Cassiar Gold Corp Stock Performance
| GLDC Stock | CAD 0.22 0.01 4.76% |
The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cassiar Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cassiar Gold is expected to be smaller as well. At this point, Cassiar Gold Corp has a negative expected return of -0.43%. Please make sure to confirm Cassiar Gold's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Cassiar Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cassiar Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's fundamental indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:5 | Dividend Date 2020-09-25 | Last Split Date 2020-09-25 |
1 | Cassiar Gold Provides Update on Private Placement - Yahoo Finance | 09/09/2024 |
2 | Gold Prices May Rise Further, But Huge Gains Could Come From This Area - NAI 500 | 11/20/2024 |
| Begin Period Cash Flow | 8.6 M |
Cassiar |
Cassiar Gold Relative Risk vs. Return Landscape
If you would invest 30.00 in Cassiar Gold Corp on August 25, 2024 and sell it today you would lose (8.00) from holding Cassiar Gold Corp or give up 26.67% of portfolio value over 90 days. Cassiar Gold Corp is producing return of less than zero assuming 3.3212% volatility of returns over the 90 days investment horizon. Simply put, 29% of all stocks have less volatile historical return distribution than Cassiar Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Cassiar Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cassiar Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cassiar Gold Corp, and traders can use it to determine the average amount a Cassiar Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.129
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Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cassiar Gold 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 Cassiar Gold by adding Cassiar Gold to a well-diversified portfolio.
Cassiar Gold Fundamentals Growth
Cassiar Stock prices reflect investors' perceptions of the future prospects and financial health of Cassiar Gold, and Cassiar Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cassiar Stock performance.
| Return On Equity | -0.03 | ||||
| Return On Asset | -0.0333 | ||||
| Current Valuation | 19.6 M | ||||
| Shares Outstanding | 127.21 M | ||||
| Price To Book | 0.57 X | ||||
| Gross Profit | (20.21 K) | ||||
| EBITDA | (2.52 M) | ||||
| Net Income | (1.74 M) | ||||
| Cash And Equivalents | 3.83 M | ||||
| Cash Per Share | 0.07 X | ||||
| Total Debt | 63.11 K | ||||
| Current Ratio | 4.67 X | ||||
| Book Value Per Share | 0.38 X | ||||
| Cash Flow From Operations | (3.27 M) | ||||
| Earnings Per Share | (0.04) X | ||||
| Market Capitalization | 27.35 M | ||||
| Total Asset | 46.3 M | ||||
| Retained Earnings | (29.89 M) | ||||
| Working Capital | 6.53 M | ||||
About Cassiar Gold Performance
Evaluating Cassiar Gold's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Cassiar Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cassiar Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 69.66 | 66.18 | |
| Return On Tangible Assets | (0.03) | (0.04) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.03) | (0.04) | |
| Return On Equity | (0.04) | (0.04) |
Things to note about Cassiar Gold Corp performance evaluation
Checking the ongoing alerts about Cassiar Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cassiar Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cassiar Gold Corp generated a negative expected return over the last 90 days | |
| Cassiar Gold Corp has some characteristics of a very speculative penny stock | |
| Cassiar Gold Corp has high historical volatility and very poor performance | |
| Cassiar Gold Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.74 M) with loss before overhead, payroll, taxes, and interest of (20.21 K). | |
| Cassiar Gold Corp has accumulated about 3.83 M in cash with (3.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Latest headline from news.google.com: Gold Prices May Rise Further, But Huge Gains Could Come From This Area - NAI 500 |
- Analyzing Cassiar Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cassiar Gold's stock is overvalued or undervalued compared to its peers.
- Examining Cassiar Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cassiar Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cassiar Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cassiar Gold's stock. These opinions can provide insight into Cassiar Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Cassiar Stock Analysis
When running Cassiar Gold's price analysis, check to measure Cassiar Gold'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 Cassiar Gold is operating at the current time. Most of Cassiar Gold's value examination focuses on studying past and present price action to predict the probability of Cassiar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cassiar Gold's price. Additionally, you may evaluate how the addition of Cassiar Gold to your portfolios can decrease your overall portfolio volatility.