Go Metals Corp Stock Analysis
| GOCOF Stock | USD 0.03 0.02 40.00% |
Go Metals Corp holds a debt-to-equity ratio of 0.026. Go Metals' financial risk is the risk to Go Metals stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Go Metals' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Go Metals' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps GOCOF Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Go Metals' stakeholders.
For many companies, including Go Metals, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Go Metals Corp, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Go Metals' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Go Metals' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Go Metals 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 Go Metals to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Go Metals is said to be less leveraged. If creditors hold a majority of Go Metals' assets, the Company is said to be highly leveraged.
Go Metals Corp is fairly valued with Real Value of 0.0305 and Hype Value of 0.03. The main objective of Go Metals pink sheet analysis is to determine its intrinsic value, which is an estimate of what Go Metals Corp is worth, separate from its market price. There are two main types of Go Metals' stock analysis: fundamental analysis and technical analysis.
The Go Metals pink sheet is traded in the USA on PINK 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 Go Metals' ongoing operational relationships across important fundamental and technical indicators.
GOCOF |
GOCOF Pink Sheet Analysis Notes
The book value of the company was currently reported as 0.05. The company had not issued any dividends in recent years. Go Metals Corp had 1:15 split on the 11th of June 2021. Go Metals Corp., an exploration stage company, acquires, explores, and develops mineral resource properties in Canada. Go Metals Corp. was incorporated in 2012 and is based in Vancouver, Canada. GO METALS operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Go Metals Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Go Metals Corp call Scott BA at 604 687 2038 or check out https://www.gometals.ca.Go Metals Corp Investment Alerts
| Go Metals Corp is way too risky over 90 days horizon | |
| Go Metals Corp has some characteristics of a very speculative penny stock | |
| Go Metals Corp appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (642.16 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Go Metals Corp has accumulated about 1.43 M in cash with (771.49 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
GOCOF Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Go Metals's market, we take the total number of its shares issued and multiply it by Go Metals'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.Technical Drivers
As of the 5th of February, Go Metals owns the Coefficient Of Variation of 641.95, information ratio of 0.1537, and Market Risk Adjusted Performance of 0.7241. Go Metals Corp technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Go Metals Corp standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Go Metals Corp is priced adequately, providing market reflects its prevailing price of 0.03 per share. As Go Metals Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.Go Metals Corp Price Movement Analysis
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Moving Average is predictive technique used to analyze Go Metals Corp price data points by creating a series of averages of different subsets of Go Metals entire price series.
Go Metals Predictive Daily Indicators
Go Metals 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 Go Metals pink sheet 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.
| Rate Of Daily Change | 0.6 | |||
| Day Median Price | 0.03 | |||
| Day Typical Price | 0.03 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
Go Metals Forecast Models
Go Metals' time-series forecasting models are one of many Go Metals' pink sheet 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 Go Metals' 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.Go Metals Corp Debt to Cash Allocation
Many companies such as Go Metals, 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.
Go Metals Corp has accumulated 41.23 K in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Go Metals Corp has a current ratio of 7.42, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Go Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Go Metals' 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 Go Metals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GOCOF to invest in growth at high rates of return. When we think about Go Metals' use of debt, we should always consider it together with cash and equity.Go Metals 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 Go Metals' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Go Metals, which in turn will lower the firm's financial flexibility.About GOCOF Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Go Metals 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 GOCOF shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Go Metals. By using and applying GOCOF Pink Sheet analysis, traders can create a robust methodology for identifying GOCOF entry and exit points for their positions.
Go Metals Corp., an exploration stage company, acquires, explores, and develops mineral resource properties in Canada. Go Metals Corp. was incorporated in 2012 and is based in Vancouver, Canada. GO METALS operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
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When running Go Metals' price analysis, check to measure Go Metals' 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 Go Metals is operating at the current time. Most of Go Metals' value examination focuses on studying past and present price action to predict the probability of Go Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Go Metals' price. Additionally, you may evaluate how the addition of Go Metals to your portfolios can decrease your overall portfolio volatility.
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