Goldmining Stock Analysis
GLDG Stock | USD 0.85 0.02 2.59% |
GoldMining is fairly valued with Real Value of 0.85 and Target Price of 5.25. The main objective of GoldMining stock analysis is to determine its intrinsic value, which is an estimate of what GoldMining is worth, separate from its market price. There are two main types of GoldMining's stock analysis: fundamental analysis and technical analysis.
The GoldMining stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and GoldMining's ongoing operational relationships across important fundamental and technical indicators.
GoldMining |
GoldMining Stock Analysis Notes
The book value of the company was currently reported as 0.6. The company recorded a loss per share of 0.09. GoldMining had not issued any dividends in recent years. The entity had 1:100 split on the December 23, 2014. 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. To learn more about GoldMining call the company at 604 630 1000 or check out https://www.goldmining.com.GoldMining Investment Alerts
GoldMining has some characteristics of a very speculative penny stock | |
GoldMining currently holds 387 K in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. GoldMining has a current ratio of 0.41, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about GoldMining's use of debt, we should always consider it together with its cash and equity. | |
Net Loss for the year was (27.35 M) with profit before overhead, payroll, taxes, and interest of 0. | |
GoldMining currently holds about 4.02 M in cash with (22.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
Latest headline from news.google.com: Strategic Move Why GoldMining Just Adjusted Its NevGold Position - StockTitan |
GoldMining Upcoming and Recent Events
27th of February 2024 Upcoming Quarterly Report | View | |
10th of April 2024 Next Financial Report | View | |
30th of November 2023 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
31st of August 2023 Last Quarter Report | View | |
30th of November 2022 Last Financial Announcement | View |
GoldMining Largest EPS Surprises
Earnings surprises can significantly impact GoldMining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2021-10-11 | 2021-09-30 | -0.008 | -0.01 | -0.002 | 25 | ||
2022-10-14 | 2022-09-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2022-10-14 | 2022-08-31 | -0.01 | -0.02 | -0.01 | 100 |
GoldMining Thematic Classifications
In addition to having GoldMining stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
![]() | Gold and Gold MiningStocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas | |
![]() | Precious MetalsUSA Equities from Precious Metals industry as classified by Fama & French |
GoldMining Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 176.92 M.GoldMining Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.19) | (0.20) | |
Return On Capital Employed | (0.17) | (0.18) | |
Return On Assets | (0.19) | (0.20) | |
Return On Equity | (0.20) | (0.21) |
Management Efficiency
GoldMining has return on total asset (ROA) of (0.1202) % which means that it has lost $0.1202 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2068) %, meaning that it created substantial loss on money invested by shareholders. GoldMining's management efficiency ratios could be used to measure how well GoldMining manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.2. The current Return On Capital Employed is estimated to decrease to -0.18. 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 Assets are projected to decrease to roughly 77.6 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 0.70 | 0.42 | |
Tangible Book Value Per Share | 0.70 | 0.42 | |
Enterprise Value Over EBITDA | (9.18) | (9.64) | |
Price Book Value Ratio | 1.84 | 3.16 | |
Enterprise Value Multiple | (9.18) | (9.64) | |
Price Fair Value | 1.84 | 3.16 | |
Enterprise Value | 258.5 M | 271.5 M |
Management at GoldMining focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Technical Drivers
As of the 20th of March, GoldMining retains the Market Risk Adjusted Performance of 0.0223, risk adjusted performance of 0.0095, and Downside Deviation of 2.77. GoldMining technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out GoldMining variance and the relationship between the treynor ratio and expected short fall to decide if GoldMining is priced fairly, providing market reflects its last-minute price of 0.84750003 per share. Given that GoldMining is a hitting penny stock territory we urge to closely look at its total risk alpha.GoldMining Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. GoldMining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for GoldMining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
GoldMining Outstanding Bonds
GoldMining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. GoldMining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most GoldMining bonds can be classified according to their maturity, which is the date when GoldMining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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GoldMining Predictive Daily Indicators
GoldMining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GoldMining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
GoldMining Forecast Models
GoldMining's time-series forecasting models are one of many GoldMining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GoldMining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About GoldMining Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how GoldMining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GoldMining shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as GoldMining. By using and applying GoldMining Stock analysis, traders can create a robust methodology for identifying GoldMining entry and exit points for their positions.
Last Reported | Projected for Next Year |
Current GoldMining Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. GoldMining analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. GoldMining analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
5.25 | Buy | 2 | Odds |
Most GoldMining analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand GoldMining stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of GoldMining, talking to its executives and customers, or listening to GoldMining conference calls.
GoldMining Stock Analysis Indicators
GoldMining stock analysis indicators help investors evaluate how GoldMining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading GoldMining shares will generate the highest return on investment. By understating and applying GoldMining stock analysis, traders can identify GoldMining position entry and exit signals to maximize returns.
Begin Period Cash Flow | 21.7 M | |
Common Stock Shares Outstanding | 194.7 M | |
Total Stockholder Equity | 113.8 M | |
Tax Provision | 2.1 M | |
Property Plant And Equipment Net | 59.8 M | |
Cash And Short Term Investments | 11.9 M | |
Cash | 11.9 M | |
Accounts Payable | 1.6 M | |
Net Debt | -11.5 M | |
50 Day M A | 0.953 | |
Total Current Liabilities | 4.2 M | |
Non Current Assets Total | 107.6 M | |
Non Currrent Assets Other | 494 K | |
Stock Based Compensation | 2.3 M |
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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