Goldshore Resources Financials
| GSHR Stock | 0.26 0.01 4.00% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 8.0E-4 | 9.0E-4 |
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| Current Ratio | 7.77 | 7.3986 |
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Goldshore | Select Account or Indicator |
Understanding current and past Goldshore Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goldshore Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Goldshore Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Goldshore Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goldshore Resources. Check Goldshore Resources' Beneish M Score to see the likelihood of Goldshore Resources' management manipulating its earnings.
Goldshore Resources Stock Summary
Goldshore Resources competes with Cassiar Gold, Guanajuato Silver, Goliath Resources, Fireweed Zinc, and Summa Silver. Goldshore Resources is entity of Canada. It is traded as Stock on V exchange.Specialization | Basic Materials, Materials |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA38150N1078 |
| Business Address | 907-1030 West Georgia |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | goldshoreresources.com |
| Phone | 604 288 8005 |
You should never invest in Goldshore Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goldshore Stock, because this is throwing your money away. Analyzing the key information contained in Goldshore Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goldshore Resources Key Financial Ratios
There are many critical financial ratios that Goldshore Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goldshore Resources reports annually and quarterly.| Return On Equity | -0.0771 | ||||
| Gross Profit | (342.47 K) | ||||
| EBITDA | (2.19 M) | ||||
| Net Income | (7.02 M) | ||||
| Book Value Per Share | 0.32 X |
Goldshore Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goldshore Resources's current stock value. Our valuation model uses many indicators to compare Goldshore Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goldshore Resources competition to find correlations between indicators driving Goldshore Resources's intrinsic value. More Info.Goldshore Resources is rated # 3 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, Goldshore Resources' Return On Equity is fairly stable compared to the past year. 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 Goldshore Resources' earnings, one of the primary drivers of an investment's value.Goldshore Resources Systematic Risk
Goldshore Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goldshore 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 output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Goldshore Resources correlated with the market. If Beta is less than 0 Goldshore Resources generally moves in the opposite direction as compared to the market. If Goldshore Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goldshore Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goldshore Resources is generally in the same direction as the market. If Beta > 1 Goldshore Resources moves generally in the same direction as, but more than the movement of the benchmark.
Goldshore Resources Total Assets Over Time
Today, most investors in Goldshore Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goldshore 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 Goldshore Resources growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Goldshore Resources November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goldshore Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goldshore Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goldshore Resources based on widely used predictive technical indicators. In general, we focus on analyzing Goldshore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goldshore Resources's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.66 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 9.09 |
Additional Tools for Goldshore Stock Analysis
When running Goldshore Resources' price analysis, check to measure Goldshore Resources' 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 Goldshore Resources is operating at the current time. Most of Goldshore Resources' value examination focuses on studying past and present price action to predict the probability of Goldshore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldshore Resources' price. Additionally, you may evaluate how the addition of Goldshore Resources to your portfolios can decrease your overall portfolio volatility.