Carlin Gold Stock Performance
| CGD Stock | CAD 0.21 0.00 0.00% |
On a scale of 0 to 100, Carlin Gold holds a performance score of 7. The firm shows a Beta (market volatility) of 0.0523, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carlin Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carlin Gold is expected to be smaller as well. Please check Carlin Gold's information ratio, skewness, as well as the relationship between the Skewness and day median price , to make a quick decision on whether Carlin Gold's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Carlin Gold are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Carlin Gold showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Last Split Date 2023-06-08 |
1 | Newmont Corp Stock Price and News - The Globe and Mail | 01/14/2025 |
2 | Orla Mining Brief Says Intersected High Grade Oxide Gold at South Carlin Complex and Advancing Permitting for South Railroad Project in Nevada - Marketscreener.... | 02/25/2025 |
| Begin Period Cash Flow | 199 K | |
| Free Cash Flow | -213.7 K |
Carlin |
Carlin Gold Relative Risk vs. Return Landscape
If you would invest 16.00 in Carlin Gold on December 15, 2024 and sell it today you would earn a total of 5.00 from holding Carlin Gold or generate 31.25% return on investment over 90 days. Carlin Gold is currently producing 0.6079% returns and takes up 6.5332% volatility of returns over 90 trading days. Put another way, 58% of traded stocks are less volatile than Carlin, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Carlin Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlin Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Carlin Gold, and traders can use it to determine the average amount a Carlin Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0931
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Estimated Market Risk
| 6.53 actual daily | 58 58% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Carlin Gold is performing at about 7% 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 Carlin Gold by adding it to a well-diversified portfolio.
Carlin Gold Fundamentals Growth
Carlin Stock prices reflect investors' perceptions of the future prospects and financial health of Carlin Gold, and Carlin Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Carlin Stock performance.
| Return On Equity | -0.0473 | ||||
| Return On Asset | -0.0433 | ||||
| Current Valuation | 1.99 M | ||||
| Shares Outstanding | 18.54 M | ||||
| Price To Earning | (17.50) X | ||||
| Price To Book | 0.95 X | ||||
| EBITDA | (266.52 K) | ||||
| Net Income | 563.23 K | ||||
| Cash And Equivalents | 225.19 K | ||||
| Total Debt | 26.11 K | ||||
| Debt To Equity | 1.60 % | ||||
| Book Value Per Share | 0.21 X | ||||
| Cash Flow From Operations | (213.74 K) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 3.99 M | ||||
| Retained Earnings | (7.95 M) | ||||
About Carlin Gold Performance
Evaluating Carlin Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Carlin Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Carlin Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Carlin Gold Corporation, an exploration stage company, identifies, evaluates, acquires, and explores for gold properties in the United States and Canada. Its flagship property is the 100 percent owned Cortez Summit property that includes 142 unpatented claims located in Eureka County, Nevada. CARLIN GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Carlin Gold performance evaluation
Checking the ongoing alerts about Carlin Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Carlin Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Carlin Gold is way too risky over 90 days horizon | |
| Carlin Gold has some characteristics of a very speculative penny stock | |
| Carlin Gold appears to be risky and price may revert if volatility continues | |
| Carlin Gold has accumulated 26.11 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Carlin Gold has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Carlin Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Carlin Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carlin Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carlin to invest in growth at high rates of return. When we think about Carlin Gold's use of debt, we should always consider it together with cash and equity. | |
| Carlin Gold has accumulated about 225.19 K in cash with (213.74 K) of positive cash flow from operations. | |
| Roughly 46.0% of Carlin Gold shares are held by company insiders | |
| Latest headline from news.google.com: Orla Mining Brief Says Intersected High Grade Oxide Gold at South Carlin Complex and Advancing Permitting for South Railroad Project in Nevada - Marketscreener.com |
- Analyzing Carlin Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Carlin Gold's stock is overvalued or undervalued compared to its peers.
- Examining Carlin Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Carlin Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Carlin Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Carlin Gold's stock. These opinions can provide insight into Carlin Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Carlin Stock Analysis
When running Carlin Gold's price analysis, check to measure Carlin Gold'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 Carlin Gold is operating at the current time. Most of Carlin Gold's value examination focuses on studying past and present price action to predict the probability of Carlin Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlin Gold's price. Additionally, you may evaluate how the addition of Carlin Gold to your portfolios can decrease your overall portfolio volatility.