increase in the valuation index, efficiency index and total return index. Net income increased 123.83% from $29.8 to $66.7.
C
Hold
8/1/2022Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 8/1/2022 due to a noticeable increase in the growth index, efficiency index and valuation index. Earnings per share increased from -$0.0002 to $0.0016, net income increased 777.27% from -$4.4 to $29.8, and total capital increased 0.87% from $4.36M to $4.4M.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 8/1/2022 due to a noticeable increase in the growth index, efficiency index and valuation index. Earnings per share increased from -$0.0002 to $0.0016, net income increased 777.27% from -$4.4 to $29.8, and total capital increased 0.87% from $4.36M to $4.4M.
D
Sell
6/29/2022Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C on 6/29/2022 due to a significant decline in the valuation index, efficiency index and growth index. Net income declined 116% from $27.5 to -$4.4, and earnings per share declined from $0.0015 to -$0.0002.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C on 6/29/2022 due to a significant decline in the valuation index, efficiency index and growth index. Net income declined 116% from $27.5 to -$4.4, and earnings per share declined from $0.0015 to -$0.0002.
C
Hold
2/1/2022Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C from D+ on 2/1/2022 due to a significant increase in the efficiency index. Net income increased 93.66% from $14.2 to $27.5.
Armada Mercantile Ltd. (ARM) was upgraded to C from D+ on 2/1/2022 due to a significant increase in the efficiency index. Net income increased 93.66% from $14.2 to $27.5.
D
Sell
1/10/2022Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 1/10/2022 due to an increase in the volatility index.
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 1/10/2022 due to an increase in the volatility index.
D
Sell
12/23/2021Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 12/23/2021 due to a decline in the volatility index.
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 12/23/2021 due to a decline in the volatility index.
D
Sell
11/3/2021Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 11/3/2021 due to a significant decline in the efficiency index, volatility index and solvency index. Total capital declined 4.94% from $4.59M to $4.37M.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 11/3/2021 due to a significant decline in the efficiency index, volatility index and solvency index. Total capital declined 4.94% from $4.59M to $4.37M.
C
Hold
7/30/2021Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 7/30/2021 due to a noticeable decline in the growth index, total return index and volatility index. Earnings per share declined from $0.2367 to -$0.0001.
Armada Mercantile Ltd. (ARM) was downgraded to C- from C on 7/30/2021 due to a noticeable decline in the growth index, total return index and volatility index. Earnings per share declined from $0.2367 to -$0.0001.
C
Hold
7/2/2021Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 7/2/2021 due to a significant increase in the valuation index, solvency index and total return index. Debt to equity declined from 0.44 to 0.01.
Armada Mercantile Ltd. (ARM) was upgraded to C from C- on 7/2/2021 due to a significant increase in the valuation index, solvency index and total return index. Debt to equity declined from 0.44 to 0.01.
C
Hold
5/20/2021Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 5/20/2021 due to an increase in the total return index and volatility index.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 5/20/2021 due to an increase in the total return index and volatility index.
D
Sell
2/16/2021Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 2/16/2021 due to a decline in the total return index and valuation index.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 2/16/2021 due to a decline in the total return index and valuation index.
C
Hold
1/29/2021Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D on 1/29/2021 due to a significant increase in the efficiency index, solvency index and growth index. Debt to equity declined from 1.15 to 0.44, and total capital increased 7.23% from $47 to $50.4.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D on 1/29/2021 due to a significant increase in the efficiency index, solvency index and growth index. Debt to equity declined from 1.15 to 0.44, and total capital increased 7.23% from $47 to $50.4.
D
Sell
9/15/2020Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 9/15/2020 due to a significant increase in the solvency index, total return index and valuation index. Debt to equity declined from -0.23 to -1.01.
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 9/15/2020 due to a significant increase in the solvency index, total return index and valuation index. Debt to equity declined from -0.23 to -1.01.
D
Sell
7/20/2020Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 7/20/2020 due to a decline in the total return index, valuation index and volatility index.
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 7/20/2020 due to a decline in the total return index, valuation index and volatility index.
D
Sell
5/20/2020Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 5/20/2020 due to a noticeable increase in the growth index, valuation index and volatility index.
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 5/20/2020 due to a noticeable increase in the growth index, valuation index and volatility index.
D
Sell
5/1/2020Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 5/1/2020 due to a significant decline in the solvency index and efficiency index.
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 5/1/2020 due to a significant decline in the solvency index and efficiency index.
