Golden Goliath Resources Stock Price on July 8, 2024

GNG Stock  CAD 0.04  0.01  20.00%   
Below is the normalized historical share price chart for Golden Goliath Resources extending back to October 16, 2000. 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 Golden Goliath stands at 0.04, as last reported on the 30th of November, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day.
200 Day MA
0.0469
50 Day MA
0.0448
Beta
1.02
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. Golden Goliath is out of control given 3 months investment horizon. Golden Goliath Resources holds Efficiency (Sharpe) Ratio of 0.0934, which attests that the entity had a 0.0934% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Golden Goliath Resources Market Risk Adjusted Performance of (2.34), downside deviation of 25.21, and Risk Adjusted Performance of 0.0806 to evaluate company specific risk that cannot be diversified away.
  
At this time, Golden Goliath's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 4.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 12.8 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.45 in 2024, whereas Price Earnings Ratio is likely to drop (5.25) in 2024. Golden Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0934

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Estimated Market Risk

 11.32
  actual daily
96
96% of assets are less volatile

Expected Return

 1.06
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Golden Goliath is performing at about 7% 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 Golden Goliath by adding it to a well-diversified portfolio.
Price Book
0.2796
Book Value
0.143
Enterprise Value
M
Enterprise Value Ebitda
(4.11)
Shares Float
24.7 M

Golden Goliath Valuation on July 8, 2024

It is possible to determine the worth of Golden Goliath on a given historical date. On July 8, 2024 Golden was worth 0.05 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Golden Goliath stock. Still, in general, we apply an absolute valuation method to find Golden Goliath's 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 Golden Goliath where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Golden Goliath's related companies.
 Open High Low Close Volume
  0.05    0.05    0.05    0.05    1.00  
07/08/2024
  0.05    0.05    0.05    0.05    1.00  
  0.05    0.05    0.05    0.05    12,000  
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Open Value
0.05
0.0005
Downside
0.05
Closing Value
34.02
Upside

Golden Goliath Trading Date Momentum on July 8, 2024

On July 09 2024 Golden Goliath Resources was traded for  0.05  at the closing time. The highest daily price throughout the period was 0.05  and the lowest price was  0.05 . The daily volume was 12 K. The net trading volume on 07/09/2024 did not cause price change. The overall trading delta to current closing price is 0.00% .

Golden Goliath Resources Fundamentals Correlations and Trends

By evaluating Golden Goliath's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Golden Goliath's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Golden financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Golden Goliath Stock history

Golden Goliath 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 Golden is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Golden Goliath 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 Golden Goliath stock prices may prove useful in developing a viable investing in Golden Goliath
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.1 M12.8 M
Net Loss-686.1 K-720.4 K

Golden Goliath Stock Technical Analysis

Golden Goliath 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.
A focus of Golden Goliath technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Golden Goliath trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Golden Goliath Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Golden Goliath Resources cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Golden Goliath November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Golden Goliath stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Golden Goliath shares will generate the highest return on investment. By undertsting and applying Golden Goliath stock market strength indicators, traders can identify Golden Goliath Resources entry and exit signals to maximize returns

Golden Goliath Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Golden Goliath's price direction in advance. Along with the technical and fundamental analysis of Golden Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Golden 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.

Additional Tools for Golden Stock Analysis

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