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GoldMining (TSE:GOLD) Shares Up 2.7% - Still a Buy?

GoldMining logo with Basic Materials background

GoldMining Inc. (TSE:GOLD - Get Free Report)'s share price traded up 2.7% during trading on Wednesday . The stock traded as high as C$1.15 and last traded at C$1.15. 35,229 shares changed hands during trading, a decline of 29% from the average session volume of 49,309 shares. The stock had previously closed at C$1.12.

GoldMining Price Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 4.19 and a quick ratio of 0.37. The stock has a market capitalization of C$217.03 million, a P/E ratio of -8.85 and a beta of 1.37. The firm has a fifty day moving average of C$1.20 and a two-hundred day moving average of C$1.23.

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.

Further Reading

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