Contact Gold Corp Valuation
| CGOLFDelisted Stock | USD 0.01 0 40.82% |
Contact Gold seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Contact Gold Corp from analyzing the firm fundamentals such as Current Valuation of 5.28 M, return on equity of -0.12, and Shares Owned By Insiders of 6.45 % as well as examining its technical indicators and probability of bankruptcy. . In general, most investors favor locking in undervalued instruments and disposing overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Overvalued
Today
Please note that Contact Gold's price fluctuation is somewhat reliable at this time. Calculation of the real value of Contact Gold Corp is based on 3 months time horizon. Increasing Contact Gold's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Contact otc stock is determined by what a typical buyer is willing to pay for full or partial control of Contact Gold Corp. Since Contact Gold is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Contact OTC Stock. However, Contact Gold's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.0138 | Real 0.0129 | Hype 0.01 | Naive 0.0148 |
The real value of Contact OTC Stock, also known as its intrinsic value, is the underlying worth of Contact Gold Corp OTC Stock, which is reflected in its stock price. It is based on Contact Gold's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Contact Gold's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Contact Gold Corp helps investors to forecast how Contact otc stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Contact Gold more accurately as focusing exclusively on Contact Gold's fundamentals will not take into account other important factors: Contact Gold Total Value Analysis
Contact Gold Corp is currently expected to have takeover price of 5.28 M with market capitalization of 4.48 M, debt of 44.04 K, and cash on hands of 1.16 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Contact Gold fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
5.28 M | 4.48 M | 44.04 K | 1.16 M |
Contact Gold Asset Utilization
One of the ways to look at asset utilization of Contact is to check how much profit was generated for every dollar of assets it reports. Contact Gold Corp shows a negative utilization of assets of -0.0697 percent, losing $6.97E-4 for each dollar of assets held by the firm. Inadequate asset utilization signifies that the company is being less effective with each dollar of assets it shows. Put another way, asset utilization of Contact Gold Corp shows how discouraging it operates for each dollar spent on its assets.Contact Gold Ownership Allocation
Contact Gold holds a total of 301.28 Million outstanding shares. 30% of Contact Gold Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Contact Gold Profitability Analysis
Net Loss for the year was (5.67 M) with profit before overhead, payroll, taxes, and interest of 0.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Contact Gold's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Contact Gold and how it compares across the competition.
About Contact Gold Valuation
The otc valuation mechanism determines Contact Gold's current worth on a weekly basis. Our valuation model uses a comparative analysis of Contact Gold. We calculate exposure to Contact Gold's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Contact Gold's related companies.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.
8 Steps to conduct Contact Gold's Valuation Analysis
OTC Stock's valuation is the process of determining the worth of any otc stock in monetary terms. It estimates Contact Gold's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of otc stock valuation is a single number representing a OTC Stock's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Contact Gold's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Contact Gold's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Contact Gold's revenue streams: Identify Contact Gold's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Contact Gold's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Contact Gold's growth potential: Evaluate Contact Gold's management, business model, and growth potential.
- Determine Contact Gold's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the OTC Stock's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Contact Gold's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Contact Gold Growth Indicators
Investing in growth stocks can be very risky. If the company such as Contact Gold does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 301.3 M | |
| Retained Earnings | -48.1 M |
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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