GoldMining Financials

GLDG Stock  USD 0.88  0.02  2.10%   
GoldMining is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in April. At this time, GoldMining's Other Current Assets are most likely to increase significantly in the upcoming years. The GoldMining's current Net Tangible Assets is estimated to increase to about 163.1 M, while Total Current Liabilities is projected to decrease to roughly 3.6 M. Key indicators impacting GoldMining's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00290.0031
Notably Down
Slightly volatile
Current Ratio3.443.62
Notably Down
Slightly volatile
The financial analysis of GoldMining is a critical element in measuring its lifeblood. Investors should not minimize GoldMining's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(27.63 Million)

  
Understanding current and past GoldMining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of GoldMining's financial statements are interrelated, with each one affecting the others. For example, an increase in GoldMining's assets may result in an increase in income on the income statement.

GoldMining Stock Summary

GoldMining competes with Gold Royalty, Uranium Royalty, Metalla Royalty, and Equinox Gold. GoldMining Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of gold assets in the Americas. GoldMining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. Goldmining operates under Gold classification in the United States and is traded on AMEX Exchange. It employs 22 people.
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNYSE MKT Exchange
ISINCA38149E1016
CUSIP38149E101
LocationBritish Columbia; Canada
Business Address1188 West Georgia
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.goldmining.com
Phone604 630 1000
CurrencyUSD - US Dollar

GoldMining Key Financial Ratios

GoldMining Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets200.2M147.3M136.9M121.0M139.1M77.6M
Other Current Liab46K198K514K300K345K532.7K
Net Debt987.6K751K(21.2M)(11.5M)(10.3M)(10.9M)
Retained Earnings41.2M28.0M20.2M(4.4M)(5.1M)(5.4M)
Accounts Payable992K1.7M1.8M1.6M1.8M1.2M
Cash11.7M8.3M21.6M11.9M13.7M9.8M
Net Receivables40.1K374K594K354K407.1K427.5K
Other Current Assets529K499K1.5M1.1M1.2M1.3M
Total Liab24.5M12.2M4.5M5.8M6.7M5.1M
Total Current Assets12.3M9.2M23.7M13.3M15.3M10.5M
Net Tangible Assets65.6M64.3M175.7M135.1M155.4M163.1M
Short Term Debt12.5M8.9M66K88K101.2K96.1K
Common Stock131.1M150.9M176.6M190.8M219.4M110.3M
Other Liab816.7K815.8K10.8M1.1M1.3M2.4M
Net Invested Capital188.2M143.9M129.2M113.8M130.8M117.1M
Net Working Capital(1.3M)(1.8M)21.4M9.1M10.4M8.2M
Capital Stock131.1M150.9M176.6M190.8M219.4M158.1M

GoldMining Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense145.7K1.7M1.3M49K56.4K53.5K
Gross Profit(185.6K)(210K)(237K)(331K)(380.7K)(399.7K)
Operating Income108.7M(13.7M)(25.3M)(26.2M)(30.2M)(28.7M)
Ebit(11.1M)(11.4M)(12.6M)(25.2M)(22.6M)(21.5M)
Ebitda(10.8M)(11.2M)(12.4M)(23.2M)(20.9M)(19.8M)
Cost Of Revenue185.6K210K237K331K297.9K274.3K
Income Before Tax109.2M(14.4M)(25.4M)(25.2M)(29.0M)(27.6M)
Net Income100.4M(13.2M)(28.8M)(25.3M)(29.1M)(27.6M)
Income Tax Expense(2.3K)9.0M(1.2M)4.9M5.6M5.9M
Minority Interest171.1K0.01.7M2.1M2.4M2.5M
Net Interest Income(138.1K)(1.7M)(609K)661K594.9K624.6K
Interest Income7.6K53K657K710K816.5K857.3K
Tax Provision9.0M(1.2M)4.9M2.1M2.4M3.3M

GoldMining Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash2.5M(3.3M)13.4M(9.7M)(8.7M)(8.3M)
Free Cash Flow(8.0M)(11.1M)(23.7M)(23.2M)(20.9M)(19.8M)
Capital Expenditures56.3K145K1.8M648K745.2K593.7K
Net Income100.2M(13.2M)(30.4M)(27.3M)(31.4M)(29.9M)
End Period Cash Flow11.7M8.3M21.7M12.0M13.8M9.9M
Depreciation185.6K210K202K331K380.7K192.8K
Other Non Cash Items(121.0M)77K229.0K(556K)(500.4K)(525.4K)
Change To Netincome1.3M2.8M(109.1M)1.2M1.1M1.2M
Investments(2.4M)(6.4M)(3.8M)(1.0M)(939.6K)(986.6K)
Change To Inventory5.9K334K(37K)(12K)(10.8K)(10.3K)

GoldMining Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining GoldMining's current stock value. Our valuation model uses many indicators to compare GoldMining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across GoldMining competition to find correlations between indicators driving GoldMining's intrinsic value. More Info.
GoldMining is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, GoldMining's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value GoldMining by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

GoldMining Systematic Risk

GoldMining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. GoldMining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on GoldMining correlated with the market. If Beta is less than 0 GoldMining generally moves in the opposite direction as compared to the market. If GoldMining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GoldMining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GoldMining is generally in the same direction as the market. If Beta > 1 GoldMining moves generally in the same direction as, but more than the movement of the benchmark.

GoldMining Thematic Clasifications

GoldMining is part of several thematic ideas from Precious Metals to Gold and Gold Mining. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in GoldMining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various GoldMining's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of GoldMining growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0624)

At this time, GoldMining's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

GoldMining March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of GoldMining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of GoldMining. We use our internally-developed statistical techniques to arrive at the intrinsic value of GoldMining based on widely used predictive technical indicators. In general, we focus on analyzing GoldMining Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GoldMining's daily price indicators and compare them against related drivers.

Complementary Tools for GoldMining Stock analysis

When running GoldMining's price analysis, check to measure GoldMining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GoldMining is operating at the current time. Most of GoldMining's value examination focuses on studying past and present price action to predict the probability of GoldMining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoldMining's price. Additionally, you may evaluate how the addition of GoldMining to your portfolios can decrease your overall portfolio volatility.
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