Gogold Resources Stock Today
| GGD Stock | CAD 1.27 0.01 0.79% |
Performance5 of 100
| Odds Of DistressOver 51
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GoGold Resources is selling at 1.27 as of the 29th of November 2024; that is 0.79% up since the beginning of the trading day. The stock's open price was 1.26. GoGold Resources has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for GoGold Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
GoGold Resources Inc. engages in the exploration, development, and production of mineral properties in Mexico. The company was incorporated in 2008 and is headquartered in Halifax, Canada. GOGOLD RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. The company has 329.53 M outstanding shares of which 2.83 M shares are currently shorted by private and institutional investors with about 3.03 days to cover all short positions. More on GoGold Resources
Moving together with GoGold Stock
| 0.92 | AG | First Majestic Silver | PairCorr |
| 0.7 | IE | Ivanhoe Energy | PairCorr |
| 0.67 | FDY | Faraday Copper Corp | PairCorr |
Moving against GoGold Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
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GoGold Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GoGold Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GoGold Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Bradley Langille | ||||
| Business Concentration | Diversified Metals & Mining, Other Precious Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
GoGold Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GoGold Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsGoGold Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GoGold Resources' financial leverage. It provides some insight into what part of GoGold Resources' total assets is financed by creditors.
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GoGold Resources (GGD) is traded on Toronto Exchange in Canada and employs 204 people. GoGold Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 418.5 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GoGold Resources's market, we take the total number of its shares issued and multiply it by GoGold Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GoGold Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 329.53 M outstanding shares of which 2.83 M shares are currently shorted by private and institutional investors with about 3.03 days to cover all short positions.
GoGold Resources has accumulated about 8.99 M in cash with (7.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
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Ownership AllocationGoGold Resources has a total of 329.53 Million outstanding shares. GoGold Resources retains 6.4 (percent) of its outstanding shares held by insiders and 29.07 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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GoGold Resources Risk Profiles
Although GoGold Resources' alpha and beta are two of the key measurements used to evaluate GoGold Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.01 | |||
| Semi Deviation | 3.29 | |||
| Standard Deviation | 3.9 | |||
| Variance | 15.18 |
GoGold Stock Against Markets
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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.