A Stock You Should Be Looking At: GoldMining Inc (AMEX:GLDG)

As of close of business last night, GoldMining Inc’s stock clocked out at $0.91, up 0.68% from its previous closing price of $0.90. In other words, the price has increased by $+0.0061 from its previous closing price. On the day, 773605 shares were traded.

Ratios:

To gain a deeper understanding of GLDG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.12 and its Current Ratio is at 10.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 19 ’23 when GoldMining Inc. bought 18,000 shares for $15.97 per share. The transaction valued at 287,446 led to the insider holds 9,848,552 shares of the business.

GoldMining Inc. bought 3,000 shares of GLDG for $44,395 on May 11 ’23. The 10% Owner now owns 9,830,552 shares after completing the transaction at $14.80 per share. On May 10 ’23, another insider, GoldMining Inc., who serves as the 10% Owner of the company, bought 5,000 shares for $13.87 each. As a result, the insider paid 69,354 and bolstered with 9,827,552 shares of the company.

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 167.57M and an Enterprise Value of 151.87M.

Stock Price History:

Over the past 52 weeks, GLDG has reached a high of $1.26, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is 0.8320, while the 200-Day Moving Average is calculated to be 0.8700.

Shares Statistics:

It appears that GLDG traded 442.26K shares on average per day over the past three months and 714.85k shares per day over the past ten days. A total of 183.26M shares are outstanding, with a floating share count of 174.01M. Insiders hold about 5.35% of the company’s shares, while institutions hold 7.90% stake in the company. Shares short for GLDG as of Feb 29, 2024 were 2.95M with a Short Ratio of 6.73, compared to 2.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.60% and a Short% of Float of 1.71%.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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