GoGold Resources Financials
| GLGDF Stock | USD 0.91 0.01 1.09% |
With this module, you can analyze GoGold financials for your investing period. You should be able to track the changes in GoGold Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
GoGold |
Understanding current and past GoGold Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GoGold Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in GoGold Resources' assets may result in an increase in income on the income statement.
The data published in GoGold Resources' official financial statements typically reflect GoGold Resources' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving GoGold Resources' quantitative information. For example, before you start analyzing numbers published by GoGold accountants, it's essential to understand GoGold Resources' liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
GoGold Resources Stock Summary
GoGold Resources competes with Scottie Resources, Blackrock Silver, AbraSilver Resource, Southern Silver, and Summa Silver. GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | CA38045Y1025 |
| Business Address | Cogswell Tower, Halifax, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | gogoldresources.com |
| Phone | 902 482 1998 |
| Currency | USD - US Dollar |
GoGold Resources Key Financial Ratios
There are many critical financial ratios that GoGold Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that GoGold Resources reports annually and quarterly.| Return On Equity | 0.0031 | |||
| Return On Asset | -0.0079 | |||
| Number Of Employees | 204 | |||
| Beta | 1.29 |
GoGold Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GoGold Resources's current stock value. Our valuation model uses many indicators to compare GoGold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoGold Resources competition to find correlations between indicators driving GoGold Resources's intrinsic value. More Info.GoGold Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GoGold Resources' earnings, one of the primary drivers of an investment's value.GoGold Resources Systematic Risk
GoGold Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GoGold Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on GoGold Resources correlated with the market. If Beta is less than 0 GoGold Resources generally moves in the opposite direction as compared to the market. If GoGold Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GoGold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GoGold Resources is generally in the same direction as the market. If Beta > 1 GoGold Resources moves generally in the same direction as, but more than the movement of the benchmark.
GoGold Resources December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GoGold Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GoGold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of GoGold Resources based on widely used predictive technical indicators. In general, we focus on analyzing GoGold OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GoGold Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.66 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 19.37 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 8.14 |
Complementary Tools for GoGold OTC Stock analysis
When running GoGold Resources' price analysis, check to measure GoGold Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |