Golden Ridge Resources Stock Buy Hold or Sell Recommendation
| GLDN Stock | CAD 0.08 0.00 0.00% |
Assuming the 90 days trading horizon and your conservative risk appetite, our recommendation regarding Golden Ridge Resources is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Golden Ridge Resources given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Golden Ridge Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Golden Ridge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Golden and provide practical buy, sell, or hold advice based on investors' constraints. Golden Ridge Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Golden |
Execute Golden Ridge Buy or Sell Advice
The Golden recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Golden Ridge Resources. Macroaxis does not own or have any residual interests in Golden Ridge Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Golden Ridge's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Golden Ridge Trading Alerts and Improvement Suggestions
| Golden Ridge generated a negative expected return over the last 90 days | |
| Golden Ridge has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (545.56 K) with loss before overhead, payroll, taxes, and interest of (8.71 K). | |
| Golden Ridge Resources has accumulated about 1.21 M in cash with (293.88 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Solitario Resources Makes Major Gold Discovery at Golden Crest with 1.0 gt Over 41 Meters - StockTitan |
Golden Ridge Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (2.2M) | 3.3M | 825.6K | (2.3M) | (1.4M) | (1.3M) | |
| Depreciation | 22.9K | 7.5M | 814.0K | 26.5K | 14.6K | 13.9K | |
| Capital Expenditures | 2.1M | 1.3M | 652.0K | 1K | 95.5K | 90.7K | |
| Net Income | (521.5K) | (7.3M) | (1.7M) | (2.8M) | (545.6K) | (572.8K) | |
| Change To Netincome | (38.2K) | (37.5K) | (608.7K) | 551.7K | 496.6K | 396.5K | |
| End Period Cash Flow | 837.4K | 4.1M | 4.9M | 2.6M | 1.3M | 2.5M | |
| Free Cash Flow | (2.3M) | (2.0M) | (537.2K) | (402.5K) | (389.4K) | (408.9K) |
Golden Ridge Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Golden Ridge or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Golden Ridge's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Golden stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Golden Ridge Volatility Alert
At this time Golden Ridge Resources exhibits very low volatility. Golden Ridge Resources is a penny stock. Although Golden Ridge may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Golden Ridge Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Golden instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Golden Ridge Fundamentals Vs Peers
Comparing Golden Ridge's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Golden Ridge's direct or indirect competition across all of the common fundamentals between Golden Ridge and the related equities. This way, we can detect undervalued stocks with similar characteristics as Golden Ridge or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Golden Ridge's fundamental indicators could also be used in its relative valuation, which is a method of valuing Golden Ridge by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Golden Ridge to competition |
| Fundamentals | Golden Ridge | Peer Average |
| Return On Equity | -0.0224 | -0.31 |
| Return On Asset | -0.0326 | -0.14 |
| Current Valuation | 1.68 M | 16.62 B |
| Shares Outstanding | 58.54 M | 571.82 M |
| Shares Owned By Insiders | 24.81 % | 10.09 % |
| Number Of Shares Shorted | 31.81 K | 4.71 M |
| Price To Book | 0.76 X | 9.51 X |
| Gross Profit | (8.71 K) | 27.38 B |
| EBITDA | (299.56 K) | 3.9 B |
| Net Income | (545.56 K) | 570.98 M |
| Cash And Equivalents | 1.21 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 333.74 K | 5.32 B |
| Debt To Equity | 0.10 % | 48.70 % |
| Current Ratio | 17.03 X | 2.16 X |
| Book Value Per Share | 0.10 X | 1.93 K |
| Cash Flow From Operations | (293.88 K) | 971.22 M |
| Short Ratio | 1.98 X | 4.00 X |
| Number Of Employees | 7 | 18.84 K |
| Beta | 2.35 | -0.15 |
| Market Capitalization | 4.39 M | 19.03 B |
| Total Asset | 6.05 M | 29.47 B |
| Retained Earnings | (17.16 M) | 9.33 B |
| Working Capital | 2.44 M | 1.48 B |
| Net Asset | 6.05 M |
Golden Ridge Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Golden . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Golden Ridge Buy or Sell Advice
When is the right time to buy or sell Golden Ridge Resources? Buying financial instruments such as Golden Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Golden Ridge in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Golden Stock Analysis
When running Golden Ridge's price analysis, check to measure Golden Ridge's 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 Golden Ridge is operating at the current time. Most of Golden Ridge's value examination focuses on studying past and present price action to predict the probability of Golden Ridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Ridge's price. Additionally, you may evaluate how the addition of Golden Ridge to your portfolios can decrease your overall portfolio volatility.