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GMGI (Golden Matrix Group Inc) Stock Analysis
Buy, Hold or Sell?

Let's analyze Golden Matrix Group Inc together

I guess you are interested in Golden Matrix Group Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Golden Matrix Group Inc’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Golden Matrix Group Inc’s Price Targets

I'm going to help you getting a better view of Golden Matrix Group Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Golden Matrix Group Inc (30 sec.)










1.2. What can you expect buying and holding a share of Golden Matrix Group Inc? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
5.3%

What is your share worth?

Current worth
$0.81
Expected worth in 1 year
$1.39
How sure are you?
86.8%

+ What do you gain per year?

Total Gains per Share
$0.58
Return On Investment
35.5%

For what price can you sell your share?

Current Price per Share
$1.64
Expected price per share
$1.33 - $2.18
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Golden Matrix Group Inc (5 min.)




Live pricePrice per Share (EOD)
$1.64
Intrinsic Value Per Share
$0.63 - $2.00
Total Value Per Share
$1.45 - $2.81

2.2. Growth of Golden Matrix Group Inc (5 min.)




Is Golden Matrix Group Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$112.3m$31.2m$71.3m69.5%

How much money is Golden Matrix Group Inc making?

Current yearPrevious yearGrowGrow %
Making money-$1.4m$324.6k-$1.7m-122.8%
Net Profit Margin-3.3%-0.2%--

How much money comes from the company's main activities?

2.3. Financial Health of Golden Matrix Group Inc (5 min.)




2.4. Comparing to competitors in the Electronic Gaming & Multimedia industry (5 min.)




  Industry Rankings (Electronic Gaming & Multimedia)  


Richest
#62 / 124

Most Revenue
#59 / 124

Most Profit
#81 / 124
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Golden Matrix Group Inc?

Welcome investor! Golden Matrix Group Inc's management wants to use your money to grow the business. In return you get a share of Golden Matrix Group Inc.

First you should know what it really means to hold a share of Golden Matrix Group Inc. And how you can make/lose money.

Speculation

The Price per Share of Golden Matrix Group Inc is $1.64. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Golden Matrix Group Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Golden Matrix Group Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.81. Based on the TTM, the Book Value Change Per Share is $0.14 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Golden Matrix Group Inc.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.00-0.1%-0.01-0.6%0.000.1%0.00-0.2%0.00-0.1%-0.01-0.3%
Usd Book Value Change Per Share0.021.5%0.148.8%0.000.2%0.053.1%0.042.4%0.021.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.021.5%0.158.9%0.000.2%0.053.1%0.042.4%0.021.3%
Usd Price Per Share1.73-2.51-2.43-2.85-4.14-26,317.97-
Price to Earnings Ratio-258.06-398.57-2.16-149.91-947.76--2,340,261.78-
Price-to-Total Gains Ratio69.76-36.97-2,305.86-1,200.09-985.69-137,769,487.09-
Price to Book Ratio2.13-3.49-10.76-10.39-36.80--2,198,556.39-
Price-to-Total Gains Ratio69.76-36.97-2,305.86-1,200.09-985.69-137,769,487.09-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.64
Number of shares609
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.140.04
Usd Total Gains Per Share0.150.04
Gains per Quarter (609 shares)88.5624.32
Gains per Year (609 shares)354.2497.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1235334419787
237056981193184
35105810522290281
47141014063386378
58176317603483475
610211521144580572
712246824685676669
814282028225773766
915317331766869863
1017352635307966960

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%5.07.00.041.7%13.07.00.065.0%23.015.00.060.5%23.036.00.039.0%
Book Value Change Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%33.05.00.086.8%40.019.00.067.8%
Dividend per Share1.00.03.025.0%2.00.010.016.7%2.00.018.010.0%2.00.036.05.3%2.00.057.03.4%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%33.05.00.086.8%40.019.00.067.8%
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3.2. Key Performance Indicators

