GoGold Resources (TSX:GGD) EV-to-OCF: 18.44 (As of Aug. 23, 2026)

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Founder & CEO of GuruFocus
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TSX:GGD GoGold Resources Inc TSX:GGD
83 GF Score
Price C$4.14
GF Value C$3.54
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is GoGold Resources EV-to-OCF?

GoGold Resources TSX:GGD -0.24% 83 EV-to-OCF is 18.44 as of Aug. 23, 2026. GuruFocus rates TSX:GGD with a GF Score™ of 83/100 and a GF Value™ of C$3.54 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,668 Metals & Mining companies, GoGold Resources ranks worse than 91.45% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GoGold Resources's Enterprise Value is C$1,601.4 Mil. GoGold Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$86.8 Mil. Therefore, GoGold Resources's EV-to-OCF for today is 18.44.

The historical rank and industry rank for GoGold Resources's EV-to-OCF or its related term are showing as below:

TSX:GGD' s EV-to-OCF Range Over the Past 10 Years
Min: -906.85   Med: -3.91   Max: 25182.25
Current: 18.44

During the past 13 years, the highest EV-to-OCF of GoGold Resources was 25182.25. The lowest was -906.85. And the median was -3.91.

TSX:GGD's EV-to-OCF is ranked worse than
91.45% of 2668 companies
in the Metals & Mining industry
Industry Median: -8.805 vs TSX:GGD: 18.44

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-23), GoGold Resources's stock price is C$4.14. GoGold Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was C$0.154. Therefore, GoGold Resources's PE Ratio (TTM) for today is 26.88.


GoGold Resources  (TSX:GGD) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

GoGold Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.14/0.154
=26.88

GoGold Resources's share price for today is C$4.14.
GoGold Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.154.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


GoGold Resources EV-to-OCF Related Terms


GoGold Resources EV-to-OCF Historical Data

* Premium members only.

The historical data trend for GoGold Resources's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GoGold Resources EV-to-OCF Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.65 -283.70 -26.52 -21.25 23.33

GoGold Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.40 23.33 24.23 13.27 11.28

TSX:GGD vs HL: EV-to-OCF Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GoGold Resources EV-to-OCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GoGold Resources's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where GoGold Resources's EV-to-OCF falls into.


TSX:GGD
83GF Score
GoGold Resources Inc TSX:GGD
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GoGold Resources EV-to-OCF Calculation

GoGold Resources's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1601.365/86.837
=18.44

GoGold Resources's current Enterprise Value is C$1,601.4 Mil.
GoGold Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$86.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 18.44 mean?
GoGold Resources (TSX:GGD) has a EV-to-OCF of 18.44 as of Aug. 23, 2026. According to the industry distribution chart, GoGold Resources ranks #2440 out of 2668 companies in the Metals & Mining industry, placing it in the top 91.5%.
Is GoGold Resources' EV-to-OCF too high?
GoGold Resources' current EV-to-OCF is 18.44. Based on the distribution chart, GoGold Resources ranks #2440 out of 2668 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoGold Resources has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' EV-to-OCF compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #2440 out of 2668 companies for EV-to-OCF. This places GoGold Resources in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Metals & Mining company?
A good EV-to-OCF depends on the Metals & Mining industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. GoGold Resources's current EV-to-OCF is 18.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (TSX:GGD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$3.54, compared to a current price of C$4.14 — trading 16.9% above its estimated fair value. The current EV-to-OCF is 18.44. GoGold Resources' overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For GoGold Resources (TSX:GGD), the current EV-to-OCF is 18.44 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GoGold Resources (TSX:GGD) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be overvalued. The current stock price of C$4.14 is trading 16.9% above its estimated GF Value™ of C$3.54. GuruFocus considers GoGold Resources to be Modestly Overvalued.

Key valuation signals for TSX:GGD:

  • EV-to-OCF: 18.44
  • GF Value™: C$3.54 vs. price of C$4.14 (16.9% above fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the TSX:GGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GLGDF:USAGGD:Germany
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
83GF Score

Get the complete analysis for TSX:GGD

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.14
Price
C$3.54
GF Value