D
Sell
2/4/2020Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 2/4/2020 due to a significant increase in the efficiency index, growth index and total return index. Net income increased 48.2% from -$94.2 to -$48.8, and earnings per share increased from -$0.0052 to -$0.0027.
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 2/4/2020 due to a significant increase in the efficiency index, growth index and total return index. Net income increased 48.2% from -$94.2 to -$48.8, and earnings per share increased from -$0.0052 to -$0.0027.
D
Sell
12/24/2019Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 12/24/2019 due to a large decline in the total return index, growth index and solvency index. Debt to equity increased from 0.09 to 0.53, and earnings per share declined from -$0.0021 to -$0.0052.
Armada Mercantile Ltd. (ARM) was downgraded to D- from D on 12/24/2019 due to a large decline in the total return index, growth index and solvency index. Debt to equity increased from 0.09 to 0.53, and earnings per share declined from -$0.0021 to -$0.0052.
D
Sell
7/31/2019Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 7/31/2019 due to an increase in the valuation index, volatility index and solvency index.
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 7/31/2019 due to an increase in the valuation index, volatility index and solvency index.
D
Sell
1/30/2019Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from C- on 1/30/2019 due to a significant decline in the efficiency index, valuation index and solvency index. Debt to equity increased from 0.11 to 0.18, total capital declined 40.5% from $145.2 to $86.4, and net income declined 23.03% from -$45.6 to -$56.1.
Armada Mercantile Ltd. (ARM) was downgraded to D- from C- on 1/30/2019 due to a significant decline in the efficiency index, valuation index and solvency index. Debt to equity increased from 0.11 to 0.18, total capital declined 40.5% from $145.2 to $86.4, and net income declined 23.03% from -$45.6 to -$56.1.
C
Hold
11/6/2018Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D on 11/6/2018 due to a significant increase in the efficiency index, valuation index and volatility index.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D on 11/6/2018 due to a significant increase in the efficiency index, valuation index and volatility index.
D
Sell
10/22/2018Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 10/22/2018 due to a large decline in the total return index.
Armada Mercantile Ltd. (ARM) was downgraded to D from D+ on 10/22/2018 due to a large decline in the total return index.
D
Sell
9/28/2018Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 9/28/2018 due to a major decline in the total return index.
Armada Mercantile Ltd. (ARM) was downgraded to D+ from C- on 9/28/2018 due to a major decline in the total return index.
C
Hold
9/12/2018Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 9/12/2018 due to a large increase in the total return index.
Armada Mercantile Ltd. (ARM) was upgraded to C- from D+ on 9/12/2018 due to a large increase in the total return index.
D
Sell
8/30/2018Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 8/30/2018 due to a substantial increase in the total return index, growth index and valuation index. Operating cash flow increased 116.39% from -$18.3 to $3, and total revenue increased 33.33% from $11.4 to $15.2.
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 8/30/2018 due to a substantial increase in the total return index, growth index and valuation index. Operating cash flow increased 116.39% from -$18.3 to $3, and total revenue increased 33.33% from $11.4 to $15.2.
D
Sell
6/29/2018Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 6/29/2018 due to a major increase in the efficiency index and solvency index. Debt to equity declined from 0.28 to 0.09, and total capital increased 9.7% from $148.4 to $162.8.
Armada Mercantile Ltd. (ARM) was upgraded to D from D- on 6/29/2018 due to a major increase in the efficiency index and solvency index. Debt to equity declined from 0.28 to 0.09, and total capital increased 9.7% from $148.4 to $162.8.
D
Sell
1/30/2018Downgrade
Armada Mercantile Ltd. (ARM) was downgraded to D- from D+ on 1/30/2018 due to a significant decline in the efficiency index, total return index and valuation index.
Armada Mercantile Ltd. (ARM) was downgraded to D- from D+ on 1/30/2018 due to a significant decline in the efficiency index, total return index and valuation index.
D
Sell
11/3/2017Upgraded
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 11/3/2017 due to a significant increase in the efficiency index, valuation index and solvency index. Debt to equity declined from 1.11 to -0.97, and net income increased 1.58% from -$63.3 to -$62.3.
Armada Mercantile Ltd. (ARM) was upgraded to D+ from D on 11/3/2017 due to a significant increase in the efficiency index, valuation index and solvency index. Debt to equity declined from 1.11 to -0.97, and net income increased 1.58% from -$63.3 to -$62.3.
