Us Goldmining Common Stock Price on October 29, 2024
| USGO Stock | 9.53 0.61 6.02% |
If you're considering investing in USGO Stock, it is important to understand the factors that can impact its price. As of today, the current price of US GoldMining stands at 9.53, as last reported on the 12th of November 2024, with the highest price reaching 10.14 and the lowest price hitting 8.74 during the day. US GoldMining is slightly risky given 3 months investment horizon. US GoldMining Common retains Efficiency (Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of price deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use US GoldMining Common Downside Deviation of 3.57, mean deviation of 4.07, and Risk Adjusted Performance of 0.1404 to evaluate company specific risk that cannot be diversified away.
At this time, US GoldMining's Total Stockholder Equity is very stable compared to the past year. As of the 12th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 15.7 M, while Common Stock Shares Outstanding is likely to drop about 13.4 M. . As of the 12th of November 2024, Price Earnings Ratio is likely to drop to -9.58. In addition to that, Price Book Value Ratio is likely to drop to 8.49. USGO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
USGO |
Sharpe Ratio = 0.153
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Estimated Market Risk
| 7.78 actual daily | 69 69% of assets are less volatile |
Expected Return
| 1.19 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average US GoldMining is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of US GoldMining by adding it to a well-diversified portfolio.
Price Book 12.6573 | Book Value 0.782 | Enterprise Value 114.7 M | Enterprise Value Ebitda (7.08) | Shares Float 1.9 M |
US GoldMining Valuation on October 29, 2024
It is possible to determine the worth of US GoldMining on a given historical date. On October 29, 2024 USGO was worth 10.12 at the beginning of the trading date compared to the closed value of 9.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of US GoldMining stock. Still, in general, we apply an absolute valuation method to find US GoldMining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of US GoldMining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against US GoldMining's related companies.
| Open | High | Low | Close | Volume | |
| 10.36 | 10.53 | 10.05 | 10.05 | 28,602 | |
10/29/2024 | 10.12 | 10.12 | 9.23 | 9.44 | 35,127 |
| 9.25 | 9.37 | 8.88 | 9.03 | 32,252 |
| Backtest US GoldMining | | | US GoldMining History | | | US GoldMining Valuation | Previous | Next |
US GoldMining Trading Date Momentum on October 29, 2024
| On October 30 2024 US GoldMining Common was traded for 9.03 at the closing time. The top price for the day was 9.37 and the lowest listed price was 8.88 . The trading volume for the day was 32.3 K. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.34% . The trading price change against the current closing price is 5.30% . |
US GoldMining Common Fundamentals Correlations and Trends
By evaluating US GoldMining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among US GoldMining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. USGO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About US GoldMining Stock history
US GoldMining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for USGO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in US GoldMining Common will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing US GoldMining stock prices may prove useful in developing a viable investing in US GoldMining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.3 M | 13.4 M | |
| Net Loss | -1.6 M | -1.6 M |
US GoldMining Stock Technical Analysis
US GoldMining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
US GoldMining Period Price Range
Low | November 12, 2024
| High |
0.00 | 0.00 |
US GoldMining Common cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
US GoldMining November 12, 2024 Market Strength
Market strength indicators help investors to evaluate how US GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading US GoldMining shares will generate the highest return on investment. By undertsting and applying US GoldMining stock market strength indicators, traders can identify US GoldMining Common entry and exit signals to maximize returns
US GoldMining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for US GoldMining's price direction in advance. Along with the technical and fundamental analysis of USGO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of USGO to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1404 | |||
| Jensen Alpha | 1.57 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.3192 | |||
| Treynor Ratio | (0.81) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in US GoldMining Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of US GoldMining. If investors know USGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about US GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Return On Assets (0.92) | Return On Equity (1.71) |
The market value of US GoldMining Common is measured differently than its book value, which is the value of USGO that is recorded on the company's balance sheet. Investors also form their own opinion of US GoldMining's value that differs from its market value or its book value, called intrinsic value, which is US GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US GoldMining's market value can be influenced by many factors that don't directly affect US GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if US GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.