Galore Resources Stock Analysis
| GRI Stock | CAD 0.01 0.00 0.00% |
Galore Resources is fairly valued with Real Value of 0.009879 and Hype Value of 0.007041. The main objective of Galore Resources stock analysis is to determine its intrinsic value, which is an estimate of what Galore Resources is worth, separate from its market price. There are two main types of Galore Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Galore Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Galore Resources' stock to identify patterns and trends that may indicate its future price movements.
The Galore Resources stock is traded in Canada on TSX Venture 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 Canada. Galore Resources is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Galore Stock trading window is adjusted to America/Toronto timezone.
Galore |
Galore Stock Analysis Notes
About 31.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.85. Some equities with similar Price to Book (P/B) outperform the market in the long run. Galore Resources recorded a loss per share of 0.01. The entity last dividend was issued on the December 21, 2010. Galore Resources Inc., together with its subsidiary, Minerales Galore, S.A de C.V., acquires, explores for, and evaluates mineral properties in Canada and Mexico. Galore Resources Inc. was incorporated in 2004 and is headquartered in North Vancouver, Canada. GALORE RESOURCES is traded on TSX Venture Exchange in Canada. To learn more about Galore Resources call the company at 604-647-2298 or check out https://www.galoreresources.com.Galore Resources Investment Alerts
| Galore Resources is way too risky over 90 days horizon | |
| Galore Resources has some characteristics of a very speculative penny stock | |
| Galore Resources appears to be risky and price may revert if volatility continues | |
| Galore Resources has high likelihood to experience some financial distress in the next 2 years | |
| Galore Resources has accumulated 961.83 K in total debt with debt to equity ratio (D/E) of 6.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Galore Resources has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Galore Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Galore 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 Galore Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galore to invest in growth at high rates of return. When we think about Galore Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (856.75 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Galore Resources has accumulated about 1.16 K in cash with (41.97 K) of positive cash flow from operations. | |
| Roughly 31.0% of Galore Resources shares are held by company insiders |
Galore 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 Galore Resources's market, we take the total number of its shares issued and multiply it by Galore 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.Management Efficiency
Galore Resources has return on total asset (ROA) of (0.0283) % which means that it has lost $0.0283 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3153) %, meaning that it generated substantial loss on money invested by shareholders. Galore Resources' management efficiency ratios could be used to measure how well Galore Resources manages its routine affairs as well as how well it operates its assets and liabilities. Total Assets is likely to drop to about 7.6 M in 2024. Net Tangible Assets is likely to drop to about 3.4 M in 2024Leadership effectiveness at Galore Resources is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.79 | Return On Assets (0.03) | Return On Equity (0.32) |
Technical Drivers
As of the 3rd of December, Galore Resources retains the Standard Deviation of 30.77, risk adjusted performance of 0.1038, and Market Risk Adjusted Performance of (0.78). Galore 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. Please check out Galore Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Galore Resources is priced fairly, providing market reflects its last-minute price of 0.01 per share.Galore Resources Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Galore Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Galore Resources. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Galore Resources Outstanding Bonds
Galore 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. Galore 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 Galore bonds can be classified according to their maturity, which is the date when Galore 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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Galore Resources Predictive Daily Indicators
Galore 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 Galore Resources 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.
Galore Resources Forecast Models
Galore Resources' time-series forecasting models are one of many Galore Resources' 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 Galore 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.About Galore Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Galore 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 Galore 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 Galore Resources. By using and applying Galore Stock analysis, traders can create a robust methodology for identifying Galore entry and exit points for their positions.
Galore Resources Inc., together with its subsidiary, Minerales Galore, S.A de C.V., acquires, explores for, and evaluates mineral properties in Canada and Mexico. Galore Resources Inc. was incorporated in 2004 and is headquartered in North Vancouver, Canada. GALORE RESOURCES is traded on TSX Venture Exchange in Canada.
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Additional Tools for Galore Stock Analysis
When running Galore Resources' price analysis, check to measure Galore 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 Galore Resources is operating at the current time. Most of Galore Resources' value examination focuses on studying past and present price action to predict the probability of Galore Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galore Resources' price. Additionally, you may evaluate how the addition of Galore Resources to your portfolios can decrease your overall portfolio volatility.