Goldgroup Mining Stock

Goldgroup Mining Market capitalization 2024

Goldgroup Mining Market capitalization

644,654.55 USD

Ticker

GGA.TO

ISIN

CA38141A1075

WKN

A1CYEE

In 2024, Goldgroup Mining's market cap stood at 644,654.55 USD, a -50.68% increase from the 1.31 M USD market cap in the previous year.

The Goldgroup Mining Market capitalization history

YEARMarket Capitalization (undefined USD)
20220.64
20216.61
20205.37
20196.02
20188.25
201712.71
201625.51
201511.35
201419.6
201316.85
201263.85
2011116.16
201052.03
200915.22
200814.87
200718.73
200615.72
2005-
20042.1
20030.45

Goldgroup Mining Aktienanalyse

What does Goldgroup Mining do?

Goldgroup Mining Inc is a Canadian mining company specializing in exploring, developing, and operating gold and silver mines in Mexico. The company was founded in 1984 and is headquartered in Vancouver, British Columbia. Goldgroup Mining Inc has become a leading gold and silver producer in Mexico over the years and currently operates several mining projects in the country. The business model of Goldgroup Mining Inc is based on acquiring undeveloped and underdeveloped precious metal projects and converting them into producing mines. The company pursues a strategy focused on organic growth and targeted acquisitions. The vision is to become a leading precious metal producer in Mexico and a preferred partner for other mining companies in the region. Goldgroup operates two main projects in Mexico: one in Sonora and the other in Sinaloa. The Sonora project includes two underground open-pit mines and a concentrator plant for processing the extracted material. The Caballo Blanco pit is located in the Sierra Madre Occidental in the state of Sinaloa. Together, these mines produce approximately 50,000 ounces of gold equivalent annually. Gold and silver production are the main products offered by Goldgroup Mining Inc. The company has also found other important precious metals such as copper, zinc, and lead in its mines. These are usually produced as by-products or blends with the main products. However, the focus of Goldgroup Mining Inc is on the production of gold and silver products. In addition to exploring, developing, and producing precious metals, Goldgroup Mining Inc also offers consulting services to other mining companies. The company has the necessary expertise and experience in the mining industry to assist other companies in implementing their projects. These consulting services include conducting feasibility studies, project financing, project planning, and project management. Goldgroup Mining Inc has established a strong presence in Mexico's precious metal industry. The company has built relationships with local communities and governments to promote collaboration and cooperation. The goal of Goldgroup Mining Inc is not only to be successful but also to act responsibly and sustainably. The company makes efforts to promote environmentally friendly mining practices and ensure that its activities comply with industry standards. Overall, Goldgroup Mining Inc is a leading mining company specializing in the exploration, development, and production of precious metals in Mexico. The company pursues a strategy of organic growth and targeted acquisitions to expand its portfolio of precious metal projects. Gold and silver production are the main products offered by the company, but it also provides consulting services to other mining companies. Goldgroup Mining operates according to the highest industry standards and is also committed to acting in line with the needs of communities and the environment. Goldgroup Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Goldgroup Mining's Market Capitalization

Goldgroup Mining'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 Goldgroup Mining'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

Goldgroup Mining'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 Goldgroup Mining’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 Goldgroup Mining stock

What is the current Goldgroup Mining market capitalization?

The current market capitalization of Goldgroup Mining is 644,654.55 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 Goldgroup Mining.

How has the market capitalization of Goldgroup Mining developed in recent years?

The market capitalization of Goldgroup Mining has increased/decreased by -50.68% 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 Goldgroup Mining?

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 Goldgroup Mining?

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 Goldgroup Mining 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 Goldgroup Mining pay?

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

What is the dividend yield of Goldgroup Mining?

The current dividend yield of Goldgroup Mining is .

When does Goldgroup Mining pay dividends?

Goldgroup Mining pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Goldgroup Mining?

Goldgroup Mining paid dividends every year for the past 0 years.

What is the dividend of Goldgroup Mining?

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

In which sector is Goldgroup Mining located?

Goldgroup Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Goldgroup Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goldgroup Mining from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.

When did Goldgroup Mining pay the last dividend?

The last dividend was paid out on 11/17/2024.

What was the dividend of Goldgroup Mining in the year 2023?

In the year 2023, Goldgroup Mining distributed 0 USD as dividends.

In which currency does Goldgroup Mining pay out the dividend?

The dividends of Goldgroup Mining are distributed in USD.

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Andere Kennzahlen von Goldgroup Mining

Our stock analysis for Goldgroup Mining 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 Goldgroup Mining Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.