HighGold Mining Performance
| HGGOFDelisted Stock | USD 0.43 0.03 7.50% |
The company retains a Market Volatility (i.e., Beta) of -0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning HighGold Mining are expected to decrease at a much lower rate. During the bear market, HighGold Mining is likely to outperform the market. HighGold Mining right now retains a risk of 0.0%. Please check out HighGold Mining treynor ratio and the relationship between the skewness and price action indicator , to decide if HighGold Mining will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days HighGold Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, HighGold Mining is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 17.9 M |
HighGold |
HighGold Mining Relative Risk vs. Return Landscape
If you would invest 0.00 in HighGold Mining on August 30, 2024 and sell it today you would earn a total of 0.00 from holding HighGold Mining or generate 0.0% return on investment over 90 days. HighGold Mining is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than HighGold, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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HighGold Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HighGold Mining's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as HighGold Mining, and traders can use it to determine the average amount a HighGold Mining'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 = 0.0
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Based on monthly moving average HighGold Mining 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 HighGold Mining by adding HighGold Mining to a well-diversified portfolio.
HighGold Mining Fundamentals Growth
HighGold OTC Stock prices reflect investors' perceptions of the future prospects and financial health of HighGold Mining, and HighGold Mining 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 HighGold OTC Stock performance.
| Return On Equity | -0.0382 | |||
| Return On Asset | -0.0265 | |||
| Current Valuation | 24.89 M | |||
| Shares Outstanding | 73.32 M | |||
| Price To Book | 0.77 X | |||
| EBITDA | (2.2 M) | |||
| Cash And Equivalents | 17.68 M | |||
| Cash Per Share | 0.24 X | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.83 X | |||
| Cash Flow From Operations | (2.07 M) | |||
| Earnings Per Share | (0.03) X | |||
| Total Asset | 61.73 M | |||
About HighGold Mining Performance
By analyzing HighGold Mining's fundamental ratios, stakeholders can gain valuable insights into HighGold Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HighGold Mining 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 HighGold Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HighGold Mining Inc., an exploration company, engages in the exploration and development of gold projects in North America. HighGold Mining Inc. was incorporated in 2019 and is headquartered in Vancouver, Canada. Highgold Mining is traded on OTC Exchange in the United States.Things to note about HighGold Mining performance evaluation
Checking the ongoing alerts about HighGold Mining for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for HighGold Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| HighGold Mining is not yet fully synchronised with the market data | |
| HighGold Mining has some characteristics of a very speculative penny stock | |
| HighGold Mining has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (2.02 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| HighGold Mining has accumulated about 17.68 M in cash with (2.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24. |
- Analyzing HighGold Mining'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 HighGold Mining's stock is overvalued or undervalued compared to its peers.
- Examining HighGold Mining'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 HighGold Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HighGold Mining's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of HighGold Mining's otc stock. These opinions can provide insight into HighGold Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in HighGold OTC Stock
If you are still planning to invest in HighGold Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the HighGold Mining's history and understand the potential risks before investing.
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