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Golden Ridge Resources Ltd. (TSXV:GLDN.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Golden Ridge Resources Ltd. (TSXV:GLDN.V) seasonal charts above shows that a Buy Date of December 22 and a Sell Date of April 27 has resulted in a geometric average return of 33.7% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 8 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 9 years by an average of 87.28% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of GLDN.V, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Golden Ridge Resources Ltd is a junior exploration company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Royalle Au-Ag Project and North Canol.

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