Gold Road Buy Hold or Sell Recommendation

ELKMF -- USA Stock  

USD 0.50  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Gold Road Resources Limited is 'Cautious Hold'. Macroaxis provides Gold Road buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELKMF positions. The advice algorithm takes into account all of Gold Road Resources available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ELKMF buy-and-hold prospective. Additionally see Gold Road Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Gold RoadBuy Gold Road
Strong Sell

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon Gold Road Resources Limited has a mean deviation of 1.3, semi deviation of 0.0, standard deviation of 3.17, variance of 10.05, downside variance of 0.0 and semi variance of 0.0
We provide buy, hold, or sell suggestion to complement the regular expert consensus on Gold Road. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available at the time. To make sure Gold Road Resources Limited is not overpriced, please check out all Gold Road fundamentals including its Price to Sales, Book Value Per Share, Working Capital, as well as the relationship between Net Income and Beta . As Gold Road Resources appears to be a penny stock we also urge to confirm its Price to Earning numbers.

Gold Road Returns Distribution Density

Mean Return0.52Value At Risk0.19
Potential Upside1.17Standard Deviation3.17
 Return Density 
      Distribution 

Gold Road Greeks

α
Alpha over DOW
=0.53
β
Beta against DOW=0.20
σ
Overall volatility
=3.17
Ir
Information ratio =0.18

Gold Road Volatility Alert

Gold Road Resources Limited exhibits very low volatility with skewness of 4.1 and kurtosis of 18.82. However, we advise investors to further study Gold Road Resources Limited technical indicators to make sure all market info is available and is reliable. Gold Road Resources Limited is a potential penny stock. Although Gold Road may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial stock hype. Please make sure you totally understand upside potential and downside risk of investing in Gold Road Resources Limited. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings,sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that has been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The one and only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
    
 Better Than Average     
    
 Worse Than Average Compare Gold Road to competition

Gold Road Fundamental Vs Peers

FundamentalsGold RoadPeer Average
Return On Equity84.21 % (15.17) %
Return On Asset(1.66) % (15.64) %
Profit Margin(68.57) % (5.50) %
Operating Margin(175.71) % (10.91) %
Current Valuation304.21 M152.14 B
Shares Outstanding877.09 M1.43 B
Price to Earning3.10 times40.69 times
Price to Book1.40 times14.44 times
Price to Sales81.64 times17.81 times
Revenue5.35 M9.85 B
Gross Profit2 M21.75 B
EBITDA(6.1 M)1.41 B
Net Income(3.67 M)517.71 M
Cash and Equivalents188.71 M3.89 B
Cash per Share0.22 times5.17 times
Current Ratio13.97 times3.30 times
Book Value Per Share0.33 times13.64 times
Cash Flow from Operations(1.22 M)1.25 B
Earnings Per Share0.004 times2.30 times
Number of Employees2110.67 K
Beta1.090.34
Market Capitalization436.62 M29.78 B
Total Asset163 M126.86 B
Retained Earnings(51 M)38.24 B
Working Capital87 M3.58 B
Current Asset92 M36.8 B
Current Liabilities5 M33.34 B

Gold Road Alerts

Trading Alerts and Improvement Suggestions

Gold Road Resources has some characteristics of a very speculative penny stock
Gold Road Resources appears to be very risky and stock price may revert if volatility continues
The company reported revenue of 5.35 M. Net Loss for the year was (3.67 M) with profit before overhead, payroll, taxes, and interest of 2 M.
GOLD ROAD RESOURC has accumulated about 188.71 M in cash with (1.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Latest headline from www.zacks.com: Barrick Gold Surges Stock Moves 5.4 percent Higher
Additionally see Gold Road Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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