P2 Gold Stock Performance
| PGLDF Stock | USD 0.06 0 1.85% |
On a scale of 0 to 100, P2 Gold holds a performance score of 8. The firm owns a Beta (Systematic Risk) of 0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, P2 Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding P2 Gold is expected to be smaller as well. Please check P2 Gold's sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to make a quick decision on whether P2 Gold's current price history will revert.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in P2 Gold are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, P2 Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.6 M | |
| Total Cashflows From Investing Activities | -223 K |
PGLDF |
P2 Gold Relative Risk vs. Return Landscape
If you would invest 4.00 in P2 Gold on December 18, 2024 and sell it today you would earn a total of 1.50 from holding P2 Gold or generate 37.5% return on investment over 90 days. P2 Gold is currently producing 0.8954% returns and takes up 8.7857% volatility of returns over 90 trading days. Put another way, 78% of traded otc stocks are less volatile than PGLDF, and 83% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
P2 Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for P2 Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as P2 Gold, and traders can use it to determine the average amount a P2 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 = 0.1019
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 8.79 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average P2 Gold is performing at about 8% 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 P2 Gold by adding it to a well-diversified portfolio.
P2 Gold Fundamentals Growth
PGLDF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of P2 Gold, and P2 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 PGLDF OTC Stock performance.
| Return On Asset | -2.36 | |||
| Current Valuation | 13.5 M | |||
| Shares Outstanding | 88.74 M | |||
| Price To Book | 21.96 X | |||
| EBITDA | (27.23 M) | |||
| Cash And Equivalents | 7.94 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 193.72 K | |||
| Book Value Per Share | (0.13) X | |||
| Cash Flow From Operations | (7.61 M) | |||
| Total Asset | 8.45 M | |||
About P2 Gold Performance
By analyzing P2 Gold's fundamental ratios, stakeholders can gain valuable insights into P2 Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if P2 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 P2 Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
P2 Gold Inc., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. P2 Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. P2 Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about P2 Gold performance evaluation
Checking the ongoing alerts about P2 Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for P2 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| P2 Gold is way too risky over 90 days horizon | |
| P2 Gold has some characteristics of a very speculative penny stock | |
| P2 Gold appears to be risky and price may revert if volatility continues | |
| P2 Gold has accumulated 193.72 K in total debt. P2 Gold has a current ratio of 0.64, 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 P2 Gold until it has trouble settling it off, either with new capital or with free cash flow. So, P2 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 P2 Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PGLDF to invest in growth at high rates of return. When we think about P2 Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (27.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| P2 Gold has accumulated about 7.94 M in cash with (7.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing P2 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 P2 Gold's stock is overvalued or undervalued compared to its peers.
- Examining P2 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 P2 Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of P2 Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of P2 Gold's otc stock. These opinions can provide insight into P2 Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for PGLDF OTC Stock analysis
When running P2 Gold's price analysis, check to measure P2 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 P2 Gold is operating at the current time. Most of P2 Gold's value examination focuses on studying past and present price action to predict the probability of P2 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 P2 Gold's price. Additionally, you may evaluate how the addition of P2 Gold to your portfolios can decrease your overall portfolio volatility.
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