The key performance indicators of Golden Matrix Group Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0250.145-83%0.003+741%0.051-52%0.040-38%0.022+14%
Book Value Per Share--0.8110.740+10%0.225+260%0.393+106%0.273+197%0.135+502%
Current Ratio--0.7410.803-8%5.297-86%3.917-81%6.412-88%3.656-80%
Debt To Asset Ratio--0.4750.508-7%0.122+288%0.247+92%0.204+133%8.364-94%
Debt To Equity Ratio--0.9361.070-13%0.140+571%0.449+109%0.340+176%0.353+165%
Dividend Per Share---0.001-100%0.001-100%0.000-100%0.000-100%0.000-100%
Enterprise Value--137495080.000252388556.000-46%348984334.500-61%371501333.750-63%562669809.550-76%3647452908202.206-100%
Eps---0.002-0.010+516%0.002-207%-0.004+112%-0.002-8%-0.005+216%
Ev To Sales Ratio--0.8051.516-47%6.340-87%7.221-89%37.408-98%19.538-96%
Free Cash Flow Per Share--0.0310.022+40%0.004+642%0.008+272%0.007+367%0.004+756%
Free Cash Flow To Equity Per Share---0.0050.021-124%0.025-120%0.016-133%0.015-133%0.008-163%
Gross Profit Margin--1.0001.383-28%0.536+86%0.973+3%0.984+2%0.991+1%
Intrinsic Value_10Y_max--2.003----------
Intrinsic Value_10Y_min--0.635----------
Intrinsic Value_1Y_max--0.058----------
Intrinsic Value_1Y_min--0.023----------
Intrinsic Value_3Y_max--0.282----------
Intrinsic Value_3Y_min--0.105----------
Intrinsic Value_5Y_max--0.638----------
Intrinsic Value_5Y_min--0.225----------
Market Cap227290880.000-5%239071200.000348385640.000-31%336778560.000-29%395506920.000-40%573757020.800-58%3647460269291.706-100%
Net Profit Margin---0.005-0.033+515%-0.002-60%-0.019+250%0.024-122%1.309-100%
Operating Margin----0.0060%0.008-100%-0.0020%0.036-100%-2.1890%
Operating Ratio--1.4361.324+8%0.992+45%1.108+30%1.009+42%1.073+34%
Pb Ratio2.023-5%2.1273.490-39%10.759-80%10.391-80%36.802-94%-2198556.389+103345293%
Pe Ratio-245.340+5%-258.056398.570-165%2.165-12020%149.908-272%947.761-127%-2340261.784+906782%
Price Per Share1.640-5%1.7252.514-31%2.430-29%2.854-40%4.140-58%26317.971-100%
Price To Free Cash Flow Ratio13.238-5%13.9240.221+6196%181.812-92%842.722-98%721.635-98%-3427398.854+24615619%
Price To Total Gains Ratio66.322-5%69.76036.972+89%2305.856-97%1200.095-94%985.687-93%137769487.092-100%
Quick Ratio--0.1110.261-57%4.818-98%3.438-97%6.069-98%3.476-97%
Return On Assets---0.001-0.007+516%0.008-113%-0.002+82%0.006-118%0.493-100%
Return On Equity---0.002-0.014+577%0.010-122%-0.004+104%0.006-134%0.048-104%
Total Gains Per Share--0.0250.145-83%0.004+580%0.051-52%0.040-38%0.022+13%
Usd Book Value--112377647.000102576889.250+10%31251495.500+260%54516536.333+106%37793123.700+197%18655544.684+502%
Usd Book Value Change Per Share--0.0250.145-83%0.003+741%0.051-52%0.040-38%0.022+14%
Usd Book Value Per Share--0.8110.740+10%0.225+260%0.393+106%0.273+197%0.135+502%
Usd Dividend Per Share---0.001-100%0.001-100%0.000-100%0.000-100%0.000-100%
Usd Enterprise Value--137495080.000252388556.000-46%348984334.500-61%371501333.750-63%562669809.550-76%3647452908202.206-100%
Usd Eps---0.002-0.010+516%0.002-207%-0.004+112%-0.002-8%-0.005+216%
Usd Free Cash Flow--4292513.0002303167.000+86%578833.500+642%1057854.583+306%873814.800+391%488548.053+779%
Usd Free Cash Flow Per Share--0.0310.022+40%0.004+642%0.008+272%0.007+367%0.004+756%
Usd Free Cash Flow To Equity Per Share---0.0050.021-124%0.025-120%0.016-133%0.015-133%0.008-163%
Usd Market Cap227290880.000-5%239071200.000348385640.000-31%336778560.000-29%395506920.000-40%573757020.800-58%3647460269291.706-100%
Usd Price Per Share1.640-5%1.7252.514-31%2.430-29%2.854-40%4.140-58%26317.971-100%
Usd Profit---231608.000-1425647.750+516%324650.000-171%-448578.083+94%-188569.250-19%-702351.553+203%
Usd Revenue--42723053.00042246999.500+1%16382321.750+161%22704392.917+88%14949875.150+186%8017739.974+433%
Usd Total Gains Per Share--0.0250.145-83%0.004+580%0.051-52%0.040-38%0.022+13%
 EOD+3 -5MRQTTM+19 -19YOY+16 -233Y+18 -205Y+12 -2710Y+17 -21

3.3 Fundamental Score

Let's check the fundamental score of Golden Matrix Group Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-245.340
Price to Book Ratio (EOD)Between0-12.023
Net Profit Margin (MRQ)Greater than0-0.005
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.111
Current Ratio (MRQ)Greater than10.741
Debt to Asset Ratio (MRQ)Less than10.475
Debt to Equity Ratio (MRQ)Less than10.936
Return on Equity (MRQ)Greater than0.15-0.002
Return on Assets (MRQ)Greater than0.05-0.001
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Golden Matrix Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.251
Ma 20Greater thanMa 501.723
Ma 50Greater thanMa 1001.803
Ma 100Greater thanMa 2001.900
OpenGreater thanClose1.620
Total0/5 (0.0%)

4. In-depth Analysis

4.1 About Golden Matrix Group Inc

Golden Matrix Group, Inc. operates as an B2B and B2C gaming technology company in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and casino, and gaming services. The company is based in Las Vegas, Nevada.

