Galane Gold is selling for under 0.32 as of the 21st of November 2024; that is 8.57 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.32. Galane Gold has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Galane Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Golconda Gold Ltd. engages in the exploration, development, and operation of gold mining properties. The company was incorporated in 2007 and is headquartered in Toronto, Canada. GALANE GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange. The company has 71.27 M outstanding shares of which 9.94 K shares are currently shorted by private and institutional investors with about 0.11 trading days to cover. More on Galane Gold
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Galane Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Galane Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Galane Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Galane Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt LevelsGalane Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Galane Gold's financial leverage. It provides some insight into what part of Galane Gold's total assets is financed by creditors.
LiquidityGalane Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Galane Gold currently holds 4.55 M in liabilities with Debt to Equity (D/E) ratio of 0.03, which may suggest the company is not taking enough advantage from borrowing. Galane Gold has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Galane Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Galane Gold'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 Galane Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Galane to invest in growth at high rates of return. When we think about Galane Gold's use of debt, we should always consider it together with cash and equity.
Galane Gold (GG) is traded on TSX Venture Exchange in Canada and employs 10 people. Galane Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Galane Gold's market, we take the total number of its shares issued and multiply it by Galane 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. Galane Gold conducts business under Metals & Mining sector and is part of Materials industry. The entity has 71.27 M outstanding shares of which 9.94 K shares are currently shorted by private and institutional investors with about 0.11 trading days to cover.
Galane Gold currently holds about 414.14 K in cash with (18.76 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Galane Gold Probability Of BankruptcyOwnership AllocationGalane Gold has a total of 71.27 Million outstanding shares. Galane Gold retains 17.59 (percent) of its outstanding shares held by insiders and 0.0 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Galane Gold Risk Profiles
Although Galane Gold's alpha and beta are two of the key measurements used to evaluate Galane Gold's performance over the market, the standard measures of volatility play an important role as well.
Our tools can tell you how much better you can do entering a position in Galane Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.
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When running Galane Gold's price analysis, check to measure Galane 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 Galane Gold is operating at the current time. Most of Galane Gold's value examination focuses on studying past and present price action to predict the probability of Galane 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 Galane Gold's price. Additionally, you may evaluate how the addition of Galane Gold to your portfolios can decrease your overall portfolio volatility.