Galantas Gold Corp Stock Analysis

Galantas Stock Analysis Notes

About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.89. Some equities with similar Price to Book (P/B) outperform the market in the long run. Galantas Gold Corp recorded a loss per share of 0.07. The entity last dividend was issued on the 17th of April 2020. The firm had 1:10 split on the 17th of April 2020. Galantas Gold Corporation engages in the acquisition, exploration, and development of gold properties primarily in Omagh, Northern Ireland. Galantas Gold Corporation was founded in 1996 and is based in Toronto, Canada. GALANTAS GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange. It employs 42 people. To learn more about Galantas Gold Corp call the company at 416-848-7744 or check out https://galantas.com.

Galantas Gold Corp Investment Alerts

Galantas Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.61 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Galantas Gold's market, we take the total number of its shares issued and multiply it by Galantas Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Galantas Profitablity

Management Efficiency

Galantas Gold Corp has return on total asset (ROA) of (0.0468) % which means that it has lost $0.0468 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.6069) %, meaning that it generated substantial loss on money invested by shareholders. Galantas Gold's management efficiency ratios could be used to measure how well Galantas Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.28 in 2024. Return On Capital Employed is likely to drop to -0.12 in 2024. At this time, Galantas Gold's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to climb to about 1.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 15 M in 2024.

Technical Drivers

As of the 1st of December, Galantas Gold retains the insignificant Risk Adjusted Performance, market risk adjusted performance of (0.03), and Standard Deviation of 8.35. Galantas Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Galantas Gold Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Galantas Gold is priced fairly, providing market reflects its last-minute price of 0.075 per share.

Galantas Gold Corp Price Movement Analysis

Galantas Gold Outstanding Bonds

Galantas Gold Predictive Daily Indicators

Galantas Gold Forecast Models

Galantas Gold's time-series forecasting models are one of many Galantas Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Galantas Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Galantas Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Galantas shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Galantas Gold. By using and applying Galantas Stock analysis, traders can create a robust methodology for identifying Galantas entry and exit points for their positions.

When running Galantas Gold's price analysis, check to measure Galantas 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 Galantas Gold is operating at the current time. Most of Galantas Gold's value examination focuses on studying past and present price action to predict the probability of Galantas 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 Galantas Gold's price. Additionally, you may evaluate how the addition of Galantas Gold to your portfolios can decrease your overall portfolio volatility.