Fundamental data was last updated by Penke on 2025-06-09 00:56:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Golden Matrix Group Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • A Net Profit Margin of -0.5%Β means thatΒ $-0.01 for each $1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Golden Matrix Group Inc:

  • The MRQ is -0.5%. The company is not making a profit/loss.
  • The TTM is -3.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-0.5%TTM-3.3%+2.8%
TTM-3.3%YOY-0.2%-3.1%
TTM-3.3%5Y2.4%-5.8%
5Y2.4%10Y130.9%-128.4%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.5%3.7%-4.2%
TTM-3.3%-1.9%-1.4%
YOY-0.2%1.4%-1.6%
3Y-1.9%-1.9%+0.0%
5Y2.4%-1.5%+3.9%
10Y130.9%1.5%+129.4%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Golden Matrix Group Inc is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • -0.1% Return on Assets means thatΒ Golden Matrix Group Inc generatedΒ $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Golden Matrix Group Inc:

  • The MRQ is -0.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM-0.7%+0.6%
TTM-0.7%YOY0.8%-1.5%
TTM-0.7%5Y0.6%-1.3%
5Y0.6%10Y49.3%-48.7%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%0.7%-0.8%
TTM-0.7%0.2%-0.9%
YOY0.8%0.2%+0.6%
3Y-0.2%-0.5%+0.3%
5Y0.6%-0.2%+0.8%
10Y49.3%1.4%+47.9%
4.3.1.3. Return on Equity

Shows how efficient Golden Matrix Group Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • -0.2% Return on Equity means Golden Matrix Group Inc generated $0.00Β for eachΒ $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Golden Matrix Group Inc:

  • The MRQ is -0.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM-1.4%+1.2%
TTM-1.4%YOY1.0%-2.4%
TTM-1.4%5Y0.6%-2.1%
5Y0.6%10Y4.8%-4.1%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%1.0%-1.2%
TTM-1.4%0.2%-1.6%
YOY1.0%0.3%+0.7%
3Y-0.4%-0.7%+0.3%
5Y0.6%-0.1%+0.7%
10Y4.8%2.7%+2.1%
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4.3.2. Operating Efficiency of Golden Matrix Group Inc.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Golden Matrix Group Inc is operatingΒ .

  • Measures how much profit Golden Matrix Group Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • An Operating Margin of 0.0%Β means the company generated $0.00 Β for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Golden Matrix Group Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.6%+0.6%
TTM-0.6%YOY0.8%-1.4%
TTM-0.6%5Y3.6%-4.2%
5Y3.6%10Y-218.9%+222.5%
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.8%-9.8%
TTM-0.6%0.2%-0.8%
YOY0.8%2.0%-1.2%
3Y-0.2%1.1%-1.3%
5Y3.6%3.3%+0.3%
10Y-218.9%4.7%-223.6%
4.3.2.2. Operating Ratio

Measures how efficient Golden Matrix Group Inc is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Electronic Gaming & Multimedia industry mean).
  • An Operation Ratio of 1.44 means that the operating costs are $1.44 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Golden Matrix Group Inc:

  • The MRQ is 1.436. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.324. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.436TTM1.324+0.112
TTM1.324YOY0.992+0.332
TTM1.3245Y1.009+0.314
5Y1.00910Y1.073-0.064
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4361.217+0.219
TTM1.3241.124+0.200
YOY0.9921.052-0.060
3Y1.1081.094+0.014
5Y1.0091.061-0.052
10Y1.0731.013+0.060
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4.4.3. Liquidity of Golden Matrix Group Inc.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Golden Matrix Group Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Electronic Gaming & Multimedia industry mean).
  • A Current Ratio of 0.74Β means the company has $0.74 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Golden Matrix Group Inc:

  • The MRQ is 0.741. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.803. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.741TTM0.803-0.062
TTM0.803YOY5.297-4.494
TTM0.8035Y6.412-5.609
5Y6.41210Y3.656+2.756
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7412.168-1.427
TTM0.8032.168-1.365
YOY5.2972.709+2.588
3Y3.9172.596+1.321
5Y6.4122.637+3.775
10Y3.6562.674+0.982
4.4.3.2. Quick Ratio

Measures if Golden Matrix Group Inc is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • A Quick Ratio of 0.11Β means the company can pay off $0.11 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Golden Matrix Group Inc:

  • The MRQ is 0.111. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.261. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.111TTM0.261-0.149
TTM0.261YOY4.818-4.558
TTM0.2615Y6.069-5.809
5Y6.06910Y3.476+2.594
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1110.881-0.770
TTM0.2611.212-0.951
YOY4.8181.588+3.230
3Y3.4381.838+1.600
5Y6.0691.910+4.159
10Y3.4762.183+1.293
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4.5.4. Solvency of Golden Matrix Group Inc.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of Golden Matrix Group IncΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Golden Matrix Group Inc to Electronic Gaming & Multimedia industry mean.
  • A Debt to Asset Ratio of 0.47Β means that Golden Matrix Group Inc assets areΒ financed with 47.5% credit (debt) and the remaining percentage (100% - 47.5%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Golden Matrix Group Inc:

  • The MRQ is 0.475. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.508. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.475TTM0.508-0.033
TTM0.508YOY0.122+0.385
TTM0.5085Y0.204+0.304
5Y0.20410Y8.364-8.160
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4750.282+0.193
TTM0.5080.284+0.224
YOY0.1220.259-0.137
3Y0.2470.270-0.023
5Y0.2040.295-0.091
10Y8.3640.314+8.050
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Golden Matrix Group Inc is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • A Debt to Equity ratio of 93.6% means that company has $0.94 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Golden Matrix Group Inc:

  • The MRQ is 0.936. The company is very able to pay all its debts with equity. +2
  • The TTM is 1.070. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ0.936TTM1.070-0.135
TTM1.070YOY0.140+0.931
TTM1.0705Y0.340+0.731
5Y0.34010Y0.353-0.013
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9360.368+0.568
TTM1.0700.395+0.675
YOY0.1400.346-0.206
3Y0.4490.377+0.072
5Y0.3400.385-0.045
10Y0.3530.429-0.076
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every $1 in earnings Golden Matrix Group Inc generates.

