We were able to break down thirty-four available reported financial drivers for GoGold Resources, which can be compared to its competitors. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of GoGold Resources to be traded at C$1.3344 in 90 days. Key indicators impacting GoGold Resources' financial strength include:
Understanding current and past GoGold Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GoGold Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in GoGold Resources' assets may result in an increase in income on the income statement.
GoGold Resources competes with Defiance Silver, Liberty Gold, Dolly Varden, Minaurum Gold, and Americas Silver. 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. It employs 185 people.
You should never invest in GoGold Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of GoGold Stock, because this is throwing your money away. Analyzing the key information contained in GoGold Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
GoGold Resources Key Financial Ratios
GoGold Resources' financial ratios allow both analysts and investors to convert raw data from GoGold Resources' financial statements into concise, actionable information that can be used to evaluate the performance of GoGold Resources over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining GoGold Resources's current stock value. Our valuation model uses many indicators to compare GoGold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoGold Resources competition to find correlations between indicators driving GoGold Resources's intrinsic value. More Info.
GoGold Resources is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, GoGold Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value GoGold Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GoGold Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
GoGold Resources Systematic Risk
GoGold Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GoGold Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on GoGold Resources correlated with the market. If Beta is less than 0 GoGold Resources generally moves in the opposite direction as compared to the market. If GoGold Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GoGold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GoGold Resources is generally in the same direction as the market. If Beta > 1 GoGold Resources moves generally in the same direction as, but more than the movement of the benchmark.
GoGold Resources Total Assets Over Time
Today, most investors in GoGold Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GoGold Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of GoGold Resources growth as a starting point in their analysis.
GoGold Resources January 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GoGold Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GoGold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of GoGold Resources based on widely used predictive technical indicators. In general, we focus on analyzing GoGold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GoGold Resources's daily price indicators and compare them against related drivers.
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.