Pure Gold Mining Performance
The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pure Gold are expected to decrease at a much lower rate. During the bear market, Pure Gold is likely to outperform the market. Pure Gold Mining right now holds a risk of 0.0%. Please check Pure Gold Mining market risk adjusted performance, variance, as well as the relationship between the Variance and skewness , to decide if Pure Gold Mining will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Pure Gold Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Pure Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 44.9 M | |
| Total Cashflows From Investing Activities | -79.6 M |
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Pure Gold Relative Risk vs. Return Landscape
If you would invest (100.00) in Pure Gold Mining on August 30, 2024 and sell it today you would earn a total of 100.00 from holding Pure Gold Mining or generate -100.0% return on investment over 90 days. Pure Gold 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 pink sheets are less volatile than Pure, 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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Pure Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Pure Gold Mining, and traders can use it to determine the average amount a Pure 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 = 0.0
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Based on monthly moving average Pure 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 Pure Gold by adding Pure Gold to a well-diversified portfolio.
Pure Gold Fundamentals Growth
Pure Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Pure Gold, and Pure 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 Pure Pink Sheet performance.
| Return On Equity | -1.29 | |||
| Return On Asset | -0.1 | |||
| Profit Margin | (1.89) % | |||
| Operating Margin | (1.19) % | |||
| Current Valuation | 113.82 M | |||
| Shares Outstanding | 728.93 M | |||
| Price To Earning | (3.08) X | |||
| Price To Book | 0.40 X | |||
| Price To Sales | 0.28 X | |||
| Revenue | 31.99 M | |||
| EBITDA | (25.7 M) | |||
| Cash And Equivalents | 12.86 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 109.02 M | |||
| Debt To Equity | 1.98 % | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (16.8 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 295.5 M | |||
About Pure Gold Performance
By analyzing Pure Gold's fundamental ratios, stakeholders can gain valuable insights into Pure Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Pure 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 Pure Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Pure Gold Mining Inc. engages in the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada. Its principal property is the PureGold Mine project comprises 251 mining leases, mining patents, and unpatented mining claims covering an area of approximately 4,648 hectares located near Red Lake, Ontario. Pure Gold operates under Gold classification in the United States and is traded on OTC Exchange. It employs 350 people.Things to note about Pure Gold Mining performance evaluation
Checking the ongoing alerts about Pure Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Pure Gold Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Pure Gold Mining is not yet fully synchronised with the market data | |
| Pure Gold Mining has some characteristics of a very speculative penny stock | |
| Pure Gold Mining has a very high chance of going through financial distress in the upcoming years | |
| Pure Gold Mining has accumulated 109.02 M in total debt with debt to equity ratio (D/E) of 1.98, which is about average as compared to similar companies. Pure Gold Mining has a current ratio of 0.48, 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 Pure Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Pure Gold's 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 Pure Gold Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pure to invest in growth at high rates of return. When we think about Pure Gold's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 31.99 M. Net Loss for the year was (34.92 M) with loss before overhead, payroll, taxes, and interest of (19.1 M). | |
| Pure Gold Mining has accumulated about 12.86 M in cash with (16.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 28.0% of Pure Gold outstanding shares are owned by corporate insiders |
- Analyzing Pure 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 Pure Gold's stock is overvalued or undervalued compared to its peers.
- Examining Pure 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 Pure Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pure Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Pure Gold's pink sheet. These opinions can provide insight into Pure Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in Pure Pink Sheet
If you are still planning to invest in Pure Gold 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 Pure Gold's history and understand the potential risks before investing.
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