GGD Stock Overview
GoGold Resources Inc. engages in the exploration, development, and production of gold and silver primarily in Mexico.
GoGold Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$2.30|
|52 Week High||CA$3.79|
|52 Week Low||CA$2.03|
|1 Month Change||-0.86%|
|3 Month Change||-23.84%|
|1 Year Change||-29.45%|
|3 Year Change||497.40%|
|5 Year Change||283.33%|
|Change since IPO||48.39%|
Recent News & Updates
We Take A Look At Why GoGold Resources Inc.'s (TSE:GGD) CEO Has Earned Their Pay Packet
It would be hard to discount the role that CEO Brad Langille has played in delivering the impressive results at GoGold...
|GGD||CA Metals and Mining||CA Market|
Return vs Industry: GGD underperformed the Canadian Metals and Mining industry which returned -12.7% over the past year.
Return vs Market: GGD underperformed the Canadian Market which returned -4% over the past year.
|GGD Average Weekly Movement||8.4%|
|Metals and Mining Industry Average Movement||10.9%|
|Market Average Movement||10.0%|
|10% most volatile stocks in CA Market||17.3%|
|10% least volatile stocks in CA Market||4.4%|
Stable Share Price: GGD is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: GGD's weekly volatility (8%) has been stable over the past year.
About the Company
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 141 hectares located in the state of Chihuahua, Mexico. It also holds an option to acquire 100% concessions of the Los Ricos project, which covers 42 concessions with an area of approximately 22,000 hectares situated in the Jalisco State, Mexico.
GoGold Resources Fundamentals Summary
|GGD fundamental statistics|
Is GGD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GGD income statement (TTM)|
|Cost of Revenue||US$25.58m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.0047|
|Net Profit Margin||-3.06%|
How did GGD perform over the long term?See historical performance and comparison
Is GGD undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GGD?
Other financial metrics that can be useful for relative valuation.
|What is GGD's n/a Ratio?|
Price to Sales Ratio vs Peers
How does GGD's PS Ratio compare to its peers?
|GGD PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
EDR Endeavour Silver
SVM Silvercorp Metals
FVI Fortuna Silver Mines
AYA Aya Gold & Silver
GGD GoGold Resources
Price-To-Sales vs Peers: GGD is expensive based on its Price-To-Sales Ratio (11.7x) compared to the peer average (6.1x).
Price to Earnings Ratio vs Industry
How does GGD's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Sales vs Industry: GGD is expensive based on its Price-To-Sales Ratio (11.7x) compared to the Canadian Metals and Mining industry average (2.6x)
Price to Sales Ratio vs Fair Ratio
What is GGD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||11.7x|
|Fair PS Ratio||7.3x|
Price-To-Sales vs Fair Ratio: GGD is expensive based on its Price-To-Sales Ratio (11.7x) compared to the estimated Fair Price-To-Sales Ratio (7.3x).
Share Price vs Fair Value
What is the Fair Price of GGD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate GGD's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate GGD's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GGD's PEG Ratio to determine if it is good value.
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How is GoGold Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GGD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: GGD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GGD is expected to become profitable in the next 3 years.
Revenue vs Market: GGD's revenue (42.8% per year) is forecast to grow faster than the Canadian market (7% per year).
High Growth Revenue: GGD's revenue (42.8% per year) is forecast to grow faster 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 (2%).
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How has GoGold Resources performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGD is currently unprofitable.
Growing Profit Margin: GGD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GGD is unprofitable, but has reduced losses over the past 5 years at a rate of 42.3% per year.
Accelerating Growth: Unable to compare GGD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GGD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5.8%).
Return on Equity
High ROE: GGD has a negative Return on Equity (-0.57%), as it is currently unprofitable.
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How is GoGold Resources's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GGD's short term assets ($107.6M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: GGD's short term assets ($107.6M) exceed its long term liabilities ($11.1M).
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 46.5%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GGD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GGD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is GoGold Resources's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GGD has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Langille (60 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 ($USD1.19M) is about average for companies of similar size in the Canadian market ($USD1.24M).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
Experienced Management: GGD's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: GGD's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.4%.
GoGold Resources Inc.'s employee growth, exchange listings and data sources
- Name: GoGold Resources Inc.
- Ticker: GGD
- Exchange: TSX
- Founded: NaN
- Industry: Silver
- Sector: Materials
- Implied Market Cap: CA$679.094m
- Shares outstanding: 295.26m
- Website: https://gogoldresources.com
Number of Employees
- GoGold Resources Inc.
- Cogswell Tower
- Suite 1301
- Nova Scotia
- B3J 3K1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.