Financial Analysis: GoldMining Inc (GLDG)’s Ratios Unveil Key Insights

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As of close of business last night, GoldMining Inc’s stock clocked out at $0.95, up 2.81% from its previous closing price of $0.92. In other words, the price has increased by $2.81 from its previous closing price. On the day, 0.63 million shares were traded. GLDG stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.92.

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 5.63 and its Current Ratio is at 5.63. 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 178015536 and an Enterprise Value of 162254832.

Stock Price History:

The Beta on a monthly basis for GLDG is 1.38, which has changed by 0.021505356 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, GLDG has reached a high of $1.08, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is 6.71%, while the 200-Day Moving Average is calculated to be 10.27%.

Shares Statistics:

It appears that GLDG traded 425.22K shares on average per day over the past three months and 265520 shares per day over the past ten days. A total of 183.26M shares are outstanding, with a floating share count of 176.62M. Insiders hold about 5.28% of the company’s shares, while institutions hold 8.03% stake in the company. Shares short for GLDG as of 1718323200 were 2640482 with a Short Ratio of 6.21, compared to 1715731200 on 2564615. Therefore, it implies a Short% of Shares Outstanding of 2640482 and a Short% of Float of 1.50999995.

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