HC Wainwright reiterated their buy rating on shares of GoldMining (NYSEAMERICAN:GLDG - Free Report) in a research report released on Tuesday morning,Benzinga reports. HC Wainwright currently has a $3.25 price objective on the stock. HC Wainwright also issued estimates for GoldMining's FY2026 earnings at ($0.10) EPS.
GoldMining Trading Down 0.5 %
Shares of GoldMining stock traded down $0.00 during trading on Tuesday, hitting $0.83. The stock had a trading volume of 331,246 shares, compared to its average volume of 553,007. The firm has a market capitalization of $163.19 million, a PE ratio of -8.33 and a beta of 1.07. GoldMining has a 12 month low of $0.71 and a 12 month high of $1.06.
Institutional Investors Weigh In On GoldMining
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp lifted its holdings in GoldMining by 1.0% in the fourth quarter. Van ECK Associates Corp now owns 9,240,333 shares of the company's stock valued at $7,438,000 after acquiring an additional 86,964 shares during the period. Sprott Inc. boosted its holdings in GoldMining by 270.9% during the fourth quarter. Sprott Inc. now owns 333,778 shares of the company's stock worth $269,000 after buying an additional 243,778 shares in the last quarter. Jacobi Capital Management LLC acquired a new stake in GoldMining during the fourth quarter valued at $40,000. JPMorgan Chase & Co. purchased a new position in GoldMining in the third quarter valued at $42,000. Finally, Total Wealth Planning & Management Inc. acquired a new position in shares of GoldMining in the fourth quarter worth about $35,000. 11.25% of the stock is currently owned by institutional investors and hedge funds.
GoldMining Company Profile
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GoldMining Inc, a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. It also 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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