Analysis Xtra-Gold Resources Corp. (XTGRF)
6/5/2024
Analysis of Xtra-Gold Resources Corp. (XTGRF)
Xtra-Gold Resources Corp. (XTGRF) has shown some interesting price movements and technical indicators in recent days. Here are some key points from the data provided:1. Price Movement:
- The stock price closed at $0.76, with a high of $0.77 and a low of $0.70. There has been some volatility in the price, but it seems to be consolidating around the $0.76 level.
2. Technical Indicators:
- RSI Indicator: The Relative Strength Index (RSI) is currently at 16.80, indicating that the stock may be oversold. This could potentially signal a buying opportunity.
- MACD Indicator: The MACD line is slightly below the signal line, with a negative MACD histogram. This suggests a bearish momentum in the short term.
- Moving Averages: The stock price is above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA). This could indicate a bullish trend in the medium to long term.
3. Recent Performance:
- The stock has been trading in a range, with the price closing around $0.96 in the most recent trading sessions. The RSI has improved to 62.44, indicating a potential shift towards bullish momentum.
- The MACD histogram has also turned positive, suggesting a possible reversal in the short-term bearish trend.
Overall, Xtra-Gold Resources Corp. shows signs of potential bullish momentum in the medium to long term, based on the moving averages. However, short-term indicators like the RSI and MACD suggest some caution due to recent volatility. Traders and investors may want to monitor the stock closely for further confirmation of a trend reversal.
Revenue estimate
The analysts' estimates for the future quarterly and annual sales of the company indicate a moderate growth trend.For the current quarter ending on June 30, 2024, the average sales estimate is $77,545,400,000, with a sales growth of 2% compared to the same quarter last year. The number of analysts providing estimates is 25.
Looking ahead to the next quarter ending on September 30, 2024, the average sales estimate increases to $85,501,800,000, with a sales growth of 3% compared to the previous year. Again, 25 analysts have contributed to these estimates.
For the current fiscal year ending on September 30, 2024, the average sales estimate is $357,772,000,000, showing a 1% growth compared to the previous year. The number of analysts providing estimates for the full year increases to 38.
In the following fiscal year ending on September 30, 2025, the average sales estimate is projected to reach $380,772,000,000, indicating a more significant growth of 6% compared to the previous fiscal year. The number of analysts remains at 38.
Overall, the estimates suggest a steady growth trajectory for the company's sales in both the short term and the long term, with a slightly more optimistic outlook for the upcoming fiscal year.
Growth estimates
Based on the consensus estimates provided by analysts, we can draw the following conclusions regarding the growth rate of the company for different periods:1. Current Quarter: The estimated growth rate for the current quarter is 5.1%.
2. Next Quarter: The estimated growth rate for the next quarter is 5.2%.
3. Current Year: The estimated growth rate for the current year is 7.6%.
4. Next Year: The estimated growth rate for the next year is 9.7%.
5. Past 5 Years (per annum): The average annual growth rate for the past 5 years is 20.1%.
6. Next 5 Years (per annum): The estimated average annual growth rate for the next 5 years is 9.7%.
These estimates suggest a positive growth trend for the company, with a slightly lower growth rate expected in the next 5 years compared to the past 5 years. It indicates a consistent growth trajectory with a moderate acceleration in the near future.
Price target
The analysts' forecast for the future price of the security is as follows:- Low: $164
- High: $275
- Median: $201.43
- Average: $204.58
- Current price: $192.25
Based on these forecasts, it can be observed that the analysts have a wide range of opinions regarding the future price of the security, with the low end being $164, the high end being $275, and the average forecast at $204.58. The current price of the security is $192.25.
Earnings
The company's results for the most recent quarter, ending on April 30, 2025, have not been provided at this time. The previous quarter's results, ending on February 27, 2025, were handled by the Transfer Agent. The quarter before that, ending on January 31, 2025, had results released after hours. The results for the quarter ending on October 31, 2024, were not provided at the time. However, for the quarter ending on August 1, 2024, the company reported an earnings per share (EPS) estimate of 1.32.Main Statystic ðŸ§
The data provided includes financials, stock statistics, valuation metrics, stock price summary, and dividends and splits information for a specific company.In terms of financials, the company has strong operating cash flow and levered free cash flow, with a positive current ratio and a high total debt to equity ratio. The profit margin and operating margin are also healthy, indicating efficient operations. The company's fiscal year ends in September 2023, and the most recent quarter reported is March 2024. The company shows good returns on assets and equity.
