GoGold Financial Statements From 2010 to 2024
GLGDF Stock | USD 0.91 0.01 1.09% |
Check GoGold Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GoGold Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . GoGold financial statements analysis is a perfect complement when working with GoGold Resources Valuation or Volatility modules.
GoGold |
GoGold Resources OTC Stock 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 | 0.02 % |
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.
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.
Competition |
Based on the latest financial disclosure, GoGold Resources has a Profit Margin of 0.0192%. This is 100.32% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The profit margin for all United States stocks is 101.51% 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 one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . 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.About GoGold Resources Financial Statements
GoGold Resources stakeholders use historical fundamental indicators, such as GoGold Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although GoGold Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in GoGold Resources' assets and liabilities are reflected in the revenues and expenses on GoGold Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in GoGold Resources. Please read more on our technical analysis and fundamental analysis pages.
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. It also holds an option to acquire 100 percent concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico. Gogold Res operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.
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Other Information on Investing in GoGold OTC Stock
GoGold Resources financial ratios help investors to determine whether GoGold 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 GoGold with respect to the benefits of owning GoGold Resources security.