GOLD ROAD Buy Hold or Sell Recommendation

ELKMF -- USA Stock  

USD 1.12  0.001  0.09%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding GOLD ROAD RES LTD is 'Strong Buy'. Macroaxis provides GOLD ROAD buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ELKMF positions. The advice algorithm takes into account all of GOLD ROAD RES available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from ELKMF buy-and-hold prospective. Additionally see GOLD ROAD Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Execute Advice
Strong Buy


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available
For the selected time horizon GOLD ROAD RES LTD has a risk adjusted performance of 0.2998, jensen alpha of 1.21, total risk alpha of 1.3, sortino ratio of 0.42 and treynor ratio of 2.76
We provide buy, hold, or sell suggestion to complement the regular expert consensus on GOLD ROAD. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available now. To make sure GOLD ROAD RES LTD is not overpriced, please check out all GOLD ROAD fundamentals including its Gross Profit, Cash Flow from Operations, Current Asset, as well as the relationship between Cash per Share and Market Capitalization . Given that GOLD ROAD RES LTD is a hitting penny stock territory we urge to closely look at its Price to Sales.

GOLD ROAD Trading Alerts and Improvement Suggestions

GOLD ROAD RES may become a speculative penny stock
GOLD ROAD RES appears to be very risky and stock price may revert if volatility continues
The company reported revenue of 5.35M. Net Loss for the year was (3.67M) with profit before overhead, payroll, taxes, and interest of 204K.
GOLD ROAD RESOURC has accumulated about 118.77M in cash with (1.22M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.

GOLD ROAD Returns Distribution Density

Mean Return1.21Value At Risk3.04
Potential Upside9.57Standard Deviation3.82
 Return Density 


Alpha over DOW
Beta against DOW=0.43
Overall volatility
Information ratio =0.32

GOLD ROAD Volatility Alert

GOLD ROAD RES LTD currently demonstrates below average downside deviation of 2.91. It has Information Ratio of 0.32 and Jensen Alpha of 1.21. However, we do advice investors to further question GOLD ROAD RES LTD expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk. GOLD ROAD RES LTD is a potential penny stock. Although GOLD ROAD may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial stock hype. Please make sure you totally understand upside potential and downside risk of investing in GOLD ROAD RES LTD. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings,sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that has been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The one and only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
 Better Than Average     
 Worse Than Average Compare GOLD ROAD to competition

GOLD ROAD Fundamental Vs Peers

FundamentalsGOLD ROADPeer Average
Return On Equity(6.80)% (0.31)%
Return On Asset(5.16)% (0.14)%
Current Valuation982.8M16.62B
Shares Outstanding877.98M571.82M
Price to Earning3.10X28.72X
Price to Book3.46X9.51X
Price to Sales76.91X11.42X
Gross Profit204K27.38B
Net Income(3.67M)570.98M
Cash and Equivalents118.77M2.7B
Cash per Share0.14X5.01X
Debt to Equity34.60% 48.70%
Current Ratio2.92X2.16X
Book Value Per Share0.32X1.93K
Cash Flow from Operations(1.22M)971.22M
Earnings Per Share(0.004)X3.12X
Number of Employees2118.84K
Market Capitalization957.66M19.03B
Total Asset163M29.47B
Retained Earnings(51M)9.33B
Working Capital87M1.48B
Current Asset92M9.34B
Current Liabilities5M7.9B