  • Above 15 is considered overpriced butΒ always compareΒ Golden Matrix Group Inc to theΒ Electronic Gaming & Multimedia industry mean.
  • A PE ratio of -258.06 means the investor is paying $-258.06Β for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Golden Matrix Group Inc:

  • The EOD is -245.340. Based on the earnings, the company is expensive. -2
  • The MRQ is -258.056. Based on the earnings, the company is expensive. -2
  • The TTM is 398.570. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-245.340MRQ-258.056+12.716
MRQ-258.056TTM398.570-656.626
TTM398.570YOY2.165+396.405
TTM398.5705Y947.761-549.191
5Y947.76110Y-2,340,261.784+2,341,209.545
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD-245.3406.538-251.878
MRQ-258.0567.240-265.296
TTM398.5707.598+390.972
YOY2.165-0.449+2.614
3Y149.90812.159+137.749
5Y947.76115.001+932.760
10Y-2,340,261.78412.886-2,340,274.670
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Golden Matrix Group Inc:

  • The EOD is 13.238. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 13.924. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.221. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD13.238MRQ13.924-0.686
MRQ13.924TTM0.221+13.703
TTM0.221YOY181.812-181.590
TTM0.2215Y721.635-721.414
5Y721.63510Y-3,427,398.854+3,428,120.489
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD13.2381.962+11.276
MRQ13.9241.962+11.962
TTM0.221-0.660+0.881
YOY181.812-1.372+183.184
3Y842.722-1.625+844.347
5Y721.6350.905+720.730
10Y-3,427,398.8542.241-3,427,401.095
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Golden Matrix Group Inc is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Electronic Gaming & Multimedia industry mean).
  • A PB ratio of 2.13 means the investor is paying $2.13Β for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Golden Matrix Group Inc:

  • The EOD is 2.023. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.127. Based on the equity, the company is underpriced. +1
  • The TTM is 3.490. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.023MRQ2.127-0.105
MRQ2.127TTM3.490-1.362
TTM3.490YOY10.759-7.269
TTM3.4905Y36.802-33.312
5Y36.80210Y-2,198,556.389+2,198,593.191
Compared to industry (Electronic Gaming & Multimedia)
PeriodCompanyIndustry (mean)+/- 
EOD2.0231.591+0.432
MRQ2.1271.606+0.521
TTM3.4901.674+1.816
YOY10.7592.287+8.472
3Y10.3912.333+8.058
5Y36.8023.273+33.529
10Y-2,198,556.3893.530-2,198,559.919
4.6.2. Total Gains per Share

2.4. Latest News of Golden Matrix Group Inc

Does Golden Matrix Group Inc still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Golden Matrix Group Inc to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-06-13
15:38
On World Blood Donor Day, Meridianbet Turns Its Annual Employee Drive into a Global CSR TraditionRead
2025-06-04
19:50
Meridianbet Seals Sponsorship Deal with Aquatic Sports Association of Malta (ASA)Read

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Golden Matrix Group Inc.

4.8.1. Institutions holding Golden Matrix Group Inc

Institutions are holding 2.494% of the shares of Golden Matrix Group Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-03-31BlackRock Inc0.86470.000111984546240.0521
2025-03-31Geode Capital Management, LLC0.49030.0001679498560008.9816
2025-03-31Vanguard Group Inc0.402805581926638113.4973
2025-03-31Northern Trust Corp0.13230.0001183338140308.2867
2025-03-31State Street Corp0.058308080400
2024-12-31Susquehanna International Group, LLP0.0581080492-12981-13.8874
2025-03-31Winton Capital Group Ltd0.05490.009176065760650
2025-03-31Morgan Stanley - Brokerage Accounts0.0484067080-267-0.3965
2025-03-31Squarepoint Ops LLC0.04680.0002648202245553.0037
2025-03-31Goldman Sachs Group Inc0.0414057340-24621-30.0399
2025-03-31Charles Schwab Investment Management Inc0.039905529800
2025-03-31Bank of New York Mellon Corp0.0235032600-8032-19.7677
2024-12-31Nuveen Asset Management, LLC0.019102652000
2025-03-31CAMBRIDGE Invest RESEARCH ADVISORS, INC.0.01760.00022437900
2025-03-31Barclays PLC0.017023558-8979-27.5963
2024-12-31UBS Group AG0.0149020601884575.2382
2025-03-31Kera Capital Partners, Inc.0.01440.01172000000
2025-03-31Rhumbline Advisers0.0131018127-88322-82.9712
2025-03-31Citigroup Inc0.0111015386-1053-6.4055
2025-03-31Enhanced Investment Technologies Inc0.010.000313804138040
Total 2.37860.02183296356+113949+3.5%

