Goldgroup Mining Stock Probability of Future Pink Sheet Price Finishing Over 0.0957
| GGAZF Stock | USD 0.16 0.01 5.88% |
Goldgroup |
Goldgroup Mining Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Goldgroup Mining for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Goldgroup Mining can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Goldgroup Mining is way too risky over 90 days horizon | |
| Goldgroup Mining has some characteristics of a very speculative penny stock | |
| Goldgroup Mining appears to be risky and price may revert if volatility continues | |
| Goldgroup Mining has accumulated 589 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Goldgroup Mining has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Goldgroup Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldgroup Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldgroup Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldgroup to invest in growth at high rates of return. When we think about Goldgroup Mining's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 18.44 M. Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. |
Goldgroup Mining Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Goldgroup Pink Sheet often depends not only on the future outlook of the current and potential Goldgroup Mining's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Goldgroup Mining's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 211.8 M |
Goldgroup Mining Technical Analysis
Goldgroup Mining's future price can be derived by breaking down and analyzing its technical indicators over time. Goldgroup Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Goldgroup Mining. In general, you should focus on analyzing Goldgroup Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Goldgroup Mining Predictive Forecast Models
Goldgroup Mining's time-series forecasting models is one of many Goldgroup Mining's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Goldgroup Mining's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Goldgroup Mining
Checking the ongoing alerts about Goldgroup Mining for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Goldgroup Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Goldgroup Mining is way too risky over 90 days horizon | |
| Goldgroup Mining has some characteristics of a very speculative penny stock | |
| Goldgroup Mining appears to be risky and price may revert if volatility continues | |
| Goldgroup Mining has accumulated 589 K in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Goldgroup Mining has a current ratio of 0.2, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Goldgroup Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Goldgroup Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Goldgroup Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Goldgroup to invest in growth at high rates of return. When we think about Goldgroup Mining's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 18.44 M. Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 2.19 M. |
Other Information on Investing in Goldgroup Pink Sheet
Goldgroup Mining financial ratios help investors to determine whether Goldgroup Pink Sheet 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 Goldgroup with respect to the benefits of owning Goldgroup Mining security.