Gogold Resources Stock Net Income
| GGD Stock | CAD 3.19 0.52 14.02% |
As of the 1st of February, GoGold Resources retains the Market Risk Adjusted Performance of (8.21), semi deviation of 3.55, and Risk Adjusted Performance of 0.0835. GoGold Resources technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
GoGold Resources' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing GoGold Resources' valuation are provided below:GoGold Resources does not currently have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. GoGold |
GoGold Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to GoGold Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of GoGold Resources.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in GoGold Resources on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding GoGold Resources or generate 0.0% return on investment in GoGold Resources over 90 days. GoGold Resources is related to or competes with Avino Silver, Metalla Royalty, Integra Resources, AbraSilver Resource, Orezone Gold, Sigma Lithium, and Galiano Gold. GoGold Resources Inc. engages in the exploration, development, and production of mineral properties in Mexico More
GoGold Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure GoGold Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess GoGold Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.46 | |||
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 34.69 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 7.22 |
GoGold Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GoGold Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GoGold Resources' standard deviation. In reality, there are many statistical measures that can use GoGold Resources historical prices to predict the future GoGold Resources' volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 0.4796 | |||
| Total Risk Alpha | 0.2504 | |||
| Sortino Ratio | 0.0993 | |||
| Treynor Ratio | (8.22) |
GoGold Resources February 1, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0835 | |||
| Market Risk Adjusted Performance | (8.21) | |||
| Mean Deviation | 3.1 | |||
| Semi Deviation | 3.55 | |||
| Downside Deviation | 4.46 | |||
| Coefficient Of Variation | 964.04 | |||
| Standard Deviation | 4.7 | |||
| Variance | 22.09 | |||
| Information Ratio | 0.0942 | |||
| Jensen Alpha | 0.4796 | |||
| Total Risk Alpha | 0.2504 | |||
| Sortino Ratio | 0.0993 | |||
| Treynor Ratio | (8.22) | |||
| Maximum Drawdown | 34.69 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 7.22 | |||
| Downside Variance | 19.88 | |||
| Semi Variance | 12.6 | |||
| Expected Short fall | (3.72) | |||
| Skewness | 0.8307 | |||
| Kurtosis | 5.56 |
GoGold Resources Backtested Returns
GoGold Resources appears to be very risky, given 3 months investment horizon. GoGold Resources holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of return volatility over the last 3 months. We have found thirty technical indicators for GoGold Resources, which you can use to evaluate the volatility of the firm. Please utilize GoGold Resources' Market Risk Adjusted Performance of (8.21), semi deviation of 3.55, and Risk Adjusted Performance of 0.0835 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GoGold Resources holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.0581, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GoGold Resources are expected to decrease at a much lower rate. During the bear market, GoGold Resources is likely to outperform the market. Please check GoGold Resources' value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether GoGold Resources' current trending patterns will revert.
Auto-correlation | 0.36 |
Below average predictability
GoGold Resources has below average predictability. Overlapping area represents the amount of predictability between GoGold Resources time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of GoGold Resources price movement. The serial correlation of 0.36 indicates that just about 36.0% of current GoGold Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, GoGold Resources reported net income of 17.33 M. This is 244.01% lower than that of the Metals & Mining sector and 98.61% lower than that of the Materials industry. The net income for all Canada stocks is 96.96% higher than that of the company.
GoGold Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoGold Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoGold Resources could also be used in its relative valuation, which is a method of valuing GoGold Resources by comparing valuation metrics of similar companies.GoGold Resources is currently under evaluation in net income category among its peers.
GoGold Fundamentals
| Return On Equity | 0.0538 | |||
| Return On Asset | 0.0305 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.29 % | |||
| Current Valuation | 1.42 B | |||
| Shares Outstanding | 432.84 M | |||
| Shares Owned By Insiders | 4.56 % | |||
| Shares Owned By Institutions | 22.90 % | |||
| Number Of Shares Shorted | 5.51 M | |||
| Price To Earning | 1.34 X | |||
| Price To Book | 3.28 X | |||
| Price To Sales | 19.04 X | |||
| Revenue | 101.38 M | |||
| Gross Profit | 33.15 M | |||
| EBITDA | 40.41 M | |||
| Net Income | 17.33 M | |||
| Cash And Equivalents | 8.99 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 1.21 M | |||
| Debt To Equity | 51.30 % | |||
| Current Ratio | 5.16 X | |||
| Book Value Per Share | 1.29 X | |||
| Cash Flow From Operations | 35.87 M | |||
| Short Ratio | 2.13 X | |||
| Earnings Per Share | 0.07 X | |||
| Target Price | 5.0 | |||
| Number Of Employees | 205 | |||
| Beta | 1.36 | |||
| Market Capitalization | 1.38 B | |||
| Total Asset | 397.69 M | |||
| Retained Earnings | (15.48 M) | |||
| Working Capital | 149.68 M | |||
| Net Asset | 397.69 M |
About GoGold Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GoGold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoGold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoGold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with GoGold Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GoGold Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GoGold Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with GoGold Stock
| 0.89 | AG | First Majestic Silver | PairCorr |
| 0.93 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | ORE | Orezone Gold Corp | PairCorr |
| 0.67 | FDR | Flinders Resources | PairCorr |
| 0.91 | FDY | Faraday Copper Corp | PairCorr |
Moving against GoGold Stock
The ability to find closely correlated positions to GoGold Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoGold Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GoGold Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GoGold Resources to buy it.
The correlation of GoGold Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GoGold Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoGold Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GoGold Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.