Golden Ridge Resources Financials

Golden Ridge Stock Summary

Golden Ridge competes with Brigadier Gold. Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship property is the Hank property covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia. Golden Ridge operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.

Golden Ridge Key Financial Ratios

There are many critical financial ratios that Golden Ridge's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Golden Ridge Resources reports annually and quarterly.

Golden Financial Ratios 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 also is one of the top stocks 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.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

If you are still planning to invest in Golden Ridge Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Ridge's history and understand the potential risks before investing.