Ggx Gold Corp Stock Analysis
| GGXXF Stock | USD 0.01 0 12.80% |
GGX Gold Corp is overvalued with Real Value of 0.0116 and Hype Value of 0.01. The main objective of GGX Gold pink sheet analysis is to determine its intrinsic value, which is an estimate of what GGX Gold Corp is worth, separate from its market price. There are two main types of GGX Gold's stock analysis: fundamental analysis and technical analysis.
The GGX Gold pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and GGX Gold's ongoing operational relationships across important fundamental and technical indicators.
GGX |
GGX Pink Sheet Analysis Notes
About 22.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.03. GGX Gold Corp last dividend was issued on the 14th of June 2019. The entity had 1:3 split on the 14th of June 2019. 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.The quote for GGX Gold Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about GGX Gold Corp call Barry Brown at 604 488 3900 or check out https://ggxgold.com.GGX Gold Corp Investment Alerts
| GGX Gold Corp generated a negative expected return over the last 90 days | |
| GGX Gold Corp has high historical volatility and very poor performance | |
| GGX Gold Corp has some characteristics of a very speculative penny stock | |
| GGX Gold Corp has a very high chance of going through financial distress in the upcoming years | |
| GGX Gold Corp has accumulated 347.43 K in total debt. GGX Gold Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist GGX Gold until it has trouble settling it off, either with new capital or with free cash flow. So, GGX Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GGX Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GGX to invest in growth at high rates of return. When we think about GGX Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| GGX Gold Corp has accumulated about 5.47 K in cash with (800.77 K) of positive cash flow from operations. | |
| Roughly 22.0% of the company shares are held by company insiders |
GGX Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GGX Gold's market, we take the total number of its shares issued and multiply it by GGX Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 3rd of December, GGX Gold retains the risk adjusted performance of 0.0267, and Market Risk Adjusted Performance of 0.0728. GGX Gold technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out GGX Gold Corp market risk adjusted performance, total risk alpha, as well as the relationship between the Total Risk Alpha and kurtosis to decide if GGX Gold is priced correctly, providing market reflects its last-minute price of 0.0141 per share. As GGX Gold Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.GGX Gold Corp Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. GGX Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for GGX Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
GGX Gold Predictive Daily Indicators
GGX Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GGX Gold pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.26 | |||
| Daily Balance Of Power | 0.4324 | |||
| Rate Of Daily Change | 1.13 | |||
| Day Median Price | 0.0123 | |||
| Day Typical Price | 0.0129 | |||
| Market Facilitation Index | 0.0037 | |||
| Price Action Indicator | 0.0027 | |||
| Period Momentum Indicator | 0.0016 |
GGX Gold Forecast Models
GGX Gold's time-series forecasting models are one of many GGX Gold's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GGX Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About GGX Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how GGX Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GGX shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as GGX Gold. By using and applying GGX Pink Sheet analysis, traders can create a robust methodology for identifying GGX entry and exit points for their positions.
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.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding GGX Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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