4.9.2. Funds holding Golden Matrix Group Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2025-04-30Vanguard Institutional Extnd Mkt Idx Tr0.31350.0008434548302657.4861
2025-05-31iShares Russell 2000 ETF0.29310.001240623500
2025-03-31Fidelity Small Cap Index0.15940.0018220900186889.2418
2025-04-30Fidelity Extended Market Index0.14050.001194789-1861-0.9464
2025-05-31iShares Russell 2000 Growth ETF0.11960.002816572300
2025-04-30Vanguard Russell 2000 ETF0.08140.001811279559225.5412
2025-04-30Fidelity Total Market Index0.0440.00016094000
2025-04-30Fidelity Nasdaq Composite Index0.03960.00065493600
2025-04-30Schwab Small Cap Index0.0390.001754047700014.8787
2025-03-31NT R2000 Index Fund - NL0.03630.00175029615223.1205
2025-04-30Fidelity Series Total Market Index0.03590.00014977017413.6249
2025-05-31iShares Micro-Cap ETF0.03160.01054378500
2025-03-31NT R2000 Index Fund - DC - NL - 30.0290.0017401803890.9776
2025-04-30iShares Russell 2000 Small-Cap Idx Instl0.02860.00193965400
2025-03-31NT Ext Equity Mkt Idx Fd - L0.02860.0013958100
2025-03-31Northern Trust Extended Eq Market Idx0.02860.0013958100
2025-04-30Spartan Extended Market Index Pool F0.0270.0013740818615.2353
2025-03-31Russell 2500β„’ Index Fund F0.02550.000735352-8-0.0226
2025-03-31Russell 2000 Index Non-Lendable Fund E0.0230.001931818500.1574
2025-03-31Extended Equity Market Fund K0.01950.000427091830.3073
Total 1.54370.03372139429+65652+3.1%

5.3. Insider Transactions

Insiders are holding 85.258% of the shares of Golden Matrix Group Inc.

DateOwnerTypeAmountPricePost Transaction AmountLink
2025-05-27Richard ChristensenBUY100001.36
2025-05-06Aleksandar MilovanovicBUY1000001.94
2025-04-14Aleksandar MilovanovicBUY1460801.94
2025-04-10Aleksandar MilovanovicBUY48001.9
2025-03-31Aleksandar MilovanovicBUY50002.09
2025-03-28Thomas McchesneySELL2572.13
2025-03-26Thomas McchesneySELL75002.12
2025-03-21Aleksandar MilovanovicBUY1400001.96
2025-03-14Aleksandar MilovanovicBUY500002.17
2025-03-07Aleksandar MilovanovicBUY500002.16
2025-03-04Aleksandar MilovanovicBUY25141.97
2025-02-27Aleksandar MilovanovicBUY42121.97
2025-02-25Aleksandar MilovanovicBUY50002.04
2025-02-20Aleksandar MilovanovicBUY20002.17
2025-02-18Aleksandar MilovanovicBUY1000001.86
2025-02-14Aleksandar MilovanovicBUY1000001.85
2025-02-05Aleksandar MilovanovicBUY200001.85
2025-02-03Aleksandar MilovanovicBUY500001.8
2024-11-21Thomas McchesneySELL50002.71
2024-11-12Aleksandar MilovanovicBUY14992.69
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5. Financial Statements




5.1. Latest Balance Sheet

Balance Sheet of 2025-01-31. Currency in USD. All numbers in thousands.

Summary
Total Assets213,954
Total Liabilities101,576
Total Stockholder Equity108,527
 As reported
Total Liabilities 101,576
Total Stockholder Equity+ 108,527
Total Assets = 213,954

Assets

Total Assets213,954
Total Current Assets45,925
Long-term Assets168,029
Total Current Assets
Cash And Cash Equivalents 29,662
Net Receivables 6,888
Inventory 4,879
Other Current Assets 2,292
Total Current Assets  (as reported)45,925
Total Current Assets  (calculated)43,721
+/- 2,204
Long-term Assets
Property Plant Equipment 34,728
Goodwill 71,039
Long Term Investments 226
Intangible Assets 56,466
Long-term Assets Other 9
Long-term Assets  (as reported)168,029
Long-term Assets  (calculated)162,467
+/- 5,561

Liabilities & Shareholders' Equity

Total Current Liabilities62,002
Long-term Liabilities39,574
Total Stockholder Equity108,527
Total Current Liabilities
Short Long Term Debt 15,126
Accounts payable 17,183
Other Current Liabilities 648
Total Current Liabilities  (as reported)62,002
Total Current Liabilities  (calculated)32,957
+/- 29,045
Long-term Liabilities
Long term Debt 13,461
Capital Lease Obligations Min Short Term Debt7,128
Long-term Liabilities  (as reported)39,574
Long-term Liabilities  (calculated)20,589
+/- 18,985
Total Stockholder Equity
Retained Earnings 56,815
Total Stockholder Equity (as reported)108,527
Total Stockholder Equity (calculated)56,815
+/- 51,711
Other
Capital Stock1
Common Stock Shares Outstanding 132,087
Net Invested Capital 137,114
Net Working Capital -16,077
Property Plant and Equipment Gross 34,728



