Contact Gold Corp Performance
| CGOLFDelisted Stock | USD 0.01 0 40.82% |
The firm shows a Beta (market volatility) of 2.1, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Contact Gold will likely underperform. Contact Gold Corp right now shows a risk of 0.0%. Please confirm Contact Gold Corp sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Contact Gold Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Contact Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable essential indicators, Contact Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 4.8 M | |
| Total Cashflows From Investing Activities | 39.2 K |
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Contact Gold Relative Risk vs. Return Landscape
If you would invest 1.38 in Contact Gold Corp on September 13, 2024 and sell it today you would earn a total of 0.00 from holding Contact Gold Corp or generate 0.0% return on investment over 90 days. Contact Gold Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Contact, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Contact Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Contact Gold's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Contact Gold Corp, and traders can use it to determine the average amount a Contact Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Contact Gold is not performing at its full potential. However, 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 Contact Gold by adding Contact Gold to a well-diversified portfolio.
Contact Gold Fundamentals Growth
Contact OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Contact Gold, and Contact Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Contact OTC Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0697 | |||
| Current Valuation | 5.28 M | |||
| Shares Outstanding | 301.28 M | |||
| Price To Book | 0.27 X | |||
| EBITDA | (5.52 M) | |||
| Cash And Equivalents | 1.16 M | |||
| Total Debt | 44.04 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (5.06 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 32.12 M | |||
About Contact Gold Performance
By analyzing Contact Gold's fundamental ratios, stakeholders can gain valuable insights into Contact Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Contact Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Contact Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Contact Gold Corp., a gold exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It principally holds interests in the Green Springs Property that comprises 220 unpatented mining claims covering approximately 18 square kilometers located in White Pine County, Nevada and the Pony Creek Property, which includes 1,032 unpatented mining claims covering approximately 82 square kilometers situated in Elko County, Nevada. Contact Gold operates under Gold classification in the United States and is traded on OTC Exchange. It employs 8 people.Things to note about Contact Gold Corp performance evaluation
Checking the ongoing alerts about Contact Gold for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Contact Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Contact Gold Corp is not yet fully synchronised with the market data | |
| Contact Gold Corp has some characteristics of a very speculative penny stock | |
| Contact Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Contact Gold Corp has accumulated about 1.16 M in cash with (5.06 M) of positive cash flow from operations. |
- Analyzing Contact Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Contact Gold's stock is overvalued or undervalued compared to its peers.
- Examining Contact Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Contact Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Contact Gold's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Contact Gold's otc stock. These opinions can provide insight into Contact Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Contact OTC Stock
If you are still planning to invest in Contact Gold Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Contact Gold's history and understand the potential risks before investing.
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