Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Xtra-Gold Resources Corp. is focused on the discovery and advancement of gold deposits throughout Ghana, West Africa. Its extensive mining interests cover a total area of 225.87 square kilometers, which includes the Kibi project at 33.65 square kilometers, the Banso project spanning 51.67 square kilometers, the Muoso project encompassing 55.28 square kilometers, the Kwabeng project with 44.76 square kilometers, and the Pameng project measuring 40.51 square kilometers. The company, initially incorporated in 1998 as RetinaPharma International, Inc., adopted its current name, Xtra-Gold Resources Corp., in December 2003. It maintains its corporate headquarters in Nassau, Bahamas.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, overvalued on P/FC.