Golden Lake Exploration Stock Today
| GOLXF Stock | USD 0.04 0.01 23.79% |
Performance0 of 100
| Odds Of DistressOver 68
|
Golden Lake is trading at 0.0359 as of the 27th of November 2024. This is a 23.79 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0313. Golden Lake has more than 68 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Golden Lake Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Golden Lake Exploration Inc., a junior mining exploration company, engages in the acquisition, exploration, and development of mineral property assets. Golden Lake Exploration Inc. was incorporated in 2018 and is based in Vancouver, Canada. Golden Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.. The company has 64.7 M outstanding shares. More on Golden Lake Exploration
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Golden OTC Stock Highlights
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Golden Lake Exploration [GOLXF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Lake's market, we take the total number of its shares issued and multiply it by Golden Lake'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 Lake Exploration classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 64.7 M outstanding shares.
Golden Lake Exploration has accumulated about 2.26 M in cash with (923.68 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationGolden Lake Exploration has a total of 64.7 Million outstanding shares. Golden Lake retains 4.99 (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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Golden Lake Exploration Risk Profiles
| Mean Deviation | 6.25 | |||
| Standard Deviation | 8.18 | |||
| Variance | 66.84 | |||
| Risk Adjusted Performance | (0.03) |
Golden Stock Against Markets
Picking the right benchmark for Golden Lake otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Golden Lake otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Golden Lake is critical whether you are bullish or bearish towards Golden Lake Exploration at a given time. Please also check how Golden Lake's historical prices are related to one of the top price index indicators.
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Other Information on Investing in Golden OTC Stock
Golden Lake financial ratios help investors to determine whether Golden OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Golden with respect to the benefits of owning Golden Lake security.