D
Sell
8/1/2017Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to D from D- on 8/1/2017 due to an increase in the total return index, volatility index and growth index. Total revenue increased 117.78% from -$58.5 to $10.4, operating cash flow increased 78.44% from -$38.5 to -$8.3, and earnings per share increased from -$0.007 to -$0.0036.
Armada Mercantile Ltd. (ARM/U) was upgraded to D from D- on 8/1/2017 due to an increase in the total return index, volatility index and growth index. Total revenue increased 117.78% from -$58.5 to $10.4, operating cash flow increased 78.44% from -$38.5 to -$8.3, and earnings per share increased from -$0.007 to -$0.0036.
D
Sell
6/29/2017Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 6/29/2017 due to a substantial increase in the total return index, efficiency index and growth index. Earnings per share increased from -$0.0141 to -$0.007, and net income increased 50.06% from -$245.1 to -$122.4.
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 6/29/2017 due to a substantial increase in the total return index, efficiency index and growth index. Earnings per share increased from -$0.0141 to -$0.007, and net income increased 50.06% from -$245.1 to -$122.4.
E
Sell
3/13/2017Downgrade
Armada Mercantile Ltd. (ARM/U) was downgraded to E+ from D- on 3/13/2017 due to a decline in the volatility index and valuation index.
Armada Mercantile Ltd. (ARM/U) was downgraded to E+ from D- on 3/13/2017 due to a decline in the volatility index and valuation index.
D
Sell
2/24/2017Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 2/24/2017 due to a large increase in the total return index and volatility index.
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 2/24/2017 due to a large increase in the total return index and volatility index.
E
Sell
1/31/2017Downgrade
Armada Mercantile Ltd. (ARM/U) was downgraded to E+ from D on 1/31/2017 due to a decline in the efficiency index, growth index and valuation index. Net income declined 2,374.75% from -$9.9 to -$245, earnings per share declined from -$0.0006 to -$0.0141, and total revenue declined 73.88% from $93.4 to $24.4.
Armada Mercantile Ltd. (ARM/U) was downgraded to E+ from D on 1/31/2017 due to a decline in the efficiency index, growth index and valuation index. Net income declined 2,374.75% from -$9.9 to -$245, earnings per share declined from -$0.0006 to -$0.0141, and total revenue declined 73.88% from $93.4 to $24.4.
D
Sell
11/1/2016Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to D from D- on 11/1/2016 due to an increase in the efficiency index and solvency index. Net income increased 105.05% from -$273.3 to $13.8, debt to equity declined from 0.04 to 0.01, and total capital increased 4.05% from $426.8 to $444.1.
Armada Mercantile Ltd. (ARM/U) was upgraded to D from D- on 11/1/2016 due to an increase in the efficiency index and solvency index. Net income increased 105.05% from -$273.3 to $13.8, debt to equity declined from 0.04 to 0.01, and total capital increased 4.05% from $426.8 to $444.1.
D
Sell
7/5/2016Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 7/5/2016 due to a significant increase in the solvency index, growth index and valuation index.
Armada Mercantile Ltd. (ARM/U) was upgraded to D- from E+ on 7/5/2016 due to a significant increase in the solvency index, growth index and valuation index.
E
Sell
7/1/2016Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to E+ from E on 7/1/2016 due to a noticeable increase in the total return index and volatility index.
Armada Mercantile Ltd. (ARM/U) was upgraded to E+ from E on 7/1/2016 due to a noticeable increase in the total return index and volatility index.
E
Sell
4/1/2016Upgraded
Armada Mercantile Ltd. (ARM/U) was upgraded to E from E- on 4/1/2016 due to an increase in the total return index.
Armada Mercantile Ltd. (ARM/U) was upgraded to E from E- on 4/1/2016 due to an increase in the total return index.
E
Sell
3/11/2016Downgrade
Armada Mercantile Ltd. (ARM/U) was downgraded to E- from E on 3/11/2016 due to a substantial decline in the valuation index, efficiency index and volatility index. Net income declined 199.09% from $98.9 to -$98, and total capital declined 10.78% from $1.06M to $950.
Armada Mercantile Ltd. (ARM/U) was downgraded to E- from E on 3/11/2016 due to a substantial decline in the valuation index, efficiency index and volatility index. Net income declined 199.09% from $98.9 to -$98, and total capital declined 10.78% from $1.06M to $950.
E
Sell
1/20/2016None
Armada Mercantile Ltd. (ARM) was downgraded to E from U on 01/20/2016.
Armada Mercantile Ltd. (ARM) was downgraded to E from U on 01/20/2016.
