Gossan Resources Financials

GSS Stock  CAD 0.01  0.01  25.00%   
We strongly advise to harness Gossan Resources fundamental analysis to find out if markets are presently mispricing the company. Simply put you can make use of it to find out if Gossan Resources is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-nine available reported financial drivers for Gossan Resources, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Gossan Resources to be traded at C$0.0143 in 90 days. Key indicators impacting Gossan Resources' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio5.634.8274
Fairly Up
Slightly volatile
  
Understanding current and past Gossan Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gossan Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Gossan Resources' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Gossan Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gossan Resources. Check Gossan Resources' Beneish M Score to see the likelihood of Gossan Resources' management manipulating its earnings.

Gossan Resources Stock Summary

Gossan Resources competes with Kiplin Metals, Pure Energy, and Noram Lithium. Gossan Resources Limited, an exploration and evaluation stage company, engages in the acquisition, exploration, and development of resource properties located in Manitoba and northwestern Ontario, Canada. Gossan Resources Limited was incorporated in 1980 and is headquartered in Winnipeg, Canada. Gossan Resources operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.
Foreign Associate
  USA
Specialization
Basic Materials, Other Industrial Metals & Mining
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA3834151068
Business Address171 Donald Street,
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitegossan.ca
Phone204 943 1990
CurrencyCAD - Canadian Dollar
You should never invest in Gossan Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Gossan Stock, because this is throwing your money away. Analyzing the key information contained in Gossan Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Gossan Resources Key Financial Ratios

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

Gossan Resources Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets86.8K467.7K744.5K324.2K944.0K1.7M
Net Debt(27.2K)(331.5K)(491.9K)(131.2K)(87.1K)(91.4K)
Retained Earnings(13.7M)(14.2M)(16.4M)(17.6M)(17.0M)(16.1M)
Accounts Payable34.4K108.1K291.9K140.9K83.6K87.2K
Cash27.2K331.5K491.9K131.2K87.1K82.7K
Net Receivables56.6K134.7K251.8K157.0K750.7K788.2K
Total Liab254.2K274.4K394.9K244.3K195.5K218.2K
Total Current Assets86.8K467.7K744.5K324.2K944.0K610.5K
Other Current Liab219.8K166.3K103.0K103.5K112.0K130.2K
Other Current Assets3.0K1.6K750.036.1K1.2K1.1K
Common Stock11.9M12.5M14.6M15.3M17.6M10.7M
Net Tangible Assets(167.3K)193.4K349.6K79.9K71.9K68.3K
Net Invested Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Net Working Capital(167.3K)193.4K349.6K79.9K748.4K785.8K
Capital Stock11.9M12.5M14.6M15.3M17.6M14.9M

Gossan Resources Key Income Statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization277.5K582.0K2.3M1.3M611.4K641.9K
Other Operating Expenses277.5K582.0K2.3M1.3M611.4K585.9K
Operating Income(277.5K)(582.0K)(2.3M)(1.3M)(611.4K)(641.9K)
Ebit(277.5K)(582.0K)(2.3M)(1.3M)(1.2M)(1.2M)
Ebitda(377.5K)(682.0K)(2.4M)(1.4M)(611.4K)(641.9K)
Total Operating Expenses277.5K582.0K2.3M1.3M611.4K585.5K
Net Income(177.5K)(482.0K)(2.2M)(1.2M)643.6K675.8K
Income Before Tax(177.5K)(482.0K)(2.2M)(1.2M)643.6K675.8K
Income Tax Expense(100.3K)(100.6K)(102.3K)(101.3K)(611.4K)(580.8K)
Selling General Administrative249.7K347.7K466.9K422.1K373.1K327.4K
Net Income From Continuing Ops(177.5K)(482.0K)(2.2M)(1.2M)643.6K675.8K
Net Income Applicable To Common Shares(177.5K)(482.0K)(2.2M)(1.2M)(1.1M)(1.0M)

Gossan Resources Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(54.7K)304.3K160.5K(360.7K)(44.1K)(41.9K)
Free Cash Flow(66.7K)(298.2K)(2.1M)(1.3M)(544.1K)(571.3K)
Net Income(177.5K)(482.0K)(2.2M)(1.2M)643.6K675.8K
End Period Cash Flow27.2K331.5K491.9K131.2K87.1K82.7K
Other Non Cash Items13K178.5K233.2K(82.2K)(1.2M)(1.2M)
Change To Netincome11.6K12K240.2K116.0K133.5K140.1K

Gossan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gossan Resources's current stock value. Our valuation model uses many indicators to compare Gossan Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gossan Resources competition to find correlations between indicators driving Gossan Resources's intrinsic value. More Info.
Gossan Resources is one of the top stocks in return on equity category among its peers. It is rated # 4 in return on asset category among its peers . At this time, Gossan 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 Gossan Resources' earnings, one of the primary drivers of an investment's value.

Gossan Resources Systematic Risk

Gossan Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gossan 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 Gossan Resources correlated with the market. If Beta is less than 0 Gossan Resources generally moves in the opposite direction as compared to the market. If Gossan Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gossan Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gossan Resources is generally in the same direction as the market. If Beta > 1 Gossan Resources moves generally in the same direction as, but more than the movement of the benchmark.

Gossan Resources Total Assets Over Time

Today, most investors in Gossan Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gossan 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 Gossan Resources growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0193)

At this time, Gossan Resources' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Gossan Resources November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gossan Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gossan Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gossan Resources based on widely used predictive technical indicators. In general, we focus on analyzing Gossan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gossan Resources's daily price indicators and compare them against related drivers.

Additional Tools for Gossan Stock Analysis

When running Gossan Resources' price analysis, check to measure Gossan 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 Gossan Resources is operating at the current time. Most of Gossan Resources' value examination focuses on studying past and present price action to predict the probability of Gossan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossan Resources' price. Additionally, you may evaluate how the addition of Gossan Resources to your portfolios can decrease your overall portfolio volatility.