GoldMining (GLDG) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Brazil Resources Inc. and changed its name to GoldMining Inc. in December 2016. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $0.79 to $0.84
• 50-Day Range: N/A
• 52-Week Range: $0.75 to $1.06
• Volume: 1.16 million shs
• Average Volume: 543,493 shs
• Market Capitalization: $163.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.50
• Consensus Rating: Buy

GoldMining Stock Analysis - MarketRank™

GoldMining scored higher than 57% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

GoldMining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

GoldMining has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for GoldMining are expected to grow in the coming year, from ($0.09) to ($0.08) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GoldMining is -8.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GoldMining is -8.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

GoldMining has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.05% of the float of GoldMining has been sold short.

Short Interest Ratio / Days to Cover

GoldMining has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GoldMining has recently decreased by 5.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GoldMining does not currently pay a dividend.

Dividend Growth

GoldMining does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.05% of the float of GoldMining has been sold short.

Short Interest Ratio / Days to Cover

GoldMining has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GoldMining has recently decreased by 5.91%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.94

News Sentiment

GoldMining has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for GoldMining this week, compared to 0 articles on an average week.

Search Interest

Only 1 people have searched for GLDG on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, GoldMining insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 11.25% of the stock of GoldMining is held by institutions.

GLDG Stock Analysis - Frequently Asked Questions

How have GLDG shares performed this year?

GoldMining's stock was trading at $0.91 at the start of the year. Since then, GLDG stock has decreased by 7.7% and is now trading at $0.84.
View the best growth stocks for 2024 here.

How were GoldMining's earnings last quarter?

GoldMining Inc. (NYSEAMERICAN:GLDG) issued its earnings results on Friday, October, 11th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.03.

Who are GoldMining's major shareholders?

Top institutional shareholders of GoldMining include Van ECK Associates Corp (4.79%), SageView Advisory Group LLC (0.04%), Virtu Financial LLC (0.02%) and Grimes & Company Inc. (0.02%).
View institutional ownership trends.

How do I buy shares of GoldMining?

Shares of GLDG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GoldMining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GoldMining investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), PayPal (PYPL), Riot Platforms (RIOT), Barrick Gold (GOLD) and Ford Motor (F).

Company Calendar

• Last Earnings: 10/11/2024
• Today: 12/21/2024
• Fiscal Year End: 11/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:GLDG
• CUSIP: N/A
• CIK: 1538847
• Web: www.goldmining.com
• Phone: 604-630-1000
• Fax: N/A
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.50
• High Stock Price Target: $5.50
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +554.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,280,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -18.70%
• Return on Assets: -18.01%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.19
• Quick Ratio: 4.19

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.53 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 194,680,000
• Free Float: N/A
• Market Cap: $163.53 million
• Optionable: Not Optionable
• Beta: 1.06