Xtra Gold Resources Corp Stock Price on November 13, 2024

XTG Stock  CAD 1.81  0.02  1.12%   
Below is the normalized historical share price chart for Xtra Gold Resources Corp extending back to November 23, 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 Xtra Gold stands at 1.81, as last reported on the 2nd of December, with the highest price reaching 1.82 and the lowest price hitting 1.79 during the day.
200 Day MA
1.331
50 Day MA
1.5848
Beta
0.559
 
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If you're considering investing in Xtra Stock, it is important to understand the factors that can impact its price. Xtra Gold appears to be very risky, given 3 months investment horizon. Xtra Gold Resources shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Xtra Gold's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Xtra Gold's Downside Deviation of 3.14, market risk adjusted performance of 1.14, and Mean Deviation of 1.91 to validate if our risk estimates are consistent with your expectations.
  
At this time, Xtra Gold's Common Stock Shares Outstanding is very stable compared to the past year. As of the 2nd of December 2024, Capital Stock is likely to grow to about 51 K, while Total Stockholder Equity is likely to drop about 7.3 M. . At this time, Xtra Gold's 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 1.84, though Price Earnings Ratio is likely to grow to (210.12). Xtra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1886

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Estimated Market Risk

 2.68
  actual daily
23
77% of assets are more volatile

Expected Return

 0.51
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Xtra Gold is performing at about 14% 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 Xtra Gold by adding it to a well-diversified portfolio.
Price Book
4.5712
Book Value
0.28
Enterprise Value
63.6 M
Enterprise Value Ebitda
(20.39)
Shares Float
34.8 M

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Xtra Gold Valuation on November 13, 2024

It is possible to determine the worth of Xtra Gold on a given historical date. On November 13, 2024 Xtra was worth 1.58 at the beginning of the trading date compared to the closed value of 1.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtra Gold stock. Still, in general, we apply an absolute valuation method to find Xtra Gold'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 Xtra Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtra Gold's related companies.
 Open High Low Close Volume
  1.54    1.60    1.54    1.60    13,000  
11/13/2024
  1.58    1.59    1.53    1.55    7,401  
  1.54    1.60    1.53    1.60    42,600  
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Open Value
1.58
1.55
Closing Value
9.63
Upside

Xtra Gold Trading Date Momentum on November 13, 2024

On November 14 2024 Xtra Gold Resources Corp was traded for  1.60  at the closing time. The maximum traded price for the trading interval was 1.60  and the lowest daily price was  1.53 . The daily volume was recorded at 42.6 K. The volume of trading on 14th of November 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 3.23% . The trading price change to the closing price today is 11.61% .

Xtra Gold Resources Fundamentals Correlations and Trends

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

About Xtra Gold Stock history

Xtra Gold 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 Xtra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xtra Gold 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 Xtra Gold stock prices may prove useful in developing a viable investing in Xtra Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.4 M47 M
Net Income Applicable To Common Shares726.5 K688.8 K

Xtra Gold Quarterly Net Working Capital

11.78 Million

Xtra Gold Stock Technical Analysis

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

Xtra Gold Period Price Range

Low
December 2, 2024
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High

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Xtra Gold Resources Corp 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.

Xtra Gold December 2, 2024 Market Strength

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

Xtra Gold Technical and Predictive Indicators

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

Other Information on Investing in Xtra Stock

Xtra Gold financial ratios help investors to determine whether Xtra 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 Xtra with respect to the benefits of owning Xtra Gold security.