5.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2025-01-312024-10-312024-07-312024-04-302024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-04-302016-01-312015-10-312015-04-302015-01-312014-10-312014-04-302014-01-312013-10-312013-04-302013-01-312012-10-312012-04-302012-01-312011-10-312011-04-302011-01-312010-10-312010-04-302010-01-312009-10-312009-07-312009-04-302009-01-312008-10-31
> Total Assets 
62
31
18
8
54
18
58
2,043
2,025
2,066
29
13
18
93
87
87
87
102
86
159
154
151
141
275
2,901
31
36
66
88
100
69
341
820
1,250
1,828
2,499
3,005
3,375
3,718
4,176
4,775
6,812
13,815
15,162
17,240
20,459
32,135
33,501
33,386
32,571
34,383
34,802
34,990
35,583
37,097
191,538
213,492
213,718
213,954
213,954213,718213,492191,53837,09735,58334,99034,80234,38332,57133,38633,50132,13520,45917,24015,16213,8156,8124,7754,1763,7183,3753,0052,4991,8281,25082034169100886636312,90127514115115415986102878787931813292,0662,0252,0435818548183162
   > Total Current Assets 
62
31
18
8
54
18
58
43
25
66
29
13
18
7
1
1
1
17
1
74
69
66
56
50
50
31
36
66
88
100
69
341
820
1,250
1,828
2,499
3,005
3,375
3,718
4,176
4,775
6,812
13,815
14,998
16,792
18,560
18,504
19,931
19,910
19,289
21,214
21,774
22,089
22,853
24,194
48,555
56,669
45,066
45,925
45,92545,06656,66948,55524,19422,85322,08921,77421,21419,28919,91019,93118,50418,56016,79214,99813,8156,8124,7754,1763,7183,3753,0052,4991,8281,250820341691008866363150505666697411711171813296625435818548183162
       Cash And Cash Equivalents 
62
31
18
8
54
18
56
41
23
66
27
13
18
6
0
0
0
0
0
0
0
0
0
0
0
4
14
24
25
42
7
90
447
580
1,118
1,425
1,731
2,305
1,857
1,940
2,905
5,010
11,706
11,750
13,880
16,798
15,242
15,811
15,870
14,950
15,424
15,754
16,142
17,100
17,293
32,830
38,405
30,126
29,662
29,66230,12638,40532,83017,29317,10016,14215,75415,42414,95015,87015,81115,24216,79813,88011,75011,7065,0102,9051,9401,8572,3051,7311,4251,1185804479074225241440000000000061813276623415618548183162
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
330
0
0330000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
1
0
0
1
0
0
16
16
79
74
69
66
56
50
50
28
23
43
63
58
63
251
372
669
710
1,074
1,274
1,070
1,861
2,235
1,859
1,802
1,697
3,194
2,791
1,763
2,243
2,873
2,589
3,055
3,845
3,920
4,248
3,883
4,328
7,224
9,462
6,061
6,888
6,8886,0619,4627,2244,3283,8834,2483,9203,8453,0552,5892,8732,2431,7632,7913,1941,6971,8021,8592,2351,8611,0701,2741,0747106693722516358634323285050566669747916160010010000000000
       Other Current Assets 
0
0
0
0
0
0
2
2
2
0
0
0
0
1
1
1
1
1
1
74
69
66
56
50
50
0
0
0
0
0
0
0
1
659
697
906
0
587
0
1,241
11
1,046
411
53
121
1,483
167
328
260
137
332
238
501,442
155
197
2,457
4,388
0
2,292
2,29204,3882,457197155501,4422383321372603281671,483121534111,046111,24105870906697659100000005050566669741111110000222000000
   > Long-term Assets 
0
0
0
0
0
0
0
2,000
2,000
2,000
0
0
0
87
86
86
86
85
85
85
85
85
85
225
2,851
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
164
448
415
13,631
13,570
13,476
13,282
13,169
13,028
12,901
12,730
12,903
142,982
156,823
168,651
168,029
168,029168,651156,823142,98212,90312,73012,90113,02813,16913,28213,47613,57013,6314154481640000000000000000002,851225858585858585868686870002,0002,0002,0000000000
       Property Plant Equipment 
0
0
0
0
0
0
0
2,000
2,000
2,000
0
0
0
87
86
86
86
85
85
85
85
85
85
85
85
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
298
280
267
267
271
223
219
177
144
103
376
31,809
33,218
35,075
34,728
34,72835,07533,21831,80937610314417721922327126726728029800000000000000000008585858585858585868686870002,0002,0002,0000000000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,719
10,719
10,719
10,452
10,382
10,382
10,382
10,382
10,382
58,189
64,130
71,249
71,039
71,03971,24964,13058,18910,38210,38210,38210,38210,38210,45210,71910,71910,7190000000000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
230
240
218
226
2262182402300000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
140
2,766
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
164
150
135
2,645
2,585
2,486
2,607
2,569
2,469
2,375
2,245
2,145
46,988
53,222
56,393
56,466
56,46656,39353,22246,9882,1452,2452,3752,4692,5692,6072,4862,5852,6451351501640000000000000000002,76614000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-164
0
1,483
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000001,4830-1640000000000000000000000000000000000000000000
> Total Liabilities 
7
3
1
8
36
13
48
123
136
117
121
119
190
305
333
421
403
739
811
814
1,840
1,810
4,356
5,674
29,798
2,567
2,033
1,821
1,624
1,937
1,671
1,560
2,161
1,915
1,946
1,913
1,972
1,639
1,249
1,141
1,283
958
553
1,241
1,646
1,531
4,557
4,618
3,697
2,775
3,867
3,947
4,089
4,479
4,950
101,146
114,904
104,767
101,576
101,576104,767114,904101,1464,9504,4794,0893,9473,8672,7753,6974,6184,5571,5311,6461,2415539581,2831,1411,2491,6391,9721,9131,9461,9152,1611,5601,6711,9371,6241,8212,0332,56729,7985,6744,3561,8101,8408148117394034213333051901191211171361234813368137
   > Total Current Liabilities 
7
3
1
8
36
13
48
123
136
117
121
119
190
305
333
421
403
739
811
814
1,840
1,810
4,356
5,674
29,798
2,567
2,033
1,821
1,624
1,937
1,671
1,560
2,161
1,770
1,801
1,768
1,827
1,639
1,249
1,141
1,283
958
553
1,241
1,434
1,349
4,413
4,496
3,605
2,715
3,829
3,938
4,089
4,479
4,693
51,313
69,391
63,551
62,002
