Golden Goliath Resources Stock One Year Return
| GNG Stock | CAD 0.04 0.01 20.00% |
Golden Goliath Resources fundamentals help investors to digest information that contributes to Golden Goliath's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Goliath's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Golden Goliath stock.
Golden | One Year Return |
Golden Goliath Resources Company One Year Return Analysis
Golden Goliath's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Golden One Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Golden Goliath is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as One Year Return. Since Golden Goliath's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Golden Goliath's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Golden Goliath's interrelated accounts and indicators.
Click cells to compare fundamentals
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Golden Return On Tangible Assets
Return On Tangible Assets |
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Based on the recorded statements, Golden Goliath Resources has an One Year Return of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
Golden One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Goliath's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Goliath could also be used in its relative valuation, which is a method of valuing Golden Goliath by comparing valuation metrics of similar companies.Golden Goliath is currently under evaluation in one year return category among its peers.
Golden Goliath Current Valuation Drivers
We derive many important indicators used in calculating different scores of Golden Goliath from analyzing Golden Goliath's financial statements. These drivers represent accounts that assess Golden Goliath's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Golden Goliath's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 24.8M | 8.4M | 2.9M | 2.4M | 2.8M | 2.6M | |
| Enterprise Value | 22.5M | 8.4M | 2.8M | 2.3M | 2.6M | 2.5M |
Golden Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0734 | ||||
| Current Valuation | 1.27 M | ||||
| Shares Outstanding | 25.45 M | ||||
| Shares Owned By Insiders | 3.06 % | ||||
| Shares Owned By Institutions | 6.60 % | ||||
| Number Of Shares Shorted | 4.94 K | ||||
| Price To Earning | (5.00) X | ||||
| Price To Book | 0.35 X | ||||
| EBITDA | (513.73 K) | ||||
| Net Income | (552.61 K) | ||||
| Cash And Equivalents | 1.75 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 355.87 K | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 18.50 X | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | (281.92 K) | ||||
| Short Ratio | 0.27 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Beta | 1.02 | ||||
| Market Capitalization | 1.27 M | ||||
| Total Asset | 4.16 M | ||||
| Retained Earnings | (30.42 M) | ||||
| Working Capital | 102.91 K | ||||
| Net Asset | 4.16 M |
About Golden Goliath Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Goliath Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Goliath using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Goliath 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.
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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.