Galore Resources Stock Performance
| GRI Stock | CAD 0.01 0.00 0.00% |
Galore Resources holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -4.8, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Galore Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Galore Resources is expected to outperform it. Use Galore Resources total risk alpha, as well as the relationship between the kurtosis and relative strength index , to analyze future returns on Galore Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Galore Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Galore Resources showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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| Begin Period Cash Flow | 2758.00 | |
| Free Cash Flow | -108.4 K |
Galore |
Galore Resources Relative Risk vs. Return Landscape
If you would invest 2.00 in Galore Resources on September 4, 2024 and sell it today you would lose (1.00) from holding Galore Resources or give up 50.0% of portfolio value over 90 days. Galore Resources is currently producing 2.381% returns and takes up 29.0002% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Galore, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Galore Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galore Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Galore Resources, and traders can use it to determine the average amount a Galore Resources' 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 = 0.0821
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Estimated Market Risk
| 29.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.38 actual daily | 47 53% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Galore 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 Galore Resources by adding it to a well-diversified portfolio.
Galore Resources Fundamentals Growth
Galore Stock prices reflect investors' perceptions of the future prospects and financial health of Galore Resources, and Galore Resources 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 Galore Stock performance.
| Return On Equity | -0.32 | ||||
| Return On Asset | -0.0283 | ||||
| Current Valuation | 2.79 M | ||||
| Shares Outstanding | 177.3 M | ||||
| Price To Earning | (15.00) X | ||||
| Price To Book | 0.85 X | ||||
| EBITDA | (660.04 K) | ||||
| Net Income | (856.75 K) | ||||
| Cash And Equivalents | 1.16 K | ||||
| Total Debt | 961.83 K | ||||
| Debt To Equity | 6.60 % | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (41.97 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 11.46 M | ||||
| Retained Earnings | (19.4 M) | ||||
About Galore Resources Performance
Evaluating Galore Resources' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Galore Resources 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 Galore Resources 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.
Galore Resources Inc., together with its subsidiary, Minerales Galore, S.A de C.V., acquires, explores for, and evaluates mineral properties in Canada and Mexico. Galore Resources Inc. was incorporated in 2004 and is headquartered in North Vancouver, Canada. GALORE RESOURCES is traded on TSX Venture Exchange in Canada.Things to note about Galore Resources performance evaluation
Checking the ongoing alerts about Galore Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Galore Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Galore Resources is way too risky over 90 days horizon | |
| Galore Resources has some characteristics of a very speculative penny stock | |
| Galore Resources appears to be risky and price may revert if volatility continues | |
| Galore Resources has high likelihood to experience some financial distress in the next 2 years | |
| Galore Resources has accumulated 961.83 K in total debt with debt to equity ratio (D/E) of 6.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Galore Resources has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Galore Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Galore Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Galore Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galore to invest in growth at high rates of return. When we think about Galore Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (856.75 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Galore Resources has accumulated about 1.16 K in cash with (41.97 K) of positive cash flow from operations. | |
| Roughly 31.0% of Galore Resources shares are held by company insiders |
- Analyzing Galore Resources' 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 Galore Resources' stock is overvalued or undervalued compared to its peers.
- Examining Galore Resources' 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 Galore Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Galore Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Galore Resources' stock. These opinions can provide insight into Galore Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Galore Stock Analysis
When running Galore Resources' price analysis, check to measure Galore 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 Galore Resources is operating at the current time. Most of Galore Resources' value examination focuses on studying past and present price action to predict the probability of Galore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galore Resources' price. Additionally, you may evaluate how the addition of Galore Resources to your portfolios can decrease your overall portfolio volatility.