Golden Goliath Financials
| GGTHF Stock | USD 0.06 0.03 100.00% |
Golden |
Understanding current and past Golden Goliath Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Golden Goliath's financial statements are interrelated, with each one affecting the others. For example, an increase in Golden Goliath's assets may result in an increase in income on the income statement.
Golden Goliath Stock Summary
Golden Goliath competes with Freegold Ventures, Adriatic Metals, Standard Lithium, and Fireweed Zinc. Golden Goliath Resources Ltd. engages in the acquisition and exploration of resource properties. Golden Goliath Resources Ltd. was incorporated in 1996 and is based in Vancouver, Canada. Golden Goliath operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 675 West Hastings |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.goldengoliath.com |
| Phone | 604 682 2950 |
| Currency | USD - US Dollar |
Golden Goliath Key Financial Ratios
There are many critical financial ratios that Golden Goliath's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Golden Goliath Resources reports annually and quarterly.| Return On Equity | -0.14 | |||
| Return On Asset | -0.0659 | |||
| Beta | 1.19 | |||
| Z Score | -1.4 |
Golden Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Golden Goliath's current stock value. Our valuation model uses many indicators to compare Golden Goliath value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golden Goliath competition to find correlations between indicators driving Golden Goliath's intrinsic value. More Info.Golden Goliath Resources is rated # 5 in return on equity category among its peers. It is rated below average 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 Goliath's earnings, one of the primary drivers of an investment's value.Golden Goliath Resources Systematic Risk
Golden Goliath's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Golden Goliath 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 output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Golden Goliath Resources correlated with the market. If Beta is less than 0 Golden Goliath generally moves in the opposite direction as compared to the market. If Golden Goliath Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Golden Goliath Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Golden Goliath is generally in the same direction as the market. If Beta > 1 Golden Goliath moves generally in the same direction as, but more than the movement of the benchmark.
Golden Goliath November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Golden Goliath help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Golden Goliath Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Golden Goliath Resources based on widely used predictive technical indicators. In general, we focus on analyzing Golden Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Golden Goliath's daily price indicators and compare them against related drivers.
| Downside Deviation | 53.81 | |||
| Information Ratio | 0.2028 | |||
| Maximum Drawdown | 499.08 | |||
| Value At Risk | (69.60) | |||
| Potential Upside | 215.99 |
Complementary Tools for Golden Pink Sheet analysis
When running Golden Goliath's price analysis, check to measure Golden Goliath'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 Goliath is operating at the current time. Most of Golden Goliath's value examination focuses on studying past and present price action to predict the probability of Golden Goliath'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 Goliath's price. Additionally, you may evaluate how the addition of Golden Goliath to your portfolios can decrease your overall portfolio volatility.
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