Gogold Resources Stock Fundamentals
| GGD Stock | CAD 1.38 0.06 4.55% |
GoGold Resources fundamentals help investors to digest information that contributes to GoGold Resources' financial success or failures. It also enables traders to predict the movement of GoGold Stock. The fundamental analysis module provides a way to measure GoGold Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GoGold Resources stock.
At this time, GoGold Resources' Other Operating Expenses is very stable compared to the past year. As of the 7th of May 2024, EBITDA is likely to grow to about 8.2 M, while Interest Expense is likely to drop about 626 K. GoGold | Select Account or Indicator |
GoGold Resources Company Profit Margin Analysis
GoGold Resources' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current GoGold Resources Profit Margin | (0.17) % |
Most of GoGold Resources' fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GoGold Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
GoGold Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for GoGold Resources is extremely important. It helps to project a fair market value of GoGold Stock properly, considering its historical fundamentals such as Profit Margin. Since GoGold Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GoGold Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GoGold Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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GoGold Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, GoGold Resources has a Profit Margin of -0.1682%. This is 97.17% lower than that of the Metals & Mining sector and 107.75% lower than that of the Materials industry. The profit margin for all Canada stocks is 86.76% lower than that of the firm.
GoGold Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GoGold Resources's current stock value. Our valuation model uses many indicators to compare GoGold Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoGold Resources competition to find correlations between indicators driving GoGold Resources's intrinsic value. More Info.GoGold Resources is rated # 2 in return on equity category among related companies. It is rated # 3 in return on asset category among related companies . At this time, GoGold Resources' Return On Equity is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value GoGold Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GoGold Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the GoGold Resources' earnings, one of the primary drivers of an investment's value.GoGold Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoGold Resources' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoGold Resources could also be used in its relative valuation, which is a method of valuing GoGold Resources by comparing valuation metrics of similar companies.GoGold Resources is currently under evaluation in profit margin category among related companies.
GoGold Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of GoGold Resources from analyzing GoGold Resources' financial statements. These drivers represent accounts that assess GoGold Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GoGold Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 241.3M | 591.3M | 332.6M | 278.9M | 251.0M | 129.8M | |
| Enterprise Value | 190.4M | 525.4M | 260.3M | 184.5M | 166.0M | 118.9M |
GoGold Fundamentals
| Return On Equity | -0.0184 | ||||
| Return On Asset | -0.0246 | ||||
| Profit Margin | (0.17) % | ||||
| Operating Margin | (0.24) % | ||||
| Current Valuation | 364.94 M | ||||
| Shares Outstanding | 328.61 M | ||||
| Shares Owned By Insiders | 6.42 % | ||||
| Shares Owned By Institutions | 29.71 % | ||||
| Number Of Shares Shorted | 677.34 K | ||||
| Price To Earning | 1.34 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 16.44 X | ||||
| Revenue | 30.26 M | ||||
| Gross Profit | 9.48 M | ||||
| EBITDA | (7.45 M) | ||||
| Net Income | (7.89 M) | ||||
| Cash And Equivalents | 8.99 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 1.51 M | ||||
| Debt To Equity | 51.30 % | ||||
| Current Ratio | 5.16 X | ||||
| Book Value Per Share | 0.86 X | ||||
| Cash Flow From Operations | (7.42 M) | ||||
| Short Ratio | 1.23 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 3.06 | ||||
| Number Of Employees | 204 | ||||
| Beta | 1.36 | ||||
| Market Capitalization | 453.48 M | ||||
| Total Asset | 302.42 M | ||||
| Retained Earnings | (34.4 M) | ||||
| Working Capital | 101.71 M | ||||
| Net Asset | 302.42 M |
About GoGold Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GoGold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoGold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoGold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -1.9 M | -2 M | |
| Total Revenue | 34.8 M | 19.9 M | |
| Cost Of Revenue | 39.3 M | 41.3 M | |
| Stock Based Compensation To Revenue | 0.06 | 0.06 | |
| Sales General And Administrative To Revenue | 0.29 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.03) | (0.03) | |
| Revenue Per Share | 0.09 | 0.10 | |
| Ebit Per Revenue | (0.35) | (0.33) |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoGold Resources. 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. Note that the GoGold Resources information on this page should be used as a complementary analysis to other GoGold Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for GoGold Stock analysis
When running GoGold Resources' price analysis, check to measure GoGold Resources' 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 GoGold Resources is operating at the current time. Most of GoGold Resources' value examination focuses on studying past and present price action to predict the probability of GoGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoGold Resources' price. Additionally, you may evaluate how the addition of GoGold Resources to your portfolios can decrease your overall portfolio volatility.
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