Golden Ridge Resources Stock Fundamentals
| GLDN Stock | CAD 0.08 0.00 0.00% |
Golden Ridge Resources fundamentals help investors to digest information that contributes to Golden Ridge's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Ridge's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Golden Ridge stock.
At this time, Golden Ridge's Selling General Administrative is fairly stable compared to the past year. Cost Of Revenue is likely to climb to about 17.2 K in 2024, whereas Operating Income is likely to drop (758 K) in 2024. Golden | Select Account or Indicator |
Golden Ridge Resources Company Current Valuation Analysis
Golden Ridge's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Golden Ridge Current Valuation | 1.68 M |
Most of Golden Ridge's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Ridge Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Golden Ridge Resources has a Current Valuation of 1.68 M. This is 99.99% lower than that of the Metals & Mining sector and 99.99% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.99% higher than that of the company.
Golden Ridge Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Golden Ridge's current stock value. Our valuation model uses many indicators to compare Golden Ridge value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golden Ridge competition to find correlations between indicators driving Golden Ridge's intrinsic value. More Info.Golden Ridge Resources is one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Golden Ridge's earnings, one of the primary drivers of an investment's value.Golden Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Ridge's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Ridge could also be used in its relative valuation, which is a method of valuing Golden Ridge by comparing valuation metrics of similar companies.Golden Ridge is currently under evaluation in current valuation category among its peers.
Golden Fundamentals
| Return On Equity | -0.0224 | ||||
| Return On Asset | -0.0326 | ||||
| Current Valuation | 1.68 M | ||||
| Shares Outstanding | 58.54 M | ||||
| Shares Owned By Insiders | 24.81 % | ||||
| Number Of Shares Shorted | 31.81 K | ||||
| Price To Book | 0.76 X | ||||
| Gross Profit | (8.71 K) | ||||
| EBITDA | (299.56 K) | ||||
| Net Income | (545.56 K) | ||||
| Cash And Equivalents | 1.21 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 333.74 K | ||||
| Debt To Equity | 0.10 % | ||||
| Current Ratio | 17.03 X | ||||
| Book Value Per Share | 0.10 X | ||||
| Cash Flow From Operations | (293.88 K) | ||||
| Short Ratio | 1.98 X | ||||
| Beta | 2.35 | ||||
| Market Capitalization | 4.39 M | ||||
| Total Asset | 6.05 M | ||||
| Retained Earnings | (17.16 M) | ||||
| Working Capital | 2.44 M | ||||
| Net Asset | 6.05 M |
About Golden Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Ridge Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Ridge Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Cost Of Revenue | 14.6 K | 17.2 K |
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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.