Goldmining Stock Fundamentals
| GLDG Stock | USD 0.87 0.03 3.57% |
GoldMining fundamentals help investors to digest information that contributes to GoldMining's financial success or failures. It also enables traders to predict the movement of GoldMining Stock. The fundamental analysis module provides a way to measure GoldMining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GoldMining stock.
At this time, GoldMining's Other Operating Expenses is most likely to increase significantly in the upcoming years. The GoldMining's current Cost Of Revenue is estimated to increase to about 274.9 K, while Operating Income is forecasted to increase to (27.6 M). GoldMining | Select Account or Indicator |
GoldMining Company Current Valuation Analysis
GoldMining's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current GoldMining Current Valuation | 160.01 M |
Most of GoldMining's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GoldMining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
GoldMining Current Valuation Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of GoldMining current valuation as a starting point in their analysis.
GoldMining Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, GoldMining has a Current Valuation of 160.01 M. This is 98.6% lower than that of the Metals & Mining sector and 95.93% lower than that of the Materials industry. The current valuation for all United States stocks is 99.04% higher than that of the company.
GoldMining Fundamental Drivers 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 Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoldMining's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoldMining could also be used in its relative valuation, which is a method of valuing GoldMining by comparing valuation metrics of similar companies.GoldMining is currently under evaluation in current valuation category among its peers.
GoldMining Current Valuation Drivers
We derive many important indicators used in calculating different scores of GoldMining from analyzing GoldMining's financial statements. These drivers represent accounts that assess GoldMining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GoldMining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 155.8M | 397.2M | 248.0M | 286.5M | 257.9M | 270.8M | |
| Enterprise Value | 149.3M | 388.5M | 249.0M | 287.3M | 258.5M | 271.5M |
GoldMining Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.12 | ||||
| Current Valuation | 160.01 M | ||||
| Shares Outstanding | 190.94 M | ||||
| Shares Owned By Insiders | 5.04 % | ||||
| Shares Owned By Institutions | 8.47 % | ||||
| Number Of Shares Shorted | 1.81 M | ||||
| Price To Earning | 1.64 X | ||||
| Price To Book | 2.04 X | ||||
| EBITDA | (23.2 M) | ||||
| Net Income | (30.45 M) | ||||
| Cash And Equivalents | 4.02 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 395 K | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 0.42 X | ||||
| Book Value Per Share | 0.60 X | ||||
| Cash Flow From Operations | (21.83 M) | ||||
| Short Ratio | 3.10 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 5.25 | ||||
| Number Of Employees | 38 | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 176.92 M | ||||
| Total Asset | 136.88 M | ||||
| Retained Earnings | 20.18 M | ||||
| Working Capital | 21.38 M | ||||
| Current Asset | 10 K | ||||
| Current Liabilities | 1.5 M | ||||
| Net Asset | 136.88 M |
About GoldMining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GoldMining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoldMining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoldMining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | (14.97) | (15.72) | |
| Cost Of Revenue | 213.3 K | 274.9 K |
Currently Active Assets on Macroaxis
When determining whether GoldMining is a strong investment it is important to analyze GoldMining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GoldMining's future performance. For an informed investment choice regarding GoldMining Stock, refer to the following important reports:Check out GoldMining Piotroski F Score and GoldMining Altman Z Score analysis. For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoldMining. If investors know GoldMining will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoldMining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Return On Assets (0.12) | Return On Equity (0.21) |
The market value of GoldMining is measured differently than its book value, which is the value of GoldMining that is recorded on the company's balance sheet. Investors also form their own opinion of GoldMining's value that differs from its market value or its book value, called intrinsic value, which is GoldMining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoldMining's market value can be influenced by many factors that don't directly affect GoldMining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoldMining's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoldMining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoldMining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.