GoGold Resources - Stock

GoGold Resources Market capitalization 2024

GoGold Resources Market capitalization

352.26 M USD

GoGold Resources Dividend yield

Ticker

GGD.TO

ISIN

CA38045Y1025

WKN

A1JAES

In 2024, GoGold Resources's market cap stood at 352.26 M USD, a 1.9% increase from the 345.69 M USD market cap in the previous year.

The GoGold Resources Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2026e156.554,1833.54
2025e44.1714,832.07
2024e39.3916,632.68
202330.2621,65-7.89
202236.0524,740.69
202153.2336,847.08
202039.5522,6343.15
201926.971,088.11
201821.02-49,43-43.69
201717.05-35,95-0.58
201616.2734,97-20.54
201512.5243,77-6.08
2014---6.59
2013---3.59
2012---2.39
2011---1.35
2010---0.31
2009---0.01
2008---0.03

GoGold Resources Aktienanalyse

What does GoGold Resources do?

GoGold Resources Inc is a Canadian company specializing in the extraction of precious metals. The company was founded in 2011 and has its headquarters in Halifax, Nova Scotia. It currently operates two mines in Mexico: the Parral Mine and the Santa Gertrudis Mine. The business model of GoGold is based on identifying and developing untapped gold and silver resources in Mexico. The two mines operated by the company have a total area of approximately 23,000 hectares and offer significant potential for the extraction of precious metals. The Parral Mine, located in the Mexican state of Chihuahua, is considered the most important silver mine in the region. It was acquired in 2014 and has a production capacity of approximately 400,000 ounces of silver per year. On the other hand, the Santa Gertrudis Mine is a former gold mine being developed by GoGold. It is located in the state of Sonora and covers an area of approximately 22,000 hectares. GoGold utilizes an open-pit mining model, where ore is extracted from the surface of the earth. The company uses a specialized technology called VIBRO-MINING, which allows for more efficient and cost-effective extraction of precious metals than traditional methods. The company also has another pillar: it offers a technology called HYDROMINING, which allows for the recovery of precious metals from mine waste. This technology is an environmentally friendly alternative to traditional waste disposal and helps maximize the extraction of precious metals. Another product that GoGold offers is its gold and silver bars, which are made from the ore obtained in the mines and are available in various sizes. The company is committed to acting innovatively and sustainably. It works closely with the communities where its mines operate and is dedicated to social responsibility and environmental protection. GoGold also promotes education and health programs in the region and creates jobs for the local population. In summary, GoGold Resources Inc is an emerging player in the field of precious metal extraction. The company specializes in the development of untapped resources and utilizes innovative technologies to make the extraction of precious metals more efficient and cost-effective. It is committed to social responsibility and environmental protection and offers high-quality gold and silver bars. GoGold Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring GoGold Resources's Market Capitalization

GoGold Resources's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of GoGold Resources's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

GoGold Resources's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in GoGold Resources’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about GoGold Resources Stock

What is the current GoGold Resources market capitalization?

The current market capitalization of GoGold Resources is 352.26 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like GoGold Resources.

How has the market capitalization of GoGold Resources developed in recent years?

The market capitalization of GoGold Resources has increased/decreased by 1.9% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of GoGold Resources?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of GoGold Resources?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of GoGold Resources have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does GoGold Resources pay?

Over the past 12 months, GoGold Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, GoGold Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of GoGold Resources?

The current dividend yield of GoGold Resources is .

When does GoGold Resources pay dividends?

GoGold Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of GoGold Resources?

GoGold Resources paid dividends every year for the past 0 years.

What is the dividend of GoGold Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is GoGold Resources located?

GoGold Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von GoGold Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of GoGold Resources from 6/6/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/6/2024.

When did GoGold Resources pay the last dividend?

The last dividend was paid out on 6/6/2024.

What was the dividend of GoGold Resources in the year 2023?

In the year 2023, GoGold Resources distributed 0 USD as dividends.

In which currency does GoGold Resources pay out the dividend?

The dividends of GoGold Resources are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von GoGold Resources

Our stock analysis for GoGold Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of GoGold Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.