Engold Mines Stock Analysis

GWRRF Stock  USD 0.05  0.03  142.72%   
EnGold Mines is overvalued with Real Value of 0.0384 and Hype Value of 0.05. The main objective of EnGold Mines pink sheet analysis is to determine its intrinsic value, which is an estimate of what EnGold Mines is worth, separate from its market price. There are two main types of EnGold Mines' stock analysis: fundamental analysis and technical analysis.
The EnGold Mines pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and EnGold Mines' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in EnGold Mines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

EnGold Pink Sheet Analysis Notes

About 42.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.73. Some equities with similar Price to Book (P/B) outperform the market in the long run. EnGold Mines recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 6th of August 2021. EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. EnGold Mines Ltd. was founded in 1987 and is based in Vancouver, Canada. Engold Mines is traded on OTC Exchange in the United States.The quote for EnGold Mines is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about EnGold Mines call BA MBA at 604 682 2421 or check out https://www.engold.ca.

EnGold Mines Investment Alerts

EnGold Mines is way too risky over 90 days horizon
EnGold Mines has some characteristics of a very speculative penny stock
EnGold Mines appears to be risky and price may revert if volatility continues
EnGold Mines has accumulated 60 K in total debt with debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from borrowing. EnGold Mines has a current ratio of 0.14, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist EnGold Mines until it has trouble settling it off, either with new capital or with free cash flow. So, EnGold Mines' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EnGold Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EnGold to invest in growth at high rates of return. When we think about EnGold Mines' use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (2.3 M) with loss before overhead, payroll, taxes, and interest of (826.7 K).
EnGold Mines has accumulated about 56.41 K in cash with (3.53 M) of positive cash flow from operations.
Roughly 42.0% of EnGold Mines shares are held by company insiders

EnGold Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EnGold Mines's market, we take the total number of its shares issued and multiply it by EnGold Mines's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 21st of July, EnGold Mines shows the standard deviation of 95.68, and Mean Deviation of 35.22. EnGold Mines technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm EnGold Mines coefficient of variation and maximum drawdown to decide if EnGold Mines is priced more or less accurately, providing market reflects its regular price of 0.05 per share. As EnGold Mines appears to be a penny stock we also advise to verify its information ratio numbers.

EnGold Mines Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of EnGold Mines for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out EnGold Mines short-term fluctuations and highlight longer-term trends or cycles.

EnGold Mines Predictive Daily Indicators

EnGold Mines intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of EnGold Mines pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

EnGold Mines Forecast Models

EnGold Mines' time-series forecasting models are one of many EnGold Mines' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary EnGold Mines' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About EnGold Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how EnGold Mines prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling EnGold shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as EnGold Mines. By using and applying EnGold Pink Sheet analysis, traders can create a robust methodology for identifying EnGold entry and exit points for their positions.
EnGold Mines Ltd. explores for and evaluates mineral properties in Canada. EnGold Mines Ltd. was founded in 1987 and is based in Vancouver, Canada. Engold Mines is traded on OTC Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding EnGold Mines to your portfolios without increasing risk or reducing expected return.

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When running EnGold Mines' price analysis, check to measure EnGold Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EnGold Mines is operating at the current time. Most of EnGold Mines' value examination focuses on studying past and present price action to predict the probability of EnGold Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnGold Mines' price. Additionally, you may evaluate how the addition of EnGold Mines to your portfolios can decrease your overall portfolio volatility.
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