Goldmining Stock Today

GLDG Stock  USD 0.88  0.02  2.08%   

Performance

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Odds Of Distress

Below Average

 
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GoldMining is trading at 0.8779 as of the 17th of March 2025. This is a 2.08 percent increase since the beginning of the trading day. The stock's lowest day price was 0.86. GoldMining has about a 42 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
Business Domain
Materials
IPO Date
5th of July 2011
Category
Basic Materials
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. The company has 190.94 M outstanding shares of which 1.81 M shares are currently shorted by private and institutional investors with about 3.1 trading days to cover. More on GoldMining

Moving together with GoldMining Stock

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GoldMining Stock Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationDiversified Metals & Mining, Materials, Basic Materials, Precious Metals, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities3.6 M4.9 M
Way Down
Slightly volatile
Non Current Liabilities Total1.7 M1.8 M
Sufficiently Down
Slightly volatile
Total Assets77.6 M139.1 M
Way Down
Slightly volatile
Total Current Assets10.5 M15.3 M
Way Down
Slightly volatile
Debt Levels
GoldMining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GoldMining's financial leverage. It provides some insight into what part of GoldMining's total assets is financed by creditors.
Liquidity
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.

Change In Working Capital

3.11 Million
GoldMining (GLDG) is traded on NYSE MKT Exchange in USA. It is located in 1188 West Georgia Street, Vancouver, BC, Canada, V6E 4A2 and employs 33 people. GoldMining is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 176.92 M. GoldMining conducts business under Metals & Mining sector and is part of Materials industry. The entity has 190.94 M outstanding shares of which 1.81 M shares are currently shorted by private and institutional investors with about 3.1 trading days to cover. 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.
Check GoldMining Probability Of Bankruptcy
Ownership Allocation
GoldMining has a total of 190.94 Million outstanding shares. GoldMining retains 5.04 (percent) of its outstanding shares held by insiders and 8.47 (percent) owned by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check GoldMining Ownership Details

GoldMining Historical Income Statement

At this time, GoldMining's Total Operating Expenses is most likely to increase significantly in the upcoming years. The GoldMining's current Depreciation And Amortization is estimated to increase to about 2.4 M, while Gross Profit is projected to decrease to (399.7 K). View More Fundamentals

GoldMining Stock Against Markets

GoldMining Corporate Management

Katherine ArblasterSocial EnvironmentProfile
BCom BCommMember CorpProfile
Alastair StillChief OfficerProfile
Amir AdnaniFounder ChairmanProfile
YongJae LLBGeneral CounselProfile
Tim SmithVP GoldMiningProfile
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoldMining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in GoldMining Stock please use our How to Invest in GoldMining guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.