GoldMining (TSE:GOLD) Shares Up 0.8% - Here's Why

GoldMining Inc. (TSE:GOLD - Get Free Report)'s stock price traded up 0.8% during mid-day trading on Thursday . The company traded as high as C$1.20 and last traded at C$1.20. 85,496 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 117,463 shares. The stock had previously closed at C$1.19.

GoldMining Trading Up 2.6 %

The firm has a 50-day moving average price of C$1.17 and a 200-day moving average price of C$1.22. The company has a current ratio of 4.19, a quick ratio of 0.37 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of C$226.46 million, a PE ratio of -9.23 and a beta of 1.37.

GoldMining Company Profile

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.