Gogold Resources Stock Analysis
| GLGDF Stock | USD 2.30 0.11 5.02% |
GoGold Resources holds a debt-to-equity ratio of 0.004. GoGold Resources' financial risk is the risk to GoGold Resources stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
GoGold Resources' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. GoGold Resources' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps GoGold OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect GoGold Resources' stakeholders.
For many companies, including GoGold Resources, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for GoGold Resources, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, GoGold Resources' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that GoGold Resources' debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which GoGold Resources is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of GoGold Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, GoGold Resources is said to be less leveraged. If creditors hold a majority of GoGold Resources' assets, the OTC Stock is said to be highly leveraged.
GoGold Resources is overvalued with Real Value of 1.9 and Hype Value of 2.3. The main objective of GoGold Resources otc analysis is to determine its intrinsic value, which is an estimate of what GoGold Resources is worth, separate from its market price. There are two main types of GoGold Resources' stock analysis: fundamental analysis and technical analysis.
The GoGold Resources otc stock is traded in the USA on OTCQX Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and GoGold Resources' ongoing operational relationships across important fundamental and technical indicators.
GoGold |
GoGold OTC Stock Analysis Notes
About 23.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. GoGold Resources had not issued any dividends in recent years. 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.The quote for GoGold Resources is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about GoGold Resources call Bradley Langille at 902-482-1998 or check out https://gogoldresources.com.GoGold Resources Investment Alerts
| GoGold Resources had very high historical volatility over the last 90 days | |
| GoGold Resources has high likelihood to experience some financial distress in the next 2 years | |
| GoGold Resources has accumulated about 73.78 M in cash with (976 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25. |
GoGold Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 504.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GoGold Resources's market, we take the total number of its shares issued and multiply it by GoGold Resources'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.GoGold Profitablity
GoGold Resources' profitability indicators refer to fundamental financial ratios that showcase GoGold Resources' ability to generate income relative to its revenue or operating costs. If, let's say, GoGold Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, GoGold Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of GoGold Resources' profitability requires more research than a typical breakdown of GoGold Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.09. Technical Drivers
As of the 8th of February, GoGold Resources retains the Market Risk Adjusted Performance of 0.2889, semi deviation of 4.15, and Risk Adjusted Performance of 0.0904. GoGold Resources 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for GoGold Resources, which can be compared to its competitors. Please check out GoGold Resources standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if GoGold Resources is priced adequately, providing market reflects its last-minute price of 2.3 per share. Please also validate GoGold Resources total risk alpha, which is currently at 0.0045 to confirm the company can sustain itself next year.GoGold Resources Price Movement Analysis
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GoGold Resources Outstanding Bonds
GoGold Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. GoGold Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most GoGold bonds can be classified according to their maturity, which is the date when GoGold Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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GoGold Resources Predictive Daily Indicators
GoGold Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GoGold Resources otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
GoGold Resources Forecast Models
GoGold Resources' time-series forecasting models are one of many GoGold Resources' otc 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 GoGold Resources' 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.GoGold Resources Debt to Cash Allocation
Many companies such as GoGold Resources, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
GoGold Resources has accumulated 1.11 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. GoGold Resources has a current ratio of 9.21, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist GoGold Resources until it has trouble settling it off, either with new capital or with free cash flow. So, GoGold Resources' 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 GoGold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GoGold to invest in growth at high rates of return. When we think about GoGold Resources' use of debt, we should always consider it together with cash and equity.GoGold Resources Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the GoGold Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of GoGold Resources, which in turn will lower the firm's financial flexibility.GoGold Resources Corporate Bonds Issued
Most GoGold bonds can be classified according to their maturity, which is the date when GoGold Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
About GoGold OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how GoGold Resources 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 GoGold shares will generate the highest return on investment. We also built our otc 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 OTC such as GoGold Resources. By using and applying GoGold OTC Stock analysis, traders can create a robust methodology for identifying GoGold entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding GoGold Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running GoGold Resources' price analysis, check to measure GoGold Resources' 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 GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
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