Gogold Resources Stock Price on May 13, 2024

GGD Stock  CAD 1.79  0.01  0.56%   
Below is the normalized historical share price chart for GoGold Resources extending back to February 12, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GoGold Resources stands at 1.79, as last reported on the 25th of March, with the highest price reaching 1.83 and the lowest price hitting 1.77 during the day.
200 Day MA
1.3657
50 Day MA
1.4076
Beta
1.502
 
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If you're considering investing in GoGold Stock, it is important to understand the factors that can impact its price. GoGold Resources appears to be very risky, given 3 months investment horizon. GoGold Resources holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of return volatility over the last 3 months. By examining GoGold Resources' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize GoGold Resources' Risk Adjusted Performance of 0.2006, semi deviation of 2.62, and Market Risk Adjusted Performance of 1.94 to validate if our risk estimates are consistent with your expectations.
  
At this time, GoGold Resources' Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, GoGold Resources' Price Earnings Ratio is very stable compared to the past year. As of the 25th of March 2025, Price Book Value Ratio is likely to grow to 1.73, while Price To Sales Ratio is likely to drop 5.62. GoGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2445

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Estimated Market Risk

 3.52
  actual daily
31
69% of assets are more volatile

Expected Return

 0.86
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
19
81% of assets perform better
Based on monthly moving average GoGold Resources is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GoGold Resources by adding it to a well-diversified portfolio.
Price Book
1.4428
Enterprise Value Ebitda
22.51
Price Sales
12.1397
Shares Float
303.2 M
Wall Street Target Price
3.4875

GoGold Resources Valuation on May 13, 2024

It is possible to determine the worth of GoGold Resources on a given historical date. On May 13, 2024 GoGold was worth 1.48 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoGold Resources stock. Still, in general, we apply an absolute valuation method to find GoGold Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GoGold Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoGold Resources' related companies.
 Open High Low Close Volume
  1.48    1.50    1.46    1.49    489,500  
05/13/2024
  1.48    1.55    1.47    1.54    1,022,100  
  1.55    1.59    1.55    1.59    631,200  
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Open Value
1.48
1.54
Closing Value
12.03
Upside

GoGold Resources Trading Date Momentum on May 13, 2024

On May 14 2024 GoGold Resources was traded for  1.59  at the closing time. The maximum traded price for the trading interval was 1.59  and the lowest daily price was  1.55 . The daily volume was recorded at 631.2 K. The volume of trading on 14th of May 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 3.25% . The overall trading delta to the closing price today is 7.14% .

GoGold Resources Fundamentals Correlations and Trends

By evaluating GoGold Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GoGold Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GoGold Resources Stock history

GoGold Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GoGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoGold Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GoGold Resources stock prices may prove useful in developing a viable investing in GoGold Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding379 M397.9 M
Net Income Applicable To Common Shares795.8 K835.6 K

GoGold Resources Quarterly Net Working Capital

92.54 Million

GoGold Resources Stock Technical Analysis

GoGold Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of GoGold Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of GoGold Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

GoGold Resources Period Price Range

Low
March 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

GoGold Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

GoGold Resources March 25, 2025 Market Strength

Market strength indicators help investors to evaluate how GoGold Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoGold Resources shares will generate the highest return on investment. By undertsting and applying GoGold Resources stock market strength indicators, traders can identify GoGold Resources entry and exit signals to maximize returns

GoGold Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for GoGold Resources' price direction in advance. Along with the technical and fundamental analysis of GoGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoGold to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in GoGold Stock

GoGold Resources financial ratios help investors to determine whether GoGold 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 GoGold with respect to the benefits of owning GoGold Resources security.