Xtra Gold Resources Corp Stock Price on December 11, 2024

XTG Stock  CAD 1.93  0.03  1.58%   
Below is the normalized historical share price chart for Xtra Gold Resources Corp extending back to November 23, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Xtra Gold stands at 1.93, as last reported on the 22nd of December, with the highest price reaching 1.93 and the lowest price hitting 1.86 during the day.
200 Day MA
1.3948
50 Day MA
1.6866
Beta
0.559
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Xtra Stock, it is important to understand the factors that can impact its price. Xtra Gold appears to be risky, given 3 months investment horizon. Xtra Gold Resources shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xtra Gold Resources, which you can use to evaluate the volatility of the company. Please utilize Xtra Gold's Mean Deviation of 1.74, downside deviation of 3.07, and Market Risk Adjusted Performance of 1.12 to validate if our risk estimates are consistent with your expectations.
  
At this time, Xtra Gold's Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Capital Stock is likely to grow to about 51 K, while Total Stockholder Equity is likely to drop about 7.3 M. . At this time, Xtra Gold's Price Book Value Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 1.84, though Price Earnings Ratio is likely to grow to (210.12). Xtra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1726

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsXTG
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Xtra Gold is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Xtra Gold by adding it to a well-diversified portfolio.
Price Book
4.8248
Book Value
0.28
Enterprise Value
69.7 M
Enterprise Value Ebitda
(20.39)
Shares Float
34.8 M

Xtra Gold Valuation on December 11, 2024

It is possible to determine the worth of Xtra Gold on a given historical date. On December 11, 2024 Xtra was worth 1.85 at the beginning of the trading date compared to the closed value of 1.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xtra Gold stock. Still, in general, we apply an absolute valuation method to find Xtra Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Xtra Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xtra Gold's related companies.
 Open High Low Close Volume
  1.84    1.85    1.82    1.83    16,400  
12/11/2024
  1.85    1.90    1.83    1.90    17,540  
  1.88    1.88    1.88    1.88    6,000  
Backtest Xtra Gold  |  Xtra Gold History  |  Xtra Gold Valuation   PreviousNext  
Open Value
1.85
1.9
Closing Value
9.52
Upside

Xtra Gold Trading Date Momentum on December 11, 2024

On December 12 2024 Xtra Gold Resources Corp was traded for  1.88  at the closing time. The maximum traded price for the trading interval was 1.88  and the lowest daily price was  1.88 . The daily volume was recorded at 6 K. The volume of trading on 12th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.05% . The trading price change to the closing price today is 0.53% .

Xtra Gold Resources Fundamentals Correlations and Trends

By evaluating Xtra Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xtra Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xtra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Xtra Gold Stock history

Xtra Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Xtra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xtra Gold Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Xtra Gold stock prices may prove useful in developing a viable investing in Xtra Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding46.4 M47 M
Net Income Applicable To Common Shares726.5 K688.8 K

Xtra Gold Quarterly Net Working Capital

11.78 Million

Xtra Gold Stock Technical Analysis

Xtra Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Xtra Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xtra Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xtra Gold Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Xtra Gold Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Xtra Gold December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Xtra Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xtra Gold shares will generate the highest return on investment. By undertsting and applying Xtra Gold stock market strength indicators, traders can identify Xtra Gold Resources Corp entry and exit signals to maximize returns

Xtra Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Xtra Gold's price direction in advance. Along with the technical and fundamental analysis of Xtra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xtra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Xtra Stock

Xtra Gold financial ratios help investors to determine whether Xtra 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 Xtra with respect to the benefits of owning Xtra Gold security.