Xtra Gold Resources Corp Stock Buy Hold or Sell Recommendation

XTG Stock  CAD 2.15  0.06  2.87%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Xtra Gold Resources Corp is 'Hold'. The recommendation algorithm takes into account all of Xtra Gold's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Xtra Gold 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.
In addition, we conduct extensive research on individual companies such as Xtra and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Xtra Gold Resources Corp. 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.

Execute Xtra Gold Buy or Sell Advice

The Xtra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Xtra Gold Resources Corp. Macroaxis does not own or have any residual interests in Xtra Gold Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Xtra Gold's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Xtra GoldBuy Xtra Gold
Hold

Market Performance

OKDetails

Volatility

Moderately volatileDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Xtra Gold Resources Corp has a Risk Adjusted Performance of 0.134, Jensen Alpha of 0.2056, Total Risk Alpha of 0.4868, Sortino Ratio of 0.2001 and Treynor Ratio of (0.53)
We provide recommendation to complement the prevalent expert consensus on Xtra Gold Resources. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Xtra Gold Resources Corp is not overpriced, please check out all Xtra Gold Resources fundamentals, including its total debt, as well as the relationship between the short ratio and total asset .

Xtra Gold Trading Alerts and Improvement Suggestions

About 23.0% of the company outstanding shares are owned by insiders
Latest headline from news.google.com: Xtra-Gold Resources Renews Share Repurchase Program for 2025 - TipRanks

Xtra Gold Returns Distribution Density

The distribution of Xtra Gold's historical returns is an attempt to chart the uncertainty of Xtra Gold's future price movements. The chart of the probability distribution of Xtra Gold daily returns describes the distribution of returns around its average expected value. We use Xtra Gold Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Xtra Gold returns is essential to provide solid investment advice for Xtra Gold.
Mean Return
0.27
Value At Risk
-2.62
Potential Upside
3.26
Standard Deviation
1.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Xtra Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Xtra Gold Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash470.0K224.1K1.1M1.4M1.6M1.7M
Free Cash Flow185.8K462.7K1.3M1.8M2.0M2.1M
Depreciation154.9K173.7K188.4K165.9K190.8K157.4K
Other Non Cash Items183.9K(483.9K)(123.8K)1.5M1.7M1.8M
Capital Expenditures319.6K203.4K259.6K37.7K33.9K32.3K
Net Income2.0M957.5K764.8K14.7K16.9K17.8K
End Period Cash Flow4.7M5.0M6.1M7.5M8.6M9.0M
Change To Inventory(448.9K)(133.3K)179.3K(21.7K)(24.9K)(26.2K)
Change To Netincome163.0K(272.2K)(1.3M)(903.3K)(813.0K)(772.3K)
Investments(319.6K)(203.4K)(259.6K)(269.4K)(242.4K)(254.6K)

Xtra Gold 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 Xtra Gold 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 Xtra Gold'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 Xtra 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
0.21
β
Beta against Dow Jones-0.49
σ
Overall volatility
1.82
Ir
Information ratio 0.20

Xtra Gold Volatility Alert

Xtra Gold Resources Corp has relatively low volatility with skewness of 0.21 and kurtosis of 0.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Xtra Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Xtra Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Xtra Gold Fundamentals Vs Peers

Comparing Xtra Gold'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 Xtra Gold's direct or indirect competition across all of the common fundamentals between Xtra Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as Xtra Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Xtra Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing Xtra Gold by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Xtra Gold to competition
FundamentalsXtra GoldPeer Average
Return On Equity0.0738-0.31
Return On Asset0.11-0.14
Current Valuation79.71 M16.62 B
Shares Outstanding46.04 M571.82 M
Shares Owned By Insiders22.99 %10.09 %
Shares Owned By Institutions0.07 %39.21 %
Number Of Shares Shorted7124.71 M
Price To Earning19.17 X28.72 X
Price To Book5.36 X9.51 X
EBITDA2.27 M3.9 B
Net Income14.72 K570.98 M
Cash And Equivalents5.78 M2.7 B
Cash Per Share0.14 X5.01 X
Total Debt1.52 M5.32 B
Current Ratio20.82 X2.16 X
Book Value Per Share0.28 X1.93 K
Cash Flow From Operations1.81 M971.22 M
Short Ratio0.07 X4.00 X
Earnings Per Share0.01 X3.12 X
Beta0.5-0.15
Market Capitalization98.99 M19.03 B
Total Asset11.86 M29.47 B
Retained Earnings(21.51 M)9.33 B
Working Capital8.77 M1.48 B
Net Asset11.86 M

Xtra Gold Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Xtra . 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 Xtra Gold Buy or Sell Advice

When is the right time to buy or sell Xtra Gold Resources Corp? Buying financial instruments such as Xtra 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.

Use Investing Ideas to Build Portfolios

In addition to having Xtra Gold 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?

Run Shipbuilding Railroad Equipment Thematic Idea Now

Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Xtra Stock

Xtra Gold financial ratios help investors to determine whether Xtra Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Xtra with respect to the benefits of owning Xtra Gold security.