GGX Gold Financials
| GGXXF Stock | USD 0.01 0 12.80% |
GGX |
Understanding current and past GGX Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GGX Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in GGX Gold's assets may result in an increase in income on the income statement.
GGX Gold Stock Summary
GGX Gold competes with Jaguar Mining, K92 Mining, Torex Gold, Dynacor Gold, and Galane Gold. GGX Gold Corp., a junior mineral exploration company, acquires, explores for, and develops mineral properties in Canada. GGX Gold Corp. was incorporated in 2007 and is based in Vancouver, Canada. Ggx Gold is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 888 Dunsmuir Street, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | ggxgold.com |
| Phone | 604 488 3900 |
| Currency | USD - US Dollar |
GGX Gold Key Financial Ratios
There are many critical financial ratios that GGX Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that GGX Gold Corp reports annually and quarterly.| Return On Asset | -4.13 | |||
| Beta | 1.67 | |||
| Z Score | -59.1 |
GGX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining GGX Gold's current stock value. Our valuation model uses many indicators to compare GGX Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GGX Gold competition to find correlations between indicators driving GGX Gold's intrinsic value. More Info.GGX Gold Corp is rated # 2 in return on asset category among its peers. It is rated below average in current valuation 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 GGX Gold's earnings, one of the primary drivers of an investment's value.GGX Gold Corp Systematic Risk
GGX Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GGX Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on GGX Gold Corp correlated with the market. If Beta is less than 0 GGX Gold generally moves in the opposite direction as compared to the market. If GGX Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GGX Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GGX Gold is generally in the same direction as the market. If Beta > 1 GGX Gold moves generally in the same direction as, but more than the movement of the benchmark.
GGX Gold December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of GGX Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GGX Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of GGX Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing GGX Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GGX Gold's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0062 | |||
| Maximum Drawdown | 63.0 | |||
| Value At Risk | (2.34) |
Complementary Tools for GGX Pink Sheet analysis
When running GGX Gold's price analysis, check to measure GGX 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 GGX Gold is operating at the current time. Most of GGX Gold's value examination focuses on studying past and present price action to predict the probability of GGX 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 GGX Gold's price. Additionally, you may evaluate how the addition of GGX Gold to your portfolios can decrease your overall portfolio volatility.
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