Deeper Dive: Understanding GoldMining Inc (GLDG) Through its Various Ratios

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The price of GoldMining Inc (AMEX: GLDG) closed at $0.94 in the last session, up 2.85% from day before closing price of $0.91. In other words, the price has increased by $2.85 from its previous closing price. On the day, 1.05 million shares were traded. GLDG stock price reached its highest trading level at $0.9448 during the session, while it also had its lowest trading level at $0.8956.

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 5.27 and its Current Ratio is at 5.27. 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 177212768 and an Enterprise Value of 163191136.

Stock Price History:

Over the past 52 weeks, GLDG has reached a high of $1.08, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is 7.57%, while the 200-Day Moving Average is calculated to be 7.12%.

Shares Statistics:

According to the various share statistics, GLDG traded on average about 420.87K shares per day over the past 3-months and 986950 shares per day over the past 10 days. A total of 183.26M shares are outstanding, with a floating share count of 178.81M. Insiders hold about 5.25% of the company’s shares, while institutions hold 7.94% stake in the company. Shares short for GLDG as of 1723680000 were 2104578 with a Short Ratio of 5.00, compared to 1721001600 on 2363277. Therefore, it implies a Short% of Shares Outstanding of 2104578 and a Short% of Float of 1.1900000000000002.

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