Golden Ridge Resources Analysis
| GORIFDelisted Stock | USD 0.06 0.00 0.00% |
Golden Ridge Resources holds a debt-to-equity ratio of 0.1. Golden Ridge's financial risk is the risk to Golden Ridge stockholders that is caused by an increase in debt.
Given that Golden Ridge's 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 Golden Ridge 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 Golden Ridge to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Golden Ridge is said to be less leveraged. If creditors hold a majority of Golden Ridge's assets, the Company is said to be highly leveraged.
Golden Ridge Resources is overvalued with Real Value of 0.0493 and Hype Value of 0.058. The main objective of Golden Ridge pink sheet analysis is to determine its intrinsic value, which is an estimate of what Golden Ridge Resources is worth, separate from its market price. There are two main types of Golden Ridge's stock analysis: fundamental analysis and technical analysis.
The Golden Ridge 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 Golden Ridge's ongoing operational relationships across important fundamental and technical indicators.
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Golden Pink Sheet Analysis Notes
About 25.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Ridge Resources recorded a loss per share of 0.1. The entity last dividend was issued on the 20th of May 2020. The firm had 1:5 split on the 20th of May 2020. Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship property is the Hank property covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia. Golden Ridge operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Golden Ridge Resources 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 Golden Ridge Resources call Michael BSc at 250 717 3151 or check out https://www.goldenridgeresources.com.Golden Ridge Resources Investment Alerts
| Golden Ridge is not yet fully synchronised with the market data | |
| Golden Ridge has some characteristics of a very speculative penny stock | |
| Golden Ridge has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (1.7 M) with loss before overhead, payroll, taxes, and interest of (8.71 K). | |
| About 25.0% of the company shares are held by company insiders |
Golden Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Ridge's market, we take the total number of its shares issued and multiply it by Golden Ridge'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.Golden Ridge Outstanding Bonds
Golden Ridge 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. Golden Ridge 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 Golden bonds can be classified according to their maturity, which is the date when Golden Ridge 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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Golden Ridge Resources Debt to Cash Allocation
Many companies such as Golden Ridge, 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.
The company has a current ratio of 60.64, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Golden Ridge until it has trouble settling it off, either with new capital or with free cash flow. So, Golden Ridge'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 Golden Ridge Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Golden to invest in growth at high rates of return. When we think about Golden Ridge's use of debt, we should always consider it together with cash and equity.Golden Ridge 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 Golden Ridge's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Golden Ridge, which in turn will lower the firm's financial flexibility.Golden Ridge Corporate Bonds Issued
Most Golden bonds can be classified according to their maturity, which is the date when Golden Ridge 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 Golden Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Golden Ridge 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 Golden 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 Golden Ridge. By using and applying Golden Pink Sheet analysis, traders can create a robust methodology for identifying Golden entry and exit points for their positions.
Golden Ridge Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Its flagship property is the Hank property covering an area of 1,700 hectares located in the Golden Triangle district of British Colombia. Golden Ridge operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Consideration for investing in Golden Pink Sheet
If you are still planning to invest in Golden Ridge Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Ridge's history and understand the potential risks before investing.
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