P2 Gold Stock Performance
| PGLDF Stock | USD 0.05 0.01 16.10% |
The firm owns a Beta (Systematic Risk) of -1.62, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning P2 Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, P2 Gold is expected to outperform it. At this point, P2 Gold has a negative expected return of -0.0275%. Please make sure to check P2 Gold's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if P2 Gold performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days P2 Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, P2 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 | 1.6 M | |
| Total Cashflows From Investing Activities | -223 K |
PGLDF |
P2 Gold Relative Risk vs. Return Landscape
If you would invest 5.70 in P2 Gold on November 2, 2024 and sell it today you would lose (0.94) from holding P2 Gold or give up 16.49% of portfolio value over 90 days. P2 Gold is currently producing negative expected returns and takes up 7.4725% volatility of returns over 90 trading days. Put another way, 66% of traded otc stocks are less volatile than PGLDF, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
P2 Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for P2 Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as P2 Gold, and traders can use it to determine the average amount a P2 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 = -0.0037
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PGLDF |
Estimated Market Risk
| 7.47 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average P2 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 P2 Gold by adding P2 Gold to a well-diversified portfolio.
P2 Gold Fundamentals Growth
PGLDF OTC Stock prices reflect investors' perceptions of the future prospects and financial health of P2 Gold, and P2 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 PGLDF OTC Stock performance.
| Return On Asset | -2.36 | |||
| Current Valuation | 13.5 M | |||
| Shares Outstanding | 88.74 M | |||
| Price To Book | 21.96 X | |||
| EBITDA | (27.23 M) | |||
| Cash And Equivalents | 7.94 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 193.72 K | |||
| Book Value Per Share | (0.13) X | |||
| Cash Flow From Operations | (7.61 M) | |||
| Total Asset | 8.45 M | |||
About P2 Gold Performance
By analyzing P2 Gold's fundamental ratios, stakeholders can gain valuable insights into P2 Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if P2 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 P2 Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
P2 Gold Inc., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. P2 Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada. P2 Gold operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about P2 Gold performance evaluation
Checking the ongoing alerts about P2 Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for P2 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| P2 Gold generated a negative expected return over the last 90 days | |
| P2 Gold has high historical volatility and very poor performance | |
| P2 Gold has some characteristics of a very speculative penny stock | |
| P2 Gold has accumulated 193.72 K in total debt. P2 Gold has a current ratio of 0.64, 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 P2 Gold until it has trouble settling it off, either with new capital or with free cash flow. So, P2 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 P2 Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PGLDF to invest in growth at high rates of return. When we think about P2 Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (27.39 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| P2 Gold has accumulated about 7.94 M in cash with (7.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing P2 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 P2 Gold's stock is overvalued or undervalued compared to its peers.
- Examining P2 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 P2 Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of P2 Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of P2 Gold's otc stock. These opinions can provide insight into P2 Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for PGLDF OTC Stock analysis
When running P2 Gold's price analysis, check to measure P2 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 P2 Gold is operating at the current time. Most of P2 Gold's value examination focuses on studying past and present price action to predict the probability of P2 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 P2 Gold's price. Additionally, you may evaluate how the addition of P2 Gold to your portfolios can decrease your overall portfolio volatility.
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