Sky Gold Corp Stock Analysis

Sky Stock Analysis Notes

The book value of the company was at this time reported as 0.02. The company recorded a loss per share of 0.01. Sky Gold Corp last dividend was issued on the 3rd of December 2019. The entity had 1:3 split on the 23rd of January 2023. Sky Gold Corp., a junior mining exploration company, explores for and develops mineral properties in Canada. Sky Gold Corp. was incorporated in 2008 and is based in Vancouver, Canada. SKY GOLD operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Sky Gold Corp contact Michael England at 604-683-3995 or learn more at https://www.skygoldcorp.com.

Sky Gold Corp Investment Alerts

Sky Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sky Gold's market, we take the total number of its shares issued and multiply it by Sky 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.

Sky Profitablity

Management Efficiency

Sky Gold Corp has return on total asset (ROA) of (0.357) % which means that it has lost $0.357 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.7491) %, meaning that it generated substantial loss on money invested by shareholders. Sky Gold's management efficiency ratios could be used to measure how well Sky 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 -0.5 in 2024. Return On Capital Employed is likely to climb to -0.58 in 2024. At this time, Sky Gold's Non Currrent Assets Other are fairly stable compared to the past year. Net Tangible Assets is likely to climb to about 6.3 M in 2024, whereas Total Assets are likely to drop slightly above 632.7 K in 2024.

Technical Drivers

As of the 26th of November, Sky Gold has the Risk Adjusted Performance of 0.0302, semi deviation of 7.4, and Coefficient Of Variation of 3661.53. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sky Gold Corp, as well as the relationship between them. Please validate Sky Gold Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sky Gold is priced more or less accurately, providing market reflects its prevalent price of 0.03 per share.

Sky Gold Corp Price Movement Analysis

Sky Gold Outstanding Bonds

Sky Gold Predictive Daily Indicators

Sky Gold Forecast Models

Sky Gold's time-series forecasting models are one of many Sky 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 Sky 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 Sky 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 Sky 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 Sky Gold. By using and applying Sky Stock analysis, traders can create a robust methodology for identifying Sky entry and exit points for their positions.

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