Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of GoldMining Inc (AMEX: GLDG) closed at $0.81 in the last session, up 1.31% from day before closing price of $0.8. In other words, the price has increased by $1.31 from its previous closing price. On the day, 0.62 million shares were traded. GLDG stock price reached its highest trading level at $0.8162 during the session, while it also had its lowest trading level at $0.7951.
Ratios:
We take a closer look at GLDG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.14 and its Current Ratio is at 2.14. 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 162113776 and an Enterprise Value of 156745616.
Stock Price History:
The Beta on a monthly basis for GLDG is 0.99, which has changed by -0.068965495 over the last 52 weeks, in comparison to a change of 0.13054323 over the same period for the S&P500. Over the past 52 weeks, GLDG has reached a high of $1.06, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is 4.86%, while the 200-Day Moving Average is calculated to be 0.48%.
Shares Statistics:
According to the various share statistics, GLDG traded on average about 570.31K shares per day over the past 3-months and 487700 shares per day over the past 10 days. A total of 196.71M shares are outstanding, with a floating share count of 188.62M. Insiders hold about 5.24% of the company’s shares, while institutions hold 9.41% stake in the company. Shares short for GLDG as of 1753920000 were 1642522 with a Short Ratio of 2.88, compared to 1751241600 on 1581117. Therefore, it implies a Short% of Shares Outstanding of 1642522 and a Short% of Float of 0.8699999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of GoldMining Inc (GLDG) is currently attracting attention from 1.0 analysts actively involved in rating its market status.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 -$0.1 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is -$0.13, with 2.0 analysts recommending between -$0.13 and -$0.14.