Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, GoldMining Inc (AMEX: GLDG) closed at $1.31 down -1.50% from its previous closing price of $1.33. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 2.12 million shares were traded. GLDG stock price reached its highest trading level at $1.355 during the session, while it also had its lowest trading level at $1.2801.
Ratios:
For a deeper understanding of GoldMining Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.02 and its Current Ratio is at 3.02. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLDG now has a Market Capitalization of 274810432 and an Enterprise Value of 265866992.
Stock Price History:
The Beta on a monthly basis for GLDG is 1.13, which has changed by 0.6625 over the last 52 weeks, in comparison to a change of 0.16081822 over the same period for the S&P500. Over the past 52 weeks, GLDG has reached a high of $1.79, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is -7.94%, while the 200-Day Moving Average is calculated to be 30.89%.
Shares Statistics:
For the past three months, GLDG has traded an average of 2.79M shares per day and 2409750 over the past ten days. A total of 200.23M shares are outstanding, with a floating share count of 199.13M. Insiders hold about 5.08% of the company’s shares, while institutions hold 10.56% stake in the company. Shares short for GLDG as of 1764288000 were 2092921 with a Short Ratio of 0.75, compared to 1761868800 on 2017362. Therefore, it implies a Short% of Shares Outstanding of 2092921 and a Short% of Float of 1.06.
Earnings Estimates
A detailed examination of GoldMining Inc (GLDG) is currently in progress, with 1 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.1 and -$0.11 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is -$0.13, with 2.0 analysts recommending between -$0.12 and -$0.13.