62,00263,55169,39151,3134,6934,4794,0893,9383,8292,7153,6054,4964,4131,3491,4341,2415539581,2831,1411,2491,6391,8271,7681,8011,7702,1611,5601,6711,9371,6241,8212,0332,56729,7985,6744,3561,8101,8408148117394034213333051901191211171361234813368137
       Short-term Debt 
0
0
0
2
2
0
0
0
0
0
0
0
74
178
189
220
353
683
754
771
1,768
1,592
3,976
5,606
29,705
1,251
982
979
933
903
104
866
547
250
185
1,217
1,219
967
505
330
164
67
0
0
87
200
658
100
101
95
107
103
88
59
81
0
18,919
0
0
0018,9190815988103107951011006582008700671643305059671,2191,2171852505478661049039339799821,25129,7055,6063,9761,5921,76877175468335322018917874000000022000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
835
543
904
0
900
675
0
0
186
1,218
1,220
968
505
331
165
68
0
0
0
0
563
0
0
0
0
0
0
0
0
29,300
17,491
17,375
15,126
15,12617,37517,49129,300000000005630000681653315059681,2201,21818600675900090454383500000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
81
0
0
130
117
113
122
136
179
39
44
46
32
61
39
34
13
38
25
38
22
21
15
29
430
14
34
50
69
41
34
686
31
262
243
287
914
1,124
105
1,208
2,018
1,623
1,385
2,098
2,042
2,417
2,848
2,866
9,364
12,253
12,912
17,183
17,18312,91212,2539,3642,8662,8482,4172,0422,0981,3851,6232,0181,2081051,1249142872432623168634416950341443029152122382538133439613246443917913612211311713000810000000
       Other Current Liabilities 
7
3
1
6
35
13
48
123
136
117
121
-116
-109
-117
-136
-157
-39
-44
-46
-21
-50
141
313
42
17
992
610
338
136
427
180
-328
1,053
1,064
1,102
-58
-26
-23
-671
748
590
193
-172
-597
-916
870
274
-670
-299
-766
-1,418
-1,383
-1,744
988
660
1,712
33,657
629
648
64862933,6571,712660988-1,744-1,383-1,418-766-299-670274870-916-597-172193590748-671-23-26-581,1021,0641,053-3281804271363386109921742313141-50-21-46-44-39-157-136-117-109-1161211171361234813356137
   > Long-term Liabilities 
0
0
0
2
2
0
0
81
0
0
130
117
186
300
324
399
392
728
800
803
1,829
1,630
4,009
5,619
29,743
0
1,020
1,001
954
917
133
1,296
561
145
145
145
145
1,001
1,192
361
431
521
229
-164
212
182
144
121
92
60
38
9
19,949
0
257
49,833
45,513
41,216
39,574
39,57441,21645,51349,833257019,9499386092121144182212-1642295214313611,1921,0011451451451455611,2961339179541,0011,020029,7435,6194,0091,6301,82980380072839239932430018611713000810022000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
145
145
145
145
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000000000145145145145000000000000000000000000000000000
> Total Stockholder Equity
55
29
17
0
17
5
10
1,920
1,889
1,950
-92
-105
-172
-211
-246
-334
-316
-637
-725
-655
-1,685
-1,659
-4,215
-5,399
-26,897
-2,536
-1,996
-1,755
-1,536
-1,837
-1,601
-1,219
-1,341
-666
-118
586
1,033
1,736
2,469
3,035
3,492
5,854
13,262
13,921
15,594
18,928
24,808
26,000
26,753
26,797
30,516
30,855
30,901
31,103
32,147
89,531
94,254
105,073
108,527
108,527105,07394,25489,53132,14731,10330,90130,85530,51626,79726,75326,00024,80818,92815,59413,92113,2625,8543,4923,0352,4691,7361,033586-118-666-1,341-1,219-1,601-1,837-1,536-1,755-1,996-2,536-26,897-5,399-4,215-1,659-1,685-655-725-637-316-334-246-211-172-105-921,9501,8891,920105170172955
   Common Stock
11
11
11
44
45
45
45
49
49
50
50
50
50
61
67
80
129
163
274
3,046
3,323
3,323
0
1
0
12
0
1
1
4
8
20
26
28
28
28
28
28
28
28
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
001000000000000000028282828282828262084110120103,3233,3233,04627416312980676150505050494945454544111111
   Retained Earnings 
-57
-84
-95
-112
-195
-308
-472
-5,707
-5,788
-5,835
-13,969
-14,017
-14,113
-14,299
-14,404
-14,560
-14,817
-15,174
-15,400
-16,078
-17,129
-17,518
-20,316
-21,965
-44,440
-27,435
-27,265
-27,065
-26,889
-27,347
-27,263
-27,298
-28,208
-27,876
-27,454
-27,175
-26,438
-25,892
-25,453
-25,241
-25,156
-25,125
-25,073
-24,945
-24,464
-24,425
-24,075
-23,488
-22,860
-24,675
-25,118
-25,652
-26,618
-25,848
-25,773
62,583
59,177
57,047
56,815
56,81557,04759,17762,583-25,773-25,848-26,618-25,652-25,118-24,675-22,860-23,488-24,075-24,425-24,464-24,945-25,073-25,125-25,156-25,241-25,453-25,892-26,438-27,175-27,454-27,876-28,208-27,298-27,263-27,347-26,889-27,065-27,265-27,435-44,440-21,965-20,316-17,518-17,129-16,078-15,400-15,174-14,817-14,560-14,404-14,299-14,113-14,017-13,969-5,835-5,788-5,707-472-308-195-112-95-84-57
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
-3
-1
-1
-1
-1
-10
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
-1
0
1
-2
55
-55
-109
-206
-53
43
122
-73
125
0
-3,595
0
0
00-3,5950125-7312243-53-206-109-5555-210-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-10-1-1-1-1-3000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
101
101
101
68
168
267
437
7,578
7,628
7,738
13,827
13,862
13,892
14,028
14,101
14,147
14,372
14,375
14,402
12,378
12,121
12,537
16,102
16,565
17,544
24,887
25,269
25,309
25,352
25,507
25,654
26,059
26,841
27,182
27,308
27,733
27,443
27,601
27,894
28,249
28,648
30,980
38,336
38,866
40,057
43,354
48,828
49,543
49,722
51,678
55,688
56,464
57,396
57,024
57,795
0
38,671
0
0
0038,671057,79557,02457,39656,46455,68851,67849,72249,54348,82843,35440,05738,86638,33630,98028,64828,24927,89427,60127,44327,73327,30827,18226,84126,05925,65425,50725,35225,30925,26924,88717,54416,56516,10212,53712,12112,37814,40214,37514,37214,14714,10114,02813,89213,86213,8277,7387,6287,57843726716868101101101



