Gossan Resources Stock Price on October 16, 2023

GSS Stock  CAD 0.02  0.00  0.00%   
Below is the normalized historical share price chart for Gossan Resources extending back to August 12, 1996. 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 Gossan Resources stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
200 Day MA
0.0356
50 Day MA
0.0244
Beta
1.562
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Gossan Stock, it is important to understand the factors that can impact its price. Gossan Resources is out of control given 3 months investment horizon. Gossan Resources holds Efficiency (Sharpe) Ratio of 0.0777, which attests that the entity had a 0.0777% return per unit of risk over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.32% are justified by taking the suggested risk. Use Gossan Resources Downside Deviation of 36.51, market risk adjusted performance of 1.74, and Risk Adjusted Performance of 0.0415 to evaluate company specific risk that cannot be diversified away.
  
At this time, Gossan Resources' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 1.7 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 2.3 M in 2024. . At this time, Gossan Resources' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 3.27 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.02). Gossan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0777

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Estimated Market Risk

 17.01
  actual daily
96
96% of assets are less volatile

Expected Return

 1.32
  actual daily
26
74% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Gossan 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 Gossan Resources by adding it to a well-diversified portfolio.
Price Book
1.822
Book Value
0.011
Enterprise Value
750.4 K
Enterprise Value Ebitda
(1.00)
Shares Float
65 M

Gossan Resources Valuation on October 16, 2023

It is possible to determine the worth of Gossan Resources on a given historical date. On October 16, 2023 Gossan was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gossan Resources stock. Still, in general, we apply an absolute valuation method to find Gossan 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 Gossan Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gossan Resources' related companies.
 Open High Low Close Volume
  0.04    0.04    0.04    0.04    1.00  
10/16/2023
  0.04    0.04    0.04    0.04    1.00  
  0.04    0.04    0.04    0.04    1.00  
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Open Value
0.04
0.0004
Downside
0.04
Closing Value
51.08
Upside

Gossan Resources Trading Date Momentum on October 16, 2023

On October 17 2023 Gossan Resources was traded for  0.04  at the closing time. The highest daily price throughout the period was 0.04  and the lowest price was  0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2023 did not cause price change. The overall trading delta to current closing price is 25.00% .

Gossan Resources Fundamentals Correlations and Trends

By evaluating Gossan 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 Gossan Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gossan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Gossan Resources Stock history

Gossan 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 Gossan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gossan 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 Gossan Resources stock prices may prove useful in developing a viable investing in Gossan Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding66.8 M70.1 M
Net Loss-1.1 M-1 M

Gossan Resources Stock Technical Analysis

Gossan 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.
A focus of Gossan Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gossan Resources 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

Gossan Resources Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gossan 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.

Gossan Resources December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Gossan 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 Gossan Resources shares will generate the highest return on investment. By undertsting and applying Gossan Resources stock market strength indicators, traders can identify Gossan Resources entry and exit signals to maximize returns

Gossan Resources Technical and Predictive Indicators

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