Gogold Resources Stock Price on September 10, 2024
| GGD Stock | CAD 1.30 0.03 2.36% |
Below is the normalized historical share price chart for GoGold Resources extending back to February 12, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of GoGold Resources stands at 1.30, as last reported on the 2nd of December, with the highest price reaching 1.31 and the lowest price hitting 1.27 during the day.
If you're considering investing in GoGold Stock, it is important to understand the factors that can impact its price. GoGold Resources appears to be dangerous, given 3 months investment horizon. GoGold Resources holds Efficiency (Sharpe) Ratio of 0.0789, which attests that the entity had a 0.0789% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for GoGold Resources, which you can use to evaluate the volatility of the firm. Please utilize GoGold Resources' Semi Deviation of 3.32, risk adjusted performance of 0.0414, and Market Risk Adjusted Performance of 0.1379 to validate if our risk estimates are consistent with your expectations.
At this time, GoGold Resources' Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, GoGold Resources' Price Book Value Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.04, while Price To Sales Ratio is likely to drop 5.69. GoGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.3591 | 50 Day MA 1.4198 | Beta 1.502 |
GoGold |
Sharpe Ratio = 0.0789
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average GoGold Resources is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GoGold Resources by adding it to a well-diversified portfolio.
Price Book 1.0781 | Enterprise Value Ebitda 62.8271 | Price Sales 13.4767 | Shares Float 303.2 M | Wall Street Target Price 3.4875 |
GoGold Resources Main Headline on 10th of September 2024
Stocks In Play GoGold Resources Inc. - Barchart by news.google.com
Stocks In Play GoGold Resources Inc. Barchart
GoGold Resources Valuation on September 10, 2024
It is possible to determine the worth of GoGold Resources on a given historical date. On September 10, 2024 GoGold was worth 1.05 at the beginning of the trading date compared to the closed value of 1.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GoGold Resources stock. Still, in general, we apply an absolute valuation method to find GoGold Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GoGold Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GoGold Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.05 | 1.09 | 1.05 | 1.07 | 339,864 | |
09/10/2024 | 1.05 | 1.09 | 1.04 | 1.07 | 300,670 |
| 1.05 | 1.13 | 1.04 | 1.13 | 206,645 |
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GoGold Resources Trading Date Momentum on September 10, 2024
| On September 11 2024 GoGold Resources was traded for 1.13 at the closing time. The maximum traded price for the trading interval was 1.13 and the lowest daily price was 1.04 . The daily volume was recorded at 206.6 K. The volume of trading on 11th of September 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 5.61% . The overall trading delta to the closing price today is 16.82% . |
GoGold Resources Fundamentals Correlations and Trends
By evaluating GoGold Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GoGold Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GoGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GoGold Resources Stock history
GoGold Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GoGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GoGold Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GoGold Resources stock prices may prove useful in developing a viable investing in GoGold Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 362.6 M | 380.7 M | |
| Net Income Applicable To Common Shares | 795.8 K | 835.6 K |
GoGold Resources Quarterly Net Working Capital |
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GoGold Resources Stock Technical Analysis
GoGold Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
GoGold Resources Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
GoGold Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
GoGold Resources December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how GoGold Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GoGold Resources shares will generate the highest return on investment. By undertsting and applying GoGold Resources stock market strength indicators, traders can identify GoGold Resources entry and exit signals to maximize returns
GoGold Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GoGold Resources' price direction in advance. Along with the technical and fundamental analysis of GoGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GoGold to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0414 | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.1279 |
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Other Information on Investing in GoGold Stock
GoGold Resources financial ratios help investors to determine whether GoGold Stock 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 GoGold with respect to the benefits of owning GoGold Resources security.