Gowest Gold Stock Analysis

GWA Stock  CAD 0.08  0.01  14.29%   
Gowest Gold is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Gowest Gold stock analysis is to determine its intrinsic value, which is an estimate of what Gowest Gold is worth, separate from its market price. There are two main types of Gowest Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Gowest Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Gowest Gold's stock to identify patterns and trends that may indicate its future price movements.
The Gowest Gold 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. Gowest Gold is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Gowest Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Gowest Gold's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gowest Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Gowest Stock Analysis Notes

About 85.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.58. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gowest Gold recorded a loss per share of 0.01. The entity last dividend was issued on the 17th of June 2019. The firm had 1:10 split on the 17th of June 2019. Gowest Gold Ltd. operates as a gold exploration and development company in Canada. Gowest Gold Ltd. was incorporated in 1982 and is headquartered in Toronto, Canada. GOWEST GOLD operates under Gold classification in Canada and is traded on TSX Venture Exchange. To learn more about Gowest Gold call Danny Meeks at 416-363-1210 or check out https://www.gowestgold.com.

Gowest Gold Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Gowest Gold's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Gowest Gold or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Gowest Gold generated a negative expected return over the last 90 days
Gowest Gold has high historical volatility and very poor performance
Gowest Gold has some characteristics of a very speculative penny stock
Gowest Gold has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 67.26 K in total debt with debt to equity ratio (D/E) of 48.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gowest Gold has a current ratio of 0.04, 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 Gowest Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Gowest 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 Gowest Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gowest to invest in growth at high rates of return. When we think about Gowest Gold's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (2.68 M) with profit before overhead, payroll, taxes, and interest of 0.
Gowest Gold has accumulated about 461.46 K in cash with (13.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 85.0% of Gowest Gold shares are held by company insiders
Latest headline from news.google.com: Closing Bell Gowest Gold Ltd flat on Tuesday - Barchart

Gowest Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 53.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gowest Gold's market, we take the total number of its shares issued and multiply it by Gowest 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.

Gowest Profitablity

Gowest Gold's profitability indicators refer to fundamental financial ratios that showcase Gowest Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Gowest Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Gowest Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Gowest Gold's profitability requires more research than a typical breakdown of Gowest Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2024
Return On Capital Employed(0.02)(0.02)
Return On Assets(0.03)(0.03)
Return On Equity(0.03)(0.03)

Management Efficiency

Gowest Gold has return on total asset (ROA) of (0.0122) % which means that it has lost $0.0122 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0372) %, meaning that it generated substantial loss on money invested by shareholders. Gowest Gold's management efficiency ratios could be used to measure how well Gowest Gold manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to -0.02 in 2024. Return On Assets is likely to drop to -0.03 in 2024. At this time, Gowest Gold's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 19.7 M in 2024, whereas Other Assets are likely to drop slightly above 1 M in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio 0.46  0.44 
Enterprise Value Multiple(19.73)(20.72)
Price Fair Value 0.46  0.44 
The analysis of Gowest Gold's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Gowest Gold's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Gowest Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.305

Technical Drivers

As of the 29th of March, Gowest Gold retains the Market Risk Adjusted Performance of (0.01), risk adjusted performance of 0.0074, and Standard Deviation of 9.66. Gowest Gold 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Gowest Gold, which can be compared to its competitors. Please check out Gowest Gold market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Gowest Gold is priced fairly, providing market reflects its last-minute price of 0.08 per share.

Gowest Gold Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Gowest Gold 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 Gowest Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Gowest Gold Predictive Daily Indicators

Gowest Gold 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 Gowest Gold 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.

Gowest Gold Forecast Models

Gowest Gold's time-series forecasting models are one of many Gowest 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 Gowest 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.

About Gowest Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Gowest 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 Gowest 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 Gowest Gold. By using and applying Gowest Stock analysis, traders can create a robust methodology for identifying Gowest entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(69.90)(66.41)
Operating Profit Margin 34.62  36.35 
Net Loss(57.53)(60.41)
Gross Profit Margin-10.5 K-11.1 K

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Gowest Gold to your portfolios without increasing risk or reducing expected return.

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gowest Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Gowest Gold's price analysis, check to measure Gowest 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 Gowest Gold is operating at the current time. Most of Gowest Gold's value examination focuses on studying past and present price action to predict the probability of Gowest 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 Gowest Gold's price. Additionally, you may evaluate how the addition of Gowest Gold to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Gowest Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gowest Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gowest Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.