5.3. Balance Sheets

Currency in USD. All numbers in thousands.




5.4. Cash Flows

Currency in USD. All numbers in thousands.




5.5. Income Statements

Currency in USD. All numbers in thousands.


5.6. Latest Income Statement

Income Statement (annual), 2024-10-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue151,116
Cost of Revenue-62,543
Gross Profit88,57288,572
 
Operating Income (+$)
Gross Profit88,572
Operating Expense-147,014
Operating Income4,102-58,442
 
Operating Expense (+$)
Research Development0
Selling General Administrative78,097
Selling And Marketing Expenses0
Operating Expense147,01478,097
 
Net Interest Income (+$)
Interest Income218
Interest Expense-3,521
Other Finance Cost-0
Net Interest Income-3,303
 
Pretax Income (+$)
Operating Income4,102
Net Interest Income-3,303
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,2093,692
EBIT - interestExpense = -3,521
-1,480
2,041
Interest Expense3,521
Earnings Before Interest and Taxes (EBIT)04,730
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,209
Tax Provision-2,618
Net Income From Continuing Ops-1,410-1,410
Net Income-1,480
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net4103,303
 

Technical Analysis of Golden Matrix Group Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Golden Matrix Group Inc. The general trend of Golden Matrix Group Inc is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Golden Matrix Group Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Golden Matrix Group Inc Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Golden Matrix Group Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.98 < 2.14 < 2.18.

The bearish price targets are: 1.33.

Know someone who trades $GMGI? Share this with them.πŸ‘‡

Golden Matrix Group Inc Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Golden Matrix Group Inc. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Golden Matrix Group Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Golden Matrix Group Inc. The current macd is -0.03847571.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Golden Matrix Group Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Golden Matrix Group Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Golden Matrix Group Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Golden Matrix Group Inc Daily Moving Average Convergence/Divergence (MACD) ChartGolden Matrix Group Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Golden Matrix Group Inc. The current adx is 22.96.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Golden Matrix Group Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Golden Matrix Group Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Golden Matrix Group Inc. The current sar is 1.88720685.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Golden Matrix Group Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Golden Matrix Group Inc. The current rsi is 43.25. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Golden Matrix Group Inc Daily Relative Strength Index (RSI) ChartGolden Matrix Group Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Golden Matrix Group Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Golden Matrix Group Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Golden Matrix Group Inc Daily Stochastic Oscillator ChartGolden Matrix Group Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Golden Matrix Group Inc. The current cci is -44.15689383.

Golden Matrix Group Inc Daily Commodity Channel Index (CCI) ChartGolden Matrix Group Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Golden Matrix Group Inc. The current cmo is -17.01881992.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Golden Matrix Group Inc Daily Chande Momentum Oscillator (CMO) ChartGolden Matrix Group Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Golden Matrix Group Inc. The current willr is -80.95238095.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Golden Matrix Group Inc Daily Williams %R ChartGolden Matrix Group Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Golden Matrix Group Inc.

Golden Matrix Group Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Golden Matrix Group Inc. The current atr is 0.10673666.

Golden Matrix Group Inc Daily Average True Range (ATR) ChartGolden Matrix Group Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Golden Matrix Group Inc. The current obv is -5,184,617.

Golden Matrix Group Inc Daily On-Balance Volume (OBV) ChartGolden Matrix Group Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Golden Matrix Group Inc. The current mfi is 41.59.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Golden Matrix Group Inc Daily Money Flow Index (MFI) ChartGolden Matrix Group Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Golden Matrix Group Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-02-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-04-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-05STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-05-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-05-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-16BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-06-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Golden Matrix Group Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Golden Matrix Group Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.251
Ma 20Greater thanMa 501.723
Ma 50Greater thanMa 1001.803
Ma 100Greater thanMa 2001.900
OpenGreater thanClose1.620
Total0/5 (0.0%)
Penke
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