GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has GoGold Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GGD is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GGD's weekly volatility (9%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: GGD exceeded the Canadian Metals and Mining industry which returned 31.3% over the past year.
Return vs Market: GGD exceeded the Canadian Market which returned 39.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GoGold Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StGoGold Resources (TSE:GGD) Is Posting Healthy Earnings, But It Is Not All Good News
4 months ago | Simply Wall StGoGold Resources (TSE:GGD) Shareholders Have Enjoyed A Whopping 325% Share Price Gain
7 months ago | Simply Wall StInvestors Who Bought GoGold Resources (TSE:GGD) Shares Three Years Ago Are Now Up 189%
Is GoGold Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GGD's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GGD's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GGD is good value based on its PE Ratio (10x) compared to the CA Metals and Mining industry average (18.4x).
PE vs Market: GGD is good value based on its PE Ratio (10x) compared to the Canadian market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: GGD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GGD is overvalued based on its PB Ratio (3x) compared to the CA Metals and Mining industry average (2.9x).
How is GoGold Resources forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GGD's earnings are forecast to decline over the next 3 years (-34.7% per year).
Earnings vs Market: GGD's earnings are forecast to decline over the next 3 years (-34.7% per year).
High Growth Earnings: GGD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GGD's revenue (5% per year) is forecast to grow slower than the Canadian market (7.1% per year).
High Growth Revenue: GGD's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GGD's Return on Equity is forecast to be low in 3 years time (6.7%).
How has GoGold Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGD has a high level of non-cash earnings.
Growing Profit Margin: GGD's current net profit margins are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: GGD has become profitable over the past 5 years, growing earnings by 22.2% per year.
Accelerating Growth: GGD's earnings growth over the past year (10373.7%) exceeds its 5-year average (22.2% per year).
Earnings vs Industry: GGD earnings growth over the past year (10373.7%) exceeded the Metals and Mining industry 61.9%.
Return on Equity
High ROE: GGD's Return on Equity (26.2%) is considered high.
How is GoGold Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GGD's short term assets ($77.4M) exceed its short term liabilities ($9.2M).
Long Term Liabilities: GGD's short term assets ($77.4M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: GGD is debt free.
Reducing Debt: GGD has no debt compared to 5 years ago when its debt to equity ratio was 31%.
Debt Coverage: GGD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GGD has no debt, therefore coverage of interest payments is not a concern.
What is GoGold Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GGD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GGD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GGD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Langille (59 yo)
Mr. Bradley H. Langille, also known as Brad, has been the Chief Executive Officer and President of GoGold Resources Inc. since January 11, 2016 and has been its Director since December 11, 2019. He served ...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD633.38K) is about average for companies of similar size in the Canadian market ($USD744.63K).
Compensation vs Earnings: Brad's compensation has increased by more than 20% in the past year.
Experienced Management: GGD's management team is seasoned and experienced (5.3 years average tenure).
Experienced Board: GGD's board of directors are considered experienced (8.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GGD insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.7%.
GoGold Resources Inc.'s company bio, employee growth, exchange listings and data sources
- Name: GoGold Resources Inc.
- Ticker: GGD
- Exchange: TSX
- Founded: NaN
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$693.794m
- Shares outstanding: 265.82m
- Website: https://gogoldresources.com
Number of Employees
- GoGold Resources Inc.
- Cogswell Tower
- Suite 1301
- Nova Scotia
- B3J 3K1
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico. The company holds an interest in the Parral Tailings project, which covers an area of 1...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/20 22:27|
|End of Day Share Price||2021/04/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.