Looking at stock statistics, the company has a low short ratio and a significant percentage held by institutions. The stock price summary shows volatility with a beta of 1.264 and a change in the fifty-two week range.
Valuation metrics indicate a high PEG ratio and price to book ratio, with the company's market capitalization and enterprise value also provided.
Lastly, dividends and splits information show details about dividend rates, payout ratios, dividend dates, and historical splits for the company.
Income statement 💸
These are the revenues. Here are the conclusions:1. The company's sales have been increasing steadily over the past four fiscal years, from $274.5 billion in 2020 to $383.3 billion in 2023.
2. Despite the increase in sales, the net income has also shown a positive trend, growing from $57.4 billion in 2020 to $97 billion in 2023.
3. The company's EBITDA has also been increasing over the years, indicating improved operational efficiency and profitability.
4. The basic and diluted earnings per share (EPS) have remained relatively stable over the years, with slight fluctuations.
5. The company has been able to maintain a healthy gross profit margin, which is reflected in the growth of its net income.
6. Overall, the financial performance of the company seems to be on an upward trajectory, with increasing sales and profitability.
Balance Sheet
These are balance sheets. Here are the conclusions based on the provided data:1. The total assets have been increasing over the years, reaching the highest value in 2023 at $352,583,000,000.
2. Current assets fluctuate slightly from year to year, with the highest value in 2019 at $162,819,000,000.
3. Non-current assets have been increasing steadily, with the highest value in 2023 at $209,017,000,000.
4. Total liabilities have also been increasing, reaching the highest value in 2023 at $290,437,000,000.
5. Shareholders' equity has been fluctuating, with the highest value in 2023 at $62,146,000,000.
6. The company seems to be investing more in non-current assets over the years, which could indicate long-term growth strategies.
7. The increase in total liabilities suggests that the company may be relying more on external funding sources.
8. The fluctuations in shareholders' equity indicate changes in the company's retained earnings and other equity components over the years.
Cash Flow 💶
This is the cash flow statement. Here are some conclusions we can draw from the data:1. The company's free cash flow has been fluctuating over the years, with the highest value recorded in 2022 and the lowest in 2020.
2. Operating cash flow has generally been increasing year over year, indicating improved operational efficiency.
3. The company has been consistently paying interest and income taxes, with varying amounts each year.
4. Financing activities show significant fluctuations, especially in common stock repurchases and long-term debt issuuance.
5. Investing activities also vary, with notable amounts spent on the sale and purchase of investments.
6. The end cash position has been fluctuating, but generally, the company has maintained a healthy cash balance.
7. Dividends paid out to common shareholders have also varied, reflecting changes in the company's dividend policy.
8. Stock-based compensation has been a significant factor in the company's operating activities, impacting its cash flow.
9. Overall, the company's cash flow statement reflects a mix of stable and fluctuating financial activities, indicating a dynamic business environment.
Earnings estimate
Based on the analysts' estimates for future quarterly and annual earnings per share:1. For the current quarter ending on June 30, 2024, the average EPS estimate is $1.23, with a low estimate of $1.18 and a high estimate of $1.26. This shows an improvement compared to the EPS of $1.17 from the same quarter a year ago.
2. For the next quarter ending on September 30, 2024, the average EPS estimate is $1.42, with a low estimate of $1.33 and a high estimate of $1.51. This also indicates growth from the EPS of $1.35 in the same quarter last year.
3. Looking at the estimates for the current year ending on September 30, 2024, the average EPS estimate is $6.10, ranging from a low estimate of $5.95 to a high estimate of $6.41. This reflects an increase from the EPS of $5.67 for the previous year.
4. For the next year ending on September 30, 2025, the average EPS estimate is $6.69, with a low estimate of $5.92 and a high estimate of $7.31. This suggests a growth trajectory from the EPS of $6.10 in the current year.
Overall, the analysts' estimates point towards a positive outlook for the company's earnings per share, showing a trend of expected growth in both the short term and the long term.
MACD of XTGRF
This is not investment advice. Remember to verify the information provided here.
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