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GoldMining (TSE:GOLD) Trading Down 0.8% - Time to Sell?

GoldMining logo with Basic Materials background

GoldMining Inc. (TSE:GOLD - Get Free Report) fell 0.8% on Tuesday . The stock traded as low as C$1.17 and last traded at C$1.18. 113,388 shares changed hands during trading, a decline of 7% from the average session volume of 122,209 shares. The stock had previously closed at C$1.19.

GoldMining Price Performance

The firm's fifty day moving average is C$1.16 and its 200 day moving average is C$1.20. The company has a market capitalization of C$224.98 million, a P/E ratio of -9.37 and a beta of 1.37. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.37 and a current ratio of 4.19.

About GoldMining

(Get Free Report)

GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It operates a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the United States, Brazil, Colombia, and Peru. The company's principal projects include La Mina Gold Project and Titiribi Gold-Copper Project located in Colombia; Whistler Gold-Copper Project located in Alaska, the United States; and São Jorge Gold Project located in the State of Pará, Brazil.

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