Golden Goliath Resources Stock Price on December 15, 2023
| GNG Stock | CAD 0.03 0.01 25.00% |
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 0.03, as last reported on the 11th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day.
If you're considering investing in Golden Stock, it is important to understand the factors that can impact its price. At this stage we consider Golden Stock to be out of control. Golden Goliath Resources holds Efficiency (Sharpe) Ratio of 0.012, which attests that the entity had a 0.012% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Golden Goliath Resources, which you can use to evaluate the volatility of the firm. Please check out Golden Goliath's Downside Deviation of 25.21, market risk adjusted performance of (0.46), and Risk Adjusted Performance of 0.049 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
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.
200 Day MA 0.0465 | 50 Day MA 0.0446 | Beta 1.02 |
Golden |
Sharpe Ratio = 0.012
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | GNG |
| Negative Returns |
Estimated Market Risk
| 11.02 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Golden Goliath is not performing at its full potential. However, 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 Golden Goliath to a well-diversified portfolio.
Price Book 0.2796 | Book Value 0.143 | Enterprise Value 1 M | Enterprise Value Ebitda (4.11) | Shares Float 24.7 M |
Related Headline
Klondike Gold Headline on 15th of December 2023
Klondike Gold Announces AGM Results - Junior Mining Network by news.google.com
Klondike Gold Announces AGM Results Junior Mining Network
Golden Goliath Valuation on December 15, 2023
It is possible to determine the worth of Golden Goliath on a given historical date. On December 15, 2023 Golden was worth 0.09 at the beginning of the trading date compared to the closed value of 0.09. 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 | |
| 0.08 | 0.09 | 0.08 | 0.09 | 131,800 | |
12/15/2023 | 0.09 | 0.09 | 0.09 | 0.09 | 11,900 |
| 0.10 | 0.10 | 0.10 | 0.10 | 15,300 |
| Backtest Golden Goliath | | | Golden Goliath History | | | Golden Goliath Valuation | Previous | Next |
Golden Goliath Trading Date Momentum on December 15, 2023
| On December 18 2023 Golden Goliath Resources was traded for 0.10 at the closing time. The highest daily price throughout the period was 0.10 and the lowest price was 0.10 . The daily volume was 15.3 K. The net trading volume on 12/18/2023 added to the next day price increase. The overall trading delta to closing price of the next trading day was 11.11% . 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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.1 M | 12.8 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.
Price Boundaries
Golden Goliath Period Price Range
Low | December 11, 2024
| 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 December 11, 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.
| Risk Adjusted Performance | 0.049 | |||
| Jensen Alpha | 0.7741 | |||
| Total Risk Alpha | (1.20) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | (0.47) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.