GoGold Resources Return On Equity vs. Current Valuation
| GLGDF Stock | USD 0.85 0.01 1.19% |
For GoGold Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GoGold Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GoGold Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GoGold Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GoGold Resources over time as well as its relative position and ranking within its peers.
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GoGold Resources Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GoGold Resources's current stock value. Our valuation model uses many indicators to compare GoGold Resources value to that of its competitors to determine the firm's financial worth. GoGold Resources is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 111,198,199,355 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GoGold Resources' earnings, one of the primary drivers of an investment's value.GoGold Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0031 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
GoGold Resources |
| = | 344.71 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
GoGold Current Valuation vs Competition
GoGold Resources is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 890.4 Million. GoGold Resources totals roughly 344.71 Million in current valuation claiming about 39% of all equities under Materials industry.
GoGold Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GoGold Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GoGold Resources will eventually generate negative long term returns. The profitability progress is the general direction of GoGold Resources' change in net profit over the period of time. It can combine multiple indicators of GoGold Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
GoGold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GoGold Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GoGold Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GoGold Resources' important profitability drivers and their relationship over time.
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Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
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Other Information on Investing in GoGold OTC Stock
To fully project GoGold Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GoGold Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include GoGold Resources' income statement, its balance sheet, and the statement of cash flows.